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215 W 40th St, Savannah, GA, 31401

$650,000

Home List Price

$7,719*

Closing Credit

4 Bedrooms
2 Full Baths
2,878 SqFt
$226/SqFt
Multi

Location

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215 W 40th St, Savannah$650,000

Buyer Closing Credits

$7,719*

1.25% Loan Amount

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Contact Us Phone Number1 (855) 200-2001

Property Highlights

Home TypeDuplex
ParkingOn Street
Year Built1920
HeatingNatural Gas, Other
CoolingElectric, Other
MLS #322255
Lot Size0.09 Acres
StatusActive

About 215 W 40th St

This versatile duplex, located just 1.5 miles from SCAD, is a prime opportunity for homeowners and investors alike! Soon to be vacant, it offers flexibility: live in one unit and rent the other for steady income, or update both units for a high-yield flip. Each unit features a spacious layout with abundant natural light, plus plenty of potential for value-adding improvements. With the freedom to select your own tenants or make custom upgrades, this property is ideal as a home that generates income or a smart investment in a highly desirable area near SCAD. Don’t miss this chance!

Property Details

Property Features

Property Information:

  • Year Built: 1920
  • Living Area: 2,878 SqFt

Listing Office:

  • Office Name: Six Bricks LLC
  • Office Phone: (912) 200-9044
  • Listing Agent: Chelsea Phillips

Interior Features

Interior Information:

  • Appliances: Gas Water Heater

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 4

Exterior Features

Exterior Information:

  • Exterior: Balcony

Parking Information:

  • Parking: On Street

Lot Features

Lot Information:

  • Lot: City Lot
  • Lot Size: 0.09 Acres

Utilities

Utilities Information:

  • Heating: Natural Gas, Other
  • Cooling: Electric, Other

Other

Directions Information:

  • Directions: South on Whitaker turn Right on 40th Street

Price Information

Listing Price Info

Price Summary:

  • List Price: $650,000
  • Price Per SqFt: $226/SqFt

Tax Information:

  • Annual Amount: $4,921
  • 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

$364.6K

Med. Price/SqFt

$215

Avg. Days On Market

52

# of Sold Homes

246

215 W 40th St vs Savannah

35 DAYS ON ROCKET

-17 Days

$650,000

+$285.3K More

$226/SqFt

+$10 More

KEY TAKEAWAY

This property is $285.3K more than the Median Sold Price and $10/SqFt more than other homes in Savannah, GA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: SAV
  • MLS Number: #322255

Listing Office:

  • Office Name: Six Bricks LLC
  • Office Phone: (912) 200-9044
  • Listing Agent: Chelsea Phillips

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: 12/20/2024, 2:20:53 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Dec 19, 2014Home Sold
$162,000
Dec 19, 2014Home Sold
$162,000
Feb 21, 2014Home Sold
$155,000

Tax History

YEARPROP. TAXASSESSMENT
2020$4,921$81,880
2019$4,921$81,880
2018$2,451$82,040
2017$2,451$83,600

History based on county public records data.

Payment Calculator

$3,312

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$2,015

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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-520127
3
/10

  • Gadsden Elementary School

  • 919 May St

  • 0.90 miles

  • Public District Grades PK-5

school-card-donut-520128
7
/10

  • Jacob G. Smith Elementary School

  • 210 Lamara Dr

  • 1.31 miles

  • Public District Grades PK-5

school-card-donut-520129
5
/10

  • Butler Elementary School

  • 1909 Cynthia St

  • 1.43 miles

  • Public District Grades PK-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $29,479. The majority of Savannah, GA residents have income less than $35k annually. Residents typically live in single, no kids family. Residents of this area typically have post secondary degree education.

All data provided by Home Junction and Claritas

Rocket Homes›Georgia›Chatham County›Savannah›31401›215 W 40th St

This home is located at 215 W 40th St in Savannah, GA and zip code 31401 in the Metropolitan neighborhood. This 2,878 square foot home, which was built in 1920, sits on a 0.09 acre lot. Features: 4 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since November 15, 2024 and is currently priced at $650,000.

In November 2024 more than 42 listings in Savannah, GA were sold above the asking price. During the same period more than 67 listings were sold at asking price, while more than 137 were sold below. In November 2024 in Savannah, GA there were 5.6% more homes for sale than in October 2024. While the average time on the market in November 2024 was 52 days, the median list price was $364,670.

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

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