Sold for $3,900,000

$3,900,000

130 Alfred, Savannah, GA 31408

3beds

48,000sqft

Multi Family

Built in 1982

-- sqft lot

$-- Zestimate^®

$81/sqft

$2,097 Estimated rent

Home value

Not available

Estimated sales range

Not available

$2,097/mo

Zestimate^® history

Owner options

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$2,097/mo

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$2,097/mo

Rent Zestimate^®

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$23,103/mo

Est. payment

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$23,103/mo

Est. payment

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What's special

Incredible opportunity to own a Stabilized 44-unit Multi-Family complex just 5 minutes from Savannah’s Historic District! Built in 1982, this property spans 8 separate buildings across 4+ acres with convenient access to major roadways, public transportation, shopping, and dining. Property includes 16 spacious 1BD/1BA units at 900 SF and 28 two-story 2BD/1.5BA townhomes at 1,200 SF with washer/dryer hookups. On-site parking and trash service add to tenant convenience. Maintained 99% occupancy under current ownership for nearly 12 years with vacancies almost never lasting more than a couple of weeks, with many long-term tenants in place. Significant potential to raise rents to market rates and boost income. Large lot offers space for additional units, or additional development of community amenities—true value-add potential. Perfect for investors looking to expand their portfolio in the growing Savannah market.

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 3
Bathrooms: 3
Full bathrooms: 1
1/2 bathrooms: 1

Heating

Central, Electric

Cooling

Central Air, Electric

Appliances

Included: Dishwasher, Electric Water Heater, Oven, Range, Refrigerator, Range Hood

Features

Flooring: Carpet, Vinyl
Common walls with other units/homes: 2+ Common Walls,1 Common Wall

Interior area

Total interior livable area: 48,000 sqft

Property

Parking

Parking features: Parking Lot

Accessibility

Accessibility features: None

Features

Patio & porch: Patio
Fencing: Decorative,Metal,Privacy

Lot

Size: 4.24 Acres

Details

Additional structures: Workshop
Parcel number: 20716 05027
Zoning: RMF
Zoning description: Multi Family
Special conditions: Standard

Construction

Type & style

Home type: MultiFamily
Property subtype: Multi Family
Attached to another structure: Yes

Materials

Concrete

Condition

Year built: 1982

Utilities & green energy

Sewer: Public Sewer
Water: Public
Utilities for property: Cable Available, Underground Utilities

Community & neighborhood

Location

Region: Savannah

HOA & financial

HOA

Has HOA: No

Other

Other facts

Listing agreement: Exclusive Right To Sell
Listing terms: Cash,Conventional,1031 Exchange

Price history

Date	Event	Price
9/30/2025	Sold	$3,900,000-8.2%$81/sqft
Source: Hive MLS #SA336086 Report a problem
8/9/2025	Listed for sale	$4,250,000$89/sqft
Source: Hive MLS #SA336086 Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$9,551 -0.9%	$331,760
2024	$9,639 -0.5%	$331,760
2023	$9,689	$331,760
2022	$9,689 +78.4%	$331,760 +88.2%
2021	$5,432 -2.4%	$176,240
2020	$5,565 0%	$176,240
2019	$5,565 -47.6%	$176,240
2018	$10,613 +1%	$176,240
2017	$10,510 +43.2%	$176,240
2016	$7,341 -10.9%	$176,240 +179736.7%
2015	$8,238	$98