Coastal Georgia Homes Search Results

$1,189,000

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.

16 Beds ⋅ 4 Baths ⋅ SA352132 MLS

309 W 41st St, Savannah

Listing courtesy of Bare Real Estate.