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301-303 E Henry St, Savannah, GA, 31401

--beds
--baths
--sqft
$1,050,000
--price/sqft
$6,804/moest. monthly cost
$272,160/yrincome needed

About This Home

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.

Getting Around

90
WalkingWalker's Paradise
0
TransitVery Limited Transit
84
BikeVery Bikeable

Construction

Condition

  • Property condition: Resale
  • Year built: 1900

Materials

  • Construction materials: Other

Type & Style

  • Home type: MultiFamily
  • Property subType: Multi Family,Quadruplex

Interior

Basement

  • Basement: None

Heating & Cooling

  • Heating features: Central,Natural Gas
  • Cooling features: Central Air,Electric

Property

Details

  • Parcel number: 20053 12010

Features

  • Levels: Two
  • Stories: 2

Lot

  • Lot size: 5,227 sqft

Parking

  • Parking features: Assigned,Off Street,Side/Rear Entrance

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Hurricane
    HurricaneVery High
  • Heat Wave
    Heat WaveModerate
  • Lightning
    LightningModerate
  • Tsunami
    TsunamiInsufficient Data

How This Home’s Risks Compare

Hurricane
Heat Wave
Lightning
Tsunami

FEMA Declared Disasters Across Georgia Counties

Hurricane
Tropical Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $5,309$63,708
Home Insurance *$568$6,816
Property Taxes $708$8,496
Electricity $219$2,637
Total$6,804$81,648
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$233,280/yr
40% on housing$204,120/yr
45% on housing$181,440/yr

Georgia FAIR Plan Programs

Georgia Underwriting Association

Covered
WildfireWildfire
Add-on available
WindWind
Visit Website →

Georgia Underwriting Association - Coastal

Covered
HailHail
WindWind
Visit Website →
Current Policies
Residential: 8,778Commercial: 638
Total Premiums$16.25M
Total Exposure$2.20B

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 3.6%
3.6%
0%30.0%
Electricity Growth Rate10-year average: 5.5%
5.5%
0%15.0%
Property Taxes Growth Rate2-year average: 0.1%
0.1%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

--This listing

vs Other Active Listings

Avg $/sqft

ZIP 31401$367
Chatham County$225

vs Homes Sold Last Month

Median $/sqft

ZIP 31401$321
Chatham County$203

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-04-23Listed for sale$1,100,000
2024-02-14Sold$855,000
2024-01-17Pending sale$950,000
2024-01-12Listed for sale$950,000
2023-11-20Listing removed$875,000
2023-11-18Listed for sale$875,000
2023-10-19Listing removed--
2023-10-19Listed for sale$875,000
2023-10-12Pending sale$875,000
2023-10-12Listed for sale$875,000

For Sale by Agent

AgentBrandon Fargo
BrokerageKeller Williams Realty Coastal

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