Savannah Multi-Family Income
For Sale
$1,095,000
554 E McDonough Street, Savannah, GA 31401
MULTI_FAMILY - Other - Savannah, GA
Property Size2,394 SF
Lot Size0.03 Acres
Price / SF$457.39
Days on Market162
Property Features for 554 E McDonough Street
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Bedrooms
3
Bathrooms
4
Full bathrooms
3
Half bathrooms
1
Rooms
Bedroom 1, Bathroom 4, Bathroom 3, Bathroom 2, Bathroom 1, Bedroom 3, Bedroom 2
Appliances
Electric Water Heater
Subdivision
Minor Sub
Directions
On East Broad heading toward the river, cross Liberty St, Perry St, turn left on McDonough and home is on the right corner.
Standard status
Active
APN
2001407006
Size
2,394 SF
Lot size
0.03 Acres
Taxes and HOA fees
Tax Description
LOT B, CRAWFORD WARD, 3RD GMD, S AVANNAH
Legal Description
LOT B, CRAWFORD WARD, 3RD GMD, S AVANNAH
Utilities
Sewer type
Public Sewer
Heating system
Electric (Heating), Central
Cooling system
Electric, Central Air
Water source
Public
Building Details
Year built
2023
Floors in Building
3
Building materials
Brick
Architectural style
Other
Listing Agency:
BHHS Bay Street Realty Group
(912) 355-4171
Listed By:
Heather Booth · License #314371
(912) 401-9401
Added: Feb 18
Changed: Jul 18
Last Checked: Jul 30 at 1:06PM
MLS# SA349413
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 low-maintenance, three-story end unit is located steps from downtown eateries, theaters, parks, Eastern Wharf, and Plant Riverside. The property features a garden level 1-bed, 1-bath apartment with a separate entrance, and a 2-bed, 2.5-bath main house. The interior staircase allows utilization of both spaces together as a 3-bed, 3.5-bath unit. The property has custom touches such as floor-to-ceiling cabinets, quartz countertops, a large "waterfall" island, and wide oak flooring. The main level includes a large porch. The primary suite has room for a king bed and two side tables, a walk-in closet, and an ensuite bath. An additional bed and bath, and laundry are located on the 3rd floor, in addition to the laundry on the garden level. The property includes two off-street parking spaces with electric charging. The property is approximately 2394 square feet and sits on a lot of about 0.029 acres. The property is located in Savannah, GA 31401. The upstairs unit has an estimated executive rental income of $3200 per month, and the garden apartment has an estimated income of $1800 per month, for an annual potential as high as $60,000 per year. As an owner occupant, one is permitted to live in one space and rent the other as a short-term vacation rental. Furnishings are negotiable with some exclusions.
Key Highlights
- Three‑story end unit with a garden level 1 bed/1 bath apartment featuring a separate entrance
- Main home includes 2 bedrooms and 2 full baths plus 1 half bath, with an interior staircase connecting both levels
- Totals across connected use: 3 beds and 3.5 baths (additional laundry on the garden level and on the 3rd floor)
Property Analytics
Property Profile
Current Use
Lease Details
2
Residential units
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
4,131
Businesses Nearby
Explore this area
Business Placement
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
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Duplex - Three-story end unit near downtown with income potential.
Where is this duplex located?
The property is located at 554 E McDonough Street Savannah, GA.
What is the asking price?
The asking price for this property is $1,095,000.
What are key features of this property?
This property features: Three‑story end unit with a garden level 1 bed/1 bath apartment featuring a separate entrance; Main home includes 2 bedrooms and 2 full baths plus 1 half bath, with an interior staircase connecting both levels; Totals across connected use: 3 beds and 3.5 baths (additional laundry on the garden level and on the 3rd floor)
