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For sale
    • Price cut: $240K (1/8)
    $2,750,000

    118 E Gaston Street, Savannah, GA 31401

    8beds
    5,920sqft
    : 
    Single Family Residence
    Built in 1870
    2,874.96 Square Feet Lot
    $-- Zestimate®
    $465/sqft
    $-- HOA

    What's special

    Soaring ceilingsThoughtfully updated finishes throughoutPrivate off-street garageElegant period details
    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.
    70 days
    |
    1,702
    |
    75
    |

    Zillow last checked: 7 hours ago

    Listing updated: March 04, 2026 at 06:20am

    Listed by:

    Matthew Randolph 912-547-6635,

    Lighthouse Realty Professional

    Source: Hive MLS,MLS#: SA346755MLS LogoOriginating MLS: Savannah Multi-List Corporation

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      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 8
      • Bathrooms: 5
      • Full bathrooms: 4
      • 1/2 bathrooms: 1
      Heating
      • Central, Electric
      Cooling
      • Central Air, Electric
      Appliances
      • Included: Dishwasher, Electric Water Heater, Disposal, Microwave, Oven, Range, Dryer, Refrigerator, Washer
      • Laundry: In Hall, Laundry Room
      Features
      • Breakfast Area, Ceiling Fan(s), Entrance Foyer, High Ceilings, Other, Pull Down Attic Stairs, Recessed Lighting, See Remarks, Fireplace
      • Windows: Double Pane Windows
      • Attic: Pull Down Stairs
      • Number of fireplaces: 5
      • Fireplace features: Decorative, Family Room, Great Room, Living Room, Master Bedroom, Other
      • Furnished: Yes
      • Common walls with other units/homes: 1 Common Wall
      Interior area
      • Total interior livable area: 5,920 sqft
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      Property

      Parking
      • Total spaces: 1
      • Parking features: Attached, Garage Door Opener, Off Street
      • Garage spaces: 1
      Features
      • Stories: 4
      • Patio & porch: Covered, Patio, Porch, Balcony, Deck, Front Porch, Wrap Around
      • Exterior features: Balcony, Courtyard, Deck, Landscape Lights
      • Fencing: Privacy,Yard Fenced
      Lot
      • Size: 2,874.96 Square Feet
      • Features: Alley, Back Yard, City Lot, Garden, Interior Lot, Private
      Details
      • Parcel number: 2003245009
      • Zoning: RIPA
      • Zoning description: Mixed use,Multi Family
      • Special conditions: Standard
      • Other equipment: Air Purifier

      Construction

      Type & style
      • Home type: SingleFamily
      • Architectural style: Victorian
      • Property subtype: Single Family Residence
      • Attached to another structure: Yes
      Materials
      • Brick, Concrete
      • Foundation: Slab
      • Roof: Asphalt
      Condition
      • Year built: 1870

      Utilities & green energy

      • Sewer: Public Sewer
      • Water: Public
      • Utilities for property: Cable Available
      Green energy
      • Green verification: ENERGY STAR Certified Homes
      • Energy efficient items: Insulation, Windows

      Community & HOA

      Community
      • Features: Park, Shopping, Street Lights, Sidewalks, Trails/Paths
      • Subdivision: Calhoun Ward
      HOA
      • Has HOA: No
      Location
      • Region: Savannah

      Financial & listing details

      • Price per square foot: $465/sqft
      • Annual tax amount: $9,921
      • Date on market: 1/13/2026
      • Cumulative days on market: 227 days
      • Listing agreement: Exclusive Agency
      • Listing terms: Cash,1031 Exchange,Private Financing Available
      • Inclusions: Alarm-Smoke/Fire, Ceiling Fans, Dryer, Other-See Agt Remarks, Refrigerator, Washer
      • Ownership type: Homeowner/Owner
      • Road surface type: Asphalt
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        Estimated market value

        Not available

        Estimated sales range

        Not available

        Not available

        Price history

        Price history
        DateEventPrice
        1/8/2026Price change$2,750,000-8%$465/sqft
        Source: Hive MLS #SA346210 Report a problem
        11/2/2025Price change$2,990,000-6.3%$505/sqft
        Source: Hive MLS #SA335102 Report a problem
        9/26/2025Price change$3,190,000-3%$539/sqft
        Source: Hive MLS #SA335102 Report a problem
        8/15/2025Price change$3,290,000-2.9%$556/sqft
        Source: Hive MLS #SA335102 Report a problem
        7/24/2025Listed for sale$3,390,000+56.4%$573/sqft
        Source: Hive MLS #SA335102 Report a problem
        6/13/2022Sold$2,168,000-1.4%$366/sqft
        Source: Hive MLS #SA266776 Report a problem
        4/12/2022Contingent$2,198,000$371/sqft
        Source: Hive MLS #266776 Report a problem
        4/5/2022Listed for sale$2,198,000+84.7%$371/sqft
        Source: Hive MLS #266776 Report a problem
        6/16/2015Sold$1,190,000-4.8%$201/sqft
        Source: Hive MLS #SA132665 Report a problem
        5/21/2015Pending sale$1,250,000$211/sqft
        Source: Celia Dunn Sotheby's International Realty #132665 Report a problem
        2/21/2015Listed for sale$1,250,000+4.7%$211/sqft
        Source: Celia Dunn Sotheby's #132665 Report a problem
        6/25/2014Sold$1,194,000-4.5%$202/sqft
        Source: Agent Provided Report a problem
        3/20/2014Listed for sale$1,250,000$211/sqft
        Source: Celia Dunn Sotheby's #120676 Report a problem

        Public tax history

        Public tax history
        Tax history is unavailable.

        BuyAbility℠ payment

        Est. payment
        $15,829/mo
        Principal & interest
        $13904
        Property taxes
        $1925
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          Climate risks

          Neighborhood: South Historic District

          Getting around

          94 / 100
          Walker's Paradise
          88 / 100
          Very Bikeable

          Nearby schools

          GreatSchools rating

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