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1101 E 48th St, Savannah, GA, 31404

$1,000,000

Home List Price

$10,000*

Closing Credit

10 Bedrooms
4 Full Baths
5,112 SqFt
$196/SqFt
Multi

Location

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1101 E 48th St, Savannah$1,000,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeQuadruplex
ParkingOff Street
Year Built1945
HeatingCentral, Electric
CoolingCentral Air, Electric
FireplaceDecorative
MLS #322150
Lot Size0.14 Acres
StatusActive

About 1101 E 48th St

Discover this fully updated brick quadplex in the sought-after Parkside neighborhood, just a short stroll from Daffin Park. Bursting with 1940s charm, each apartment offers a thoughtful layout that balances character and modern convenience. The main building at 1101 East 48th Street boasts two spacious apartments, each with 3 bedrooms, 1 bath, large living and dining rooms, and versatile sunrooms that double as the additional bedroom. The 3204-06 Waters Avenue building features two 2-bedroom, 1-bath apartments. Together, the two buildings offer over 5,100 square feet of living space. Additional features include: Separate utility meters for all units, All appliances included, Off-street parking for several vehicles and an on-site utility shed. This turnkey property is fully rented and nicely updated, making it a rare investment opportunity in a prime location. Don't miss your chance to own this exceptional multi-family property!

Property Details

Property Features

Property Information:

  • Architectural Style: Traditional
  • Year Built: 1945
  • Living Area: 5,112 SqFt

Listing Office:

  • Office Name: Engel & Volkers
  • Office Phone: (912) 238-0874
  • Listing Agent: Jessica L. Kelly

Interior Features

Interior Information:

  • Appliances: Dishwasher, Electric Water Heater, Oven, Range, Dryer, Refrigerator, Washer
  • Basement: No
  • Flooring Type: Hardwood, Tile
  • Interior: Ceiling Fan(s)
  • Fireplace: Decorative

Bedroom and Bathroom Information:

  • Full Bathrooms: 4
  • Total Bedroom Count: 10

Exterior Features

Parking Information:

  • Parking: Off Street

Lot Features

Lot Information:

  • Lot: Corner Lot, City Lot
  • Lot Size: 0.14 Acres

Utilities

Utilities Information:

  • Heating: Central, Electric
  • Cooling: Central Air, Electric

Other

Directions Information:

  • Directions: East 48th St at Waters Ave

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,000,000
  • Price Per SqFt: $196/SqFt

Tax Information:

  • Annual Amount: $5,399
  • Tax Year: 2020
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Housing Market Comparison

See how this home compares to others in Savannah, GA.

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Savannah, GA

City

Med. Sold Price

$364.5K

Med. Price/SqFt

$215

Avg. Days On Market

58

# of Sold Homes

230

1101 E 48th St vs Savannah

1 DAY ON ROCKET

-57 Days

$1,000,000

+$635.4K More

$196/SqFt

-$19 Less

KEY TAKEAWAY

This property is $635.4K more than the Median Sold Price and $19/SqFt less than other homes in Savannah, GA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: SAV
  • MLS Number: #322150

Listing Office:

  • Office Name: Engel & Volkers
  • Office Phone: (912) 238-0874
  • Listing Agent: Jessica L. Kelly

The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange program of the Savannah Multi-List Corporation. Real estate listings held by brokerage firms other than this broker are marked with the name of the listing brokers. The broker providing these data believes them to be correct, but advises interested parties to confirm them before relying on them in a purchase decision. All properties are subject to prior sale, change or withdrawal and some properties which appear for sale on this web site may subsequently have sold and may no longer be available.. Listing(s) information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Copyright 2024 Savannah Multi-List Corporation. All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 11/19/2024, 3:20:49 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Jan 11, 2018Home Sold
$333,000

Tax History

YEARPROP. TAXASSESSMENT
2020$5,399$121,840
2019$5,399$133,200
2018$2,111$139,440
2017$2,111$132,080

History based on county public records data.

Payment Calculator

$5,058

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$3,065

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-955148
7
/10

  • Jacob G. Smith Elementary School

  • 210 Lamara Dr

  • 1.01 miles

  • Public District Grades PK-5

school-card-donut-955149
3
/10

  • Andrea B. Williams Elementary School

  • 1150 Wheaton St

  • 1.47 miles

  • Public District Grades 1-5

school-card-donut-955150
3
/10

  • Shuman Elementary School

  • 415 Goebel Ave

  • 1.64 miles

  • Public District Grades 1-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $70,411. The majority of Savannah, GA residents have income between $35k-100k annually. Most families are single, no kids. Residents of this area typically have post secondary degree education.

All data provided by Home Junction and Claritas

Rocket Homes›Georgia›Chatham County›Savannah›31404›1101 E 48th St

This home is located at 1101 E 48th St in Savannah, GA and zip code 31404 in the Parkside neighborhood. This 5,112 square foot home, which was built in 1945, sits on a 0.14 acre lot. Features: 10 bedrooms, 4 bathrooms. It has been listed on Rocket Homes since November 18, 2024 and is currently priced at $1,000,000.

In October 2024, from all listings sold in Savannah, GA there were more than 40 sold above asking price, over 128 sold below and more than 60 were sold right at the asked price. The number of listings in Savannah, GA increased by 9% between September 2024 and October 2024. While the average time on the market in October 2024 was 58 days, the median list price was $364,570.

From Rocket Homes Real Estate and based on county public records data.

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