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For sale
  • $950,000

    1323 E 48th Street, Savannah, GA 31404

    7beds
    3,009sqft
    : 
    $6,754/mo
    Get pre-qualified
    Triplex
    Built in 1930
    -- sqft lot
    $897,900 Zestimate®
    $316/sqft
    $-- HOA

    What's special

    Decorative fireplacePrivate fenced yardSeparate fenced yard spaceGleaming hardwood floorsDeep front porchOff-street covered parkingSeparate formal dining room
    Rare Income-Generating Jewel in Prime Parkside Location! Discover the perfect blend of historic Savannah charm and strong investment potential. Located just one block from vibrant recreation paths, pool, and sports fields of Daffin Park, this exceptional multi-family property features two separate buildings on a generous corner lot. It is an absolute dream for an investor looking for a turn-key income stream or an owner-occupant wanting a tenant to pay their mortgage! The house is gorgeous with a deep front porch leading you inside to a bright and airy 3-bedroom, 2-bath layout boasting gleaming hardwood floors, a sunny living room with a decorative fireplace, and a separate formal dining room. The interior features a beautifully renovated bathroom, a spacious laundry room with appliances, a newer central heating and air unit, and a massive floored attic brimming with expansion potential. It also enjoys its own private, fenced yard. Completely separate from the main house, the rear building features two independent units offering 2 bedrooms and 1 bathroom. The lower unit enjoys its own separate fenced yard space and covered porch and laundry room. With long-term stability and an exceptional location, the property commands an impressive $5,200 in total monthly rent. Off-street covered parking adds incredible convenience for residents. Enjoy ultimate walkability and convenience, located just minutes from Grayson Stadium (home of the Savannah Bananas), Whole Foods, local hospitals, and historic downtown Savannah! This turnkey brick multi-family property is a true neighborhood standout that will not last long.
    13 days
    341
    11

    Zillow last checked:

    Listing updated:

    Listed by:

    Quintin Cowart 912-667-5585,

    Engel & Volkers

    Source: Hive MLS,MLS#: SA362629MLS LogoOriginating MLS: Savannah Multi-List Corporation

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 7
      • Bathrooms: 4
      • Full bathrooms: 4
      Heating
      • Electric, Window Unit
      Cooling
      • Electric, Window Unit(s)
      Appliances
      • Included: Electric Water Heater, Dryer, Refrigerator, Washer
      Features
      • Basement: Crawl Space
      Interior area
      • Total interior livable area: 3,009 sqft

      Property

      Parking
      • Total spaces: 2
      • Parking features: Off Street, On Street
      • Carport spaces: 2
      • Has uncovered spaces: Yes
      Features
      • Patio & porch: Front Porch
      • Pool features: Community
      • Fencing: Chain Link,Yard Fenced
      • Has view: Yes
      • View description: Panoramic
      Lot
      • Size: 6,299 Square Feet
      • Features: Alley, Corner Lot, City Lot, Garden
      Details
      • Parcel number: 2008510019
      • Zoning: R1
      • Special conditions: Standard

      Construction

      Type & style
      • Home type: MultiFamily
      • Property subtype: Triplex
      Materials
      • Brick
      • Foundation: Brick/Mortar, Concrete Perimeter, Crawlspace, Pillar/Post/Pier, Raised, Slab
      • Roof: Asphalt,Composition
      Condition
      • Year built: 1930

      Utilities & green energy

      • Electric: 220 Volts
      • Sewer: Public Sewer
      • Water: Public
      • Utilities for property: Cable Available

      Community & HOA

      Community
      • Features: Pool, Playground, Tennis Court(s), Curbs, Gutter(s)
      • Subdivision: Pierpont Ward
      HOA
      • Has HOA: No
      Location
      • Region: Savannah

      Financial & listing details

      • Price per square foot: $316/sqft
      • Tax assessed value: $245,500
      • Annual tax amount: $2,827
      • Date on market: 8/17/2026
      • Cumulative days on market: 13 days
      • Listing agreement: Exclusive Right To Sell
      • Listing terms: Cash,Conventional,1031 Exchange
      • Inclusions: Dryer, Refrigerator, Washer
      • Ownership type: Investor
      • Road surface type: Asphalt

