111 W 48th ST, Savannah, GA 31405
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111 W 48th ST, Savannah, GA 31405
111 W 48th ST, Savannah, GA 31405
111 W 48th ST, Savannah, GA 31405
111 W 48th ST, Savannah, GA 31405
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East Pointe Real Estate Group

East Pointe Real Estate Group

East Pointe Real Estate Group

+1(919) 648-4850
$ 359,000
Est. payment /mo
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111 W 48th ST Savannah, GA 31405

2 Beds

2 Baths

984 SqFt

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Duplex

Listing Status Active

Purchase Type For Sale

Square Footage 984 sqft

Price per Sqft $364

Subdivision Wright Ward

MLS Listing ID SA358716

Bedrooms 2

Full Baths 2

HOA Y/N No

Year Built 1920

Lot Size 3,180 Sqft

Acres 0.073

Property Sub-Type Duplex

Source SAV

Property Description

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.

Location

State GA

County Chatham

Community Wright Ward

Zoning RIP

Direction 48th Street between Bull and Barnard

Interior

Heating Central, Electric

Cooling Central Air, Electric

Appliance Electric Water Heater

Building

Water Public

Level or Stories 1

Others

Tax ID 2008803009

Acceptable Financing Cash, Conventional, 1031 Exchange, FHA, VA Loan

Listing Terms Cash, Conventional, 1031 Exchange, FHA, VA Loan

Special Listing Condition Standard

Hive MLS / Savannah / Classic / (NCRMLS) / Cape Fear Realtors
Listed by Seabolt Real Estate

Nearby Locations

East Pointe Real Estate Group

East Pointe Real Estate Group

Firm | License ID: C18772

+1(919) 648-4850

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