Savannah Real Estate Search

Savannah Multi-Family Properties for Sale

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Newest Savannah Multi-Family Homes for Sale

$924,900
6 Beds 8 Baths SA361083 MLS
Investor Special! Turnkey rental business with tenants already in place and immediate cash flow of $6,000–$8,000 per month, offering outstanding passive income from day one. This proven income-producing property is an exceptional opportunity for investors seeking strong returns. Value-add potential: Increase monthly income up to $10,000 by adding a carriage house. Built to maximize both comfort and profitability, this NEW CONSTRUCTION DUPLEX is nestled among Savannah's historic Victorian homes and picturesque tree-lined streets, offering the perfect blend of modern luxury and timeless neighborhood charm. Each spacious unit features 3 bedrooms, 3.5 bathrooms, and nearly 1,750 square feet of thoughtfully designed living space, making it ideal for executive rentals, long-term tenants, multigenerational living, or an owner-occupant who wants to live in one unit while generating income from the other. Inside, bright open-concept living areas feature high ceilings, electric fireplaces, and beautifully appointed kitchens with wood cabinetry, quartz countertops, premium appliances, and oversized islands perfect for entertaining. Every bedroom includes a private en-suite bathroom and walk-in closet, providing comfort, privacy, and flexibility. The upper unit also features elegant tray ceilings and a spacious balcony with additional storage. Outside, a fully fenced courtyard creates a private setting for relaxing or entertaining. Conveniently located just minutes from Downtown Savannah, SCAD, hospitals, parks, restaurants, shopping, and Savannah's renowned historic attractions, this property offers an exceptional combination of location, lifestyle, and long-term investment potential. Whether you're adding a high-performing asset to your portfolio or looking for a home that generates substantial income, this exceptional duplex delivers immediate cash flow with room for future growth.

1228 E Anderson St Unit A & B, Savannah

$1,200,000
9 Beds 6 Baths SA361028 MLS
Introducing Fig Common—a thoughtfully designed four-home cottage community offering investors a rare opportunity to own an income-producing residential compound in one of Savannah's most desirable in-town neighborhoods. The property consists of four detached residences thoughtfully arranged around shared green space, creating a distinctive cottage court environment that blends privacy, character, and community. Two of the homes are new construction (2026) and the other two homes have been extensively renovated and are designed to appeal to today's renter or future homeowner seeking a low-maintenance urban lifestyle. Purchase to operate as a boutique long-term rental community, live & lease, or take advantage of the in process condominium regime to sell homes individually over time. Few properties offer this level of flexibility. Located just minutes from downtown Savannah, hospitals, SCAD, Truman Parkway, and neighborhood restaurants, Fig Common combines timeless architecture with modern efficiency in a walkable residential setting. Highlights include: * Four detached cottages - 2 new & 2 renovated all on one site * Shared manicured green space and private outdoor living * Excellent owner-occupant or investment potential * Convenient Midtown Savannah location A condominium regime is currently in process and is anticipated to be completed by October, creating the potential for future individual home sales (subject to final recording and applicable approvals). Until then, the property is offered as one exceptional investment opportunity. Whether you're looking to expand your investment portfolio, complete a 1031 exchange, or own a signature residential community with multiple exit strategies, Fig Common represents an exceptional opportunity rarely available in Savannah.

1315 Seiler Ave, Savannah

$749,000
6 Beds 3 Baths SA360698 MLS
Just reduced $100,000! Seller welcomes all offers. Located in the heart of Savannah's highly sought-after Thomas Square/Starland District, this impeccably maintained corner-lot triplex presents a rare opportunity to own a versatile investment property in one of the city's most desirable neighborhoods. Two of the three units are currently leased, providing established rental income with additional upside through the third unit. Zoned TN-2, the property offers exceptional flexibility for owner-occupied short-term vacation rental (STVR), long-term rental, or a variety of commercial uses. Just steps from Forsyth Park, SCAD, Foxy Loxy Café, and the vibrant Starland dining and shopping district, the location offers outstanding walkability and lasting appeal for both tenants and future owners. Each unit features soaring ceilings, hardwood floors, abundant natural light, and timeless Savannah charm. Outdoor spaces include a welcoming front porch, private balcony, and a charming courtyard perfect for relaxing or entertaining. Thoughtfully maintained with newer HVAC systems, roof, and porch improvements, this property offers peace of mind with major updates already completed. Whether you're looking to expand your investment portfolio, offset ownership costs with rental income, or capitalize on the flexibility of TN-2 zoning, this is an exceptional opportunity in one of Savannah's most sought-after investment corridors.

