720 Waters Ave Savannah, GA 31404
Benjamin Van Clark NeighborhoodEstimated payment $2,330/month
Total Views
440
4
Beds
2
Baths
1,268
Sq Ft
$319
Price per Sq Ft
Highlights
- Hot Property
- No HOA
- Central Air
- Savannah Arts Academy Rated A+
- Front Porch
- Vinyl Flooring
About This Home
Welcome to 720 Waters Ave, a fully leased legal duplex in the heart of Savannah, GA! This turnkey
investment property is a rare find for real estate investors and house hackers searching for multi-family
homes for sale in Savannah, offering 4 bedrooms and 2 bathrooms total across two separate units.
This income-producing rental property is already generating $38,400 in gross annual rental income, with both units occupied and cash flowing from day one of ownership. Step inside to find an updated kitchen with white shaker cabinets, granite countertops, and stainless steel appliances, wide-plank flooring throughout, and a fully renovated bathroom with a marble tile surround. Both units offer in-unit washer and dryer connections for added convenience, a rare perk for a Savannah rental property.
Unit 720A is leased month-to-month at $1,600/month. Unit 720B is secured on a fixed lease through April 2027 at $1,600/month, with immediate cash flow and no vacancy risk to start. Outside, enjoy a classic covered front porch perfect for rocking chairs and Savannah evenings, plus offstreet parking for both units. Whether you're a seasoned investor building a rental portfolio, or a first-time buyer exploring house hacking in Savannah, this fully occupied duplex checks every box. Schedule your private showing today, income-producing multi-family homes like this in Savannah don't last long!
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $1,544
Year Built
- Built in 1914
Parking
- Off-Street Parking
Home Design
- Duplex
Interior Spaces
- 1,268 Sq Ft Home
- 2-Story Property
- Vinyl Flooring
- Crawl Space
- Pull Down Stairs to Attic
- Dishwasher
- Washer Hookup
Bedrooms and Bathrooms
- 4 Bedrooms
- 2 Full Bathrooms
Utilities
- Central Air
- Heating Available
Additional Features
- Front Porch
- 1,960 Sq Ft Lot
- City Lot
Community Details
- No Home Owners Association
- 2 Units
Listing and Financial Details
- Assessor Parcel Number 2003429015
Map
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Home Values in the Area
Average Home Value in this Area
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 | $3,357 | $116,600 | $7,000 | $109,600 |
| 2024 | $15 | $55,920 | $5,000 | $50,920 |
| 2023 | $645 | $52,880 | $2,000 | $50,880 |
| 2022 | $672 | $24,880 | $2,000 | $22,880 |
| 2021 | $1,138 | $21,800 | $2,000 | $19,800 |
| 2020 | $296 | $9,360 | $2,000 | $7,360 |
| 2019 | $572 | $9,360 | $2,000 | $7,360 |
| 2018 | $364 | $9,920 | $2,000 | $7,920 |
| 2017 | $102 | $8,160 | $1,600 | $6,560 |
| 2016 | $163 | $5,600 | $1,200 | $4,400 |
| 2015 | $215 | $5,160 | $1,200 | $3,960 |
| 2014 | $337 | $5,680 | $0 | $0 |
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 | Prior Sale |
|---|---|---|---|---|---|
| 07/15/2026 07/15/26 | For Sale | $405,000 | +32.8% | $319 / Sq Ft | |
| 02/27/2024 02/27/24 | Sold | $305,000 | 0.0% | $241 / Sq Ft | View Prior Sale |
| 02/27/2024 02/27/24 | For Sale | $305,000 | -- | $241 / Sq Ft |
Source: Hive MLS
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 | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $305,000 | -- | |
| Warranty Deed | -- | -- | |
| Warranty Deed | -- | -- | |
| Warranty Deed | $20,000 | -- |
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 | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $228,750 | New Conventional | |
| Previous Owner | $220,500 | Commercial | |
| Previous Owner | $99,000 | Commercial | |
| Previous Owner | $34,000 | New Conventional |
Source: Public Records
About the Listing Agent
From the snowy streets of Syracuse to the moss-draped squares of Savannah, Shannee Theus knows the power of finding where you belong.
In 2008, Shannee traded the New York winters for Georgia’s historic beauty. She spent years exploring the intricate details of downtown Savannah before turning her passion for the city into a thriving real estate career in 2019. Armed with a degree in Communications and a genuine love for the human experience, Shannee treats every client like a neighbor
Shannee's Other Listings
Source: Hive MLS
MLS Number: SA360346
APN: 2-0034 -29-015
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.
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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