$6,531 Closing Credit¹
#326625, Natalie Schroder, Listing office: Engel & Volkers
$579,000 List price
603 W 40th St Savannah, GA 31415
$6,876
Closing credit¹
6 beds
3 full, 1 partial
2,640 sqft
0.2 acres
$219 / sqft
Multi-Family
Property details
About 603 W 40th St
Don’t miss out on this prime investment property located in a revitalizing area. This spacious triplex features three generously sized units, offering ample space and potential for rental income. With the added benefit of on-site parking and a large outdoor fenced in area, the property provides endless possibilities for customization, expansion, or even adding an Accessory Dwelling Unit (ADU) for additional income. Conveniently situated near Thomas Square, downtown Savannah, SCAD, Enmarket Arena, and the Georgia Ports, this location offers unbeatable access to key attractions and amenities, including Forsyth Park and Daffin Park. This property is being sold as-is, presenting a fantastic opportunity for savvy investors to capitalize on a growing neighborhood. Bring all offers and make this triplex yours today!
Highlights
Home typeTriplex
HeatingCentral, Electric
StatusActive
CoolingCentral Air, Electric
Size2,640 sqft
Lot size0.158 Acres
Year built1940
ParkingGarage, Parking Lot, Rear/Side/Off Street, On Street
MLS #327978
Summary
- Partial Bathrooms: 1
- Full Bathrooms: 3
- Appliances: Electric Water Heater, Oven, Range, Refrigerator
- Basement: No
- Total Bedroom Count: 6
- Parking: Garage, Parking Lot, Rear/Side/Off Street, On Street
- Exterior: Porch
- Architectural Style: Traditional
- Heating: Central, Electric
- Cooling: Central Air, Electric
- List Price: $579,000
- Price/SqFt: $219
- Annual Tax Amount: $3,588
- Tax Year: 2022
- Lot: Garden, Interior Lot, Level
- Directions: From MLK Jr. Blvd. turn west onto W 40th St. and property is on the left.
- Year Built: 1940
- Living Area: 2,640 SqFt
- Lot Size: 0.158 Acres
- MLS Number: 327978
- MLS Name: SAV
- Office Name: McIntosh Realty Team LLC
- Office Phone: (912) 436-6551
- Office Email: sales@mcintoshrealtyteam.com
- Listing Agent: Sarah Sullivan
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: 6/22/2025, 10:45:28 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$579,000
603 W 40th St
$6,876
closing credit¹
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Price information
Property sales
| Date | Event | Price |
|---|---|---|
| Oct 24, 2023 | Home Sold | $450,000 |
| Jun 02, 2015 | Home Sold | $87,946 |
| Jun 02, 2015 | Home Sold | $87,946 |
| Jun 02, 2015 | Home Sold | $87,947 |
| Jun 02, 2015 | Home Sold | $87,947 |
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2024 | $72,520 | $- |
| 2022 | $72,520 | $3,588 |
| 2021 | $62,920 | $3,710 |
| 2020 | $22,120 | $1,329 |
| 2019 | $22,120 | $1,329 |
| 2018 | $22,120 | $648 |
| 2017 | $22,120 | $648 |
History based on county public records data.
Nearby schools
3
Gadsden Elementary School
Public District PK-5
0.8 mi
•919 May St
5
Butler Elementary School
Public District PK-5
1.2 mi
•1909 Cynthia St
7
Jacob G. Smith Elementary School
Public District PK-5
1.4 mi
•210 Lamara Dr
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 $24,630. Residents of Savannah, GA typically earn less than $<35k each year. The majority of families are single, no kids. The most common level of education of people living in this area is high school diploma.
How much money do the neighbors make?
63%
<35k
35%
35k-100k
2%
100k-200k
0%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
Masters Degree
What types of families live nearby?
57%
Single, No Kids
28%
Single, with Kids
7%
Married, No Kids
8%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
19%
<11 yrs old
11%
12-17 yrs old
26%
18-34 yrs old
37%
35-64 yrs old
7%
65+ yrs old
What do the neighbors do for fun?
UFC
NHRA Drag Racing- Pro Boxing
Where do the neighbors shop?
Family Dollar
Big Lots
Burlington
Where do the neighbors go to eat?
Burger King
Golden Corral
Popeyes
What do the neighbors drive?
Buick
Kia
Dodge
What do the neighbors listen to?
Urban Contemporary
Adult Standards
Jazz
All data provided by Home Junction and Claritas
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Frequently asked questions
About 603 W 40th St
The listing price of 603 W 40th St property is $579,000.
The property 603 W 40th St is a multi located in Savannah, Georgia, 31415.
Active Listing: 603 W 40th St is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 603 W 40th St are: Gadsden Elementary School (GreatSchools Rating 3/10), Butler Elementary School (GreatSchools Rating 5/10), Jacob G. Smith Elementary School (GreatSchools Rating 7/10), Susie King Taylor Community School (GreatSchools Rating 2/10), Ellis Elementary School (GreatSchools Rating 4/10), Derenne Middle School (GreatSchools Rating 2/10), Beach High School (GreatSchools Rating 2/10), Savannah Arts Academy (GreatSchools Rating 9/10), Savannah Classical Academy Charter High School (GreatSchools Rating 5/10).
According to the records, the last property tax for 2022 is $3,588 (source: MLS/based on county public records data).
The last sale was on October 24, 2023 for $450,000 (source: MLS/tax record).
The property 603 W 40th St is 2,640 SqFt (source: MLS/tax record).
The year of construction for 603 W 40th St is 1940.
This home is located at 603 W 40th St in Savannah, GA and zip code 31415 in the Cuyler / Brownville neighborhood. This 2,640 square foot home, which was built in 1940, sits on a 0.16 acre lot. Features: 6 bedrooms, 4 bathrooms. It has been listed on Rocket Homes since March 25, 2025 and is currently priced at $579,000.
In May 2025 more than 42 listings in Savannah, GA were sold above the asking price. During the same period more than 75 listings were sold at asking price, while more than 187 were sold below. The number of listings in Savannah, GA increased by 9.3% between April and May 2025. Listings spent 57 days on the market in May 2025, and had a median list price of $368,748 during the same period.
From Rocket Homes Real Estate and based on county public records data.