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309 W 41st Street

Savannah, GA 31401
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Bed 16

Bed

Bath 4

Bath

SqFt5,358

Sqft

Acres0.19

Acre(Lot)

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 th e 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.

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Detail Ic Property Details

Property Type : Residential Income

Price : $1,189,000

AD Id : 76702675

MLS Id : SA352132

Beds : 16

Lot Size : 0.19 Acre

Living Area Size : 5,358

Year Built : 1910

County : Chatham

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Feature Features

  • Bedroom Information

    Total beds: 16

    Bathroom Information

    Total Baths: 4 Full Baths: 4

    Room Information

    Basement: Crawl Space
  • Flooring Information

    Hardwood, Vinyl
  • Interior Features

    Appliances: Dryer, Dishwasher, Electric Water Heater, Microwave, Oven, Range, Refrigerator, Washer
  • Heating & Cooling

    Has Heating: Yes Heating: Central, Electric Has Cooling: Yes Cooling: Central Air, Electric

  • Building Information

    Year Built: 1910 Construction Materials: Wood Siding Private Pool: No

  • Lot Information

    Main Square Feet: 0.186 Acres Lot Size Acres: 0.186 Lot Size Square Feet: 8102 Lot Description: City Lot

    Property Information

    Subdivision: Lovell Source Property Type: Residential Income Property SubType: Quadruplex Property Age: 116

  • Listing Price Information

    Listing Price: $1189000 Cash, Conventional, 1031 Exchange, Private Financing Available

  • Tax Information

    Parcel Number: 2007330002 Tax Year: 2025 Annual Tax: $6931

  • Parking Information

    Off Street, Parking Lot

  • Location Information

    Direction: Big blue quad near the cornet of W 41st and Montgomery Street. WaterSource: Public
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At $221.91 per sq.ft.,this listing is priced below average compared to other multifamily from Savannah.

The average multifamily price in Savannah is $498412.86 with avg. price / sq.ft of $2844.68.

The average multifamily price in Chatham County is $540257.14 with avg. price / sq.ft of $3659.00.

How much is this property worth?

Curious about this home's true market value? Use our free Home Evaluation Tool to instantly get a personalized Comparative Market Analysis (CMA) report. Make smarter, data-driven decisions before you buy.

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Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
1020 E Bolton Street #2, Savannah, GA, 31401 $500,000 4 4 1,632 1,632 SqFt
814-816 Ott Street, Savannah, GA, 31401 $399,000 4 2 1,865 1,865 SqFt
921 E Waldburg Street, Savannah, GA, 31401 $685,000 4 4 3,164 3,164 SqFt
923 E Park Avenue, Savannah, GA, 31401 $1,400,000 11 4 5,670 5,670 SqFt
924-926 E Duffy Street, Savannah, GA, 31401 $349,900 5 2 2,610 2,610 SqFt
806 E Park Avenue, Savannah, GA, 31401 $550,000 4 2 2,202 2,202 SqFt
902 E 34th Street, Savannah, GA, 31401 $795,000 4 4 3,644 3,644 SqFt
910 E 35th Street, Savannah, GA, 31401 $795,000 4 4 3,304 3,304 SqFt
52-56 E Broad Street, Savannah, GA, 31401 $4,500,000 9 12 7,100 7,100 SqFt
723 E Henry Street, Savannah, GA, 31401 $550,000 6 3 2,398 2,398 SqFt

The data relating to real estate on this website comes in part from the Internet Data Exchange program of Hive MLS. All information is deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change, or withdrawal. Neither listing broker(s) nor ByOwner shall be responsible for any typographical errors, misinformation, or misprints, and shall be held totally harmless from any damages arising from reliance upon these data. Copyright ©2026 Hive MLS LLC. All Rights Reserved.

ByOwner last updated this listing 04/06/2026 @ 14:11

MLS: SA352132 LISTED BY: Daniel Worsley, Bare Real Estate SOURCE: Hive MLS (North Carolina Regional)

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