For sale

$149,900

318 Sherman Avenue, Savannah, GA 31405

2beds

672sqft

$1,118/mo

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Single Family Residence

Built in 1961

2,919 Square Feet Lot

$141,900 Zestimate^®

$223/sqft

$-- HOA

What's special

Thoughtfully updated homeNew roofMove-in-ready feelExtensive cosmetic updates throughoutModern improvements

Welcome to this thoughtfully updated home offering modern improvements and a move-in-ready feel. Renovated in 2021, the property received extensive cosmetic updates throughout, along with major upgrades including a new roof and HVAC system, providing added peace of mind for its next owner. Currently tenant occupied with a 12 month tenant at $1,400 a month ! With the major improvements already completed, this property offers a great opportunity for buyers seeking an updated home or investors looking to add to their portfolio. The home is currently tenant-occupied, providing potential for continued rental income.

4 days
57
1

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 2
Bathrooms: 1
Full bathrooms: 1

Heating

Central, Electric

Cooling

Central Air, Electric

Appliances

Included: Electric Water Heater
Laundry: Washer Hookup, Dryer Hookup

Interior area

Total interior livable area: 672 sqft

Property

Features

Has view: Yes
View description: Panoramic

Lot

Size: 2,919 Square Feet

Details

Parcel number: 2012901008
Zoning: R6
Special conditions: Standard

Construction

Type & style

Home type: SingleFamily
Architectural style: Traditional
Property subtype: Single Family Residence

Materials

Brick

Condition

Year built: 1961

Utilities & green energy

Sewer: Public Sewer
Water: Public
Utilities for property: Underground Utilities

Community & HOA

Community

Subdivision: Gain Sub

HOA

Has HOA: No

Location

Region: Savannah

Financial & listing details

Price per square foot: $223/sqft
Tax assessed value: $53,400
Annual tax amount: $914
Date on market: 9/2/2026
Listing agreement: Exclusive Right To Sell
Listing terms: ARM,Cash,Conventional,1031 Exchange,FHA,VA Loan
Ownership type: Investor
Tenant pays: Electricity, Gas, Sewer, Trash Collection, Water

Estimated market value

$141,900

$135,000 - $149,000

$1,353/mo

Price history

Date	Event	Price
9/2/2026	Listed for sale	$149,900+305.1%$223/sqft
Source: Hive MLS #SA362606 Report a problem
1/29/2021	Sold	$37,000+85%$55/sqft
Source: Hive MLS #SA237860 Report a problem
10/30/2020	Listed for sale	$20,000$30/sqft
Source: Penny Rafferty Realty #237860 Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$615 +2.7%	$21,360 +3.7%
2024	$599 +62.7%	$20,600 +63.5%
2023	$368 +50.7%	$12,600 +50.7%
2022	$244 +2.6%	$8,360 +8.3%
2021	$238 -2.4%	$7,720
2020	$244	$7,720
2019	$244 -47.5%	$7,720 +0.5%
2018	$464 -38.9%	$7,680 +22.3%
2017	$760 +61.5%	$6,280 +0.6%
2016	$471 +4.8%	$6,240 -3.7%
2015	$449 +73.4%	$6,480 +2.5%
2014	$259	$6,320
2013	--	$6,320 +2.6%
2012	--	$6,160 -24.1%
2011	--	$8,120 -32.6%
2010	--	$12,040 -16.4%
2009	--	$14,400 -4%
2008	--	$15,000 +13.6%
2007	--	$13,200 -1.5%
2006	--	$13,400 +26.4%
2005	--	$10,600 +17.8%
2003	--	$9,000 -8.2%
2002	--	$9,800 -2%
2001	--	$10,000