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Furnished Apartment Building
New
For Sale
$3,750,000

17 W Park Avenue, Savannah, GA 31401

Savannah, GA

Property Size6,879 SF
Price / SF$545.14
Days on Market6

Property Features for 17 W Park Avenue

General Information

Property type Residential Multi Family
Property subtype Single Family Attached
Bedrooms 10
Bathrooms 8
Full bathrooms 6
Half bathrooms 2
Rooms Bedroom 4, Bedroom 7, Bedroom 9, Bedroom 2, Bedroom 10, Bedroom 8, Bedroom 6, Bedroom 3, Bedroom 1, Bedroom 5
Subdivision Gallie
Standard status Active
Size 6,879 SF

Building Details

Year built 1930
Listing Agency: Engel & Volkers Savannah · Engel & Völkers
Listed By: Ridley Stallings · License #370720
Added: Aug 28 Changed: Aug 29 Last Checked: Sep 2 at 12:06AM
MLS# SA358106

Copyright © 2026 Engel & Völkers. 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 includes five furnished units arranged across a main house and a carriage house apartment. Four residences have recently received updated bathrooms and furnishings, while original character remains visible in the heart-pine floors, marble fireplaces, bay windows, and grand staircase. Energy-efficient improvements are also in place.

The property overlooks the south end of Forsyth Park in Savannah’s Historic Victorian District and includes a two-car garage plus two additional off-street parking spaces. Five non-owner-occupied STVR licenses accompany the property. Zoned TC-2 (Traditional Commercial-2), the site supports its current residential and STVR configuration and permits office, retail, restaurant, and lodging uses subject to City of Savannah requirements. A redevelopment across the street includes three office buildings and a 424-space public underground parking garage.

Key Highlights

  • 6,879‑square‑foot apartment property built in 1930
  • Five furnished units, including four in the main house and one carriage house apartment
  • Five non‑owner‑occupied STVR licenses included

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
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Apartment building - Historic furnished residences with off-street parking and TC-2 commercial zoning.
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: 6,879‑square‑foot apartment property built in 1930; Five furnished units, including four in the main house and one carriage house apartment; Five non‑owner‑occupied STVR licenses included
More about this property
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