LKV Realty
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$2,750,000
$6,800Reward *
118 E Gaston Street, Savannah, GA 31401Listing ID SA346755

118 E Gaston Street, Savannah, GA 31401

Active
Calhoun Ward
Time on site: 215 daysLast updated: Aug 4, 2026
Property Type
Property Type
Residential
Property Sub Type
Property Sub Type
Single Family Residence
Bedrooms
Bedrooms
8
Bathrooms
Bathrooms
5
Square Feet
Square Feet
5,920
Acres
Acres
0.07
Days on Site
Days on Site
215
Cooling
Cooling
Central Air, Electric
Heating
Heating
Central, Electric
Year Built
Year Built
1870
Stories
Stories
4
Garages
Garages
1
Parking
Parking
Attached, Garage Door Opener, Off Street

Built in 1882 by renowned builder J.J. Hale, this exceptional four-story property offers a rare opportunity to own a premier multi-family residence just steps from Forsyth Park. Seamlessly blending historic grandeur with modern upgrades, the property is configured into three distinct living spaces, providing unmatched flexibility for investors, owner-occupants, or luxury short-term rental strategies. The main residence spans three levels and showcases 5 spacious bedrooms, 2.5 baths, soaring ceilings, elegant period details, and thoughtfully updated finishes throughout. The garden-level apartment offers a private 2-bedroom, 1-bath residence ideal for rental income, guests, or extended family. Completing the property is a separate carriage house above the private off-street garage, featuring a stylish 1-bedroom, 1-bath suite with excellent income potential. Full Non-Owner-Occupied STVR certificates provide exceptional flexibility — live in one unit while generating income from the others, or operate all units as luxury short-term rentals. The property may also be conveyed fully furnished, offering a true turnkey opportunity. Located in Savannah’s most coveted downtown corridor, 118 E Gaston is moments from acclaimed dining, shopping, and cultural landmarks. This is a rare chance to acquire a historic, income-producing asset in one of the city’s strongest rental markets.

Property Information

Property Details

Location

Address
118 E Gaston Street
County
Chatham
City
Savannah
Zip Code
31401
Subdivision
Calhoun Ward

Interior Features

Beds and Baths

Bedrooms
8
Full Bathrooms
4
Half Bathrooms
1

Building

Building Information

Square Feet
5,920
Year Built
1870
Stories
4
Construction
Brick, Concrete
Foundation
Slab
Roof
Asphalt

Financial

Special Conditions
Standard

Property Taxes

Tax Year
2024
Matthew RandolphLighthouse Realty Professional

Market Report for 31401

* The market data shown is based on available information from Multiple Listing Service (MLS) and/or public records. Data provided is for informational and educational purposes only and may not represent the full housing market. For more accurate information, consumers should consult a certified appraiser or licensed real estate agent.

*Average of $2,150 in rewards is calculated based on the purchase or sale of a home between $400,000 to $449,000. The median home price for all housing types is in the United States is $405,400 as of 2025 as reported by the National Association of Realtors® (NAR). The actual reward amount may vary depending on the purchase or sales price of the home. Please see the Lakeview Home Rewards program terms and conditions for more details. The National Association of Realtors® is a registered trademark of the National Association of Realtors®.

Source: Hive MLS
Hive MLS logo

IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by the MLS. All information herein has not been verified and is not guaranteed. ©2026 Hive MLS LLC.

For corrections to this data please contact Brytecore MLS Support.

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