97 & 115 Ivey Street, Richmond Hill, GA 31324
Local realty services provided by:Better Homes and Gardens Real Estate Elliott Coastal Living
Listed by: heather murphy, ben barksdale
Office: keller williams coastal area p
MLS#:SA341906
Source:NC_CCAR
Price summary
- Price:$2,500,000
- Price per sq. ft.:$160.26
About this home
Prime Multi-Family Investment - 16 Units in Richmond Hill, GA with 100% occupancy. 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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Home facts
- Year built:1977
- Listing ID #:SA341906
- Added:115 day(s) ago
- Updated:February 10, 2026 at 11:17 AM
Rooms and interior
- Bedrooms:32
- Total bathrooms:16
- Full bathrooms:16
- Living area:15,600 sq. ft.
Heating and cooling
- Cooling:Central Air
- Heating:Electric, Heating
Structure and exterior
- Year built:1977
- Building area:15,600 sq. ft.
- Lot area:0.46 Acres
Finances and disclosures
- Price:$2,500,000
- Price per sq. ft.:$160.26
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