$398,000
$52K PRICE DROP

Estimated payment $2,664/month

Total Views 7,386
2 Beds
1 Bath
730 Sq Ft
$545 Price per Sq Ft

Highlights

  • 83,200 Sq Ft lot
  • Subterranean Parking
  • Central Heating and Cooling System
  • No HOA
  • Cooling System Mounted In Outer Wall Opening
  • Asbestos

About This Home

Rare 1.91-Acre Infill Opportunity Bordering Savannah State – Approved for 6 New Homes. Nearly 2-acre parcel in Savannah is a rare and highly profitable development opportunity. Zoned RSF-6 and previously evaluated for subdivision, the site is ideal for builders looking to construct six single-family homes in a rapidly growing corridor just steps from the booming Savannah State University. Existing 2-bed, 1-bath home is livable, currently tenant-occupied, month-to-month lease, but the highest and best use is redevelopment. With public water and sewer available, flood zone X (no flood insurance required), and no HOA restrictions, this offers a clear path to maximizing value. Projected resale prices for new construction are approximately $350,000+ per home, creating strong ROI potential for investors and builders. $200k to $400k profit. Easy access to Truman Parkway, downtown Savannah, and area amenities. Property sold as-is. Buyer to confirm zoning and subdivision feasibility.

Listing Agent

Edward Yannett

Epique Realty License #349501 Listed on: 08/01/2025

Epique Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,851

Year Built

  • Built in 1940

Lot Details

  • 1.91 Acre Lot
  • 6 Pads in the community
  • Property is zoned RSF-6, Multi Family

Home Design

  • Block Foundation
  • Asphalt Roof
  • Asbestos

Interior Spaces

  • 730 Sq Ft Home
  • 2-Story Property
  • Washer and Dryer Hookup

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Parking

  • 1 Carport Space
  • Subterranean Parking

Schools

  • Juliette Gordan Low Elementary School
  • Myers Middle School
  • Johnson High School

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Central Heating and Cooling System
  • Wall Furnace
  • 220 Volts
  • Electric Water Heater
  • Cable TV Available

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 2012001025

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,851

Year Built

Built in 1940

Lot Details

0

Listing Details

  • GarageYN: No
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Year Built: 1940
  • ResoLaundryFeatures: Washer Hookup, Dryer Hookup
  • Ownership: Homeowner/Owner,Investor
  • ResoSpecialListingConditions: Standard
  • Architectural Style: Other
  • Carport Y N: Yes
  • Property Attached Yn: No
  • Tax Year: 2024
  • Master Plan Zoning: RSF-6
  • Property Sub Type Additional: Single Family Residence
  • Special Features: None

Interior Features

  • Appliances: Electric Water Heater
  • Common Walls: No Common Walls
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Stories: 2

Exterior Features

  • Roof: Asphalt
  • Waterfront: No
  • Acres: 1.91
  • Home Warranty: No
  • Construction Type: Asbestos
  • Foundation Details: Block

Garage/Parking

  • Parking Features: Underground

Utilities

  • Electric: 220 Volts
  • Sewer: Public Sewer
  • Cooling: Central Air, Electric, Wall Unit(s)
  • Cooling Y N: Yes
  • Heating: Central, Electric, Wall Furnace
  • HeatingYN: Yes
  • Utilities: Cable Available
  • Water Source: Public

Condo/Co-op/Association

  • Association: No

Schools

  • Middle Or Junior School: Myers

Lot Info

  • Land Lease Expiration Date: 2025-07-31
  • Land Lease: No
  • Lot Size Area: 1.91
  • Lot Size Sq Ft: 83200.0
  • Parcel Number: 2012001025
  • ResoLotSizeUnits: Acres
  • Zoning Description: Multi Family

Rental Info

  • Tenant Pays: Cable TV, Electricity, Gas

Tax Info

  • Tax Annual Amount: 6851.0

MLS Schools

  • Elementary School: Juliette Gordan Low
  • HighSchool: Johnson

Map

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $6,851 $178,760 $130,920 $47,840
2024 $6,851 $168,520 $130,920 $37,600
2023 $1,229 $100,720 $62,320 $38,400
2022 $1,103 $90,440 $62,320 $28,120
2021 $3,768 $87,120 $62,320 $24,800
2020 $2,741 $86,800 $62,320 $24,480
2019 $3,857 $86,800 $62,320 $24,480
2018 $3,318 $86,800 $62,320 $24,480
2017 $3,532 $86,440 $62,320 $24,120
2016 $2,453 $84,080 $62,320 $21,760
2015 $3,545 $85,000 $62,400 $22,600
2014 $4,762 $82,560 $0 $0
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/15/2025 09/15/25 Price Changed $398,000 -11.6% $545 / Sq Ft
08/01/2025 08/01/25 For Sale $450,000 +421.4% $616 / Sq Ft
11/27/2017 11/27/17 Sold $86,300 +3.7% $118 / Sq Ft View Prior Sale
10/28/2017 10/28/17 Pending -- -- --
10/18/2017 10/18/17 For Sale $83,200 -- $114 / Sq Ft
Source: Savannah Multi-List Corporation

Purchase History

Date Type Sale Price Title Company
Warranty Deed $86,300 --
Foreclosure Deed $103,788 --
Deed $179,500 --
Source: Public Records

Source: Savannah Multi-List Corporation

MLS Number: SA335602

Savannah Multi-List Corporation

APN: 2012001025