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16 W Oglethorpe AVE Savannah, GA 31401
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Key Details
Sold Price $1,200,000
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Sold
Purchase Type For Sale
Square Footage 3,560 sqft
Price per Sqft $337
Subdivision Historic Landmark District
MLS Listing ID SA331118
Sold Date 07/15/25
Style Traditional
Bedrooms 5
Full Baths 4
HOA Y/N No
Year Built 1872
Annual Tax Amount $12,676
Tax Year 2024
Contingent Due Diligence
Lot Size 1,799 Sqft
Acres 0.0413
Property Sub-Type Quadruplex
Property Description
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!
Location
State GA
County Chatham
Community Shopping, Street Lights, Sidewalks
Zoning DCBD-R3
Rooms
Basement Crawl Space
Interior
Interior Features Other, Fireplace
Heating Central, Electric
Cooling Central Air, Electric
Flooring Ceramic Tile, Hardwood
Fireplaces Type Decorative
Fireplace Yes
Appliance Some Electric Appliances, Dryer, Dishwasher, Electric Water Heater, Microwave, Oven, Range, Refrigerator, Washer
Laundry Washer Hookup, Dryer Hookup
Exterior
Exterior Feature Covered Patio, Courtyard, Deck
Parking Features On Street
Community Features Shopping, Street Lights, Sidewalks
Utilities Available Cable Available
Water Access Desc Public
Roof Type Asphalt
Porch Covered, Deck, Front Porch, Patio
Building
Lot Description Alley, City Lot, Interior Lot, Public Road
Story 3
Foundation Brick/Mortar
Sewer Public Sewer
Water Public
Architectural Style Traditional
New Construction No
Others
Tax ID 2001509009
Ownership Investor
Acceptable Financing ARM, Cash, Conventional, 1031 Exchange
Listing Terms ARM, Cash, Conventional, 1031 Exchange
Financing Conventional
Special Listing Condition Standard
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Bought with BHHS Bay Street Realty Group