816 - 818 Drayton Street Savannah, GA $ 4,225,000
816 - 818 Drayton Street
$ 4,225,000
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816 - 818 Drayton Street

Savannah, GA, 31401
$ 4,225,000
Baths0.0

Monthly Estimate*

$ 26,359

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Studio

Multi-Family Home for sale in Savannah, GA

for $4,225,000. This home was built in 1896 on a lot size of 0.139.

Discover a prime investment opportunity at 816-818 Drayton St, Savannah, GA. This 14-unit historic apartment building, located on Forsyth Park, offers a blend of timeless charm and modern updates. The building includes 14 units, many with porches that provide stunning views of Forsyth Park. Each unit features hardwood floors, modern kitchens with updated appliances, and thoughtful renovations that enhance its historic appeal. Just minutes from SCAD, downtown shopping, dining, and major hospitals, the property is ideally situated for maximum rental appeal. With 100% occupancy and room for rental growth, its poised for significant income potential, making it an exceptional opportunity for investors seeking high ROI in Savannahs most desirable location. Dont miss out on this incredible opportunity on one of Savannahs most coveted locations.

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Multi-Family Active

Price

$ 4,225,000

Bedrooms

Studio

Property Type

Multi-Family

Taxes

$ 31,163

Style

Multi Family

Lot Size

0.139

Year Built

1896

Town/City

Savannah

County/Region

Chatham

MLS | Web ID

10580472

Features
General
Sewer Public Sewer
Heating Central Electric
Cooling Central Air Electric
Utilities Electricity Individual Meters Sewer Connected Water Individual Meters
HOA Fee 0
Association Fee Includes None
Construction Materials Wood Siding
Year Built 1896
Levels Three Or More
Property Subtype Multi Family
Tax Year 2023
Gross Income 0
Community Features Park Playground Sidewalks Street Lights Tennis Court(s) Near Public Transport Near Shopping
County Chatham
New Construction N
Property Type Residential Income
HOA N
Attached Garage N
MaintenanceExpense 0
Subdivision Name None
Garage Y/N N
Status Active
Directions From Derenne Ave head down Abercorn Street towards Victory Drive. Turn Left on Victory Drive. Turn Right on Drayton Street. Travel 1 mile destination will be on right hand side across from Forsyth Pa
High School Savannah
City Savannah
Senior Community Y/N N
Number Of Units Total 14
Lot Size Units Square Feet
Lot Size Square Feet 6054.84
Carport Y/N N
Elementary School Spencer
Property Attached Y/N N
Land Lease Y/N N
Tax Annual Amount 31163
Electric Expense 0
Home Warranty Y/N N
Fuel Expense 0
Middle/Junior High School Hubert
Property Condition Resale
Virtual Tour https://www.propertypanorama.com/instaview/sav/319886 https://www.propertypanorama.com/instaview/sav/319886
Structure Type Multi Family
Building Area Units Square Feet
Living Area Units Square Feet
Standard Status Active
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Interior
Basement Crawl Space Exterior Entry
Total Fireplaces 0
Air Conditioning Y/N Y
Heating Y/N Y
Fireplace Y/N N
Below Grade Finished Area Unit Type Square Feet
Above Grade Finished Area Unit Type Square Feet
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Exterior
Parking Features None
Water Source Public
Total Parking 0
Lot Size Area 6054.84
Spa N
Lot Size Acres 0.139
Lot Size Source Public Records
Waterfront Y/N N
Horse Y/N N
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* Excluded Features
List By
Keller Williams Realty Coastal

Broker

bfargo@kw.com

Email

Affordability Calculator

$28,955
Per Month
91%
9%
0%
Monthly Principal & Interest
$26,359
Monthly Property Taxes
$2,597
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
4846646 Elementary School
4134932 Middle School
Savannah High School High School
Pricing History
DatePricePrice ChangeDescription
10/7/2025$4,225,000 -10.58% Price Down
8/8/2025$4,725,000 Listed Price

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816 - 818 Drayton Street, Savannah, GA, 31401 is a Multi-Family Home for sale at $4,225,000 with a lot size of 0.139. 816 - 818 Drayton Street is a studio with 0.0 baths and was built in 1896. The property's zip code is 31401 which is in Savannah, GA