#320022, Wynn Martin, Listing Office: Eighteen O'Two Realty LLC
412 E 40th St Savannah, GA 31401
Property details
About 412 E 40th St
Great INVESTMENT opportunity in the hottest area in town!! In fact, 'Southern Living' just named the Thomas Square Streetcar District the BEST neighborhood in ALL of the South for 2020. This beautifully updated DUPLEX offers 2 separate units featuring: refinished hardwood floors, original fireplaces, high ceilings, an abundance of natural light, spacious living areas, HUGE porches, laundry,etc. The property has had the same tenants in place for years or to MAXIMIZE income you could owner-occupy one side while AIRBNB/Short-term rental the other (as this property is located in 1 of the only 3 districts in the city of Savannah where vacation rentals are ALLOWED). Conveniently located near SCAD, restaurants shopping, Savannah Bananas, and all Downtown & Midtown Savannah have to offer!
Highlights
Virtual tour
Summary
- MLS Number: 328463
- MLS Name: SAV
- Office Name: Six Bricks LLC
- Office Phone: (912) 200-9044
- Office Email: info@sixbricksrealty.com
- Listing Agent: Chelsea Phillips
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Last updated on: 4/17/2025, 8:20:53 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$625,000
412 E 40th St
$7,422
closing credit¹
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0.5% sale price²
Price information
Property sales
Date | Event | Price |
---|---|---|
Oct 22, 2020 | Home Sold | $190,000 |
Tax history
Year | Assessment | Property Tax |
---|---|---|
2024 | $250,880 | $- |
2022 | $191,760 | $7,939 |
2021 | $76,000 | $3,149 |
2020 | $84,400 | $4,980 |
2019 | $78,560 | $4,980 |
2018 | $78,520 | $1,929 |
History based on county public records data.
Nearby schools
3
Gadsden Elementary School
Public District PK-5
1.2 mi
•919 May St
7
Jacob G. Smith Elementary School
Public District PK-5
1.2 mi
•210 Lamara Dr
3
Andrea B. Williams Elementary School
Public District 1-5
1.3 mi
•1150 Wheaton St
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $75,919. Residents of Savannah, GA typically earn less than $<35k each year. Residents typically live in single, no kids family. The most common level of education of people living in this area is post secondary degree.
Similar homes for sale
This home is located at 412 E 40th St in Savannah, GA and zip code 31401 in the Thomas Square neighborhood. This 2,468 square foot home, which was built in 1920, sits on a 0.07 acre lot. Features: 4 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since April 1, 2025 and is currently priced at $625,000.
Savannah, GA housing market in March 2025 saw over 53 listings sold above listed price, more than 79 sold at listed price and over 161 sold below. In March 2025 in Savannah, GA there were 15.2% more homes for sale than in February. The median list price of listings available in March 2025 was $370,237, while the average time on the real estate market was 50 days.