111 W 48th St, Savannah, GA 31405

$335,000
2
BD
2
BA
984
SqFt

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Sold Price
$335,000
List Price
$359,000
Status
CLOSED
MLS#
SA358716
Closing Date
Jul 24, 2026
Days on Market
35
Year Built
1920
Bedrooms
2
Bathrooms
2
Full-baths
2
Living Area
984
Acres
0.07
Neighborhood
Wright Ward

Property Description

Located in the heart of Savannah’s rapidly growing Midtown/Starland corridor, 111 W 48th Street presents an outstanding investment opportunity with immediate cash flow. This fully leased duplex consists of two one-bedroom, one-bath residences currently generating $3,200 per month in rental income, or $38,400 annually. At an asking price of $359,000, the property offers compelling value for investors seeking stable returns in a high-demand location. Each unit has been thoughtfully renovated and features updated kitchens, modern finishes, durable flooring, exposed brick accents, and private fenced backyard spaces. Historic details such as original brick fireplaces and reclaimed wood elements blend seamlessly with contemporary updates, creating attractive living spaces that tenants love. Just steps from neighborhood favorites including Café Taureau, Late Air, and the vibrant restaurants, shops, and entertainment options of the Starland District, the property offers exceptional walkability and continued rental demand. Convenient access to downtown Savannah, SCAD, Memorial Health, and the Truman Parkway further enhances its appeal. Whether you're looking to expand your investment portfolio, execute a house-hack strategy, or secure a turnkey income-producing property in one of Savannah’s most sought-after neighborhoods, 111 W 48th Street is a rare opportunity to acquire a fully occupied asset with proven income from day one.

Additional Information

Appliances
Electric Water Heater
Cooling
Central Air, Electric
Heating
Central, Electric
Water
Public

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Calculator source: Real Geeks

Listing courtesy of Seabolt Real Estate. Selling Office: Realty One Group Inclusion.

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