About 97 & 115 Ivey Street
Prime Multi-Family Investment - 16 Units in Richmond Hill, GA . 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 of 97 & 115 Ivey Street
| MLS® # | SA342091 |
|---|---|
| Price | $2,500,000 |
| Bedrooms | 32 |
| Full Baths | 16 |
| Square Footage | 15,600 |
| Acres | 0.46 |
| Year Built | 1977 |
| Type | Commercial Sale |
| Sub-Type | Multi Family |
| Status | Active |
Community Information
| Address | 97 & 115 Ivey Street |
|---|---|
| City | Richmond Hill |
| County | Bryan |
| State | GA |
| Zip Code | 31324 |
Amenities
| Is Waterfront | No |
|---|---|
| Has Pool | No |
Interior
| Appliances | Dishwasher, Electric Water Heater, Oven, Range, Refrigerator |
|---|---|
| Heating | Central, Electric |
| Cooling | Central Air, Electric |
| Fireplace | No |
| # of Stories | 2 |
Exterior
| Exterior Features | Other |
|---|---|
| Construction | Stucco |
Additional Information
| Date Listed | October 20th, 2025 |
|---|---|
| Days on Market | 109 |
| Foreclosure | No |
| Short Sale | No |
| RE / Bank Owned | No |
Listing Details
| Office | Keller Williams Coastal Area P |
|---|