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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.
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
Monthly Cost Estimate
$2,273/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
223 W 38th Street
Savannah, GA 31401
Features & Amenities
Interior Features
Property Details
Flooring
Construction
Parking
Heating
Appliances
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.





















































