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.

Features
: Central, Electric
: Central Air, Electric
: Parking Lot
: Carpet, Vinyl
: In Kitchen
Appliances
: Dishwasher, Refrigerator, Electric Water Heater, Range, Oven
Address Map
US
GA
Bryan
Richmond Hill
31324
Ivey
97 & 115
Street
W82° 41' 40.4''
N31° 56' 17.8''
From Ford Avenue, turn right onto Ivey Street and the buildings will be on your left.
MLS Addon
Keller Williams Coastal Area P
Heather Murphy
Yes
Yes
$0
Additional Information
: Stucco
1
2025-10-20
2
https://www.propertypanorama.com/instaview/sav/SA341906
https://www.propertypanorama.com/instaview/sav/SA341906
: Public
Listing Information
Ben Barksdale
BARKSDBE
850
Keller Williams Coastal Area P
MURPHYHE
850
Cash,Conventional
Withdrawn
2026-05-03T20:11:23Z
HiveMLS
: Standard
2026-05-03T16:08:04Z

97 & 115 Ivey

97 & 115 Ivey Street, Richmond Hill, Georgia 31324

32 Bedrooms
16 Bathrooms
15,600 Sqft
0.46 Acre
$2,500,000
Listing ID #SA341906
Basic Details
Property Type : Residential Income
Listing Type : For Sale
MLS ID : 5f17095cb3220264a5f2136b53a7e5b1
Listing ID : SA341906
Price : $2,500,000
View : Panoramic
Bedrooms : 32
Bathrooms : 16
Lot Area : 0.46 Acre
Square Footage : 15,600 Sqft
Year Built : 1977
Status : Withdrawn
Full Bathrooms : 16
Property Attached Yn : 1
Property Sub Type : Multi Family
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