# 138 W 51st Street, Savannah, GA 31405

> **TL;DR:** 6bd/4ba residential multi family, $935,000 ($234/sqft), built 1950, 4,000 sqft.
> Hardwood, A/C. Est. $4,052/mo. Listed 10 days.

## Property at a Glance

| Attribute | Value |
|-----------|-------|
| Price | $935,000 |
| Price/sqft | $234 |
| Bedrooms | 6 |
| Bathrooms | 4 full |
| Square Feet | 4,000 |
| Year Built | 1950 |
| Lot Size | 6,316 sqft (0.14 acres) |
| Stories | 2 |
| Property Type | Residential Multi Family (Other) |
| Status | For Sale |
| Days on Market | 10 |

## Why This Home Stands Out

- **Hardwood Floors** - Throughout the home

## Estimated Monthly Costs

| Category | Amount |
|----------|--------|
| Mortgage (20% down, 6.5%) | $4,052 |
| **Total** | **$4,052** |

## Key Amenities

- Hardwood
- A/C

## Property Highlights

- Built in 1950
- 0.14 acre lot
- 2 stories

## Description

### Agent Description
Rare opportunity to acquire a fully occupied multifamily property in one of Savannah's fastest-growing areas just outside of the Historic Street Car District. This income-producing property features three 2BD/1BA units along with one 1BD/1BA unit with long-term tenants already in place, providing immediate cash flow from day one and current rental rates provide room for revenue enhancement while maintaining strong demand in this rapidly growing area. Located on Savannah's West Side, this property sits in the heart of an area experiencing significant growth and revitalization. Investors will appreciate the proximity to some of the city's most popular destinations, including Starland Yard, Ardsley Station, Victory North, and Two Tides Brewing Co. The property is also in close proximity to Savannah College of Art and Design facilities, including Montgomery House Residence Hall and Montgomery Hall, SCAD's hub for digital arts, gaming, and animation. Directly across the street, Byte Cafe serves students, faculty, and residents alike, further enhancing the area's appeal and long-term rental demand. Adding to the property's appeal, the property is zoned C-3, offering additional flexibility and potential for future redevelopment opportunities. Investors may also have the opportunity to assume the existing VA loan with an attractive 4% interest rate, subject to lender approval and qualification. Conveniently positioned on Montgomery Street, Midtown Savannah is just five minutes away, while Victory Drive provides quick access to Daffin Park in under ten minutes. One of Savannah's premier recreational destinations, Daffin Park offers a public pool, tennis courts, basketball courts, playgrounds, a dog park, walking trails, and Grayson Stadium, home of the world-famous Savannah Bananas. An exciting park expansion is also planned for 2027. Assumable VA Loan with 4% Interest Rate Available & C-3 Zoning Offers Future Development Potential

## Location

- **Address:** 138 W 51st Street, Savannah, GA 31405
- **County:** Chatham
- **Coordinates:** 32.047781, -81.108081
- **Google Maps:** https://www.google.com/maps?q=32.047781,-81.108081

## Listing Agent

- **Name:** Victoria Williams Adcock
- **Brokerage:** Seaport Real Estate Group
- **Phone:** 9124818379
- **Email:** victoria@seaportrealestate.com

## Primary Photo

![138 W 51st Street - Primary Photo](http://lh.rdcpix.com/0a4db9f6cd77e69727d6bcaded2e265cl-f3412932618r.jpg)

*43 total photos available on [listing page](https://www.propertysimple.com/listing/138-w-51st-street-savannah-ga-31405-sa352315)*

---

**MLS#:** SA352315 | **Updated:** 2026-06-19
**Source:** listhub

*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.*

[View on PropertySimple](https://www.propertysimple.com/listing/138-w-51st-street-savannah-ga-31405-sa352315)

---

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