        Estimated market value

        $897,900

        $853,000 - $943,000

        $2,719/mo

        Price history

        DateEventPrice
        8/17/2026Price change$950,000+24.2%$316/sqft
        Source: Hive MLS #SA362629 Report a problem
        7/31/2026Listing removed$2,400$1/sqft
        Source: Zillow Rentals Report a problem
        7/11/2026Listed for rent$2,400$1/sqft
        Source: Zillow Rentals Report a problem
        7/17/2024Listing removed--
        Source: Zillow Rentals Report a problem
        7/13/2024Listed for rent$2,400+9.1%$1/sqft
        Source: Zillow Rentals Report a problem
        4/27/2023Listing removed--
        Source: Zillow Rentals Report a problem
        4/23/2023Price change$2,199-2.3%$1/sqft
        Source: Zillow Rentals Report a problem
        4/22/2023Price change$2,250-2.1%$1/sqft
        Source: Zillow Rentals Report a problem
        4/19/2023Price change$2,299-2.4%$1/sqft
        Source: Zillow Rentals Report a problem
        4/17/2023Price change$2,355+0.2%$1/sqft
        Source: Zillow Rentals Report a problem
        4/15/2023Price change$2,350-2%$1/sqft
        Source: Zillow Rentals Report a problem
        4/8/2023Price change$2,399-2.1%$1/sqft
        Source: Zillow Rentals Report a problem
        4/7/2023Price change$2,450-2%$1/sqft
        Source: Zillow Rentals Report a problem
        3/30/2023Listed for rent$2,500+25%$1/sqft
        Source: Zillow Rentals Report a problem
        3/28/2023Pending sale$765,000+9.3%$254/sqft
        Source: Engel & Volkers #281358 Report a problem
        3/27/2023Sold$700,000-8.5%$233/sqft
        Source: Hive MLS #SA281358 Report a problem
        2/18/2023Pending sale$765,000$254/sqft
        Source: Engel & Volkers Report a problem
        2/18/2023Contingent$765,000$254/sqft
        Source: Hive MLS #281358 Report a problem
        2/7/2023Price change$765,000-3.8%$254/sqft
        Source: Hive MLS #281358 Report a problem
        12/23/2022Listed for sale$795,000$264/sqft
        Source: Hive MLS #281358 Report a problem
        11/12/2021Listing removed--
        Source: Zillow Rental Manager Report a problem
        10/26/2021Price change$2,000-16.7%$1/sqft
        Source: Zillow Rental Manager Report a problem
        6/22/2021Listed for rent$2,400$1/sqft
        Source: Zillow Rental Manager Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$2,827 -0.9%$98,200
        2024$2,853 -0.5%$98,200
        2023$2,868 +28.1%$98,200 +28.1%
        2022$2,238 +14.7%$76,640 +21%
        2021$1,952 -12.6%$63,320 -10.5%
        2020$2,233 $70,720
        2019$2,233 -46.8%$70,720 +5.6%
        2018$4,200 +5.4%$67,000 +1.3%
        2017$3,983 +47.3%$66,160 +2.8%
        2016$2,703 -40.1%$64,360 +2.5%
        2015$4,516 +28.9%$62,800 -0.4%
        2014$3,504 $63,080 -0.6%
        2013-- $63,440 -10.6%
        2011-- $70,960 -19.4%
        2010-- $88,080 -0.1%
        2009-- $88,200 -12.8%
        2008-- $101,200 +15.8%
        2007-- $87,400 +63.1%
        2006-- $53,600
        2005-- $53,600 +0.4%
        2003-- $53,400 +25.4%
        2002-- $42,600
        2001-- $42,600
        Find assessor info on the county website

        Monthly payment

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        Payment breakdown

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        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
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        Climate risks

        Neighborhood: Parkside

        Nearby schools

        GreatSchools rating

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