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111 W 48th St

Savannah GA 31405

2
2
984 sq. ft.
3180 sq. ft.
Duplex
Currently for sale - view listing

Overview

Located in the heart of Savannah’s rapidly growing Midtown/Starland corridor, 111 W 48th Street presents an outstanding investment opportunity with immediate cash flow. This fully leased duplex consists of two one-bedroom, one-bath residences currently generating $3,200 per month in rental income, or $38,400 annually. At an asking price of $359,000, the property offers compelling value for investors seeking stable returns in a high-demand location. Each unit has been thoughtfully renovated and features updated kitchens, modern finishes, durable flooring, exposed brick accents, and private fenced backyard spaces. Historic details such as original brick fireplaces and reclaimed wood elements blend seamlessly with contemporary updates, creating attractive living spaces that tenants love. Just steps from neighborhood favorites including Café Taureau, Late Air, and the vibrant restaurants, shops, and entertainment options of the Starland District, the property offers exceptional walkability and continued rental demand. Convenient access to downtown Savannah, SCAD, Memorial Health, and the Truman Parkway further enhances its appeal. Whether you're looking to expand your investment portfolio, execute a house-hack strategy, or secure a turnkey income-producing property in one of Savannah’s most sought-after neighborhoods, 111 W 48th Street is a rare opportunity to acquire a fully occupied asset with proven income from day one.

Features

2 bedrooms
2 bathrooms
984 sq. ft. floor area
3180 sq. ft. lot size
Duplex

Property history for 111 W 48th St

2019
Sold
$59,500
13 Aug 2019 by Dennis Logue, of Dempsey Logue Realty

Happy sellers in Savannah

80%
80% of sellers in Savannah reported that their sale price either exceeded or met their price expectations.

Savannah stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 28 reviews in Savannah over the last 12 months.

Local market activity for 2 bedroom duplexes in Savannah

In the last 12 months, 1 two-bedroom duplex similar to 111 W 48th St, have been sold.

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