Under Contract

316 Edgewater Road

Savannah, GA 31406

$244,500 $1,030/Mo

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Overview

Bed

Bath

1,584

Sqft

0.42

Acre(Lot)

Description

Investor Special – Two Homes, One Property Calling all investors and multi-generational families: this unique property offers two detached homes on one lot. One home is currently tenant-occupied, so you’re generating income from day one. The other home needs some TLC but could be transformed into the perfect living space or another rental unit. Live in one and rent the other, or create a family compound with everyone together yet separate. Centrally located near hospitals, Hunter Army Airfield and GA Southern Armstrong campus. The possibilities for cash flow and equity growth are enormous—bring your vision and seize this opportunity.

Property Details

Property Type : Residential Income

Price : $244,500

AD Id : 74406963

MLS Id : SA344885

Beds : 3

Lot Size : 0.42 Acre

Living Area Size : 1,584

Year Built : 1950

County : Chatham

Map

What's Nearby

Nearby Areas

Features

Bedroom Information

Total beds: 3

Bathroom Information

Total Baths: 1 Full Baths: 1
Flooring Information

Ceramic Tile, Vinyl, Wood
Interior Features

Appliances: Electric Water Heater, Oven, Range, Refrigerator Laundry Features: In Garage, Washer Hookup
Heating & Cooling

Has Heating: Yes Heating: Central, Electric Has Cooling: Yes Cooling: Central Air, Electric

Building Information

Year Built: 1950 Construction Materials: Wood Siding Patio And Porch Features: Front Porch Private Pool: No

Lot Information

Main Square Feet: 0.42 Acres Lot Size Acres: 0.42 Lot Size Square Feet: 18295

Listing Price Information

Listing Price: $244500 Cash, Conventional, 1031 Exchange

Tax Information

Parcel Number: 2-0563-04-003

Parking Information

Off Street

Location Information

Direction: From Waters Ave. turn right onto E Montgomery Cross Rd. In 0.6 miles turn left onto Edgewater rd. Destination will be on the left. WaterSource: Public

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At $154.36 per sq.ft.,this listing is priced below average compared to other multifamily from Savannah.

The average multifamily price in Savannah is $498412.86 with avg. price / sq.ft of $2844.68.

The average multifamily price in Chatham County is $540257.14 with avg. price / sq.ft of $3659.00.

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Nearby Home Value

Address	Estimate	Bed	Bath	Sq. Ft	Lot Size
1 Lewis Drive, Savannah, GA, 31406	$565,000	8	8	4,310	4,310 SqFt

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ByOwner last updated this listing 04/06/2026 @ 19:03

MLS: SA344885 LISTED BY: Harold Meyers, eXp Realty LLC SOURCE: Hive MLS (North Carolina Regional)