$599,000

603 W 40th St Savannah, GA 31415

$7,113
Closing credit¹
6 beds
3 full, 1 partial
2,640 sqft
0.2 acres
$227 / 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: $599,000
  • Price/SqFt: $226
  • 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: 5/10/2025, 4:20:29 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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$599,000

603 W 40th St

$7,113

closing credit¹

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Price information

Property sales

DateEventPrice
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

YearAssessmentProperty 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.

All data from GreatSchools

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. Most families are single, no kids. Typical level of education for residents 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?

  • UFCUFC
  • NHRA Drag RacingNHRA Drag Racing
  • Pro BoxingPro Boxing

Where do the neighbors shop?

  • Family DollarFamily Dollar
  • Big LotsBig Lots
  • BurlingtonBurlington

Where do the neighbors go to eat?

  • Burger KingBurger King
  • Golden CorralGolden Corral
  • PopeyesPopeyes

What do the neighbors drive?

  • BuickBuick
  • KiaKia
  • DodgeDodge

What do the neighbors listen to?

  • Urban ContemporaryUrban Contemporary
  • Adult StandardsAdult Standards
  • JazzJazz
All data provided by Home Junction and Claritas

Similar homes for sale

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 $599,000.

While more than 45 listings in Savannah, GA in April 2025 were sold above asking price, there were more than 60 listings sold at asking price, and more than 161 were sold below. The inventory of homes for sale in Savannah, GA between March and April 2025 increased by 9.3%. In April 2025 median list price was $369,558 and the average listing age was 57 days.

From Rocket Homes Real Estate and based on county public records data.

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