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Historic Apartment Building
For Sale
$4,225,000
Pending

816 818 Drayton St, Savannah, GA 31401

Renovated units feature hardwood floors, modern kitchens, and select porches overlooking Forsyth Park.

Property SizeContact for details
Days on Market151

Property Features for 816 818 Drayton St

General Information

Standard status Pending
Property subtype Multi-Family
Occupancy 100%

Additional Details

Multifamily Units 14

Amenities

porches

Building Details

Year Built 1896
Buildings 1
Listing Agency: Keller Williams Realty Coastal
Listed By: Brandon Fargo · License #416596
Source: Luxuryhomesinmetroatlanta
Added: Apr 5 Changed: Aug 28 Last Checked: Aug 25 at 7:06AM

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 Realty Coastal

Investment Insights

Based on property information with market context.

Built in 1896, this historic apartment property contains 14 units at 816-818 Drayton St. The residences combine original character with updates, including hardwood flooring, contemporary kitchens, and updated appliances. Many units include porches oriented toward views of Forsyth Park, while renovations preserve the building’s historic appeal.

The property is situated in Savannah near Forsyth Park, SCAD, downtown shopping and dining, and major hospitals. Occupancy is reported at 100%, providing an established rental operation in a central setting with convenient access to nearby cultural, retail, dining, and healthcare destinations.

Key Highlights

  • 14‑unit historic apartment building completed in 1896
  • 100% occupancy reported
  • Many units include porches with views of Forsyth Park

Property Analytics

Current Use

Apartment buildings

Suggested Use

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

14
Residential units
100%
Occupancy

Location Intelligence

Trade Area within ½ mile

1,849
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
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Frequently Asked Questions

What type of property is this?
Apartment building - Renovated units feature hardwood floors, modern kitchens, and select porches overlooking Forsyth Park.
Where is this apartment building located?
The property is located at 816 818 Drayton St Savannah, GA.
What is the asking price?
The asking price for this property is $4,225,000.
What are key features of this property?
This property features: 14‑unit historic apartment building completed in 1896; 100% occupancy reported; Many units include porches with views of Forsyth Park
More about this property
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