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Sold for $485,000
  • $485,000

    1236 E 40th Street, Savannah, GA 31404

    4beds
    2,254sqft
    Duplex
    Built in 1933
    -- sqft lot
    $472,100 Zestimate®
    $215/sqft
    $3,883 Estimated rent

    Home value

    $472,100

    $434,000 - $510,000

    $3,883/mo

    Zestimate® history
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    $3,883/mo

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    $2,953/mo

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    What's special

    Incredible opportunity to own a turnkey duplex in Savannah's up and coming Live Oak neighborhood! 1236 E 40th St is currently generating $4,000/mo in gross rental income between a 3/2 main house at $2,500, a studio at $1,200, and a storage unit/garage at $300. The 3/2 lease expires 8/31 so you can owner-occupy or place your own tenant. This location is awesome - steps to Daffin Park, easy bicycle ride to downtown, two blocks from the new Waters Cafe and other just completed commercial redevelopments along the Waters Ave corridor, 20 minutes by car to Tybee Island and less than ten minutes to the hospitals. All of the residential and commercial redevelopment happening in this neighborhood means you can sleep well at night knowing that the value of your investment will be appreciating faster than most areas in the city, and brand new roof will lower your expenses over the coming years! Owner is a licensed real estate agent in Georgia.

    Zillow last checked:

    Listing updated:

    Listed by:

    Patrick Wilver 724-674-7652,

    Eighteen O'Two Realty LLC

    Bought with:

    Markens Pierre, 421990

    Eighteen O'Two Realty LLC

    Source: Hive MLS,MLS#: SA294027MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 4
    • Bathrooms: 3
    • Full bathrooms: 3
    Heating
    • Central, Electric, Wall Furnace
    Cooling
    • Central Air, Electric, Wall Unit(s)
    Appliances
    • Included: Electric Water Heater
    Interior area
    • Total interior livable area: 2,254 sqft

    Property

    Lot
    • Size: 4,356 sqft
    Details
    • Parcel number: 2006230020
    • Zoning: R6

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Duplex
    Materials
    • Wood Siding
    Condition
    • Year built: 1933

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public

    Community & neighborhood

    Location
    • Region: Savannah

    HOA & financial

    HOA
    • Has HOA: No

    Other

    Other facts
    • Listing agreement: Exclusive Right To Sell
    • Listing terms: Cash,Conventional,1031 Exchange,FHA,VA Loan
    • Ownership type: Owner/Agent

    Price history

    DateEventPrice
    7/8/2026Listing removed$4,500$2/sqft
    Source: Zillow Rentals Report a problem
    5/12/2026Price change$4,500-10%$2/sqft
    Source: Zillow Rentals Report a problem
    5/6/2026Listed for rent$5,000$2/sqft
    Source: Zillow Rentals Report a problem
    4/20/2026Listing removed$5,000$2/sqft
    Source: Zillow Rentals Report a problem
    4/18/2026Listed for rent$5,000+11.1%$2/sqft
    Source: Zillow Rentals Report a problem
    2/18/2026Listing removed$4,500$2/sqft
    Source: Zillow Rentals Report a problem
    10/21/2025Listed for rent$4,500$2/sqft
    Source: Zillow Rentals Report a problem
    7/29/2025Listing removed$4,500$2/sqft
    Source: Zillow Rentals Report a problem
    6/2/2025Listed for rent$4,500$2/sqft
    Source: Zillow Rentals Report a problem
    5/21/2025Listing removed$4,500$2/sqft
    Source: Zillow Rentals Report a problem
    1/17/2025Listed for rent$4,500$2/sqft
    Source: Zillow Rentals Report a problem
    11/6/2024Listing removed$4,500$2/sqft
    Source: Zillow Rentals Report a problem
    10/11/2024Listed for rent$4,500$2/sqft
    Source: Zillow Rentals Report a problem
    10/1/2024Listing removed$4,500$2/sqft
    Source: Zillow Rentals Report a problem
    7/13/2024Price change$4,500-13.5%$2/sqft
    Source: Zillow Rentals Report a problem
    6/25/2024Price change$5,200-5.5%$2/sqft
    Source: Zillow Rentals Report a problem
    5/12/2024Price change$5,500+5.8%$2/sqft
    Source: Zillow Rentals Report a problem
    4/8/2024Price change$5,200-5.5%$2/sqft
    Source: Zillow Rentals Report a problem
    1/19/2024Listed for rent$5,500+37.5%$2/sqft
    Source: Zillow Rentals Report a problem
    11/17/2023Listing removed--
    Source: Zillow Rentals Report a problem
    9/25/2023Listed for rent$4,000$2/sqft
    Source: Zillow Rentals Report a problem
    9/6/2023Sold$485,000-2.8%$215/sqft
    Source: Hive MLS #SA294027 Report a problem
    8/3/2023Listed for sale$499,000+111.4%$221/sqft
    Source: Hive MLS #294027 Report a problem
    1/31/2022Sold$236,000+61.7%$105/sqft
    Source: Public Record Report a problem
    1/27/2020Sold$145,940-2.6%$65/sqft
    Source: Hive MLS #SA216882 Report a problem
    12/6/2019Pending sale$149,900$67/sqft
    Source: Keller Williams Coastal Area Partners #216882 Report a problem
    12/2/2019Listed for sale$149,900$67/sqft
    Source: Keller Williams Coastal Area Partners #216882 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$3,504 +3%$121,720 +4%
    2024$3,401 +29.1%$117,040 +29.8%
    2023$2,633 +41.8%$90,160 +41.8%
    2022$1,857 +4.6%$63,600 +10.4%
    2021$1,775 +354.2%$57,600 +44.7%
    2020$391 +2.4%$39,800 -11.6%
    2019$382 -41.3%$45,000 +17.3%
    2018$650 +30.1%$38,360 -5.8%
    2017$500 -12.2%$40,720 +50.4%
    2016$569 -0.4%$27,080 +7.1%
    2015$572 -17.3%$25,280 -6.8%
    2014$691 $27,120 +0.6%
    2013-- $26,960 +4%
    2012-- $25,920 +36.7%
    2011-- $18,960 -56.3%
    2010-- $43,400
    2009-- $43,400
    2008-- $43,400 -23%
    2007-- $56,400 +166%
    2006-- $21,200 +82.8%
    2005-- $11,600 -15.9%
    2003-- $13,800 +15%
    2002-- $12,000 -15.5%
    2001-- $14,200

    Find assessor info on the county website

    Neighborhood: Live Oak

    Nearby schools

    GreatSchools rating
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