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Sold on 12/21/2020

409 E 38th St, Savannah, GA 31405

$294,000

Last sold 12/21/2020 for $205K

  • 4

    bed

  • 2

    bath

  • 1,448

    Sqft ($142/Sqft)

Multi-family not for sale
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About 409 E 38th St

Property type Multi-family
Neighborhood
Year built 1923
HOA fee $0/month
Lot size 4,356 Sqft
Movoto estimate
Rental estimate
Property description
Amazing investment and income-producing opportunity in a prime Savannah location! This duplex is within close proximity to one of downtown Savannah’s most rapidly growing areas, The Starland District. The property features 2 units each with 2 bedrooms and 1 bath allowing you to live in one and rent out the other or rent out both units for an even greater income potential. The curb appeal of the expansive front porch and the original terra-cotta tiles are just the beginning of the original character and charm of this classic bungalow style, two apartment, property. Both units have great rental history.
Listed by
Listing Agent - Steffany P Farmer
Listing Agent Contact: (912) 303-8405
Listing Office - Better Homes and Gardens Real Estate Legacy
Source: Hive MLS mls logo
MLS#233832 • last updated 5 years ago
Movoto checked Hive MLS for data 7 minutes ago
Overview
Cooling/AC Central Air, Electric
Heating Central, Gas
Levels/Style Traditional
MLS # 233832
Virtual Tour N/A
SubType Duplex
Living Area 1448
Status Closed
Lot Size (Acres) 0.1
Lot Size (SqFt) 4356
Year Built 1923
HOA 2 Name BHGRE Legacy
Interior
Total # of Bathrooms 2
# of Full Baths 2
Total # of Bedrooms 4
Laundry Washer Hookup, Dryer Hookup
Appliances Dryer, Electric Water Heater, Oven, Range, Refrigerator, Washer
Exterior
Roof Metal
Foundation Raised
Construction Wood Siding
Parking Off Street, On Street
Lot Features City Lot, Interior Lot, Irregular Lot
Amenities / Utilities
Water Source Public
Location
APN 2-0064-42-003
Directions 38th Street Is Between Price And Habersham.
Multifamily Details
Total # of Buildings 1
Total # of Units 2
Lot/ Land Details
Road Frontage Public Road
Road Surface Asphalt
$294K
Range: $211K-$376K
Last 30 days 
Rental est.: $3,375/month
Gross rent multiplier: 5.1 - Great
  • Dec 2020
    mls logo MLS # 233832
  • Dec 22, 2020 Sold
    $205,000
  • Dec 21, 2020 Sold
    $205,000 (-4.7%)
  • Oct 14, 2020 Active
    —
  • Sep 24, 2020 Listed
    $215,000
  • Sep 24, 2020 Listed
    $215,000 (+43.3%)
  • Dec 2020
    Public Records
  • Dec 21, 2020 Sold
    $205,000
  • May 2011
    mls logo MLS # 75057
  • May 17, 2011 Withdrawn
    —
  • May 26, 2010 Listed
    $150,000
  • Apr 2007
    mls logo MLS # 29261
  • Apr 10, 2007 Sold
    $150,000
  • Mar 13, 2007 Listed
    $150,000
  • Apr 2007
    Public Records
  • Apr 9, 2007 Sold
    $150,000
  • Year Property taxes Tax assessment
  • 2022
    $3,529 +18.1%
    $85,240 +23.39%
  • 2021
    $2,987 -2.1%
    $69,080 +0.35%
  • 2020
    $3,051 +19.5%
    $68,840 +19.85%
  • 2019
    $2,552 -0.5%
    $57,440 +0.7%
  • 2018
    $2,565 +30.7%
    $57,040 +21.67%
  • 2017
    $1,962 -2.1%
    $46,880 -0.68%
  • 2016
    $2,005
    $47,200
  • 2015
    $2,005
    —
  • 409 E 38th St
    $205K
  • Mid-City
    $675K +14% y/y
  • 31405
    $404K -10% y/y
  • Savannah
    $394K 0% y/y
No chart available
Statistics calculated by Movoto

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3/10
Shuman Elementary School
public Grades 1-5
Chatham County School District
2/10
Hubert Middle School
public Grades 6-8
Chatham County School District
9/10
Savannah Arts Academy
public Grades 9-12
Chatham County School District
Source: GreatSchools.org © 2026. All rights reserved.

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