NOT LISTED FOR SALE

Estimated Value: $1,134,000 - $1,488,230

5 Beds
4 Baths
3,560 Sq Ft
$357/Sq Ft Est. Value

Sale Details

Date Sold: July 15, 2025

Last sale price $1,200,000 $337 Per Sq Ft

Est. 6% increase in value since last sale

Current estimated payment $8,175 / mo

31 Days on Market

Highlights

  • Deck
  • No HOA
  • Fireplace
  • Wood Flooring
  • Covered Patio or Porch
  • 1-minute walk to Juliette Gordon Low Birthplace

About This Home

As of July 2025

Rare investment opportunity in the heart of Savannah’s Landmark Historic District! Built circa 1872 and updated in 2007, 16 W. Oglethorpe Ave is a fully leased quadplex with four income-producing units and tenants already in place. This classic downtown property offers historic charm and immediate cash flow. Ideally located just steps from SCAD, Broughton Street, and top dining, including Husk, The Grey, and The Collins Quarter. Walkable to Forsyth Park, River Street, and the city’s iconic squares, this location offers strong tenant appeal and long-term rental stability. Zoned for long-term use, this turn-key property is a rare opportunity for investors seeking a solid downtown portfolio asset in one of Savannah’s most desirable areas. With excellent rent potential and minimal overhead, this historic quad offers both current income and future upside in a high-demand location. Don’t miss out on this prime downtown portfolio asset and exceptional investment!

Last Agent to Sell the Property

Jennifer Johnson

Compass Georgia License #376649 Listed on: 05/15/2025

Last Buyer's Agent

Kim Lyle

The Commercial Group License #411202

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $12,676

Year Built

  • Built in 1872

Lot Details

  • 1,799 Sq Ft Lot
  • Interior Lot

Parking

  • On-Street Parking

Home Design

  • Quadruplex
  • Brick Exterior Construction
  • Brick Foundation

Interior Spaces

  • 3,560 Sq Ft Home
  • 3-Story Property
  • Fireplace
  • Crawl Space

Kitchen

  • Range
  • Dishwasher

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 4 Full Bathrooms

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Deck
  • Covered Patio or Porch

Location

  • City Lot

Utilities

  • Central Air
  • Heating Available
  • Cable TV Available

Community Details

  • No Home Owners Association
  • 4 Units
  • Market South Mngmt Association, Phone Number (912) 238-0875
  • Historic Landmark District Subdivision

Listing and Financial Details

  • Assessor Parcel Number 2001509009

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$12,676

Year Built

Built in 1872

Lot Details

1,799 Sq Ft Lot

Listing Details

  • Property Type: Residential Income
  • Year Built: 1872
  • Property Sub Type: Quadruplex
  • Appliances: Some Electric Appliances, Dryer, Dishwasher, Electric Water Heater, Microwave, Oven, Range, Refrigerator, Washer
  • Inclusions: Alarm-Smoke/Fire
  • Original List Price: 1390000.00
  • Architectural Style: Traditional
  • Living Area: 3560.00
  • Is New Construction?: No
  • Property Attached Yn: Yes
  • Property Sub Type Additional: Quadruplex
  • Special Features: VirtualTour

Interior Features

  • Basement: Crawl Space
  • Flooring: Ceramic Tile, Hardwood
  • Interior Amenities: Other, Fireplace
  • Laundry Features: Washer Hookup, Dryer Hookup
  • Full Bathrooms: 4
  • Total Bedrooms: 5
  • Fireplace Features: Decorative
  • Has Fireplace?: Yes
  • Stories: 3
  • Attic Features: Other

Exterior Features

  • Exterior Features: Courtyard, Deck
  • Roof: Asphalt
  • Road Frontage Type: Public Road
  • Road Surface Type: Asphalt
  • Waterfront?: No
  • Foundation Details: Brick/Mortar
  • Patio And Porch Features: Covered, Patio, Deck, Front Porch

Garage/Parking

  • Has Attached Garage?: No
  • Parking Features: On Street

Utilities

  • Utilities: Cable Available
  • Water Source: Public
  • Cooling: Central Air, Electric
  • Has Cooling?: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Sewer Provider: Public Sewer

Condo/Co-op/Association

  • Community Features: Shopping, Street Lights, Sidewalks
  • Alternate Association Name: Market South Mngmt
  • Alternate Association Phone#: 912-238-0875
  • Has H O A?: No
  • Common Walls: 2+ Common Walls

Lot Info

  • Zoning: DCBD-R3
  • Lot Features: Alley, City Lot, Interior Lot
  • Lot Size Acres: 0.0413
  • Lot Size Sq Ft: 1799.00
  • Parcel#: 2001509009
  • Permitted Use: Public

Tax Info

  • Tax Year: 2024
  • Tax Lot: 9
  • Tax Amount: 12676

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
May 15, 2025
Closed on
Jul 31, 2025
Sold by
Bought by
Seller's Agent
Jennifer Johnson
Compass Georgia
Buyer's Agent
Kim Lyle
The Commercial Group
List Price
$1,390,000
Sold Price
$1,200,000
Premium/Discount to List
-$190,000
-13.67%
Current Estimated Value
$1,270,308

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$70,308
Avg. Annual Appreciation
5.63%
Original Mortgage
$960,000
Outstanding Balance
$950,755
Interest Rate
6.81%
Mortgage Type
New Conventional
Estimated Equity
$319,553

Purchase Details

Listed on
May 15, 2025
Closed on
Jul 15, 2025
Sold by
Bought by
Seller's Agent
Jennifer Johnson
Compass Georgia
Buyer's Agent
Kim Lyle
The Commercial Group
List Price
$1,390,000
Sold Price
$1,200,000
Premium/Discount to List
-$190,000
-13.67%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$960,000
Outstanding Balance
$950,755
Interest Rate
6.81%
Mortgage Type
New Conventional
Estimated Equity
$319,553
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
-- --
$1,200,000 --
$1,200,000 --
$1,200,000 --
$1,200,000 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $960,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
07/15/2025 07/15/25 Sold $1,200,000 -13.7% $337 / Sq Ft
06/15/2025 06/15/25 Pending -- -- --
05/15/2025 05/15/25 For Sale $1,390,000 -- $390 / Sq Ft
Source: Hive MLS

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $14,390 $499,840 $84,000 $415,840
2024 $12,676 $442,120 $84,000 $358,120
2023 $5,437 $445,680 $64,000 $381,680
2022 $10,121 $388,080 $43,200 $344,880
2021 $13,602 $328,320 $43,200 $285,120
2020 $11,523 $364,920 $43,200 $321,720
2019 $16,213 $364,920 $43,200 $321,720
2018 $11,562 $366,200 $43,200 $323,000
2017 $9,537 $325,240 $43,200 $282,040
2016 $8,282 $283,880 $43,200 $240,680
2015 $12,047 $288,880 $43,200 $245,680
2014 $15,533 $288,120 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Hive MLS

MLS Number: SA331118

Hive MLS

APN: 2001509009

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