$2,500,000

97 & 115 Ivey Street, Richmond Hill, GA 31324

  • 32 beds |
  • 16 baths |
  • 15,600 sqft
  • Property Icon Multi-Family Home
  • Property Year Built Icon Built in 1977
  • Property Lot Size Icon0.46acre lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $160/sqft
  • Property List Date Icon Listed 4 months ago

Property Description

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.

Listing Status:
Active
Date Added:
October 20, 2025
Data Last Updated:
February 18, 2026 at 1:17AM
Listing Office:
Keller Williams Coastal Area P : 912-356-5001
MLS ID:
SA341906
  • Appliances: DishwasherElectric Water HeaterOvenRangeRefrigerator
  • Laundry: In Kitchen
  • Flooring: CarpetVinyl
  • A/C: Central AirElectric
  • Heating: CentralElectric
  • Parking: Parking Lot
  • General: Stucco
  • Originating MLS: SAV
  • County: Bryan
  • Zoning: 20GMD L#29 R HILL VILLAGE PS46:2270532 148
  • Water: Public
  • Sewer: Public Sewer
  • Source: SAV
  • Ownership: Homeowner/Owner

This listing courtesy of Keller Williams Coastal Area P

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

R

Richmond Hill Primary School

471 Frances Meeks Way, Richmond Hill, GA, 31324

Grades PK-1

0.38 miles away

R

Richmond Hill Middle School

503 Warren Hill Rd, Richmond Hill, GA, 31324

Grades 6-8

6.22 miles away

R

Richmond Hill High School

1 Wildcat Dr, Richmond Hill, GA, 31324

Grades 9-12

1.08 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.

Similar Listing

97 & 115 Ivey Street, Richmond Hill, GA 31324
Multi-Family Home For Sale

$2,500,000

  • 32 bed |
  • 16 bath |
  • 15,600 sqft |
  • 0.46 acre lot
97 & 115 Ivey Street Richmond Hill, GA 31324

#SA342091 - Keller Williams Coastal Area P