$4,250,000
UNDER CONTRACT

Estimated payment $26,783/month

Total Views 708
2 Beds
1.5 Baths
48,000 Sq Ft
$89 Price per Sq Ft

Highlights

  • 184,694 Sq Ft lot
  • Patio
  • Privacy Fence
  • No HOA
  • Central Heating and Cooling System
  • Carpet

About This Home

Incredible opportunity to own a Stabilized 44-unit Multi-Family complex just 5 minutes from Savannah’s Historic District! Built in 1982, this property spans 8 separate buildings across 4+ acres with convenient access to major roadways, public transportation, shopping, and dining. Property includes 16 spacious 1BD/1BA units at 900 SF and 28 two-story 2BD/1.5BA townhomes at 1,200 SF with washer/dryer hookups. On-site parking and trash service add to tenant convenience. Maintained 99% occupancy under current ownership for nearly 12 years with vacancies almost never lasting more than a couple of weeks, with many long-term tenants in place. Significant potential to raise rents to market rates and boost income. Large lot offers space for additional units, or additional development of community amenities—true value-add potential. Perfect for investors looking to expand their portfolio in the growing Savannah market.

Listing Agent

Tori Williams

Seaport Real Estate Group License #412102 Listed on: 08/09/2025

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1982

Lot Details

  • 4.24 Acre Lot
  • Privacy Fence
  • Decorative Fence
  • Aluminum or Metal Fence

Parking

  • Parking Lot

Home Design

  • Concrete Siding

Interior Spaces

  • 48,000 Sq Ft Home
  • 2-Story Property

Kitchen

  • Oven
  • Range
  • Dishwasher

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms

Outdoor Features

  • Patio

Schools

  • Bartow Elementary School
  • Mercer Middle School
  • Groves High School

Utilities

  • Central Heating and Cooling System
  • Underground Utilities
  • Electric Water Heater
  • Cable TV Available

Community Details

  • No Home Owners Association
  • 8 Buildings
  • 44 Units

Listing and Financial Details

  • Assessor Parcel Number 20716 05027

Property Details

Home Type

Multi-Family

Year Built

Built in 1982

Lot Details

0

Listing Details

  • Property Sub Type: Multi Family
  • Property Type: Residential Income
  • Year Built: 1982
  • Ownership: Investor
  • ResoSpecialListingConditions: Standard
  • Reso Accessibility Features: None
  • Reso Flooring: Carpet, Vinyl
  • Property Attached Yn: Yes
  • Master Plan Zoning: RMF
  • Special Features: 4224

Interior Features

  • Appliances: Dishwasher, Electric Water Heater, Oven, Range, Refrigerator, Range Hood
  • Common Walls: 2+ Common Walls, 1 Common Wall
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 2
  • Stories: 2

Exterior Features

  • Other Structures: Workshop
  • Waterfront: No
  • Acres: 4.24
  • Construction Type: Concrete
  • Exterior Features: Patio
  • Patio And Porch Features: Patio

Garage/Parking

  • Parking Features: Parking Lot

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • HeatingYN: Yes
  • Utilities: Cable Available, Underground Utilities
  • Water Source: Public

Condo/Co-op/Association

  • Association: No

Schools

  • Middle Or Junior School: Mercer

Lot Info

  • Fencing: Decorative, Metal, Privacy
  • Lot Size Area: 4.24
  • Lot Size Sq Ft: 184694.0
  • Parcel Number: 20716 05027
  • ResoLotSizeUnits: Acres
  • Zoning Description: Multi Family

Rental Info

  • Tenant Pays: Cable TV, Electricity, Sewer, Water

Multi Family

  • Number Of Units In Community: 44
  • Number Of Units Total: 2

MLS Schools

  • Elementary School: Bartow
  • HighSchool: Groves

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/09/2025 08/09/25 For Sale $4,250,000 -- $89 / Sq Ft
Source: Savannah Multi-List Corporation

Source: Savannah Multi-List Corporation

MLS Number: SA336086

Savannah Multi-List Corporation