Historic Corner
225 W 41st Street Savannah, GA 31401
225 W 41st Street, Savannah, GA, 31401
$695,000
For Sale
Under Contract
$695,000
MULTI_FAMILY - Savannah, GA
Property Size2,704 SF
Lot Size0.08 Acres
Price / SF$257.03
Days on Market111
Property Features for 225 W 41st Street
General Information
- Property type
- Residential Multi Family
- Property subtype
- Duplex
- Zoning
- RIP
- Bedrooms
- 5
- Bathrooms
- 4
- Rooms
- Bathroom 3, Bedroom 4, Bedroom 5, Bathroom 1, Bathroom 4, Bedroom 2, Bathroom 2, Bedroom 3, Bedroom 1
- Parking features
- Off Street
- Appliances
- Electric Water Heater
- Standard status
- Active Under Contract
- APN
- 2007405001
- Size
- 2,704 SF
- Lot size
- 0.08 Acres
Taxes and HOA fees
- Tax Description
- LOT 59 & THE NORTHERN PT OF LOT 69 LOVELL WARD
Utilities
- Sewer type
- Public Sewer
- Heating system
- Central, Electric (Heating)
- Cooling system
- Electric, Central Air
- Water source
- Public
Building Details
- Year built
- 1900
- Floors in Building
- 2
- Number of units
- 2
Listing Agency
Seabolt Real Estate
(912) 233-6609
24 E Oglethorpe Avenue, Savannah, GA
Listed by
Taavo Roos · License #382783
(912) 429-6729
Added: Apr 2 Updated: Jul 18 at 7:22 am Checked: Jul 21 at 1:06 am
MLS# SA352724
Listing URL
Copyright © 2026 Hive MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This historic duplex offers two separate units on a bright corner lot. The downstairs unit includes 3 bedrooms and 2 bathrooms, with generous living spaces and a strong flow. The upstairs unit offers 2 bedrooms and 2 bathrooms, providing a flexible layout for multiple living arrangements. Throughout the property, original character elements are highlighted, including hardwood floors, high ceilings, large windows, and multiple decorative fireplaces. The duplex is being sold as is.
The property is located about two blocks from Starland Yard. It also benefits from a walkable setting with proximity to Starland, SCAD, and downtown.
Each unit retains classic architectural details with solid proportions and natural light, making the configuration well suited for tenants or owner-occupant scenarios.
The property is located about two blocks from Starland Yard. It also benefits from a walkable setting with proximity to Starland, SCAD, and downtown.
Each unit retains classic architectural details with solid proportions and natural light, making the configuration well suited for tenants or owner-occupant scenarios.
Key Highlights
- Classic Savannah duplex on a bright corner lot
- Downstairs unit: 3 bedrooms and 2 bathrooms with generous living space
- Upstairs unit: 2 bedrooms and 2 bathrooms
Local Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $43.8k | $16.20 |
| − Vacancy | −$2.8k | −$1.05 |
| EGI | $41.0k | $15.15 |
| − OpEx | −$12.3k | −$4.54 |
| NOI | $28.7k | $10.60 |
2,704 SF · lease $16.20/SF/yr · vacancy 6.50% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$409.6K
$358.4K – $477.8K
NOI $28,670 @ 7.0% cap · market cap 4.13%
Second Best
Apartment 5plus
$379.8K
$332.4K – $443.1K
NOI $26,588 @ 7.0% cap · market cap 3.83%
Theoretical Best
Warehouse
$2.53M
$2.21M – $2.95M
NOI $176,894 @ 7.0% cap · market cap 25.45%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Transcend Custom Homes
Construction Company
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FAQs
What type of property is this?
Duplex - Two-unit duplex on a bright corner lot featuring hardwood floors, high ceilings, and fireplaces in both residences.
Where is this duplex located?
The property is located at 225 W 41st Street Savannah, GA.
What is the asking price?
The asking price for this property is $695,000.
What are key features of this property?
This property features: Classic Savannah duplex on a bright corner lot; Downstairs unit: 3 bedrooms and 2 bathrooms with generous living space; Upstairs unit: 2 bedrooms and 2 bathrooms
