118 E Gaston Street, Savannah, GA 31401
Local realty services provided by:Better Homes and Gardens Real Estate Elliott Coastal Living
118 E Gaston Street,Savannah, GA 31401
$2,750,000
- 8 Beds
- 5 Baths
- 5,920 sq. ft.
- Multi-family
- Active
Listed by: matthew randolph
Office: lighthouse realty professional
MLS#:SA346210
Source:NC_CCAR
Price summary
- Price:$2,750,000
- Price per sq. ft.:$464.53
About this home
Built in 1882 by renowned builder J.J. Hale, this exceptional four-story property offers a rare opportunity to own a premier multi-family residence just steps from Forsyth Park. Seamlessly blending historic grandeur with modern upgrades, the property is configured into three distinct living spaces, providing unmatched flexibility for investors, owner-occupants, or luxury short-term rental strategies.
The main residence spans three levels and showcases 5 spacious bedrooms, 2.5 baths, soaring ceilings, elegant period details, and thoughtfully updated finishes throughout. The garden-level apartment offers a private 2-bedroom, 1-bath residence ideal for rental income, guests, or extended family. Completing the property is a separate carriage house above the private off-street garage, featuring a stylish 1-bedroom, 1-bath suite with excellent income potential.
Full Non-Owner-Occupied STVR certificates provide exceptional flexibility — live in one unit while generating income from the others, or operate all units as luxury short-term rentals. The property may also be conveyed fully furnished, offering a true turnkey opportunity.
Located in Savannah’s most coveted downtown corridor, 118 E Gaston is moments from acclaimed dining, shopping, and cultural landmarks. This is a rare chance to acquire a historic, income-producing asset in one of the city’s strongest rental markets.
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Home facts
- Year built:1870
- Listing ID #:SA346210
- Added:2 day(s) ago
- Updated:January 11, 2026 at 11:33 AM
Rooms and interior
- Bedrooms:8
- Total bathrooms:5
- Full bathrooms:4
- Half bathrooms:1
- Living area:5,920 sq. ft.
Heating and cooling
- Cooling:Central Air
- Heating:Electric, Heating
Structure and exterior
- Year built:1870
- Building area:5,920 sq. ft.
- Lot area:0.07 Acres
Finances and disclosures
- Price:$2,750,000
- Price per sq. ft.:$464.53
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