16 W Oglethorpe Ave, Savannah, GA 31401

$1,200,000
5
BD
4
BA
3,560
SqFt

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Sold Price
$1,200,000
List Price
$1,390,000
Status
CLOSED
Days on Market
61
Closing Date
Jul 15, 2025
MLS#
SA331118
Subtype
Residential Income
Style
Traditional
Year Built
1872
Bedrooms
5
Bathrooms
4
Full Baths
4
Living Area
3,560
Lot Size
1,799
Acres
0.04
Subdivision
Historic Landmark District
Neighborhood
Historic Landmark District

Property Description

Rare investment opportunity in the heart of Savannah’s Landmark Historic District! Built circa 1872 and updated in 2007, 16 W. Oglethorpe Ave is a fully leased quadplex with four income-producing units and tenants already in place. This classic downtown property offers historic charm and immediate cash flow. Ideally located just steps from SCAD, Broughton Street, and top dining, including Husk, The Grey, and The Collins Quarter. Walkable to Forsyth Park, River Street, and the city’s iconic squares, this location offers strong tenant appeal and long-term rental stability. Zoned for long-term use, this turn-key property is a rare opportunity for investors seeking a solid downtown portfolio asset in one of Savannah’s most desirable areas. With excellent rent potential and minimal overhead, this historic quad offers both current income and future upside in a high-demand location. Don’t miss out on this prime downtown portfolio asset and exceptional investment!

Additional Information

Interior Features
Other, Fireplace(s)
Exterior Features
Courtyard, Deck
Property Description
Traditional
Zoning
DCBD-R3
Flooring
Tile, Hardwood
Appliances
Some Electric Appliances, Dryer, Dishwasher, Electric Water Heater, Microwave, Oven, Range, Refrigerator, Washer
Heating
Central, Electric
Air Conditioning
Central Air, Electric
Roof
Asphalt
Foundation
Brick/Mortar
Parking Features
On Street

Mortgage Calculator

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Calculator source: Real Geeks

Listing courtesy of Charter One Realty. Selling Office: BHHS Bay Street Realty Group.