For sale

Price cut: $229K (6/11)

$1,170,000

928 Victory Drive, Savannah, GA 31405

19beds

8,563sqft

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Multi Family

Built in 1960

-- sqft lot

$-- Zestimate^®

$137/sqft

$-- HOA

What's special

Incredible investment in Savannah. Portfolio includes 7 rental units across 5 properties, including 5 single-family homes and a carriage house duplex. Every property is currently occupied and producing consistent income. Rents 30–50% below market, creating immediate upside through renewal increases. Eligible for Sec 8 voucher tenants, 3-bdrm voucher rates are high enough to almost double current rents on several homes. Well-maintained with only minor deferred maintenance. NOI is strong. Leases run through 2026, allowing a smooth, structured plan for future adjustments. Stabilized, income-producing portfolio with significant appreciation and cash-flow potential. Perfect for DSCR buyers, long-term investors, 1031, or expand rental holdings at scale. Complete financial package available. SOLD AS PACKAGE - 22 Westminister Drive, 4316 Raybun Street, 928 W Victory Drive, 2612-A Stevens Street, 2612-B Stevens Street, and 2221 Lorraine Court, 2348 Toussaint Avenue.

222 days

209

13

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Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 19
Bathrooms: 12
Full bathrooms: 11
1/2 bathrooms: 1

Heating

Central, Electric, Natural Gas

Cooling

Central Air, Electric, Gas

Appliances

Included: Electric Water Heater, Gas Water Heater, Oven, Range, Dryer, Refrigerator, Washer
Laundry: In Garage, Washer Hookup, Dryer Hookup

Features

Ceiling Fan(s), Other, Pull Down Attic Stairs, See Remarks
Flooring: Carpet, Hardwood
Basement: None,Crawl Space
Attic: Pull Down Stairs
Common walls with other units/homes: 1 Common Wall

Interior area

Total interior livable area: 8,563 sqft

Property

Parking

Parking features: Garage
Has garage: Yes

Features

Stories: 1
Fencing: Chain Link,Wood,Yard Fenced

Lot

Size: 1.47 Acres
Features: Alley, City Lot

Details

Additional structures: Other
Parcel number: See remarks
Special conditions: Standard

Construction

Type & style

Home type: MultiFamily
Architectural style: Bungalow,Ranch
Property subtype: Multi Family

Materials

Brick, Wood Siding
Foundation: Block, Concrete Perimeter, Crawlspace, Slab
Roof: Composition

Condition

New construction: No
Year built: 1960

Utilities & green energy

Electric: 220 Volts
Sewer: Public Sewer
Water: Public
Utilities for property: Cable Available

Community & HOA

HOA

Has HOA: No
Second HOA name: Grace Investments

Location

Region: Savannah

Financial & listing details

Price per square foot: $137/sqft
Date on market: 12/5/2025
Cumulative days on market: 222 days
Listing agreement: Exclusive Right To Sell
Listing terms: ARM,Cash,Conventional,1031 Exchange,Other
Inclusions: Alarm-Smoke/Fire, Ceiling Fans, Dryer, Other-See Agt Remarks, Refrigerator, Washer
Ownership type: Investor
Tenant pays: Cable TV, Electricity, Gas, Grounds Care, Sewer, Trash Collection, Telephone, Water
Road surface type: Asphalt

Estimated market value

Not available

Estimated sales range

Not available

Price history

Date	Event	Price
6/11/2026	Price change	$1,170,000-16.4%$137/sqft
Source: Hive MLS #SA344828 Report a problem
3/18/2026	Price change	$1,399,000-24.4%$163/sqft
Source: Hive MLS #SA344828 Report a problem
12/5/2025	Listed for sale	$1,850,000+1913.1%$216/sqft
Source: Hive MLS #SA344828 Report a problem
7/9/2009	Sold	$91,900$11/sqft
Source: Hive MLS #SA54748 Report a problem

Public tax history

Tax history is unavailable.

Monthly payment

Est. payment

Payment breakdown

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Principal & interest
$1,547
Mortgage insurance
$0
Property taxes
$170
Home insurance
$105
HOA fees
$0
Utilities
Not included

All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.

HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.

Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.

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