301-303 E Henry Street, Savannah, GA 31401
MULTI_FAMILY - Savannah, GA
- Added:
- Apr 6, 2026
- Days on Market:
- 77
- Last Refresh:
- Jun 21 at 10:06 pm
Property Features for 301-303 E Henry Street
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Zoning
- RBC
- Bedrooms
- 8
- Bathrooms
- 4
- Rooms
- Bedroom 3, Bedroom 4, Bathroom 1, Bathroom 2, Bedroom 5, Bathroom 4, Bedroom 6, Bedroom 2, Bedroom 8, Bathroom 3, Bedroom 1, Bedroom 7
- Appliances
- Gas Water Heater
- Standard status
- Active
- APN
- 2005312010
- Size
- 5,016 SF
- Lot size
- 0.12 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Description
- LOT 74 WHITE WD PRB 10P 184
- Tax Annual Amount
- 11535
Utilities
- Sewer type
- Public Sewer
- Heating system
- Natural Gas, Central
- Cooling system
- Central Air, Electric
- Water source
- Public
Building Details
- Year built
- 1900
- Floors in Building
- 2
- Number of units
- 4
- Building materials
- Frame
Listing agent Brandon Fargo License #416596 (912) 433-1072
Listing office Keller Williams Coastal Area P 329 Commercial Dr., Suite 100, Savannah, GA (912) 356-5001
Listing date Apr 6, 2026
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.
HighLights
- Prime downtown Savannah location near SCAD in a high‑demand rental market.
- Quadplex with four spacious 2BR/1BA units totaling 5,016 SF.
- Immediate cash flow with zero vacancy and strong in‑place NOI.
- Significant value‑add potential through below‑market rents (comparable units average ~$2,200/month).
- Recent upgrades including a new roof, updated flooring, and interior improvements.
- Historic property with unique architectural character.
Overview
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 | $81.3k | $16.20 |
| − Vacancy | −$5.3k | −$1.05 |
| EGI | $76.0k | $15.15 |
| − OpEx | −$22.8k | −$4.54 |
| NOI | $53.2k | $10.60 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Savannah
- County
- Chatham
- State
- Georgia
- Longitude
- -81.094375
- Latitude
- 32.062146
