Multi Family Real Estate

 

Multifamily Properties for Sale in Savannah GA

Overview: Invest in Savannah's Growing Multifamily Market

Savannah, GA continues to attract savvy investors and real estate enthusiasts looking for strong rental markets, long-term growth potential, and a steady demand for housing. At Bare Real Estate, we specialize in connecting buyers with lucrative multifamily properties for sale in Savannah GA—from charming duplexes in historic neighborhoods to modern apartment buildings near the city core.

Whether you're a first-time investor or looking to expand your portfolio, multifamily real estate offers consistent cash flow and a path to long-term wealth. With tourism, military presence, and a growing student population, Savannah is an ideal environment for multifamily investments.

Multifamily Living: A Snapshot of the Savannah Lifestyle

Multifamily properties are not just about investment—they're a gateway to the Savannah lifestyle. Residents of multifamily housing enjoy walkable access to parks, restaurants, and local events. Investors benefit from strong occupancy rates in areas such as Ardsley Park, Baldwin Park, Midtown, and near the Savannah College of Art and Design (SCAD).

Neighborhoods like the Starland District and Victorian District are especially popular among young professionals and students, making them prime locations for duplexes and triplexes. These communities combine Southern charm with urban energy—ideal for attracting and retaining tenants.

Multifamily buildings in suburban areas like Georgetown and Pooler appeal to families and long-term renters seeking more space and modern amenities. No matter your preferred tenant profile, there's a fit for your investment strategy in Savannah.

Savannah GA Multifamily Market Trends & Insights

The market for multifamily for sale in Savannah GA is on the rise. According to recent reports, rental demand remains high across Chatham County, with vacancy rates below the national average. Median rent prices have increased year-over-year, bolstering ROI for multifamily property owners.

In the downtown core, converted historic buildings offer unique charm and premium rents, while newer developments in West Chatham provide modern amenities and room to grow. Investors can choose between turnkey buildings ready for immediate occupancy or value-add properties ripe for renovation.

Financing options are favorable, with both traditional and commercial lending institutions offering competitive rates for qualified investors. Cap rates on Savannah multifamily properties typically range from 6% to 8%, with higher returns possible through short-term rentals or student housing.

Curious about the current inventory? Visit our featured properties page to browse the latest multifamily listings and opportunities.

Benefits of Investing in Savannah Multifamily Real Estate

  • Strong Rental Demand: Driven by tourism, SCAD, the Port of Savannah, and military installations.
  • Historic Preservation Tax Incentives: Many buildings in downtown Savannah qualify for state and federal rehab credits.
  • Flexible Tenant Profiles: Cater to students, professionals, retirees, and tourists.
  • Steady Market Growth: Savannah's population and job market continue to grow, sustaining long-term value.
  • Property Diversity: From duplexes to apartment complexes, there’s a wide range of investment options available.

Work With a Local Savannah Real Estate Expert

The Savannah multifamily market is nuanced, and having a knowledgeable partner makes all the difference. At Bare Real Estate, we understand the local zoning laws, tax codes, and neighborhood dynamics that affect property values and rental performance.

Our experienced Tybee Island and Savannah real estate agents provide detailed property analysis, neighborhood comparisons, and ROI projections to help you make confident, data-driven decisions. We’ll guide you through acquisition, renovation planning, tenant profiling, and more.

Need property management after your purchase? Our network includes reliable vendors and partners who can help maximize your investment from day one.

Start Your Multifamily Investment Journey Today

Ready to explore the best multifamily properties for sale in Savannah GA? Whether you're interested in income-producing triplexes in historic districts or modern 4-unit properties near Pooler, our team at Bare Real Estate is here to help you succeed.

Contact us today to schedule a consultation or view available multifamily listings. Your next investment opportunity is just a click away.