1902 Barnard St, Savannah

$499,900
4 Beds 2 Baths SA359809 MLS
Turnkey Investment Opportunity – Fully Furnished Duplex with STVR Certificate! Don’t miss this exceptional income-producing duplex offering 2 bedrooms and 1 bathroom on each side, making it an ideal addition to your investment portfolio or a perfect opportunity for owner-occupancy with rental income. This well-maintained property comes fully furnished, allowing for a seamless transition for short-term or long-term rental use. Each unit features its own private, fenced backyard complete with a brand-new above-ground pool installed in 2026, creating a relaxing retreat for guests or tenants. The property also offers two dedicated parking spaces per unit, ensuring convenient off-street parking for all occupants. Recent updates include a new roof installed in 2023 and spray foam insulation in the attic, providing improved energy efficiency and added comfort year-round. Plus, no flood insurance is required, offering significant savings and peace of mind. With an STVR certificate available, this property is ready to capitalize on the growing demand for vacation rentals. Whether you're looking to expand your investment portfolio, generate strong rental income, or live in one unit while renting the other, this duplex checks all the boxes. Property Highlights:Duplex with 2BR/1BA on each side, Fully furnished, Investment property with excellent income potential, STVR certificate available, New roof (2023), Brand-new above-ground pools for each unit (2026), Privacy-fenced backyards, Spray foam insulation in attic, No flood insurance required, Two parking spaces per unit. A rare opportunity to own a fully furnished, turnkey duplex with short-term or long term rental potential and outstanding amenities—schedule your showing today! SOLD AS IS!

7216 Johnny Mercer Blvd, Savannah

$459,000
4 Beds 2 Baths SA359587 MLS
PRIME INVESTMENT OPPORTUNITY IN MIDTOWN SAVANNAH!** Whether you are looking to expand your real estate portfolio or secure a smart owner-occupant property that pays for itself, this beautifully maintained duplex is a turn-key revenue generator. Situated in the highly desirable Midtown area, this multi-family gem is just minutes from Savannah’s major hospitals, premier shopping centers, and the historic charm of Downtown Savannah—ensuring a consistently high tenant demand and maximum occupancy. The property features two fully independent, light-filled units, each boasting a spacious **2-bedroom, 1-bathroom layout**. Both flats exude classic coastal charm with gorgeous, gleaming original hardwood flooring flowing through the expansive living rooms and into the bedrooms. Tenants and owners alike will fall in love with the beautifully upgraded kitchens, fully equipped with high-end granite countertops, crisp white cabinetry, stainless steel appliances, and trendy open shelving accents. The exterior features complement the interior perfectly, offering a massive outdoor patio area that serves as an exceptional space for entertaining, grilling, or relaxing under the Savannah sky. Added conveniences include coveted off-street parking, a premium commodity for Midtown. Live in one unit while generating rental income from the other, or lease out both units for immediate, robust cash flow from day one! Multi-family properties in this location with upgrades of this caliber are a rare find. Schedule your private investment tour today before this cash-flowing asset is gone!

1223 & 1225 E 70th St, Savannah

$2,000,000
25 Beds 25 Baths SA358919 MLS
Rare opportunity to acquire a 25-unit extended-stay motel/apartment complex with significant income potential on highly visible Ogeechee Rd/Hwy US-17. Situated on approximately 2.43 acres with commercial road frontage, this well established, family owned property consists of 25 fully furnished one-bedroom, one-bathroom units. Each unit features a private entrance, private bath and a fully equipped kitchen with full sized refrigerator. All furnishings convey with the sale. Potential gross income exceeds $373,000 annually based on weekly rental rate model at full occupancy, or approximately $357,000 annually as monthly rentals. Currently there is a mixture of weekly, biweekly, and monthly tenants, many whom are well established, long term residents. A minimum six month stay is required. Operational advantages include private wells resulting in no water bills, no city taxes, and no flood insurance requirement. A current motel business license is in place. Conveniently located near Berwick Community, Chatham Parkway, major employers, shopping, dining, and easy interstate access/transportation routes. This income producing property offers both immediate cash flow and long term appreciation potential. Positioned in a rapidly growing area, the property is surrounded by ongoing, residential, commercial, and infrastructure development, creating future opportunities for increased demand, rental growth, and overall property appreciation.. Some furnishings in photographs may have been replaced and are subject to change.

