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7-Unit Multifamily Compound
For Sale
$550,000

15 W 59th St, Savannah, GA 31405

Three separate residential structures offer a mix of one-, two-, and three-bedroom apartments on a single parcel.

Property Size6,116 SF
Lot Size0.20 Acres
Price / SF$89.93
Days on Market14

Property Features for 15 W 59th St

General Information

Standard status Active
Size 6,116 SF
Lot size 0.20 Acres
Property subtype Residential Income
Zoning RTF

Property Condition

Severity Minor
Evidence some deferred maintenance

Additional Details

Multifamily Units 7

Building Details

Year Built 1946
Buildings 3
Listing Agency: The Commercial Group
Listed By: Joseph Solana · License #435296
Source: Exprealty
Added: Aug 7 Changed: Aug 19 Last Checked: Aug 20 at 12:24PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of The Commercial Group

Investment Insights

Based on property information with market context.

This 7-unit multifamily property comprises three separate buildings on one parcel totaling 6,116 SF across 0.202 acres. The unit mix includes one three-bedroom apartment along with one- and two-bedroom units. Four apartments are occupied, while three are vacant and available for leasing. The property is zoned RTF and is being offered in as-is condition.

The rear structure has a new roof, while the older 1946 building includes deferred maintenance alongside renovated space. Located at 15 W 59th St in Savannah, the property sits west of Bull Street within the Midtown area. Buyer verification of property information is required.

Key Highlights

  • 7‑unit multifamily property totaling 6,116 SF
  • Three separate residential structures on one 0.202‑acre parcel
  • Unit mix includes one 3‑bedroom and multiple 1- and 2‑bedroom apartments

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Law Firm Real Estate Agency Accounting Firm Bakery Electrical Service (Bike/Boat/Book/etc) Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

7
Residential units

Location Intelligence

Trade Area within ½ mile

527
Businesses Nearby

Demographics for 31405, GA

38,069
Population
16,809
Households
2.3
Avg Household Size
36
Median Age
35%
College-Educated
90%
High-School Grad
31.2 sq mi
ZIP Area
1,220
Density / Sq Mi
$62,123
Median Household Income
$35,836
Median Earnings
$1,431
Median Rent
$304,800
Median Home Value

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Apartment building - Three separate residential structures offer a mix of one-, two-, and three-bedroom apartments on a single parcel.
Where is this apartment building located?
The property is located at 15 W 59th St Savannah, GA.
What is the asking price?
The asking price for this property is $550,000.
What are key features of this property?
This property features: 7‑unit multifamily property totaling 6,116 SF; Three separate residential structures on one 0.202‑acre parcel; Unit mix includes one 3‑bedroom and multiple 1- and 2‑bedroom apartments
More about this property
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