720 Waters Avenue Savannah, GA $ 405,000
720 Waters Avenue
$ 405,000
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720 Waters Avenue

Savannah, GA, 31404
$ 405,000
Bedrooms4 Baths2.0 Sq 1,268

Monthly Estimate*

$ 2,557

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Multi-Family Home for sale in Savannah, GA

for $405,000 with 4 bedrooms and 2 full baths. This 1,268 square foot home was built in 1914 on a lot size of 0.045.

Welcome to 720 Waters Ave, a fully leased legal duplex in the heart of Savannah, GA! This turnkey investment property is a rare find for real estate investors and house hackers searching for multi-family homes for sale in Savannah, offering 4 bedrooms and 2 bathrooms total across two separate units. This income-producing rental property is already generating $38,400 in gross annual rental income, with both units occupied and cash flowing from day one of ownership. Step inside to find an updated kitchen with white shaker cabinets, granite countertops, and stainless steel appliances, wide-plank flooring throughout, and a fully renovated bathroom with a marble tile surround. Both units offer in-unit washer and dryer connections for added convenience, a rare perk for a Savannah rental property. Unit 720A is leased month-to-month at $1,600/month. Unit 720B is secured on a fixed lease through April 2027 at $1,600/month, with immediate cash flow and no vacancy risk to start. Outside, enjoy a classic covered front porch perfect for rocking chairs and Savannah evenings, plus offstreet parking for both units. Whether you're a seasoned investor building a rental portfolio, or a first-time buyer exploring house hacking in Savannah, this fully occupied duplex checks every box. Schedule your private showing today, income-producing multi-family homes like this in Savannah don't last long!

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Multi-Family Active

Price

$ 405,000

Bedrooms

4

Full Bath

2

Property Type

Multi-Family

Taxes

$ 0

Style

Traditional

Lot Size

0.045

Year Built

1914

Town/City

Savannah

County/Region

Chatham

MLS | Web ID

SA360346

List By
Keller Williams Coastal Area P

Broker

shanneetherealtor@gmail.com

Email

Affordability Calculator

$2,557
Per Month
100%
0%
0%
Monthly Principal & Interest
$2,557
Monthly Property Taxes
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Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.49% 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
7/15/2026$405,000 Listed Price

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720 Waters Avenue, Savannah, GA, 31404 is a Multi-Family Home for sale at $405,000 with 1,268 sqft and a lot size of 0.045. 720 Waters Avenue has 4 bedrooms, 2.0 baths, and was built in 1914. The property's zip code is 31404 which is in Savannah, GA