Prime value-add 4-unit investment opportunity in Savannah’s highly sought-after Starland District. Located at 309 W 41st Street, this multi-family property features four spacious units, each offering 4 bedrooms and 1 bathroom, appealing to student housing, roommate-style living, or workforce housing demand.
The property totals approximately 5,358 square feet and has a strong rental history, with each unit currently generating around $2,000/month, providing immediate in-place income with upside potential.
Zoned TN-2, this property offers flexibility for continued multifamily use and future development opportunities. A key highlight is the .07-acre off-street parking lot, which presents a potential value-add opportunity for expansion, additional units, or increased density.
Situated in the heart of the Starland District, one of Savannah’s fastest-growing and most desirable neighborhoods, the property benefits from proximity to SCAD, downtown, dining, retail, and entertainment—driving consistent rental demand and long-term appreciation.
Ideal for investors seeking strong cash flow, large unit configurations, and development upside in a high-growth Savannah location.
Features
16 bedrooms
4 bathrooms
5358 sq. ft. floor area
crop_free8102 sq. ft. lot size
cottageDuplex
Property history for 309 West 41st Street
2014
Sold
$175,000
28 Mar 2014 by Chelsea Phillips, of Keller Williams Coastal Area Partners
Happy sellers in Savannah
94%
sentiment_very_satisfied
94% 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 3 reviews in Savannah over the last 12 months.
Local market activity for 16 bedroom duplexes in Savannah
Sold
For Sale
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