722 Waters Avenue
Savannah, GA, 31404 $ 400,000
Bedrooms4 Baths2.0 Sq 1,444 Monthly Estimate*
$ 2,463
for $400,000 with 4 bedrooms and 2 full baths. This 1,444 square foot home was built in 1914 on a lot size of 0.045.
This freshly updated, income-producing duplex is the kind of opportunity investors love - approachable, easy to rent, and positioned in one of Savannah’s most densely populated, high-demand areas. Whether you’re house-hacking, expanding your portfolio, or jumping into your first multifamily, this one makes it simple! Both units feature fresh new paint, renovated baths, and updated appliances, giving you a clean, modern feel tenants move fast for. Bright kitchens, durable finishes, and washer & dryer included mean fewer questions, faster leases, and happier renters. Translation: LESS WORK FOR YOU! Outside, a charming front porch brings curb appeal, while private off-street parking in the back checks a major box renters always ask about. Each unit is well laid out, low-maintenance, and ready for immediate occupancy - no renovations, no waiting, no excuses. This is a solid, straightforward investment in a city where rental demand isn’t slowing down anytime soon. Clean. Updated. Income-ready. And yes, priced to sell so you can move quickly and start collecting checks sooner rather than later. Savannah duplexes like this don’t sit long. Neither should you.
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FeaturesGeneralLiving Area 1444.0
Heating Central Electric
Cooling Central Air Electric
Possession See Remarks
Roof Asphalt
Appliances Electric Water Heater
Zoning R4
Architectural Style Traditional
Year Built 1914
Property Subtype Duplex
Tax Year 2024
Taxes 1726
Parcel Number 2003429014
County Chatham
New Construction N
Property Type Residential Income
In City Limits? (Y/N) N
HOA N
Attached Garage N
Subdivision Name Hull Ward
Garage Y/N N
Full Baths 2
Status Active
Directions From Downtown Savannah take Victory Dr east. Turn right onto Waters Ave. Continue north; 722 Waters Ave will be on the right.
High School Savannah Arts Academy
City Savannah
Number Of Units Total 2
Lot Size Units Acres
Lot Size Square Feet 1960.0
Carport Y/N N
Elementary School Andrea B Williams
Property Attached Y/N Y
Land Lease Y/N N
Showing Instructions See Agent Remarks ShowingTime
Home Warranty Y/N N
Middle/Junior High School Hurber
Lease Considered Y/N N
Living Area Units Square Feet
Standard Status Active
Occupancy Type Vacant
Tax Lot 6
Ownership Type Investor
Property Sub Type Additional Duplex
Expected Active Date 2026-02-05
Legal Description LOT 6 BLOCK 2 HULL WARD
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InteriorBasement None
Total Stories 2
Common Walls 1 Common Wall
Basement (Y/N) N
Air Conditioning Y/N Y
Heating Y/N Y
Fireplace Y/N N
Half Baths 0
Total Bedrooms 4
Main Level Bathrooms 0
Total Baths 2
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ExteriorParking Features Off Street
Lot Features City Lot
Water Source Public
Lot Size Area 0.045
Spa N
Lot Size Acres 0.045
Road Surface Type Asphalt
Waterfront Y/N N
Road Frontage Type Public Road
Crops Included Y/N N
Horse Y/N N
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* Excluded FeaturesList ByChelsea PhillipsListing Agent
chelseasold@gmail.comEmail
Affordability Calculator
- Monthly Principal & Interest
- $2,463
- Monthly Property Taxes
- $144
- Monthly Home Insurance
- --
Default based on a 30-year fixed rate of 6.25% 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.
Learn more about how to save NearbyMulti-family listings in Savannah, GA
Average List Price $953,065
Percent of Sale Price 138%
About Savannah, GA 147,502 Population
11% Since 2002
$ 39,420 Median Income
33.54 Median Age
24% Households with Children
Trends Information provided by ATTOM Data Solutions.
5368773 Elementary School
5394788 Middle School
Savannah Arts Academy High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 2/5/2026 | $400,000 | | Listed Price |