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About This Home

This 5-bedroom, 2-bathroom residential multi family at 223 W 38th Street in Savannah, GA is listed for $425,000 ($169 per sqft). Built in 1890, the home offers 2,515 sqft of living space on a 0.09 acres lot.

Agent Description

Located in the heart of Savannah, 223 West 39th Street presents a rare opportunity for homeowners, investors, and developers alike. Zoned TN-2 (Traditional Neighborhood-2), this property offers exceptional flexibility and long-term potential in a rapidly growing area.

TN-2 zoning is designed to support walkable, in-town living and allows for a variety of residential uses. With this designation, you have the ability to build or convert the property into single-family, duplex, or multi-family housing, making it ideal for generating rental income or creating a multi-unit investment.

The zoning also supports accessory dwelling units (ADUs), giving you the option to add a carriage house or garage apartment for additional income or guest space. Positioned on an oversized corner lot, the property provides ample room for expansion, redevelopment, or outdoor living enhancements.

Whether you're looking to renovate and hold, build new construction, or develop multiple units, the possibilities here are strong. Conveniently located just minutes from downtown Savannah, SCAD, hospitals, shopping, and dining, this property combines location, zoning flexibility, and investment potential a powerful combination in today's market.

Key Features

  • Built in 1890
  • 0.09 acre lot
  • 2 stories

Property Details

2 stories
2 full
1890

Monthly Cost Estimate

$2,273/mo

20% down · 6.5% · 30 years

Principal$307
Interest$1,842
Insurance$124

Estimates only. Actual payments may vary.

Location

223 W 38th Street

Savannah, GA 31401

Features & Amenities

Interior Features

Pull Down Attic Stairs

Property Details

Flooring

WoodCarpet

Construction

Frame Wood Siding

Parking

Off StreetOn Street

Heating

Forced Air

Appliances

Electric Water Heater

Questions & Answers

This 5-bedroom, 2-bathroom residential multi family at 223 W 38th Street is listed at $425,000 ($169/sqft). The estimated monthly payment is $1,842 based on 20% down at 6.5% interest.

Key features include: Built in 1890, 0.09 acre lot, 2 stories. Interior Features: Pull Down Attic Stairs.

This property is listed by Yolanda Owens and can be reached at 9125968584 or yowens@kw.com.

YO

Yolanda Owens

Agent at Keller Williams Coastal Area P

(912) 596-8584

Listed by Keller Williams Coastal Area P · View on Broker Site

MLS# SA353906· Source: listhub· Updated 2 days ago

Copyright © 2026 Hive MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

223 W 38th Street, Savannah, GA 31401

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