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Tybee Island Multifamily Investment Property

3 2nd Terrace Street, Tybee Island, GA 31328

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Picture of Triplexes at 3 2nd Terrace Street, Tybee Island, GA

For Sale

$1,895,000

MULTI_FAMILY - Tybee Island, GA

Property size:

3,200 SF

Price / SF:

$592/SF

HighLights

Three separate apartments with gross income over $250,000 annually
Approx. 80% average occupancy each year, based on the provided remarks
Total renovation completed in 2006; upgrades completed as required and furnishings replaced
Elevator servicing the 2nd and 3rd levels for resident convenience
Parking available for all three apartments
Steps from the beach crossover with public water and public sewer

We can help!

Contact an agent

Teresa O. Jackson

For Sale

$1,895,000

MULTI_FAMILY - Tybee Island, GA

Property size:

3,200 SF

Price / SF:

$592/SF

Added:: Apr 17, 2026
Days on Market:: 72
Last Refresh:: Jun 27 at 4:06 pm

Property Features for 3 2nd Terrace Street

General Information

Property type: Residential Multi Family
Property subtype: Other
Zoning: R.T
Bedrooms: 5
Bathrooms: 5
Rooms: Bathroom 2, Bathroom 1, Bedroom 5, Bathroom 3, Bathroom 5, Bedroom 4, Bedroom 3, Bathroom 4, Bedroom 2, Bedroom 1
Parking features: Underground/Basement, Off Street
Interior features: Ceiling Fan(s)
Appliances: Some Electric Appliances, Electric Water Heater, Oven, Plumbed For Ice Maker, Range Hood, Dryer, Refrigerator, Washer
Standard status: Active
APN: 4000405004
Size: 3,200 SF

Taxes and HOA fees

Tax Description: Lot 6A, Recombination of Lot 6 & Pt. of Lot 5 Sub Lots 19 & 20

Utilities

Utilities: Cable Available
Sewer type: Public Sewer
Heating system: Heat Pump (Heating), Wall Furnace, Electric (Heating), Central
Cooling system: Central Air, Electric
Water source: Public

Building Details

Year built: 1935
Floors in Building: 3
Number of units: 3
Flooring type: Hardwood
Building materials: Frame
Roof type: Composition

We can help!

Contact an agent

Teresa O. Jackson

Listing agent Teresa O. Jackson License #183974

Listing office Coldwell Banker Access Realty 128 Habersham Street, Savannah, GA

Listing date Apr 17, 2026

MLS# SA354067 Listing URL

HighLights

Three separate apartments with gross income over $250,000 annually
Approx. 80% average occupancy each year, based on the provided remarks
Total renovation completed in 2006; upgrades completed as required and furnishings replaced
Elevator servicing the 2nd and 3rd levels for resident convenience
Parking available for all three apartments
Steps from the beach crossover with public water and public sewer

Overview

The Terraces is a multifamily property located in Tybee Island, GA, featuring three separate apartments. The property has a history of generating over $250,000 annually. Situated just steps from the beach crossover, the location offers views. The property includes an elevator for convenience and parking for all three apartments. A total renovation was completed in 2006. The elevator provides access to the 2nd and 3rd levels. The apartments have been upgraded as required, and furnishings have been replaced to maintain an occupancy rate averaging approximately 80% each year. The property size is 3200 square feet. The zoning is R.T. The property is located at 3 2nd Terrace Street, Tybee Island, GA 31328, Chatham County.

Property Profile Location Intelligence

Current Use by Public Records

Ocean Watch Tybee ... Vacation Rental

Suggested Use

Location Insight

Map
Local Demand

City: Tybee Island
County: Chatham
State: Georgia
Longitude: -80.841385
Latitude: 32.010339

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For sale
Triplexes
GA
Tybee Island
31328
3 2nd Terrace Street

What type of property is this?

Triplex - Three-unit multifamily property near the beach with strong rental income.

Where is this triplex located?

The property is located at 3 2nd Terrace Street Tybee Island, GA.

What is the asking price?

The asking price for this property is $1,895,000.

What are key features of this property?

This property features: Three separate apartments with gross income over $250,000 annually; Approx. 80% average occupancy each year, based on the provided remarks; Total renovation completed in 2006; upgrades completed as required and furnishings replaced

3 2nd Terrace Street, Tybee Island, GA 31328

MULTI_FAMILY - Tybee Island, GA

Property Features for 3 2nd Terrace Street

General Information

Taxes and HOA fees

Utilities

Building Details

We can help!

HighLights

Overview

Current Use by Public Records

Suggested Use

Location Insight

Nearby Similar for Sale

Tybee Island Retail Opportunity

Restaurant with Ocean Views

Tybee Island Multifamily Income Property

Tidal Creek Duplex with Two Decks

Tybee Island Multi-Family Opportunity

Updated Home with Income Apartment

Third-Floor Beachside Condo with Elevator

Ocean-View Restaurant and Building

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