309 W 41st St, Savannah, GA 31401

$1,189,000
: 16
BD
: 4
BA
: 5,358
SqFt

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List Price: $1,189,000
Status: ACTIVE
Days on Market: 119
MLS#: SA352132
Subtype: Residential Income
Year Built: 1910
Bedrooms: 16
Bathrooms: 4
Full Baths: 4
Living Area: 5,358
Lot Size: 8,102
Acres: 0.19
Subdivision: Lovell
Neighborhood: Lovell

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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.

201-456-2051

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