5013 A Ogeechee Rd, Savannah

$2,300,000
7 Beds 6 Baths SA356970 MLS
“It’s impossible not to be awed by this historic mansion, the huge two-story columns and immaculate topiary... experience something very special!” — Condé Nast Traveler. Steeped in history and architectural grandeur, this c. 1895 Greek Revival estate stands as a beacon of the Thomas Square Streetcar Historic District, recently named the "Best Neighborhood in the South" by Southern Living Magazine. Originally built for the prominent Lester family and later immortalized in John Jakes' novel Savannah, this remarkable property offers a rare blend of historic significance, timeless elegance, and modern versatility. Currently operating as a successful inn, the estate is zoned TC-1 and benefits from a non-owner occupied STVR permit, offering exceptional flexibility as a luxury residence, income-producing property, or both. The property offers more than 5,000 square feet of living spaces with 7 bedrooms, 6 bathrooms, 5 kitchens, and a dehumidified basement for storage and laundry. The owner's suite serves as a private second-floor retreat featuring an open-concept kitchen, office, dedicated laundry room, and a cozy fireplace. Designed for entertaining on a grand scale, this suite opens to an extraordinary 1,020-square-foot private porch and pergola—one of the property's most unforgettable features. Mature trees, winding brick pathways, and thoughtfully designed gardens create a private oasis that is both low-maintenance and drought tolerant. Rare offstreet parking for 4 vehicles, a convenience seldom found in Historic Savannah. Just moments from Forsyth Park, the Historic District, award winning locally owned restaurants, boutiques, galleries, and cultural attractions; the very best of Savannah is at your doorstep. Whether preserved as a thriving hospitality business or transformed into an extraordinary private residence, this exceptional estate offers a rare opportunity to own one of Savannah's most distinctive and storied properties.

107 E 35th St, Savannah

$574,900
4 Beds 3 Baths SA357709 MLS
Tucked away on a generous lot in Savannah's beloved Gordonston neighborhood, this beautifully updated mid-century modern property offers a rare combination of privacy, flexibility, and move-in-ready condition. Set back from the road and surrounded by mature landscaping, the home feels like a private retreat while remaining just minutes from Downtown Savannah, hospitals, shopping, dining, and Tybee Island. Thoughtfully renovated while preserving its architectural character, the home showcases beautiful hardwood floors, expansive windows, and abundant natural light throughout. At the heart of the home, a unique fully functioning double-sided fireplace connects the living room and kitchen, creating warmth, character, and the perfect setting for entertaining or everyday living. The main residence features 3 bedrooms and 2 full baths with spacious, light-filled living areas that blend timeless design with modern comfort. Attached to the home, yet completely private, is a suite with its own entrance, full kitchen, bedroom/living space, and full bath. Whether utilized for guests, a home office, or potential rental income, the suite provides exceptional flexibility while maintaining privacy from the main residence. Outside, the fully fenced backyard is designed for entertaining, complete with a patio, fire pit, and ample space for entertaining, gardening, pets, or play. Rarely does a property offer this combination of mid-century charm, modern updates, privacy, and versatility in one of Savannah's most sought-after neighborhoods. Whether you're looking for a primary residence, an income-producing opportunity, or the perfect blend of both, 200 Kinzie Avenue is a truly unique offering.

200 Kinzie Ave, Savannah

$935,000
6 Beds 4 Baths SA352315 MLS
Rare opportunity to acquire a fully occupied multifamily property in one of Savannah's fastest-growing areas just outside of the Historic Street Car District. This income-producing property features two 2BD/1BA units and two 1BD/1BA units with long-term tenants already in place, providing immediate cash flow from day one and current rental rates provide room for revenue enhancement while maintaining strong demand in this rapidly growing area. Located on Savannah's West Side, this property sits in the heart of an area experiencing significant growth and revitalization. Investors will appreciate the proximity to some of the city's most popular destinations, including Starland Yard, Ardsley Station, Victory North, and Two Tides Brewing Co. The property is also in close proximity to Savannah College of Art and Design facilities, including Montgomery House Residence Hall and Montgomery Hall, SCAD's hub for digital arts, gaming, and animation. Directly across the street, Byte Cafe - further enhancing the area's appeal and long-term rental demand. Adding to the property's appeal, the property is zoned C-3, offering additional flexibility and potential for future redevelopment opportunities. Investors may also have the opportunity to assume the existing VA loan with an attractive 4.25% interest rate, subject to lender approval and qualification. Conveniently positioned on Montgomery Street, Midtown Savannah is just five minutes away, while Victory Drive provides quick access to Daffin Park in under ten minutes. One of Savannah's premier recreational destinations, Daffin Park offers a public pool, tennis courts, basketball courts, playgrounds, a dog park, walking trails, and Grayson Stadium, home of the world-famous Savannah Bananas. *Offering 1% ($9,350) Lender Credit Closing Costs with Use of Preferred Lender* Assumable VA Loan with 4.25% Interest Rate Available & C-3 Zoning Offers Future Development Potential

