$1,189,000

309 W 41st Street, Savannah, GA 31401

  • 16 beds |
  • 4 baths |
  • 5,358 sqft
  • Property Icon Multi-Family Home
  • Property Year Built Icon Built in 1910
  • Property Lot Size Icon8,102sqft lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $222/sqft
  • Property List Date Icon Listed 3 days ago

Property Description

Prime value-add 4-unit investment opportunity in Savannah’s highly sought-after Starland District. Located at 309 W 41st Street, this multi-family property features four spacious units, each offering 4 bedrooms and 1 bathroom, appealing to student housing, roommate-style living, or workforce housing demand. The property totals approximately 5,358 square feet and has a strong rental history, with each unit currently generating around $2,000/month, providing immediate in-place income with upside potential. Zoned TN-2, this property offers flexibility for continued multifamily use and future development opportunities. A key highlight is the .07-acre off-street parking lot, which presents a potential value-add opportunity for expansion, additional units, or increased density. Situated in the heart of the Starland District, one of Savannah’s fastest-growing and most desirable neighborhoods, the property benefits from proximity to SCAD, downtown, dining, retail, and entertainment—driving consistent rental demand and long-term appreciation. Ideal for investors seeking strong cash flow, large unit configurations, and development upside in a high-growth Savannah location.

Listing Status:
Active
Date Added:
April 1, 2026
Data Last Updated:
April 4, 2026 at 5:15AM
Listing Office:
Bare Real Estate : 912-712-6606
MLS ID:
SA352132
  • General: Pull Down Attic Stairs
  • Appliances: DryerDishwasherElectric Water HeaterMicrowaveOvenRangeRefrigeratorWasher
  • Basement: Crawl Space
  • Flooring: HardwoodVinyl
  • A/C: Central AirElectric
  • Heating: CentralElectric
  • Parking: Off StreetParking Lot
  • General: Wood SidingCrawlspace
  • Road/Access: Public Road
  • Originating MLS: SAV
  • County: Chatham
  • Zoning: RIPLOT 62 AND WEST 30 FEET OF LOT 61 LOVELL WARD2007330002
  • Water: Public
  • Sewer: Public Sewer
  • Source: SAV
  • Ownership: Investor

This listing courtesy of Bare Real Estate

Monthly Payment

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

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Location

Schools Nearby

S

Susie King Taylor Community School

1709 Bull St, Savannah, GA, 31401

Grades KG-7

0.50 miles away

S

Susie King Taylor Community School

1709 Bull St, Savannah, GA, 31401

Grades KG-7

0.50 miles away

B

Beach High School

3001 Hopkins St, Savannah, GA, 31405

Grades 9-12

0.67 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.