$1,900,000

505 E Mcdonough St Savannah, GA 31401

$10,000
Closing credit¹
5 beds
4 full
3,200 sqft
0.03 acres
$594 / sqft
Townhouse

Property details

About 505 E Mcdonough St

Ideally situated in the heart of Savannah's National Historic Landmark District, this bright, turnkey investment property overlooking Crawford Square features three high-performing, fully furnished, completely renovated short-term vacation rental units with strong rental histories and future reservations already on the books. Perfectly positioned on a quiet block within easy walking distance to Savannah’s best shops, art galleries and restaurants, this historic property includes three active non-owner occupied STVR permits for elegantly renovated garden-level, parlor-level and penthouse units. Highlights include beautifully upgraded kitchens and baths as well as stunning hardwood floors, original fireplaces, masterful millwork and large windows with abundant natural light. Don't miss out on this incredible investment opportunity!

Highlights

Home typeTownhouse
HeatingCentral, Electric
StatusActive
CoolingCentral Air, Electric
Size3,200 sqft
BasementYes
Lot size0.03 Acres
Year built1886
ParkingOn Street
MLS #325243
FireplaceDecorative, Living Room, Masonry, Other

Virtual tour

Summary

  • MLS Number: 325243
  • MLS Name: SAV
  • Office Name: Seabolt Real Estate
  • Office Phone: (912) 233-6609
  • Office Email: eseabolt@seaboltbrokers.com
  • Listing Agent: Staci M. Donegan

The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange program of the Savannah Multi-List Corporation. Real estate listings held by brokerage firms other than this broker are marked with the name of the listing brokers. The broker providing these data believes them to be correct, but advises interested parties to confirm them before relying on them in a purchase decision. All properties are subject to prior sale, change or withdrawal and some properties which appear for sale on this web site may subsequently have sold and may no longer be available.. Listing(s) information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Copyright 2025 Savannah Multi-List Corporation. All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 3/11/2025, 3:20:50 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Get an agent. Get a mortgage. Save big.¹

view of multi unit property

$1,900,000

505 E Mcdonough St

$10,000

closing credit¹

Sell your home with Rocket and save even more!

Seller rebate

0.5% sale price²

Price information

Property sales

DateEventPrice
Apr 14, 2023
Home Sold
$1,300,000
Mar 04, 2022
Home Sold
$1,160,000
Jun 30, 2015
Home Sold
$265,000
Jun 30, 2015
Home Sold
$265,000
Nov 14, 2006
Home Sold
$325,000

Tax history

YearAssessmentProperty Tax
2024$520,000$-
2022$241,960$10,018
2021$311,880$13,469
2020$311,880$13,820
2019$311,880$13,820

History based on county public records data.

Nearby schools

3

Andrea B. Williams Elementary School

Public District 1-5

0.9 mi

1150 Wheaton St

3

Gadsden Elementary School

Public District PK-5

1.2 mi

919 May St

3

Shuman Elementary School

Public District 1-5

1.5 mi

415 Goebel Ave

School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $35,978. The most common annual income of people living in Savannah, GA is less than $<35k. The most common type of family is single, no kids. The most common level of education of people living in this area is post secondary degree.

How much money do the neighbors make?

50%
<35k
35%
35k-100k
4%
100k-200k
11%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree
Masters Degree
Doctorate

What types of families live nearby?

78%
Single, No Kids
2%
Single, with Kids
16%
Married, No Kids
4%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

4%
<11 yrs old
2%
12-17 yrs old
39%
18-34 yrs old
45%
35-64 yrs old
10%
65+ yrs old

What do the neighbors do for fun?

  • Yoga/pilatesYoga/pilates
  • Continuing Education CoursesContinuing Education Courses
  • Skiing/snowboardingSkiing/snowboarding

Where do the neighbors shop?

  • H&MH&M
  • Express/Express For MenExpress/Express For Men
  • NordstromNordstrom

Where do the neighbors go to eat?

  • Dominos PizzaDominos Pizza
  • QdobaQdoba
  • California Pizza KitchenCalifornia Pizza Kitchen

What do the neighbors drive?

  • AudiAudi
  • VolkswagenVolkswagen
  • BMWBMW

What do the neighbors listen to?

  • AlternativeAlternative
  • Urban ContemporaryUrban Contemporary
  • Talk/PersonalityTalk/Personality
All data provided by Home Junction and Claritas

Similar homes for sale

Frequently asked questions

About 505 E Mcdonough St

This home is located at 505 E Mcdonough St in Savannah, GA and zip code 31401 in the North Historic District neighborhood. This 3,200 square foot home, which was built in 1886, sits on a 0.03 acre lot. Features: 5 bedrooms, 4 bathrooms. It has been listed on Rocket Homes since February 3, 2025 and is currently priced at $1,900,000.

While more than 33 listings in Savannah, GA in February 2025 were sold above asking price, there were more than 73 listings sold at asking price, and more than 130 were sold below. In February 2025 in Savannah, GA there were 13.3% more homes for sale than in January. The median list price of listings available in February 2025 was $369,844, while the average time on the real estate market was 65 days.

From Rocket Homes Real Estate and based on county public records data.

More resources