LKV Realty
Logo
$405,000
$2,150Reward *
720 Waters Avenue, Savannah, GA 31404Listing ID SA360346

720 Waters Avenue, Savannah, GA 31404

Active
Time on site: 30 daysLast updated: Jul 15, 2026
Property Type
Property Type
Residential Income
Property Sub Type
Property Sub Type
Duplex
Bedrooms
Bedrooms
4
Bathrooms
Bathrooms
2
Square Feet
Square Feet
1,268
Acres
Acres
0.05
Days on Site
Days on Site
30
Cooling
Cooling
Central Air, Electric
Heating
Heating
Central, Electric
Year Built
Year Built
1914
Parking
Parking
Off Street

Welcome to 720 Waters Ave, a fully leased legal duplex in the heart of Savannah, GA! This turnkey investment property is a rare find for real estate investors and house hackers searching for multi-family homes for sale in Savannah, offering 4 bedrooms and 2 bathrooms total across two separate units. This income-producing rental property is already generating $38,400 in gross annual rental income, with both units occupied and cash flowing from day one of ownership. Step inside to find an updated kitchen with white shaker cabinets, granite countertops, and stainless steel appliances, wide-plank flooring throughout, and a fully renovated bathroom with a marble tile surround. Both units offer in-unit washer and dryer connections for added convenience, a rare perk for a Savannah rental property. Unit 720A is leased month-to-month at $1,600/month. Unit 720B is secured on a fixed lease through April 2027 at $1,600/month, with immediate cash flow and no vacancy risk to start. Outside, enjoy a classic covered front porch perfect for rocking chairs and Savannah evenings, plus offstreet parking for both units. Whether you're a seasoned investor building a rental portfolio, or a first-time buyer exploring house hacking in Savannah, this fully occupied duplex checks every box. Schedule your private showing today, income-producing multi-family homes like this in Savannah don't last long!

Property Information

Property Details

Location

Address
720 Waters Avenue
County
Chatham
City
Savannah
Zip Code
31404

Interior Features

Beds and Baths

Bedrooms
4
Full Bathrooms
2

Building

Building Information

Square Feet
1,268
Year Built
1914
Foundation
Crawlspace
Roof
Asphalt

Financial

Special Conditions
Standard

Property Taxes

Tax Year
2023
Shannee L. TheusKeller Williams Coastal Area P

Market Report for 31404

* 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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