Backup offers
$5,926 Closing Credit¹
#320022, Wynn Martin, Listing Office: Eighteen O'Two Realty LLC
$600,000 List price
412 E 40th St Savannah, GA 31401
$7,125
Closing credit¹
4 beds
2 full
2,468 sqft
0.07 acres
$243 / sqft
Multi-Family
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
Home typeDuplex
HeatingCentral, Electric, Natural Gas
StatusActive
CoolingCentral Air, Electric, Gas
Size2,468 sqft
Lot size0.07 Acres
Year built1920
ParkingOn Street
MLS #328463
FireplaceDecorative
Virtual tour
Summary
- Full Bathrooms: 2
- Appliances: Dishwasher, Electric Water Heater, Ice Maker, Range, Refrigerator, Range Hood
- Flooring Type: Wood
- Fireplace: Decorative
- Total Bedroom Count: 4
- Parking: On Street
- Exterior: Balcony, Porch
- Architectural Style: Traditional
- Heating: Central, Electric, Natural Gas
- Cooling: Central Air, Electric, Gas
- List Price: $600,000
- Price/SqFt: $243
- Annual Tax Amount: $7,939
- Tax Year: 2022
- Lot: City Lot
- Directions: Turn onto Price from E. Victory, take a left on 40th Street. House is on the right
- Year Built: 1920
- Living Area: 2,468 SqFt
- Lot Size: 0.07 Acres
- 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
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: 5/10/2025, 12:20:29 PM 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
$600,000
412 E 40th St
$7,125
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 |
|---|---|---|
| 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. Most families are 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 April 1, 2025 and is currently priced at $600,000.
In April 2025 more than 45 listings in Savannah, GA were sold above the asking price. During the same period more than 60 listings were sold at asking price, while more than 161 were sold below. The inventory of homes for sale in Savannah, GA between March and April 2025 increased by 9.3%. Listings spent 57 days on the market in April 2025, and had a median list price of $369,558 during the same period.
From Rocket Homes Real Estate and based on county public records data.