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

$1,050,000 USD

Apartments For Sale • 5,016 SF

Property Details

Property Type Apartments
Total Building Size 5,016 SF
Lot Size 0.12 AC
Building Class C
Year Built 1900
Cap Rate 6.52 %
Zoning TN-1

40 Transit Score

90 Walk Score

                
                    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.

Property Flyers

301-303 E Henry OM

Financial Summary (Actual)

Net Operating Income: $68,500 USD (2025)

Cap Rate:	6.52 %
Total Expenses:	$20,300 USD

Public Transportation

Commuter Rail	Drive	Walk	Distance
Savannah (Palmetto - Amtrak, Silver Meteor - Amtrak, Silver Star - Amtrak)	9 min	-	4.1 mi
Airport	Drive	Walk	Distance
Savannah/Hilton Head International	21 min	-	11.5 mi
Hilton Head	61 min	-	38.2 mi

Parking Details

Parking Available:	Yes
Reserved:	No
Spaces Provided:	4
Type:	Surface
Included in Rent:	Yes

Brandon Fargo 912-433-1072 Keller Williams Realty Coastal Area Partners

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