New - 16 hours on Rocket
$7,956 Closing Credit¹
Taavo Roos, Listing Office: Seabolt Real Estate
$8,313
closing credit¹
412 E 40th St Savannah, GA 31401
$700,000 List price
$8,313
Closing credit¹
4 beds
2 full
2,468 sqft
0.07 acres
$284 / sqft
Multi-Family
Property details
About 412 E 40th St
Great INVESTMENT opportunity in the hottest area in town!! This darling duplex has been totally updated and features 2 separate units allowing for MAXIMUM income. Each unit with 2 bedrooms and 1 bathroom, spacious living areas, full kitchens, laundry, large bedrooms and private access to the backyard. Curb appeal galore with double front porches and all the Southern charm you could imagine. Refinished hardwood floors throughout, original fireplaces, high ceilings and tons of natural light fill this home. This is an investors DREAM and can bring in a potential income of $51,600 a YEAR as a long term rental property. Come see what this downtown duplex has to offer - are you ready to call this yours?
Highlights
Home typeDuplex
HeatingCentral, Electric, Natural Gas
StatusAccepting Backup Offers
(Active Under Contract)
(Active Under Contract)
CoolingCentral Air, Electric, Gas
Size2,468 sqft
Lot size0.07 Acres
Year built1920
ParkingOn Street
MLS #317769
FireplaceDecorative
Virtual tour
Summary
- MLS Number: 317769
- MLS Name: SAV
- Office Name: Six Bricks LLC
- Office Phone: (912) 200-9044
- Office Email: info@sixbricksrealty.com
- 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 2025 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: 1/18/2025, 5:20:53 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Get an agent. Get a mortgage. Save big.¹
$700,000
412 E 40th St
$8,313
closing credit¹
Sell your home with Rocket and save even more!
Seller rebate
0.5% sale price²
Price information
Property sales
| Date | Event | Price |
|---|---|---|
| Oct 22, 2020 | Home Sold | $190,000 |
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 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. The majority of Savannah, GA residents have income less than $<35k annually. Typical family type is single, no kids. Typical level of education for residents in this area is post secondary degree.
How much money do the neighbors make?
35%
<35k
33%
35k-100k
24%
100k-200k
8%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
Masters Degree
Doctorate
What types of families live nearby?
59%
Single, No Kids
10%
Single, with Kids
19%
Married, No Kids
12%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
12%
<11 yrs old
6%
12-17 yrs old
32%
18-34 yrs old
40%
35-64 yrs old
10%
65+ yrs old
What do the neighbors do for fun?
College Basketball
NBA/WNBA
Hiking/backpacking
Where do the neighbors shop?
Dillards
Express/Express For Men
Nordstrom Rack
Where do the neighbors go to eat?
Logan's Roadhouse
Starbucks
Chipotle
What do the neighbors drive?
Hyundai
Pontiac
Mazda
What do the neighbors listen to?
Rock
Urban Contemporary
Rhythmic Contemporary Hits
All data provided by Home Junction and Claritas
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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 August 24, 2024 and is currently priced at $700,000.
In December 2024, from all listings sold in Savannah, GA there were more than 45 sold above asking price, over 147 sold below and more than 65 were sold right at the asked price. In December 2024 in Savannah, GA there were 1.3% less homes for sale than in November. Listings spent 89 days on the market in December 2024, and had a median list price of $365,111 during the same period.
From Rocket Homes Real Estate and based on county public records data.