Investor Special – Two Homes, One Property
Calling all investors and multi-generational families: this unique property offers two detached homes on one lot. One home is currently tenant-occupied, so you’re generating income from day one. The other home needs some TLC but could be transformed into the perfect living space or another rental unit. Live in one and rent the other, or create a family compound with everyone together yet separate. Centrally located near hospitals, Hunter Army Airfield and GA Southern Armstrong campus.
The possibilities for cash flow and equity growth are enormous—bring your vision and seize this opportunity.
For sale
$244,500
316 Edgewater Road, Savannah, GA 31406
6beds
1,584sqft
Est.:
Single Family Residence
Built in 1950
0.42 Acres Lot
$241,700 Zestimate®
$154/sqft
$-- HOA
What's special
- 34 days |
- 612 |
- 28 |
Zillow last checked: 8 hours ago
Listing updated: December 05, 2025 at 02:06pm
Listed by:
Harold Meyers 912-313-2424,
eXp Realty LLC,
Cynthia Ogletree 912-677-6303,
eXp Realty LLC
Source: Hive MLS,MLS#: SA344909
Originating MLS: Savannah Multi-List Corporation
Tour with a local agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 6
- Bathrooms: 2
- Full bathrooms: 2
Heating
- Central, Electric
Cooling
- Central Air, Electric
Appliances
- Included: Electric Water Heater, Oven, Range, Refrigerator
- Laundry: In Garage, Washer Hookup, Dryer Hookup
Features
- Common walls with other units/homes: No Common Walls
Interior area
- Total interior livable area: 1,584 sqft
Property
Parking
- Total spaces: 1
- Parking features: Attached, Off Street
- Has garage: Yes
- Carport spaces: 1
Features
- Patio & porch: Front Porch
- Fencing: Chain Link,Privacy
Lot
- Size: 0.42 Acres
Details
- Parcel number: 2056304003
- Zoning: R1
- Zoning description: Single Family
- Special conditions: Standard
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Traditional
- Property subtype: Single Family Residence
Materials
- Wood Siding
Condition
- New construction: No
- Year built: 1950
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
HOA
- Has HOA: No
Location
- Region: Savannah
Financial & listing details
- Price per square foot: $154/sqft
- Tax assessed value: $194,900
- Annual tax amount: $2,265
- Date on market: 12/5/2025
- Listing agreement: Exclusive Right To Sell
- Listing terms: Cash,Conventional,1031 Exchange
- Tenant pays: Cable TV, Electricity, Sewer, Trash Collection, Telephone, Water
Estimated market value
$241,700
$230,000 - $254,000
$2,717/mo
Price history
Price history
| Date | Event | Price |
|---|---|---|
| 12/5/2025 | Listed for sale | $244,500+122.3%$154/sqft |
Source: | ||
| 10/24/2020 | Listing removed | $1,100$1/sqft |
Source: Mia Madison Properties #233515 Report a problem | ||
| 9/12/2020 | Listed for rent | $1,100$1/sqft |
Source: Mia Madison Properties #233515 Report a problem | ||
| 7/1/2020 | Sold | $110,000$69/sqft |
Source: Public Record Report a problem | ||
Public tax history
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $2,265 +10.3% | $77,960 +10.9% |
| 2023 | $2,054 +9.5% | $70,320 +9.5% |
| 2022 | $1,876 +38.3% | $64,240 +46% |
Find assessor info on the county website
BuyAbility℠ payment
Est. payment
$1,435/mo
Principal & interest
$1178
Property taxes
$171
Home insurance
$86
Climate risks
Neighborhood: Paradise Park
Nearby schools
GreatSchools rating
- 4/10White Bluff Elementary SchoolGrades: PK-5Distance: 0.5 mi
- 5/10Myers Middle SchoolGrades: 6-8Distance: 4 mi
- 5/10Jenkins High SchoolGrades: 9-12Distance: 2.9 mi
- Loading
- Loading





