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$359,000
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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.
Full Property Details
Full Property Details for 111 W 48th St
General
- Price: $359,000
- Status: Under Contract
- Type: Duplex
- Source: 2253
- MLS ID: SA358716
- Updated: 6/25/2026
- Added to Site: 22 day(s) ago
Interior
- Appliances: Electric Water Heater
Rooms
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 2
Bedrooms
- Total Bedrooms: 2
Location
- County: Chatham
- Subdivision: Wright Ward
- Driving Directions: 48th Street between Bull and Barnard
Heating & Cooling
- Air Conditioning: Yes
- Cooling Type: Central Air, Electric
- Heating Type: Central, Electric
Utilities
- Sewer: Public Sewer
- Water: Public
Structural Information
- Square Feet: 984
- Sq. Ft. Source: Assessor
- Year Built: 1920
Lot Features
- Lot Size (Acres): 0.073
- Lot Size (Sq. Ft.): 3,180
- Zoning: RIP
Financial Considerations
- For Sale: Yes
- Terms: Cash, Conventional, 1031 Exchange, FHA, VA Loan
Disclosures and Reports
- Ownership: Homeowner/Owner
- Special Conditions: Standard
- Legal Description: LT 11 + THE E 10 FT OF LT 12 WRI GHT WD
- Property ID: 2008803009
- Lot Number: 11
Listed by Seabolt Real Estate, Taavo Roos
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Schools
Schools serving 111 W 48th St
School District:Savannah-Chatham County Public School System
| Name | Grades | Distance |
|---|---|---|
Hodge Elementary School 975 Clinch Street, Savannah, GA 31405 | PK-5 | 0.7 mi |
Derenne Middle School 1009 Clinch Street, Savannah, GA 31405 | 6-8 | 0.8 mi |
Beach High School 3001 Hopkins Street, Savannah, GA 31405 | 9-12 | 0.8 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 111 W 48th St
Date
Details
Price
Change
Source
6/19/2026
Listed
$359,000
503.36%
MLS
8/13/2019
Sold
$59,500
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 111 W 48th St
Year
Property Taxes
Change
Tax Assessment
Change
2025
$1,785
4%
$62,000
114%
2021
$1,710
-8%
$29,000
-16%
2022
$1,868
9%
$34,320
53%
2021
$1,710
28%
$22,480
5%
2020
$1,335
169%
$21,440
18%
2017
$496
—
$18,200
8%
2017
$496
—
$16,920
-1%
2016
$497
-4%
$17,080
-3%
2015
$516
-4%
$17,640
-5%
2013
$539
—
$18,560
—
2013
$539
—
$18,640
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 111 W 48th St
111 W 48th Street, Savannah, GA 31405 (MLS# SA358716) is a Duplex property with 2 bedrooms and 2 full bathrooms. 111 W 48th Street is currently listed for $359,000 and was received on June 19, 2026. Want to learn more about 111 W 48th Street? Do you have questions about finding other Duplex real estate for sale in Savannah? You can browse all Savannah real estate or contact a Coldwell Banker agent to request more information.