For more property types, check out our other pages:

Multi Family Property For Sale in Savannah GA

$418,000
4 Beds ⋅ 2 Baths ⋅ SA361384 MLS
Well-maintained, income-producing duplex with a dedicated concrete parking lot in the rear. Each unit features 2 bedrooms, 1 bathroom, a spacious living and dining area, kitchen, laundry area, stainless steel appliances (including the refrigerator), and a private front porch. The downstairs unit offers front and side entrances, while the upstairs unit has front and rear entrances. Each unit includes two concrete rear parking spaces and separate electric meters. Conveniently located just minutes from Downtown Savannah and the Savannah College of Art and Design (SCAD), with a city bus stop and neighborhood park across the street. Perfect for investors or owner-occupants looking to live in one unit while generating rental income from the other. Seller would prefer to sell the adjacent lot together with the duplex, offering additional investment or development potential

1514 Augusta Ave, Savannah
$499,900
4 Beds ⋅ 4 Baths ⋅ SA361412 MLS
Experience the versatility of new construction living in Camellia Trail with this beautifully designed property featuring a detached 1-bedroom ADU offering endless possibilities. The main home welcomes you with an open-concept layout designed for everyday comfort and entertaining, complete with granite countertops, stainless steel appliances, a large kitchen island, and durable luxury vinyl plank flooring throughout the main living spaces. The covered front porch with classic Lowcountry detailing including exposed rafters and tongue-and-groove ceiling adds inviting curb appeal and a relaxed coastal feel. The main-level primary suite features a spacious walk-in closet and tiled walk-in shower, while two additional upstairs bedrooms provide room for guests, family, or flexible use. Adding exceptional value, the detached 443 SF ADU includes its own private entrance, full kitchen, living area, bedroom, full bath, walk-in closet, and laundry space. Whether used as an income-producing rental, guest suite, home office, or multigenerational living arrangement, the ADU creates a unique opportunity rarely found in new construction. Enjoy the benefits of modern living paired with long-term flexibility and investment potential in this standout Savannah property.

309 Eugene St, Savannah
$499,900
4 Beds ⋅ 4 Baths ⋅ SA361411 MLS
Discover the perfect blend of modern construction and built-in income opportunity in Camellia Trail with this thoughtfully designed home featuring a detached 1-bedroom ADU. The main residence showcases an open and functional floor plan with luxury vinyl plank flooring throughout the main living areas, a spacious kitchen with granite countertops, stainless steel appliances, and a large center island ideal for entertaining. Charming coastal details including a covered front porch, exposed rafters, and tongue-and-groove ceiling add timeless Lowcountry character. The primary suite is conveniently located on the main level and offers a walk-in closet along with a tiled walk-in shower, while two additional upstairs bedrooms and a shared bath provide flexible living space. Separately positioned for added privacy, the 443 SF ADU offers incredible versatility with a full kitchen, living area, bedroom, walk-in closet, full bath, and in-unit laundry. Ideal for generating rental income, hosting extended guests, accommodating multigenerational living, or creating a private workspace. A rare opportunity to own new construction with true supplemental living space in one of Savannah’s growing communities.

206 Bruce St, Savannah
$499,900
4 Beds ⋅ 4 Baths ⋅ SA361410 MLS
Discover exceptional flexibility and income potential in Camellia Trail with this newly constructed property featuring a detached 1-bedroom ADU; a rare opportunity in today’s market. The main residence offers a bright open-concept design with a spacious kitchen complete with granite countertops, stainless steel appliances, oversized island, and luxury vinyl plank flooring throughout the primary living spaces. Lowcountry-inspired details including exposed rafters, tongue-and-groove porch ceiling, and a welcoming covered front porch create the perfect setting to relax and enjoy coastal living. The main-level owner’s suite features a walk-in closet and beautifully tiled walk-in shower, while two additional upstairs bedrooms provide comfortable accommodations for family or guests. A major highlight of this property is the private 443 SF detached ADU complete with its own kitchen, living space, bedroom, full bath, walk-in closet, and laundry area. Perfect for rental income, multigenerational living, private guest accommodations, or a home office setup. Whether you’re looking to offset your mortgage or maximize long-term value, this unique Savannah property delivers both lifestyle and investment appeal in one smart package.

204 Bruce St, Savannah
$499,000
4 Beds ⋅ 4 Baths ⋅ SA361409 MLS
Discover meaningful value in Camellia Trail at this newly constructed main residence paired with a detached 1-bedroom ADU designed for rental income, guests, or multigenerational living. The main home offers a thoughtfully designed open-concept layout featuring a spacious kitchen with island, granite countertops, stainless steel appliances, and durable luxury vinyl plank flooring throughout the main living areas. The covered front porch with exposed rafters and tongue-and-groove ceiling creates classic Lowcountry charm, perfect for relaxing and enjoying the coastal breeze. The main-level primary suite includes a walk-in closet and tiled walk-in shower, while two additional bedrooms and a shared bath upstairs provide comfortable space for family or guests. The private 443 SF ADU features its own kitchen, living area, bedroom, full bath, walk-in closet, and in-unit laundry; ideal for long-term rental income, extended family, or a flexible workspace. Live in one space while generating income from the other. A standout value in today’s market offering both lifestyle and income potential in one unique Savannah property!

