LKV Realty
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$935,000
$5,000Reward *
138 W 51st Street, Savannah, GA 31405Listing ID SA352315

138 W 51st Street, Savannah, GA 31405

Active
Time on site: 81 daysLast updated: Aug 6, 2026
Property Type
Property Type
Residential Income
Property Sub Type
Property Sub Type
Quadruplex
Bedrooms
Bedrooms
6
Bathrooms
Bathrooms
4
Square Feet
Square Feet
4,000
Acres
Acres
0.15
Days on Site
Days on Site
81
Cooling
Cooling
Central Air, Electric
Heating
Heating
Central, Electric
Year Built
Year Built
1950
Parking
Parking
Off Street, Parking Lot

Rare opportunity to acquire a fully occupied multifamily property in one of Savannah's fastest-growing areas just outside of the Historic Street Car District. This income-producing property features two 2BD/1BA units and two 1BD/1BA units with long-term tenants already in place, providing immediate cash flow from day one and current rental rates provide room for revenue enhancement while maintaining strong demand in this rapidly growing area. Located on Savannah's West Side, this property sits in the heart of an area experiencing significant growth and revitalization. Investors will appreciate the proximity to some of the city's most popular destinations, including Starland Yard, Ardsley Station, Victory North, and Two Tides Brewing Co. The property is also in close proximity to Savannah College of Art and Design facilities, including Montgomery House Residence Hall and Montgomery Hall, SCAD's hub for digital arts, gaming, and animation. Directly across the street, Byte Cafe - further enhancing the area's appeal and long-term rental demand. Adding to the property's appeal, the property is zoned RTF, offering additional flexibility and potential for future redevelopment opportunities. Investors may also have the opportunity to assume the existing VA loan with an attractive 4.25% interest rate, subject to lender approval and qualification. Conveniently positioned on Montgomery Street, Midtown Savannah is just five minutes away, while Victory Drive provides quick access to Daffin Park in under ten minutes. One of Savannah's premier recreational destinations, Daffin Park offers a public pool, tennis courts, basketball courts, playgrounds, a dog park, walking trails, and Grayson Stadium, home of the world-famous Savannah Bananas. *Offering 1% ($9,350) Lender Credit Closing Costs with Use of Preferred Lender* Assumable VA Loan with 4.25% Interest Rate Available & Zoning Offers Future Development Potential

Property Information

Property Details

Location

Address
138 W 51st Street
County
Chatham
City
Savannah
Zip Code
31405

Interior Features

Beds and Baths

Bedrooms
6
Full Bathrooms
4

Building

Building Information

Square Feet
4,000
Year Built
1950
Construction
Brick, Stucco
Roof
Asphalt

Financial

Special Conditions
Standard

Property Taxes

Tax Year
2018
Victoria Williams AdcockSeaport Real Estate Group

Market Report for 31405

* 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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