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97 & 115 Ivey Street

Richmond Hill, GA 31324
  • $2,500,000
  • STATUS: Active Under Contract
  • ON SITE: 146 Days
  • MLS #: SA342091
Under Contract
UPDATED: 34 min ago
$2,500,000
  • 32
    BEDS
  • 0.46
    ACRES
  • 16
    BATHS
  • 0
    1/2 BATHS
  • 15,600
    SQFT
  • $160
    $/SQFT
Type:
Commercial
Built:
1977
County:

School Ratings & Info

Description

Prime Multi-Family Investment - 16 Units in Richmond Hill, GA . This rare offering includes two well-maintained 8-unit buildings for a total of 16 income-producing units, ideally suited for commercial investors or 1031 exchange buyers seeking reliable cash flow and long-term appreciation. Each unit features a 2 bedroom, 1 bath floor plan with a spacious living area and fully equipped dine-in kitchen, appealing to a broad tenant base. The property offers dedicated tenant parking and separate HVAC systems for each unit, helping reduce owner operating expenses and streamline management. Strategically located near major employers, two military bases, top rated schools, retail, dining, and primary transportation corridors, this asset benefits from consistent tenant demand and strong historical occupancy. The Richmond Hill market continues to demonstrate above-average rental stability and growth potential within coastal Georgia. The sale includes 115 Ivey Street (PIN 0532 148), providing scale and operational efficiency in a single acquisition. This investment delivers immediate income, stable returns, and long-term appreciation potential in one of the region’s most sought-after submarkets

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[Savannah Board of Realtors] logoThe data relating to real estate on this web site comes in part from the Internet Data Exchange program of Hive MLS LLC, and is updated as of 2026-03-16T22:07:55.45. All information is deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change, or withdrawal. Neither listing broker(s) nor RE/MAX Island Realty shall be responsible for any typographical errors, misinformation, or misprints, and shall be held totally harmless from any damages arising from reliance upon these data. © 2026 Hive MLS LLC
www.homesonhiltonhead.com/homes/169082448
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97 & 115 Ivey Street Richmond Hill, GA 31324

  • Price: $2,500,000
  • Status: Active Under Contract
  • On Site: 146 Days
  • Updated: 34 min ago
  • MLS #: SA342091
32
Beds
16
Baths
0
½ Baths
0.46
Acres
15,600
SQFT
$160
$/SQFT
1977
Built
County:
Bryan
Area:
Richmond Hill
Property Description
Prime Multi-Family Investment - 16 Units in Richmond Hill, GA . This rare offering includes two well-maintained 8-unit buildings for a total of 16 income-producing units, ideally suited for commercial investors or 1031 exchange buyers seeking reliable cash flow and long-term appreciation. Each unit features a 2 bedroom, 1 bath floor plan with a spacious living area and fully equipped dine-in kitchen, appealing to a broad tenant base. The property offers dedicated tenant parking and separate HVAC systems for each unit, helping reduce owner operating expenses and streamline management. Strategically located near major employers, two military bases, top rated schools, retail, dining, and primary transportation corridors, this asset benefits from consistent tenant demand and strong historical occupancy. The Richmond Hill market continues to demonstrate above-average rental stability and growth potential within coastal Georgia. The sale includes 115 Ivey Street (PIN 0532 148), providing scale and operational efficiency in a single acquisition. This investment delivers immediate income, stable returns, and long-term appreciation potential in one of the region’s most sought-after submarkets
Exterior Features

Construction Materials Stucco Exterior Features Other

Interior Features

Appliances DishwasherElectric Water HeaterOvenRangeRefrigerator Common Walls No One AboveNo One Below Cooling Central AirElectric Cooling YN Yes Flooring CarpetVinyl Heating CentralElectric Heating YN Yes Main Level Bathrooms 0 Security Features Other

Property Features

Association YN No Community Features Street LightsSidewalks Current Use ResidentialSingle Family Listing Terms CashConventional Owner Pays Common Area MaintenanceOther Property Attached YN Yes Property Sub Type Multi Family Property Sub Type Additional Multi Family Road Surface Type Asphalt Sewer Provider Public Sewer Special Listing Conditions Standard Water Source Public

Listing courtesy of Heather Murphy of Keller Williams Coastal Area P: 912-356-5001. © 2026 Hive MLS. All rights reserved.


[Savannah Board of Realtors] logoThe data relating to real estate on this web site comes in part from the Internet Data Exchange program of Hive MLS LLC, and is updated as of 2026-03-16T22:07:55.45. All information is deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change, or withdrawal. Neither listing broker(s) nor RE/MAX Island Realty shall be responsible for any typographical errors, misinformation, or misprints, and shall be held totally harmless from any damages arising from reliance upon these data. © 2026 Hive MLS LLC
 
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RE/MAX Island Realty
24 New Orleans Road, Suite 210
Hilton Head SC, 29928