312 Dennis St, Savannah
$325,000
3 Beds ⋅ 3 Baths ⋅ 100592031 MLS
Located in the heart of North Augusta, this charming 1947 triplex presents an exceptional investment opportunity just steps from all that downtown has to offer. Within walking distance of restaurants, shops, parks, the Greeneway, SRP Park, and the Savannah River, this property combines historic character with an unbeatable location. The property features three beautifully appointed one-bedroom, one-bathroom units, each currently operating as a successful short-term rental with a consistent rental history, offering immediate income potential for the next owner. Each unit showcases timeless hardwood floors, granite countertops, gas stoves, and oversized spa-inspired bathrooms complete with soaking tubs and separate walk-in showers, creating an elevated guest experience that encourages repeat bookings. The side and rear units offer even more appeal with soaring vaulted ceilings and large, private fenced yards--ideal for outdoor entertaining, relaxing, or accommodating guests traveling with pets. In addition to the three residences, the property also features a massive detached garage/workshop with a concrete floor, providing abundant storage, workspace, or the potential for additional income-generating uses. Major capital improvements have already been completed, providing peace of mind for years to come. Electrical has been updated to 2026 code, the HVAC system was replaced in 2026, the privacy fence was replaced in 2026, and the roof was replaced in 2019. A newer high-capacity gas dryer and high-capacity washer, installed in 2026, are also included. Whether you're looking to expand your investment portfolio, continue operating a thriving short-term rental business, or live in one unit while generating income from the other two, this property offers outstanding flexibility. With its proven income history, extensive recent updates, premium finishes, and prime walkable location in one of North Augusta's most desirable neighborhoods, this is a rare opportunity for investors and owner-occupants alike. Continue the successful short-term rental operation, explore long-term rental potential, or make one unit your own while letting the property help pay for itself.

211 Bluff Ave, North Augusta
$825,000
2 Beds ⋅ 2 Baths ⋅ CL361389 MLS
Great Investment Opportunity: 180 Chalfont consists of 6, 1000+ square feet units. Each unit has had some remodeling. 2 Units have been completely remodeled. All the units are currently occupied with active leases. Convenient to shopping, Georgia Square Mall, and Atlanta Highway.

180 Chalfont Ln Unit 1-6, Athens
$335,000
4 Beds ⋅ 2 Baths ⋅ 100591864 MLS
Excellent investment opportunity in the charming town of Burgaw! This well-maintained duplex offers immediate income potential with one unit currently tenant-occupied and the second unit becoming vacant on July 31, providing flexibility for the next owner. Whether you're an investor looking to lease both units or a buyer interested in owner-occupying one side while generating rental income from the other, this property offers a variety of possibilities. Conveniently located just minutes from shopping, dining, and everyday amenities, this duplex combines small-town living with easy access to local conveniences. The property is currently professionally managed, giving the new owner the option to continue with the existing management company or self-manage if preferred. With strong income potential and plenty of opportunity to make it your own, this is a property you won't want to miss!

207 W Bridgers St, Burgaw
$1,999,999
6 Beds ⋅ 2 Baths ⋅ 100591800 MLS
9 West Fayetteville Street, Wrightsville Beach, NC This property offers two distinct values: a fully functional beach cottage in place today, and a 5,000 square foot lot with the potential for substantial new construction. The existing home, known as the Blue Zone house, is a grandfathered-in duplex with two separate units, each offering three bedrooms and one bathroom, for a combined sleeping capacity of 12. The property sits three houses from the public sound access and one block from the beach access, within easy walking distance of Johnnie Mercer's Pier and downtown Wrightsville Beach. Features include a reverse osmosis water filtration system on the lower level, an outdoor shower, a shaded upper deck with peek-a-boo views of Banks Channel, and a backyard well suited to evening gatherings and sunset views. The home as it is generates $100,000-$120,000 in rental income yearly. The lot is zoned R-1 at 50 by 100 feet. While the current duplex is grandfathered in, any new construction on the property is limited to single-family use. Under current ordinance, the property supports up to 3,500 square feet of gross living area with a maximum building height of 40 feet, within setbacks that accommodate a compliant new build. To illustrate the property's potential, an AI-generated architectural render has been prepared depicting a possible 3,500 square foot, three-story single-family residence with a rooftop deck, four bedrooms, four and a half bathrooms, and a three-car garage. The concept shows sound views to the rear and ocean views to the front, with the ocean a block away. This render is a conceptual illustration only, not an architectural plan or a guarantee of what may be built. Any buyer pursuing new construction should consult a licensed architect and the Town of Wrightsville Beach to confirm buildable specifications. Shown by appointment.

