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Savannah Multifamily Renovation Opportunity
For Sale
$207,500

2118 E Gwinnett Street, Savannah, GA 31404

Two-unit multifamily property in Savannah, ideal for renovation and value-add.

Property Size2,630 SF
Price / SF$78.90
Days on Market204

Property Features for 2118 E Gwinnett Street

General Information

Standard status Active
Size 2,630 SF
Property subtype Multi-Family

Amenities

Fireplace

Building Details

Year Built 1980
Listing Agency: Keller Williams Coastal Area P
Listed By: Brandon Fargo · License #416596
Source: Kw
Added: Feb 11 Changed: Sep 3 Last Checked: Jul 15 at 8:37PM

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 Keller Williams Coastal Area P

Investment Insights

Based on property information with market context.

Located on E Gwinnett Street in Savannah, this two-unit multifamily property presents an opportunity for investors or flippers interested in value-add renovations. The building has a total area of 2,630 square feet and includes 4 bedrooms and 2 bathrooms. Each unit is designed for long-term rental or resale. Unit A requires a full renovation and features two bedrooms and one bathroom on the main level, along with a previously converted attic space that includes two additional bedrooms and one bathroom. The attic conversion will need to be brought up to code or reverted back to traditional attic use, and the interior staircase added in the living room will require replacement. Unit B is approximately 75% renovated, with major improvements already completed, including new sheetrock, flooring, kitchen cabinets with butcher block countertops, recessed lighting, and updated electrical with a new breaker box and wiring. Remaining work includes finishing the hallway ceiling, installing trim and baseboards, replacing windows and doors, completing bathroom fixtures, and installing a new back door. The property is 100% vacant, allowing a new owner to renovate and reposition without tenant disruption, making it well-suited for a value-add multifamily strategy in an established Savannah neighborhood.

Key Highlights

  • Two‑unit multifamily property ideal for investors or flippers.
  • Unit B is 75% renovated with new sheetrock, flooring, kitchen, lighting, and updated electrical.
  • 100% vacant, allowing for immediate renovation and repositioning.**

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Law Firm Real Estate Agency Spa & Massage Center Pharmacy Parking Lot & Garage Hair Salon

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

Location Intelligence

Trade Area within ½ mile

309
Businesses Nearby

Demographics for 31404, GA

31,530
Population
14,427
Households
2.2
Avg Household Size
35
Median Age
28%
College-Educated
89%
High-School Grad
13.7 sq mi
ZIP Area
2,301
Density / Sq Mi
$49,805
Median Household Income
$31,620
Median Earnings
$1,199
Median Rent
$193,100
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?
Duplex - Two-unit multifamily property in Savannah, ideal for renovation and value-add.
Where is this duplex located?
The property is located at 2118 E Gwinnett Street Savannah, GA.
What is the asking price?
The asking price for this property is $207,500.
What are key features of this property?
This property features: Two‑unit multifamily property ideal for investors or flippers.; Unit B is **75% renovated with new sheetrock, flooring, kitchen, lighting, and updated electrical.**; 100% vacant, allowing for immediate renovation and repositioning.**
More about this property
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