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$360,000
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Property Description
Looking for the perfect bungalow? Check out this move-in ready 2BR/1BA beauty just 1/2 a block to Savannah's growing Waters Avenue corridor. Best value in the neighborhood available for a fully renovated home. Close to downtown and all things SCAD. Two blocks to Daffin Park! Low maintenance, fully detached single family for the cost of a condo and no HOA! An excellent alternative to purchasing a condo-offering more space, a private fully fenced yard, and no HOA fees-all at a price point often less than nearby one-bedroom condos in Thomas Square. Located just half a block from Waters Cafe, Good Fortune Market, Stacks Book Store, and Cast & Grey Botanicals. This is a vibrant thriving neighborhood offering beautiful bungalows in close proximity to downtown and SCAD. Daffin Park is 2 blocks away where you can enjoy green space, a community pool, tennis courts and the Savannah Bananas at Greyson Stadium. This adorable home is ideal for a first-time buyer, SCAD faculty or student or an investor seeking a strong rental opportunity. This is a turn key opportunity to live in a neighborhood that is close to all and offers an opportunity to build equity.
Full Property Details
Full Property Details for 1116 E 40th St
General
- Price: $360,000
- Taxes: $4,660 (24)
- Status: Active
- Type: Single Family
- Source: GAMLS_Atlanta
- MLS ID: 10795764
- Updated: 6/30/2026
- Added to Site: 110 day(s) ago
Interior
- Rooms/Areas: Family Room, Laundry, Office
- Interior Features: High Ceilings, Master On Main Level, Pull-Down Attic Stairs, Tile Bath
- Fireplace: Yes
- Number of Fireplaces: 1
- Fireplace(s): Living Room, Masonry, Living Room, Masonry
- Appliances: Dryer, Gas Water Heater, Microwave, Oven/Range (Combo), Refrigerator, Stainless Steel Appliance(s), Washer
Rooms
Bathrooms
- Total Bathrooms: 1
- Full Bathrooms: 1
- Main - Full Baths: 1
Bedrooms
- Total Bedrooms: 2
- Bedrooms Main: 2
Other Rooms
- Kitchen: Pantry, Solid-Surface Counters
- Laundry: In Kitchen
Additional Information
- Tennis: Yes
Exterior
- Exterior Features: Veranda
Parking
- Parking Features: None
Location
- County: Chatham
- Driving Directions: Travel East on Victory Drive. Turn left on Water's Ave. Turn right on 40th St. Property is on the left hand side.
School Information
- Elementary School: A B Williams
- Middle School: Hubert
- High School: Other
Community
- Assoc. Fees Include: None
Heating & Cooling
- Cooling Type: Central Air
- Heating Type: Central
Utilities
- Water/Sewer: Public Sewer
Structural Information
- Architectural Style: Bungalow/Cottage
- Construction Status: Updated/Remodeled
- Basement Desc.: Crawl Space
- Roof: Composition
- Stories/Levels: One
- Living Area: 1,070 Sq. Ft.
- Finished Total: 1,070 Sq. Ft.
- Finished Above Grnd: 1,070 Sq. Ft.
- Year Built: 1928
Lot Features
- Lot Size (Acres): 0.06
- Lot Size Range: .06
- Lot Size Source: Public Records
- Lot Description: City Lot, Level
Financial Considerations
- Tax Amount: $4,660.16
- Tax Year: 24
Disclosures and Reports
- Special Conditions: Historic
- Block: 6
- Lot Number: 30
Listing Courtesy of: Vylla Home
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Schools
Schools serving 1116 E 40th St
School District:Savannah-Chatham County Public School System
| Name | Grades | Distance |
|---|---|---|
Spencer Elementary School 1150 Wheaton Street, Savannah, GA 31404 | 1-5 | 1 mi |
Henderson E Formey Jr Early Learning Center 400 East Broad Street, Savannah, GA 31401 | PK-K | 1.4 mi |
Hubert Middle School 768 Grant Street, Savannah, GA 31401 | 6-8 | 1.1 mi |
The School Of Liberal Studies At Savannah High 400 Pennsylvania Avenue, Savannah, GA 31404 | 9-12 | 1.8 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 1116 E 40th St
Date
Details
Price
Change
Source
3/16/2026
Listed
$360,000
12.5%
MLS
7/24/2023
Sold
$320,000
—
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 1116 E 40th St
Year
Property Taxes
Change
Tax Assessment
Change
2025
$3,080
-4%
$140,600
81%
2022
$3,225
29%
$77,880
31%
2021
$2,503
—
$59,600
272%
2021
$2,503
1103%
$16,000
-51%
2020
$208
-56%
$32,360
20%
2017
$475
—
$27,040
67%
2017
$475
9%
$16,200
8%
2016
$436
15%
$14,960
16%
2015
$378
16%
$12,920
14%
2013
$326
—
$11,320
—
2013
$326
—
$11,280
—
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 1116 E 40th St
1116 E 40th Street, Savannah, GA 31404 (MLS# 10795764) is a Single Family property with 2 bedrooms and 1 full bathroom. 1116 E 40th Street is currently listed for $360,000 and was received on March 16, 2026. Want to learn more about 1116 E 40th Street? Do you have questions about finding other Single Family real estate for sale in Savannah? You can browse all Savannah real estate or contact a Coldwell Banker agent to request more information.

