97 & 115 Ivey Street Richmond Hill, GA $ 2,500,000
97 & 115 Ivey Street
$ 2,500,000
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97 & 115 Ivey Street

Richmond Hill, GA, 31324
$ 2,500,000
Bedrooms32 Baths16.0 Sq 15,600

Monthly Estimate*

$ 15,597

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Commercial Property for sale in Richmond Hill, GA

for $2,500,000 with 32 bedrooms and 16 full baths. This 15,600 square foot building was built in 1977 on a lot size of 0.46.

Exceptional Multi-Family Investment Opportunity in Richmond Hill! Expand your portfolio with this rare offering of two well-maintained 8-plexes located in the heart of Richmond Hill. Featuring a total of 16 income-producing units, each apartment includes 2 bedrooms, 1 bathroom, a spacious living area, and a fully equipped dine-in kitchen. Tenants benefit from dedicated parking and separate HVAC systems, minimizing owner expenses and simplifying management. Positioned in a high demand rental market, the property enjoys close proximity to major employers, top-rated schools, shopping, dining, and key transportation routes. With a history of strong occupancy and steady returns, this opportunity delivers both immediate cash flow and long term appreciation potential in one of coastal Georgia’s most sought-after communities. 115 Ivey Street (PIN 0532 148) is also included in this sale.

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Commercial Active

Price

$ 2,500,000

Bedrooms

32

Full Bath

16

Property Type

Commercial

Taxes

$ 0

Style

Lot Size

0.46

Year Built

1977

Town/City

Richmond Hill

County/Region

Bryan

MLS | Web ID

SA342091

Features
General
Sewer Public Sewer
Heating Central Electric
Cooling Central Air Electric
Possession Close Of Escrow
Appliances Dishwasher Electric Water Heater Oven Range Refrigerator
Security Features Other
Construction Materials Stucco
Year Built 1977
Property Subtype Multi Family
Current Use Residential Single Family
Ownership Homeowner/Owner
Community Features Street Lights Sidewalks
County Bryan
Property Type Commercial Sale
HOA false
Full Baths 16
Special Listing Conditions Standard
Status Active
Directions From Ford Avenue turn right onto Ivey Street and the buildings will be on your left.
City Richmond Hill
Lot Size Units Acres
Lot Size Square Feet 20038
Listing Terms Cash Conventional
Property Attached Y/N true
Lease Considered Y/N false
Virtual Tour https://www.propertypanorama.com/instaview/sav/SA342091
Standard Status Active
Property Sub Type Additional Multi Family
Expected Active Date 2025-10-20
Legal Description 20GMD L#29 R HILL VILLAGE PS46:227
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Interior
Flooring Carpet Vinyl
Total Stories 2
Common Walls No One Above No One Below
Air Conditioning Y/N true
Heating Y/N true
Half Baths 0
Total Bedrooms 32
Main Level Bathrooms 0
Total Baths 16
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Exterior
Exterior Amenities Other
Water Source Public
Lot Size Area 0.46
Lot Size Acres 0.46
Road Surface Type Asphalt
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* Excluded Features
List By
Keller Williams Coastal Area P

Broker

heather@heathermurphygroup.com

Email

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$15,597
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Monthly Principal & Interest
$15,597
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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
4827338 Elementary School
4827337 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
10/20/2025$2,500,000 Listed Price

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97 & 115 Ivey Street, Richmond Hill, GA, 31324 is a Commercial Property for sale at $2,500,000 with 15,600 sqft and a lot size of 0.46. 97 & 115 Ivey Street has 32 bedrooms, 16.0 baths, and was built in 1977. The property's zip code is 31324 which is in Richmond Hill, GA