For sale

$450,000

603 W 40th Street, Savannah, GA 31415

6beds

2,640sqft

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Triplex

Built in 1940

-- sqft lot

$425,700 Zestimate^®

$170/sqft

$-- HOA

What's special

Large fenced lotOn-site parkingSpacious triplexThree generously sized units

Investor Alert: Bring your contractor and your best offer. Value-add opportunity with serious upside. This spacious triplex features three generously sized units, on-site parking, and a large fenced lot positioned for future potential. With the added benefit of on-site parking and a large outdoor fenced in area, the property provides endless possibilities for customization, and potential for an additional unit (subject to zoning and city approval), creating a rare opportunity to increase density and income. Buyer to verify all development options. Conveniently situated near Thomas Square, downtown Savannah, SCAD, Enmarket Arena, and the Georgia Ports, this location offers unbeatable access to key attractions and amenities, including Forsyth Park and Daffin Park. This property is being sold as-is, presenting a fantastic opportunity for savvy investors to capitalize on a growing neighborhood. Bring your contractor, your vision, and your offer, this is where value gets created.

112 days

545

47

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Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 6
Bathrooms: 4
Full bathrooms: 3
1/2 bathrooms: 1

Heating

Central, Electric

Cooling

Central Air, Electric

Appliances

Included: Electric Water Heater, Oven, Range, Refrigerator
Laundry: In Kitchen, Washer Hookup, Dryer Hookup

Features

Basement: None
Common walls with other units/homes: 2+ Common Walls,No One Above,No One Below

Interior area

Total interior livable area: 2,640 sqft

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Property

Parking

Parking features: Garage, Parking Lot, Rear/Side/Off Street, On Street
Has uncovered spaces: Yes

Features

Patio & porch: Porch
Fencing: Wood,Privacy,Yard Fenced
Has view: Yes
View description: Panoramic

Lot

Size: 6,882 Square Feet
Features: Alley, Garden, Interior Lot, Level

Details

Parcel number: 2007326010
Zoning: TR1
Special conditions: Standard

Construction

Type & style

Home type: MultiFamily
Architectural style: Traditional
Property subtype: Triplex
Attached to another structure: Yes

Materials

Foundation: Raised, Slab
Roof: Asphalt

Condition

Year built: 1940

Utilities & green energy

Sewer: Public Sewer
Water: Public

Community & HOA

Community

Features: Park, Shopping, Sidewalks

HOA

Has HOA: No

Location

Region: Savannah

Financial & listing details

Price per square foot: $170/sqft
Date on market: 3/18/2026
Cumulative days on market: 440 days
Listing agreement: Exclusive Right To Sell
Listing terms: Cash,Conventional
Ownership type: Homeowner/Owner
Road surface type: Paved

Estimated market value

$425,700

$404,000 - $447,000

$1,395/mo

Price history

Date	Event	Price
3/18/2026	Price change	$450,000-9.8%$170/sqft
Source: Hive MLS #SA351527 Report a problem
12/2/2025	Price change	$499,000-9.1%$189/sqft
Source: Hive MLS #SA336745 Report a problem
9/15/2025	Listed for sale	$549,000-5.2%$208/sqft
Source: Hive MLS #SA336745 Report a problem
8/8/2025	Listing removed	$579,000$219/sqft
Source: Hive MLS #327978 Report a problem
6/5/2025	Price change	$579,000-3.3%$219/sqft
Source: Hive MLS #327978 Report a problem
3/25/2025	Listed for sale	$599,000-0.2%$227/sqft
Source: Hive MLS #327978 Report a problem
3/18/2025	Listing removed	$600,000$227/sqft
Source: Hive MLS #327020 Report a problem
3/7/2025	Listed for sale	$600,000+33.3%$227/sqft
Source: Hive MLS #327020 Report a problem
10/23/2023	Sold	$450,000+13.9%$170/sqft
Source: Hive MLS #SA297294 Report a problem
9/23/2023	Listed for sale	$395,000$150/sqft
Source: Hive MLS #297294 Report a problem

Public tax history

Tax history is unavailable.

Monthly payment

Est. payment

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All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.

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

Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.

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