301 E Henry St - Multi-Family FOR SALE


Savannah, GA 31401- Victorian District-East
$1,100,000 USD
912-433-1072
301 E Henry St, Savannah, GA for Sale
$1,100,000 USD
Multi-Family - FOR SALE
1/82
null | 6.23% Cap Rate

301 E Henry St
Savannah, GA 31401
Victorian District-East


HIGHLIGHTS

  • Rare Quadplex in Historic Downtown Savannah- Extremely limited supply of 4-unit multifamily assets in the urban core.
  • Prime Location Near SCAD - Walkable to Savannah College of Art & Design, driving consistent rental demand.
  • Strong In-Place Cash Flow (6.23% Cap) - Stabilized asset with $68,500 NOI and 0% vacancy.
  • Significant Value-Add Opportunity - Below-market rents with comps around $2,200/month, offering clear upside.
  • Minimal Capital Required - Recent upgrades completed; only light improvements needed to maximize rents.
  • High-Demand, Walkable Rental Market - Surrounded by dining, retail, and cultural amenities in a supply-constrained location.

OVERVIEW

301–303 E Henry St is a rare quadplex for sale in Downtown Savannah, GA, offering a prime multifamily investment opportunity near SCAD in one of the city’s most walkable and high-demand rental markets. This historic Savannah property features four spacious 2BR/1BA units totaling 5,016 SF, with recent upgrades including a new roof, updated flooring, and interior improvements, while maintaining its unique architectural character. With zero vacancy and strong in-place NOI, the asset provides immediate cash flow alongside significant value-add potential through below-market rents, as comparable units average ~$2,200/month. Ideal for investors seeking a Savannah income property, value-add multifamily, or turnkey rental investment, this property combines location, stability, and upside in the heart of Historic Downtown Savannah.

FOR SALE DETAILS

PRICE

$1,100,000 USD

PRICE/SF

$219 USD /SF

# OF UNITS

4

PRICE/UNIT

$275,000

CAP RATE

6.23%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

301-303 East Henry St

PROPERTY TYPE

Multi-Family

ADD'L SUBTYPES

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1900

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.12 AC

LAND SF

5,227 SF

ZONING

-

APN/PARCEL ID

20053 12010

ASK ABOUT THIS PROPERTY

Brandon FargoKeller Williams Realty Coastal Area PartnersMore Info
912-433-1072

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Brandon FargoKeller Williams Realty Coastal Area PartnersMore Info
912-433-1072

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.