Ranch Home Portfolio on
For Sale
$625,000
124 Vidalia Road, Savannah, GA 31419
MULTI_FAMILY - Ranch - Savannah, GA
Property Size4,913 SF
Lot Size6.80 Acres
Price / SF$127.21
Days on Market76
Property Features for 124 Vidalia Road
General Information
Property type
Residential Multi Family
Property subtype
Single Family Residence
Zoning
RA
Zoning description
Agricutural, Single Family
Bedrooms
8
Bathrooms
5
Full bathrooms
5
Rooms
Bathroom 5, Bedroom 6, Bedroom 7, Bathroom 1, Bedroom 2, Bedroom 3, Bedroom 8, Bedroom 1, Bathroom 4, Bedroom 4, Bathroom 2, Bathroom 3, Bedroom 5
Parking features
Off Street
Patio and Porch features
Porch
Fencing
Chain Link
Appliances
Electric Water Heater, Dryer, Refrigerator, Washer
Subdivision
Ogeechee Farms
Directions
From Savannah, US-17 South, turn left on Chevis Rd then right on Vidalia. 124 is on the right after curve. 130 and 138 also on right past 124.
Standard status
Active
APN
11030B01010
Size
4,913 SF
Lot size
6.80 Acres
Taxes and HOA fees
Tax Description
TRACT 91,92,93 OGEECHEE FARMS PHASE A
Legal Description
TRACT 91,92,93 OGEECHEE FARMS PHASE A
Utilities
Utilities
Cable Available
Sewer type
Septic Tank
Heating system
Electric (Heating), Central
Cooling system
Central Air, Electric
Water source
Public
Building Details
Year built
1941
Floors in Building
1
Number of units
3
Roof type
Metal, Composition
Architectural style
Ranch
Additional Structures
Storage
Listing Agency:
BHHS Bay Street Realty Group
(912) 355-4171
Listed By:
David Shimp · License #414099
(812) 374-3721
Added: May 22
Changed: Jul 8
Last Checked: Aug 5 at 10:06AM
MLS# SA355659
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.
Investment Insights
Based on property information with market context.
This 6.8-acre residential agricultural property includes three existing homes. The residence at 138 is described as a well-maintained 2-bedroom, 1-bath home ready for occupancy with a new HVAC system. The home at 124 is a 3-bedroom, 2-bath residence in need of significant renovation, with a roof noted as about 1 year old. The home at 130 could possibly be salvaged, offering flexibility for an investor or owner-occupant approach.
Zoned RA, the property is located at 124 Vidalia Road in Savannah, Georgia 31419. The seller notes it is approximately 25 minutes from downtown Savannah, Savannah/Hilton Head International Airport, and Richmond Hill.
The site is positioned for use as a homestead, mini-farm, or investment property, with space for farm animals, gardens, workshops, and equipment as well as potential for additional future uses.
Zoned RA, the property is located at 124 Vidalia Road in Savannah, Georgia 31419. The seller notes it is approximately 25 minutes from downtown Savannah, Savannah/Hilton Head International Airport, and Richmond Hill.
The site is positioned for use as a homestead, mini-farm, or investment property, with space for farm animals, gardens, workshops, and equipment as well as potential for additional future uses.
Key Highlights
- 6.8‑acre residential agricultural property with space for animals, gardens, workshops, and equipment
- Three existing homes on‑site: 138 has 2BR/1BA and is ready for occupancy with a new HVAC system
- 124 features 3BR/2BA and has a 1‑year‑old roof; home is in need of significant renovation
Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $79.6k | $16.20 |
| − Vacancy | −$5.2k | −$1.05 |
| EGI | $74.4k | $15.15 |
| − OpEx | −$22.3k | −$4.54 |
| NOI | $52.1k | $10.60 |
4,913 SF · lease $16.20/SF/yr · vacancy 6.50% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$744.2K
$651.2K – $868.2K
NOI $52,092 @ 7.0% cap · market cap 8.33%
Second Best
Apartment 5plus
$690.1K
$603.9K – $805.2K
NOI $48,309 @ 7.0% cap · market cap 7.73%
Theoretical Best
Warehouse
$4.59M
$4.02M – $5.36M
NOI $321,406 @ 7.0% cap · market cap 51.42%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
44
Businesses Nearby
Explore this area
Business Placement
Demographics for 31419, GA
55,413
Population
24,862
Households
2.2
Avg Household Size
35
Median Age
34%
College-Educated
91%
High-School Grad
72.9 sq mi
ZIP Area
760
Density / Sq Mi
$70,734
Median Household Income
$35,804
Median Earnings
$1,344
Median Rent
$239,600
Median Home Value
Market
Vacancy Rate% for Multifamily in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Triplex - A 6.8-acre residential-agricultural property with three existing homes and no HOA restrictions.
Where is this triplex located?
The property is located at 124 Vidalia Road Savannah, GA.
What is the asking price?
The asking price for this property is $625,000.
What are key features of this property?
This property features: 6.8‑acre residential agricultural property with space for animals, gardens, workshops, and equipment; Three existing homes on‑site: 138 has 2BR/1BA and is ready for occupancy with a new HVAC system; 124 features 3BR/2BA and has a 1‑year‑old roof; home is in need of significant renovation
