An investor's Dream! Presenting a rare investment opportunity: a multi-family property, zoned RSF-6, which includes 2224 E 40th Street. This property spans across three lots, offering limitless potential for development or enhancement. The building features two well-appointed units, one w 2 BD/ 1.5 BA with a captivating large, picturesque 9-pane window and a stunning 3-sided fireplace! The other unit has 2 BD/ 1 BA and boasts an additional upstairs space, perfect for conversion into a 3rd BD, adding significant value to this 1943 classic. Each unit has original hard wood flooring and have approximately 1167 heated square footage each! Exuding the timeless charm that Savannah is renowned for and
located just minutes from the historic downtown and only 16 miles from Tybee Island, this property offers an unbeatable location. Opportunities like this are rare, so secure your appointment now before it is gone! SOLD AS-IS w NO WARRANTIES. Don't let this one slip by, call and schedule a tour!
Sold for $335,000
$335,000
2222 E 40th Street, Savannah, GA 31404
4beds
2,334sqft
Single Family Residence
Built in 1943
10,018.8 Square Feet Lot
$346,700 Zestimate®
$144/sqft
$2,686 Estimated rent
Home value
$346,700
$315,000 - $378,000
$2,686/mo
Zestimate® history
Owner options
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$2,686/mo
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$2,686/mo
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$2,040/mo
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$2,040/mo
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List your homeWhat's special
Zillow last checked:
Listing updated:
Listed by:
Rebecca R. Holcombe 912-412-6800,
Neighborhood Realty
Bought with:
Anna Grace Lowenthal, 425445
Engel & Volkers
Source: Hive MLS,MLS#: SA322673
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 3
- Full bathrooms: 2
- 1/2 bathrooms: 1
Heating
- Central, Electric, Floor Furnace, Natural Gas
Cooling
- Electric, Window Unit(s), Wall Unit(s)
Appliances
- Included: Electric Water Heater
- Laundry: Washer Hookup, Dryer Hookup
Features
- Ceiling Fan(s)
- Number of fireplaces: 1
- Fireplace features: Great Room, See Through, Wood Burning Stove
- Common walls with other units/homes: 1 Common Wall
Interior area
- Total interior livable area: 2,334 sqft
Property
Parking
- Total spaces: 1
- Parking features: Attached, Off Street, On Street
- Garage spaces: 1
- Has uncovered spaces: Yes
Features
- Patio & porch: Patio
- Exterior features: Courtyard
- Fencing: Yard Fenced
Lot
- Size: 10,018 sqft
- Features: Alley, Back Yard, City Lot, Garden, Private
Details
- Additional structures: Outbuilding
- Parcel number: 2007921006
- Zoning: R6
- Zoning description: Multi Family
- Special conditions: Standard
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Traditional
- Property subtype: Single Family Residence
- Attached to another structure: Yes
Materials
- Wood Siding
- Roof: Composition
Condition
- Year built: 1943
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
- Ownership type: Homeowner/Owner
- Road surface type: Asphalt
Price history
| Date | Event | Price |
|---|---|---|
| 12/18/2024 | Sold | $335,000-4.1%$144/sqft |
Source:  Hive MLS #SA322673 Report a problem | ||
| 12/3/2024 | Listed for sale | $349,500$150/sqft |
Source:  Hive MLS #322673 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $4,013 +2.6% | $139,400 +3.5% |
| 2024 | $3,913 +108.6% | $134,680 +109.7% |
| 2023 | $1,876 +12.9% | $64,240 +12.9% |
| 2022 | $1,662 +6% | $56,920 +11.9% |
| 2021 | $1,568 -4.2% | $50,880 -1.9% |
| 2020 | $1,637 -18.8% | $51,840 -18.8% |
| 2019 | $2,017 -42.9% | $63,880 +45.4% |
| 2018 | $3,532 +39.6% | $43,920 +16.3% |
| 2017 | $2,529 +60.5% | $37,760 -0.2% |
| 2016 | $1,575 +1% | $37,840 +7.1% |
| 2015 | $1,559 -24.5% | $35,320 -4.7% |
| 2014 | $2,067 | $37,080 -1.8% |
| 2013 | -- | $37,760 +2.7% |
| 2012 | -- | $36,760 -16.1% |
| 2011 | -- | $43,800 -16.4% |
| 2010 | -- | $52,400 -9% |
| 2009 | -- | $57,600 |
| 2008 | -- | $57,600 +34.6% |
| 2007 | -- | $42,800 |
| 2006 | -- | $42,800 |
| 2005 | -- | $42,800 +60.9% |
| 2003 | -- | $26,600 +4.6% |
| 2002 | -- | $25,420 |
| 2001 | -- | $25,420 |
Find assessor info on the county website
Neighborhood: Victory Heights
Nearby schools
GreatSchools rating
- 5/10Shuman Elementary SchoolGrades: 1-5Distance: 1.3 mi
- 3/10Hubert Middle SchoolGrades: 6-8Distance: 2.1 mi
- 3/10Johnson High SchoolGrades: 9-12Distance: 0.9 mi
Schools provided by the listing agent
- Elementary: Shuman
- Middle: Hubert
- High: Johnson
Source: Hive MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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$346,700
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- Georgia
- Chatham County
- Savannah
- 31404
- Victory Heights
- 2222 E 40th Street
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