Tybee Island, GA Triplexes for sale

Updated: Apr 24

Flexible Multi-Unit Beach Home

1102 Lovell Avenue, Tybee Island, GA 31328

$1,175,000

3,258 sqft 0.11 AC lot

Built circa 1932 brick and cedar coastal home on Lovell Avenue with 6 bedrooms and 5 bathrooms
Flexible layout with 3 living areas: upper main residence plus lower‑level guest/rental accommodations
Lower level includes a 2‑bedroom, 1‑bath apartment with full kitchen, washer, and dryer, plus a separate 1‑bedroom, 1‑bath efficiency
Separate private entrances, dedicated parking, courtyard, and patio with fire pit for each lower‑level space
Updated kitchen with quartz countertops, gas cooktop, range hood, wine cooler, dishwasher, and 10‑foot peninsula with bar seating

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This listing looks promising.

Here's a quick look at some key insights for

1102 Lovell Avenue, Tybee Island, GA 31328

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Est. Cap Rate

2.9%
NOI ÷ price
Est. NOI

$35K
Annual
Price @ 7% Cap

$493K
Suggested
Property Type

Single Family Residence
Built 1932

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Updated: Apr 17

Triplex with Elevator and Parking

3 2nd Terrace Street, Tybee Island, GA 31328

$1,895,000

3,200 sqft

Three separate apartments at The Terraces gross over $250,000 annually (per public remarks).
Total renovation in 2006; units have been upgraded and furnishings replaced (per public remarks).
Elevator access to 2nd and 3rd level, plus parking for all three apartments (per public remarks).
Average about 80% occupancy each year (per public remarks).
Heating includes heat pump and central; cooling includes central air and electric cooling.

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Based on your search, we've compiled 6 Potential Opportunities for your consideration. Besides 2 Active listings in Tybee Island, GA, we suggest exploring several alternatives: 4 properties in Nearby Cities

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

Income-Generating Triplex with Carriage House

829 E 34th Street, Savannah, GA 31401

$899,900

4,605 sqft 0.08 AC lot

Fully occupied triplex includes three updated residences with private laundry and outdoor access.

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Brick Triplex with Detached Efficiency

1147 Graydon Street, Savannah, GA 31404

$389,900

2,765 sqft 0.06 AC lot

Brick duplex plus a detached 1-bedroom, 1-bath efficiency apartment, totaling three residential units.

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Three-Unit Residential Income Property

2203 Delesseps Avenue, Savannah, GA 31404

$415,000

2,440 sqft 0.20 AC lot

A three-unit setup with two-bedroom, one-bath layouts across a main house and rear carriage house duplex.

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Renovated Triplex Near Historic District

8-10 Mastick Street, Savannah, GA 31404

$715,000

3,281 sqft 0.18 AC lot

Fully renovated triplex near Savannah's Historic District, ideal for investors.

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Tybee Island, GA Triplexes Market Trends and Statistics

Explore 2 triplexes for sale in Tybee Island, GA on our real estate platform. These investment opportunities span a total of 6,458 square feet of properties for sale, with an estimated market value of $3,070,000.

Sale prices for three-family homes in Tybee Island, GA start at $1,175,000, averaging $1,535,000, and reaching up to $1,895,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

Neighborhood	Average Price
31328	$1.5M

Neighborhood

Average Price

31328

$1.5M

Tybee Island, GA Triplexes for Sale

1102 Lovell Avenue, Tybee Island, GA 31328

3 2nd Terrace Street, Tybee Island, GA 31328