9 W Fayetteville St W, Wrightsville Beach
$699,000
4 Beds ⋅ 2 Baths ⋅ SA355335 MLS
Turnkey, recently renovated, income-producing Class A brick 1950 duplex on 0.21 acre corner lot in the heart of Habersham Village, part of well-established mid-century residential area of Sylvan Terrace favored for its central location & architectural charm. Habersham Village is a low traffic area highlighted by walkability w/ easy access to grocery stores, restaurants, cafes, pharmacy & gas station among numerous other boutique shops. It's part of the greater midtown Medical Arts neighborhood named for its proximity to Savannah major healthcare hubs, including the Memorial Health University Medical Center & located across the street from the highest rated public elementary/middle school in Chatham County, currently undergoing a $41 million dollar renovation. 5 minutes to the Starland neighborhood, 10 minutes to downtown Savannah, 25 minutes to the Savannah/Hilton Head airport & walking distance to everything Habersham Village has to offer. This prime location translates into a consistently rented, high-occupancy property. Well-managed, well-maintained property w/ long rental history perfect for your next investment.

4602 Sussex Pl, Savannah
$210,000
2 Beds ⋅ 2 Baths ⋅ 100591586 MLS
Exceptional Investment Opportunity - Two Income-Producing Homes on 1 Acre! Don't miss this rare opportunity to own two charming homes on approximately one acre, offering immediate rental income and long-term investment potential. The primary home features 640 square feet with 1 bedroom, 1 bathroom, and a welcoming 30-square-foot front patio--a cozy outdoor space perfect for relaxing. The second home is a 520-square-foot efficiency-style cottage with an open-concept layout and its own 25-square-foot front patio, making it an attractive option for tenants seeking comfortable, low-maintenance living. Both homes were built in 2024 and are currently tenant-occupied and leased through March 2027, providing a steady income stream from day one. This makes the property an excellent opportunity for investors looking for an established rental property with reliable occupancy already in place. Situated on approximately one acre, the property offers ample outdoor space and potential for future possibilities, subject to local zoning and regulations. Wallace NC is a small town on I-40 that is convenient to Raleigh, NC and Wilmington, NC. Whether you're expanding your investment portfolio or seeking a unique property with built-in rental income, this versatile offering is one you won't want to miss. Schedule your private showing today!

231 & 233 Hc Powers Rd, Wallace
$759,900
6 Beds ⋅ 4 Baths ⋅ SA361181 MLS
Step into the timeless charm of this original two-story duplex located at 115 W. 37th Street in the heart of Savannah. Rich with historic character, this property showcases beautiful hardwood floors, soaring ceilings, decorative fireplaces, and stunning original window and door trim throughout—features that are increasingly hard to find. The downstairs unit offers 3 bedrooms and 1.5 bathrooms and is currently vacant, providing the perfect opportunity for an owner-occupant or investor to renovate and customize the space while generating income. Upstairs, the 3-bedroom, 2-bathroom unit is currently tenant-occupied, offering immediate rental income from day one. Ideally situated just minutes from downtown Savannah and the vibrant Starland District, you’ll enjoy convenient access to local restaurants, shops, entertainment, and everything that makes Savannah such a sought-after destination. With solid bones, classic architectural details, and endless potential, this duplex is a rare opportunity for investors or homeowners looking to restore and enhance a true Savannah gem. Whether you’re seeking an income-producing property, a house hack, or your next renovation project, this property is ready for its next chapter.

115 W 37th St, Savannah
Start Your Search