Price Reduced Listing
$450,000
 $2,416 est/mo Sourced by Back At You

8 Lewis Drive,Savannah, GA 31406

Savannah, GA 31406

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Description

Excellent investment opportunity in Savannah! Fully occupied 4-unit quadplex generating $5,950 in monthly rental income, with three units leased at $1,500/month and one unit at $1,450/month. Each unit offers 2 bedrooms and 1.5 bathrooms, providing a desirable floor plan for long-term tenants. Recent improvements include new window heat pump HVAC units in every apartment, helping reduce future maintenance costs. The property offers off-street parking and a courtyard-style layout and is conveniently located near shopping, dining, Hunter Army Airfield, and major commuter routes. Whether you're adding to your portfolio or completing a 1031 exchange, this income-producing property offers immediate cash flow with all four units occupied.

Details

MLS #SA362674
Listing TypeFor Sale
StyleFourplex
Sub-TypeResale
StatusActive
Year1977
Days On Site88
Listing Provided ByBetter Homes and Gardens Real | Christopher C. Anderson

Features

Bed(s)8
Bath(s) 8 Total
SQ Feet4,310
Story(s)2
Units4
ZoningPUDM
Acreage0.10
Property ViewPanoramic

Interior

Heating Yes / NoYes
Cooling Yes / NoYes
CoolingCentral Air, Electric, Heat Pump, Window Unit(s)

Exterior

Exterior FeaturesCourtyard
ViewPanoramic
Construction MaterialsBrick

Parking

Garage Yes / NoNo
Parking FeaturesOff Street, Parking Available

Utilities

UtilitiesUnderground Utilities

Taxes

Tax Legal DescriptionLOT 8 TOWNGATE APTS
Tax Year2025

Area Information

StateGA
CountyChatham
CitySavannah
Zip Code31406
Community NameTowngates Apts
Listing VS Median (in Towngates Apts)
Price:
$450,000
low | high
Med:
$1,350
100% of Average
sqft:
4,310
low | high
Med:
1,078
100% of Average
$ / sqft:
$104
low | high
Med:
$1
100% of Average
On site:
88
low | high
Med:
99
88.888888888889% of Average
Sourced by Back At You

Market Activity 31406

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Learn More About This Property

StateGA
CountyChatham
CitySavannah
Zip Code31406
Community NameTowngates Apts
Listing VS Median (in Towngates Apts)
Price:
$450,000
low | high
Med:
$1,350
100% of Average
sqft:
4,310
low | high
Med:
1,078
100% of Average
$ / sqft:
$104
low | high
Med:
$1
100% of Average
On site:
88
low | high
Med:
99
88.888888888889% of Average
Sourced by Back At You
Nearby Listings (Within 1/10 mile)
Price: $337K - $562K
sqft: 3,000 - 5,000
Nearby Listings Property ImageNearby Listings Details
1 Lewis Drive # 1B Property Photo 1
$525,000
1 Lewis Drive # 1b
Savannah, GA 31406
Listing Updated: November 7, 2026 at 8:32:41 AM PST