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Furnished Five-Unit Apartment Building
For Sale
$3,750,000

17 W Park Avenue, Savannah, GA 31401

Residential Income, Savannah, GA

Property Size6,879 SF
Lot Size0.17 Acres
Price / SF$545.14
Days on Market89

Property Features for 17 W Park Avenue

General Information

Property type Residential Multi Family
Property subtype Other
Zoning BC
Bedrooms 10
Bathrooms 8
Full bathrooms 6
Half bathrooms 2
Rooms Bedroom 8, Bedroom 2, Bedroom 5, Bathroom 1, Bathroom 4, Bedroom 4, Bedroom 1, Bedroom 6, Bathroom 8, Bedroom 7, Bathroom 7, Bedroom 3, Bathroom 2, Bathroom 3, Bedroom 10, Bedroom 9, Bathroom 5, Bathroom 6
Parking features Off Street
Patio and Porch features Porch
Interior features Ceiling Fan(s)
Exterior features Courtyard
Appliances Electric Water Heater, Dryer, Refrigerator, Washer
Subdivision Gallie
Directions Located on Park Avenue, one property west of the southeast corner of Park Avenue and Whitaker Street.
Standard status Active
APN 2004431008
Size 6,879 SF
Lot size 0.17 Acres

Taxes and HOA fees

Tax Year 2025
Tax Description LT 32 W 8 FT OF LT 34 GALLIE WD
Tax Annual Amount 37569
Legal Description LT 32 W 8 FT OF LT 34 GALLIE WD

Utilities

Sewer type Public Sewer
Heating system Electric (Heating), Central
Cooling system Electric, Central Air
Water source Public

Building Details

Year built 1930
Floors in Building 3
Building materials Stucco
Listing Agency: Engel & Volkers
Listed By: Ridley Stallings · License #370720
Added: Jun 2 Changed: Aug 28 Last Checked: Aug 29 at 3:06PM
MLS# SA358106

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.

Built in 1930, this 6,879-square-foot apartment property occupies a 0.165-acre site and includes five furnished units: four within the principal residence and one in a separate carriage house. Four units have updated bathrooms and furnishings. The improvements retain heart-pine flooring, marble fireplaces, floor-to-ceiling bay windows, and a formal staircase, while central electric heating and cooling provide modern building systems. A courtyard, porch, washer and dryer, refrigerator, and electric water heater are also included.

The property is located at 17 W Park Avenue in Savannah's Historic Victorian District, directly across from the south end of Forsyth Park. Parking includes a two-car garage and two additional off-street spaces. The offering also includes five non-owner-occupied STVR licenses. Public water and public sewer serve the property, and the exterior is finished in stucco.

Key Highlights

  • Five furnished units, including four in the main residence and one carriage house apartment
  • Five non‑owner‑occupied STVR licenses included
  • 6,879 square feet on a 0.165‑acre site

Property Analytics

Current Use

Telfair Arms Apartments Apartment Building Savannah Ghost Walks ... Travel Agency

Suggested Use

Top Pick Electrical Service HVAC Service Plumbing Service Pet Grooming Service (Bike/Boat/Book/etc) Store Butcher

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

5
Residential units

Location Intelligence

Trade Area within ½ mile

1,844
Businesses Nearby

Demographics for 31401, GA

22,927
Population
11,832
Households
1.9
Avg Household Size
28
Median Age
48%
College-Educated
91%
High-School Grad
3.4 sq mi
ZIP Area
6,743
Density / Sq Mi
$50,182
Median Household Income
$27,309
Median Earnings
$1,428
Median Rent
$477,600
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 - Historic Savannah property with a carriage house, dedicated parking, and five non-owner-occupied STVR licenses.
Where is this apartment building located?
The property is located at 17 W Park Avenue Savannah, GA.
What is the asking price?
The asking price for this property is $3,750,000.
What are key features of this property?
This property features: Five furnished units, including four in the main residence and one carriage house apartment; Five non‑owner‑occupied STVR licenses included; 6,879 square feet on a 0.165‑acre site
More about this property
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