$1,300,000
SOLD APR 14, 2023

505 E Mcdonough St Savannah, GA 31401

Historic Savannah Neighborhood
5 Beds
4 Baths
3,200 Sq Ft
1,307 Sq Ft Lot

Recently Sold

$406 Per Sq Ft

5% Below List Price

25 Days on Market

Highlights

  • Wood Flooring
  • Fenced Yard
  • Central Heating and Cooling System
  • Savannah Arts Academy Rated A+
  • Courtyard
  • 3-minute walk to Greene Square

About This Home

As of April 2023

Fully furnished, turnkey vacation rental in the heart of the Landmark Historic District in Downtown Savannah! This three-unit property is currently generating an average of $135,000+ in annual gross income. Currently have 3 STVR licenses in place - one for each unit. Unique character in the details of this property including hardwood floors, a fireplace in each living room, deep moldings, and large windows. Each unit was renovated in 2016 offering modern conveniences, updated finishes, and newer appliances. Additionally, there are plenty of off-street parking spaces directly in front of the property making it convenient for guests. Don't miss out on this rare opportunity

Last Agent to Sell the Property

Amy Schuman

Schuman Signature Realty LLC License #359988 Listed on: 03/09/2023

Last Buyer's Agent

Rachel Pluff

Keller Williams Coastal Area P License #387778

Keller Williams Coastal Area P

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,614

Year Built

  • Built in 1970 | Remodeled

Lot Details

  • 1,307 Sq Ft Lot
  • 1 Common Wall
  • Fenced Yard

Home Design

  • Triplex
  • Composition Roof
  • Siding

Interior Spaces

  • 3,200 Sq Ft Home
  • 3-Story Property
  • Wood Flooring
  • Laundry in Bathroom

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 4 Full Bathrooms

Outdoor Features

  • Courtyard

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater

Community Details

  • 3 Units
  • Property managed by Savannah Signature V

Listing and Financial Details

  • Home warranty included in the sale of the property
  • Assessor Parcel Number 2001408003

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,614

Year Built

Built in 1970 | Remodeled

Lot Details

0

Listing Details

  • Construction: Siding
  • Current Zoning: RIPA
  • Flood Insurance: Unknown
  • Home Warranty: Negotiable
  • Legal Description: W PT OF E PT OF LOT 36 CRAWFORD WD
  • Legal Subdivision: Crawford Ward
  • List Price Per Sq Ft: 429.69
  • Property Sub Type: Tri-Plex
  • Property Type: Multifamily
  • Year Built: 1970
  • Short Term Vacation Rental Certi: Yes
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Microwave, Range/Oven, Refrigerator
  • Full Bathrooms: 4
  • Total Bathrooms: 4.00
  • Total Bedrooms: 5
  • Common Walls: 1 Commonwalls
  • Floors: Wood
  • Laundry: Bathroom
  • Total Sq Ft: 3200

Exterior Features

  • Exterior House: Courtyard
  • Roof: Composition
  • Structure: Updated

Utilities

  • Cooling Type: Central
  • Heating Type: Central
  • Num Cooling Units: 3
  • Num Heating Units: 3
  • Num Water Heaters: 3
  • Sewer: Public Sewer
  • Water: Public Water
  • Water Heater Type: Electric

Condo/Co-op/Association

  • Property Management: Yes
  • Property Mgt Co Name: Savannah Signature V

Lot Info

  • Exterior Lot: Fenced Yard, Privacy Fence
  • List Price Per Acre: 45833333.33
  • Lot Num: 36
  • Lot Size Sq Ft: 1307
  • Num Acres: 0.0300
  • Parcel Number: 2001408003
  • Property Attached: Yes
  • Property Description: House

Tax Info

  • Annual Tax: 9614

Multi Family

  • Unit Count: 3

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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
07/08/2025 07/08/25 Price Changed $1,400,000 0.0% $438 / Sq Ft
07/08/2025 07/08/25 Price Changed $1,400,000 -9.7% $438 / Sq Ft
04/08/2025 04/08/25 Price Changed $1,550,000 0.0% $484 / Sq Ft
04/08/2025 04/08/25 Price Changed $1,550,000 -11.4% $484 / Sq Ft
03/24/2025 03/24/25 Price Changed $1,750,000 0.0% $547 / Sq Ft
03/24/2025 03/24/25 Price Changed $1,750,000 -7.9% $547 / Sq Ft
03/09/2025 03/09/25 Price Changed $1,900,000 0.0% $594 / Sq Ft
03/09/2025 03/09/25 Price Changed $1,900,000 -13.6% $594 / Sq Ft
02/03/2025 02/03/25 For Sale $2,200,000 0.0% $688 / Sq Ft
02/03/2025 02/03/25 For Sale $2,200,000 +69.2% $688 / Sq Ft
04/14/2023 04/14/23 Sold $1,300,000 -5.5% $406 / Sq Ft
04/03/2023 04/03/23 Pending -- -- --
03/09/2023 03/09/23 For Sale $1,375,000 +18.5% $430 / Sq Ft
03/07/2022 03/07/22 Sold $1,160,000 +16.0% $363 / Sq Ft
02/06/2022 02/06/22 Pending -- -- --
01/26/2022 01/26/22 For Sale $1,000,000 +277.4% $313 / Sq Ft
06/30/2015 06/30/15 Sold $265,000 +2.0% $100 / Sq Ft
06/24/2015 06/24/15 Pending -- -- --
05/21/2015 05/21/15 For Sale $259,900 -- $98 / Sq Ft
Source: Savannah Multi-List Corporation

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Staci Donegan

    Seller's Agent in 2025

    Staci Donegan

    Seabolt Real Estate

    (912) 247-2052

    102 in this area

    221 Total Sales

    Staci Donegan
    Section Image
  • Amy Schuman

    Seller's Agent in 2023

    Amy Schuman

    Schuman Signature Realty LLC

    (912) 410-9119

    10 in this area

    294 Total Sales

    Amy Schuman
    Section Image
  • Rachel Pluff

    Buyer's Agent in 2023

    Rachel Pluff

    Keller Williams Coastal Area P

    (360) 269-9993

    2 in this area

    135 Total Sales

    Rachel Pluff
    Section Image
  • Donald Callahan

    Seller's Agent in 2022

    Donald Callahan

    Keller Williams Coastal Area P

    (912) 441-4416

    33 in this area

    406 Total Sales

    Donald Callahan
    Section Image

  • B

    Seller's Agent in 2015

    Beth Cribbs Larson

    Realty Executives

    Section Image

  • A

    Seller Co-Listing Agent in 2015

    Alvin Sanders

    Make Your Move Realty Inc

    (912) 604-5898

    41 Total Sales

    Alvin Sanders
    Section Image
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Map

Source: Savannah Multi-List Corporation

MLS Number: 285238

Savannah Multi-List Corporation

APN: 2-0014 -08-003

Georgia Chatham County Savannah 31401 Historic Savannah

505 E Mcdonough St, Savannah, GA

This home is located at 505 E Mcdonough St, Savannah, GA 31401 and is currently priced at $1,300,000, approximately $406 per square foot. This property was built in 1970. 505 E Mcdonough St is a home located in Chatham County with nearby schools including Spencer Elementary School, Hubert Middle School, and Savannah Arts Academy.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Savannah Multi-List Corporation IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information is deemed reliable but not guaranteed.

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