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.
Closed
$3,900,000
130 Alfred St, Savannah, GA 31408
3beds
48,000sqft
Multi Family
Built in 1982
-- sqft lot
$-- Zestimate®
$81/sqft
$1,840 Estimated rent
Owner options
What's special
Zillow last checked: 7 hours ago
Listing updated: September 30, 2025 at 04:31pm
Listed by:
Victoria Williams Adcock 912-481-8379,
Seaport Real Estate Group
Bought with:
Victoria Williams Adcock, 412102
Seaport Real Estate Group
Source: Hive MLS,MLS#: SA336086
Originating MLS: Savannah Multi-List Corporation

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
- Exterior features: 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
Other
Other facts
- Listing terms: Cash,Conventional,1031 Exchange
- Ownership: Investor