$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 months 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:
July 8, 2026 at 12:18PM
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 $

Ready to Start a VA Loan?

Get Started Veterans United Home LoansNMLS #1907  †
Interest rates used in the VA mortgage calculator are shown for illustrative purposes only. Your rate may differ based on a variety of factors, including your credit score and the current market conditions. To get your personalized interest rate, start your quote online.

Location