24 E Jones ST, Savannah, GA 31401
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24 E Jones ST, Savannah, GA 31401
24 E Jones ST, Savannah, GA 31401
24 E Jones ST, Savannah, GA 31401
24 E Jones ST, Savannah, GA 31401
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Kim Keenan

Kim Keenan

+1(631) 371-9449
$ 1,650,000
Est. payment /mo
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Active

24 E Jones ST Savannah, GA 31401

7 Beds

7 Baths

5,356 SqFt

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Quadruplex

Listing Status Active

Purchase Type For Sale

Square Footage 5,356 sqft

Price per Sqft $308

MLS Listing ID SA332504

Bedrooms 7

Full Baths 7

HOA Y/N No

Year Built 1900

Lot Size 1,960 Sqft

Acres 0.045

Property Sub-Type Quadruplex

Source SAV

Property 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.

Location

State GA

County Chatham

Zoning RIPA

Direction Northwest corner of E Jones and Drayton.

Interior

Interior Features Ceiling Fan(s)

Heating Central, Electric

Cooling Central Air, Electric

Appliance Electric Water Heater, Dryer, Washer

Exterior

Exterior Feature Courtyard

Parking Features On Street

Porch Porch

Garage No

Building

Lot Description Corner Lot, City Lot

Water Public

Level or Stories 4

Structure Type Courtyard

Others

Tax ID 2003206003

Acceptable Financing Cash, Conventional, 1031 Exchange

Listing Terms Cash, Conventional, 1031 Exchange

Special Listing Condition Standard

Hive MLS / Savannah / Classic / (NCRMLS) / Cape Fear Realtors
Listed by BHHS Bay Street Realty Group
Kim Keenan
Kim Keenan

Agent

+1(631) 371-9449 | journeyhomenc@gmail.com

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24 E Jones ST