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About This Home

This 7-bedroom, 7-bathroom residential multi family at 24 E Jones Street in Savannah, GA is listed for $1,650,000 ($308 per sqft). Built in 1900, the home offers 5,356 sqft of living space on a 0.04 acres lot.

Agent Description

Rare opportunity to acquire a classic brick quadplex on Jones Street, consistently ranked among the most desirable and picturesque streets in the South. Located in Savannah's Landmark Historic District, this asset benefits from strong tenant demand driven by proximity to SCAD, Forsyth Park, downtown dining, retail, and cultural attractions.

The property consists of four self-contained units, each featuring a full kitchen, in-unit laundry, and individually metered utilities-supporting operational efficiency and tenant convenience. Interiors showcase historic character with high ceilings, hardwood floors, and abundant natural light.

A lower-level unit provides a diversified unit mix with a functional, efficient layout. Tenants enjoy a private shared courtyard with bike storage, enhancing livability and retention. Major capital improvements have been completed, including a new roof and two new HVAC systems in 2025, reducing near-term maintenance exposure.

Currently 3 of 4 units are leased, providing immediate in-place income, while short-term lease structures allow for near-term rent repositioning. The vacant unit offers an additional value-add opportunity through lease-up or strategic upgrades. This combination of cash flow and upside positions the property as an attractive investment in one of Savannah's strongest rental submarkets. This property is eligible for an Owner Occupied STVR certificate.

Key Features

  • Built in 1900
  • 0.04 acre lot
  • 4 stories

Property Details

4 stories
7 full
1900

Amenities

A/C

Monthly Cost Estimate

$8,825/mo

20% down · 6.5% · 30 years

Principal$1,193
Interest$7,150
Insurance$481

Estimates only. Actual payments may vary.

Location

24 E Jones Street

Savannah, GA 31401

Features & Amenities

Interior Features

Ceiling Fan(s)

Exterior Features

Courtyard

Property Details

Construction

Brick

Pool Features

Porch

Parking

On Street

Heating

Electric (Heating)Central

Cooling

Central AirElectric

Appliances

Electric Water HeaterDryerWasher

Questions & Answers

This 7-bedroom, 7-bathroom residential multi family at 24 E Jones Street is listed at $1,650,000 ($308/sqft). The estimated monthly payment is $7,150 based on 20% down at 6.5% interest.

Key features include: Built in 1900, 0.04 acre lot, 4 stories. Interior Features: Ceiling Fan(s). Exterior Features: Courtyard.

This property is listed by Carie Kuhn and can be reached at 9126632359 or carie@baystreetrealtygroup.com.

CK

Carie Kuhn

Agent at BHHS Bay Street Realty Group

(912) 663-2359

Listed by BHHS Bay Street Realty Group

MLS# SA332504· Source: listhub· Updated 289 days ago

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24 E Jones Street, Savannah, GA 31401

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