# 720 Waters Avenue, Savannah, GA 31404

> **TL;DR:** 4bd/2ba multi-family, $405,000 ($319/sqft), built 1914, 1,268 sqft.
> A/C. Est. $2,166/mo. Listed 109 days.

## Property at a Glance

| Attribute | Value |
|-----------|-------|
| Price | $405,000 |
| Price/sqft | $319 |
| Bedrooms | 4 |
| Bathrooms | 2 full |
| Square Feet | 1,268 |
| Year Built | 1914 |
| Lot Size | 1,960 sqft (0.04 acres) |
| Stories | 2 |
| Property Type | Multi-Family (Duplex) |
| Status | Active |
| Days on Market | 109 |

## Estimated Monthly Costs

| Category | Amount |
|----------|--------|
| Principal & Interest (20% down, 30-year at 6.5%) | $2,048 |
| Estimated Insurance | $118 |
| **Total** | **$2,166** |

## Key Amenities

- A/C

## Property Highlights

- Built in 1914
- 0.04 acre lot
- 2 stories

## Description

### Agent Description
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. Downstairs unit is furnished, ready for immediate executive rental placement. 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!

## Location

- **Address:** 720 Waters Avenue, Savannah, GA 31404
- **County:** Chatham
- **Coordinates:** 32.063657, -81.07963
- **Google Maps:** https://www.google.com/maps?q=32.063657,-81.07963

## Listing Agent

- **Name:** Shannee L. Theus · **License:** 390473
- **Brokerage:** Keller Williams Coastal Area P
- **Broker Phone:** 9123565001
- **Listing URL:** [View original listing](https://www.realtor.com/realestateandhomes-detail/720-Waters-Ave_Savannah_GA_31404_M51314-36098?f=listhub&s=HIVEMLSNC&m=SA360346&c=propsimple)

## Photos

![720 Waters Avenue - Photo 1](http://lh.rdcpix.com/9cad8bf5a610c88a0086a384bd1a5a33l-f1657754961r.jpg)

![720 Waters Avenue - Photo 2](http://lh.rdcpix.com/9cad8bf5a610c88a0086a384bd1a5a33l-f160297501r.jpg)

![720 Waters Avenue - Photo 3](http://lh.rdcpix.com/9cad8bf5a610c88a0086a384bd1a5a33l-f2294589138r.jpg)

![720 Waters Avenue - Photo 4](http://lh.rdcpix.com/9cad8bf5a610c88a0086a384bd1a5a33l-f2129377091r.jpg)

![720 Waters Avenue - Photo 5](http://lh.rdcpix.com/9cad8bf5a610c88a0086a384bd1a5a33l-f4241120618r.jpg)

![720 Waters Avenue - Photo 6](http://lh.rdcpix.com/9cad8bf5a610c88a0086a384bd1a5a33l-f3208273779r.jpg)

![720 Waters Avenue - Photo 7](http://lh.rdcpix.com/9cad8bf5a610c88a0086a384bd1a5a33l-f2210762261r.jpg)

![720 Waters Avenue - Photo 8](http://lh.rdcpix.com/9cad8bf5a610c88a0086a384bd1a5a33l-f4270701016r.jpg)

![720 Waters Avenue - Photo 9](http://lh.rdcpix.com/9cad8bf5a610c88a0086a384bd1a5a33l-f884724482r.jpg)

![720 Waters Avenue - Photo 10](http://lh.rdcpix.com/9cad8bf5a610c88a0086a384bd1a5a33l-f1020992069r.jpg)

![720 Waters Avenue - Photo 11](http://lh.rdcpix.com/9cad8bf5a610c88a0086a384bd1a5a33l-f3477322423r.jpg)

![720 Waters Avenue - Photo 12](http://lh.rdcpix.com/9cad8bf5a610c88a0086a384bd1a5a33l-f779610943r.jpg)

![720 Waters Avenue - Photo 13](http://lh.rdcpix.com/9cad8bf5a610c88a0086a384bd1a5a33l-f2955725613r.jpg)

![720 Waters Avenue - Photo 14](http://lh.rdcpix.com/9cad8bf5a610c88a0086a384bd1a5a33l-f1728455900r.jpg)

![720 Waters Avenue - Photo 15](http://lh.rdcpix.com/9cad8bf5a610c88a0086a384bd1a5a33l-f2335155512r.jpg)

![720 Waters Avenue - Photo 16](http://lh.rdcpix.com/9cad8bf5a610c88a0086a384bd1a5a33l-f3647131379r.jpg)

![720 Waters Avenue - Photo 17](http://lh.rdcpix.com/9cad8bf5a610c88a0086a384bd1a5a33l-f4138954441r.jpg)

![720 Waters Avenue - Photo 18](http://lh.rdcpix.com/9cad8bf5a610c88a0086a384bd1a5a33l-f250121332r.jpg)

![720 Waters Avenue - Photo 19](http://lh.rdcpix.com/9cad8bf5a610c88a0086a384bd1a5a33l-f1265144692r.jpg)

![720 Waters Avenue - Photo 20](http://lh.rdcpix.com/9cad8bf5a610c88a0086a384bd1a5a33l-f1214236477r.jpg)

![720 Waters Avenue - Photo 21](http://lh.rdcpix.com/9cad8bf5a610c88a0086a384bd1a5a33l-f3248399352r.jpg)

![720 Waters Avenue - Photo 22](http://lh.rdcpix.com/9cad8bf5a610c88a0086a384bd1a5a33l-f759433395r.jpg)

![720 Waters Avenue - Photo 23](http://lh.rdcpix.com/9cad8bf5a610c88a0086a384bd1a5a33l-f2271831522r.jpg)

![720 Waters Avenue - Photo 24](http://lh.rdcpix.com/9cad8bf5a610c88a0086a384bd1a5a33l-f165453962r.jpg)

![720 Waters Avenue - Photo 25](http://lh.rdcpix.com/9cad8bf5a610c88a0086a384bd1a5a33l-f3125441414r.jpg)

![720 Waters Avenue - Photo 26](http://lh.rdcpix.com/9cad8bf5a610c88a0086a384bd1a5a33l-f1169237120r.jpg)

---

**MLS#:** SA360346 | **Updated:** 2026-10-23
**Source:** listhub

*Copyright © 2026 Hive MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.*

[View on PropertySimple](https://staging.propertysimple.ai/listing/720-waters-avenue-savannah-ga-31404-1ab7b52271e248149c270553be37f6e3)

---

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