138 W 51st St, Savannah

$487,000
4 Beds 3 Baths SA354794 MLS
Back on Market Not Due to Property! Investment Opportunity with Main Home & Carriage House! Totally restored Colonial Revival Home featuring a prominent Front Portico and refined Georgian-Style Details. Built in 1935, both Dwellings have been meticulously restored with natural materials like wood, stone and brick while maintaining its true Southern Charm and Late-Period Style from the 1930’s. Gleaming original Pine and Hardwood Floors, 9’ Ceilings, Rounded Corners, original Glass Door Knobs, horizontal Window Bands, original plasterwork & Picture Rails. Each Room feels like a Private Sanctuary. An expansive .74 Acre Lowcountry Landscape with a Circular Driveway, Spanish Moss-Draped Oak Trees and many producing Georgia Pecan Trees ground the Home. The Main Home features 1,410sf, has been thoughtfully restored with updated systems and finishes including a completely renovated Kitchen with Leathered Marble Countertops, Farmhouse Sink, great Counterspace and luxurious Cabinetry, 3 Beautiful Bedrooms, 2 Stylish Full Baths with a beautiful Walk-In Shower and dedicated Laundry Area. The turn-key Carriage House ADU has been restored and is a quaint dwelling offering quiet retreat with vintage character, currently an income-producing Property with an active STVR Permit. Ideal for investors or owners looking to offset their mortgage. 520sf, 1 Bedroom, 1 Bath, a private entrance and its own Laundry Room, just minutes from major employers. Whether used as a STVR, long or mid-term lease, or private guest suite, this unit is already positioned to generate consistent revenue. 10 Minutes to Historic Downtown Savannah, 10 Minutes to the famous Houlihan Boat Ramp with direct access to the amazing Savannah River and a quick Boat Ride to Savannah’s River Street, or a short drive to the Wildlife Refuge just over the SC State Line. Additional Features: RV ready, plus pre-wiring for an EV Charging Station. This Property combines Lifestyle, Location & Income in one compelling Opportunity.

90 Varnedoe Ave, Savannah

$1,025,000
4 Beds 4 Baths SA354428 MLS
A Strategic Power Play! Experience the perfect marriage of Southern charm and high-yield investment. This stunning brick duplex offers a rare opportunity to own a piece of Savannah’s most admired areas. Each unit is a sanctuary of light, featuring soaring ceilings, hardwood floors, and pristine finishes that honor the home's 19th-century roots while embracing 2026's modern luxury and enjoying what the Hostess City has to offer. Each unit has 2 bedrooms, 1 1/2 bathrooms, a sunroom/office, large living and dining rooms, and spacious kitchens with laundry. This property is more than a home; it is a gateway to Savannah’s thriving creative economy. The Downtown Edge: You are perfectly walkable to the Savannah College of Art and Design, placing you at the center of a global community of over 17,000 students and faculty, as well as a Thriving business and tourist district. This proximity ensures a constant, high-quality demand for premium housing. Dual-Income Potential: Whether you choose an owner-occupied "house hack" where your tenant pays your mortgage, or curate a sophisticated dual-rental portfolio, this is a turnkey asset. This area allows for owner-occupied STVR. Built-in Scarcity: In a city where historic land is finite, a well-maintained brick duplex with a secure garage and private back porches is a "forever location" that stands the test of time. Thoughtful upgrades from the current owners ensure this property is not just ready for its next chapter—it’s ready to lead it.

309 E 34th St, Savannah

$949,000
4 Beds 5 Baths SA353400 MLS
Charming duplex located in Savannah’s Landmark Historic District. Welcome to 341 East Broad Street, a historic two-unit income property located on the corner of East Charlton and East Broad Street, just steps away from picturesque Jones Street. The smaller unit is an open concept studio with 1 bedroom /1 bathroom. It's located on the ground level (no stairs) with an abundance of natural light, a built-in murphy bed, and kitchenette. This unit offers flexibility. It has been used as short and long term rental, corporate rental and office space. The second unit is a spacious 3-bedroom, 4-bathroom layout, perfect for SCAD students or tenants with roommates. Each of the three bedrooms has its own en suite bathroom for added privacy. The primary bedroom is spacious, featuring double fireplace mantles. The kitchen has been renovated with granite countertops and custom cabinetry. Each unit has a separate entrance and separate access to the outdoor space. This building is full of original character boasting hardwood floors, the original fireplace mantles and high ceilings. Rental rates for the larger 3 Bdr unit range from $3,500 - $4,500/month furnished and the smaller 1 Bdr unit rents for $1,950- $2,000/month long term. Both units have owner-occupied STVR certificates allowing you to Air BnB, if this is your primary residence. Street parking only. Live in one unit and rent the other, or rent both as a turnkey investment property. Come tour this unique income property!

341 E Broad St, Savannah

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