Single Family Residence at 506 E Anderson Street, Savannah
1 photo

$1,200,000

506 E Anderson Street
Savannah, GA 31401
Listed by Chelsea Phillips · Six Bricks LLC
Bedrooms
6
Bathrooms
3
Living area
2,960 sqft
Year built
1900

About this home

Looking for a turnkey investment that's ready to work from day one? Featuring a rare NON-OWNER OCCUPIED STVR certificate, this 1900 Victorian grossed $15,900 in July alone, offering immediate income potential from the moment you close. Centrally located just a few blocks from Forsyth Park, this six-bedroom, three-bath home blends timeless Savannah character with modern comfort. Original hardwood floors, soaring ceilings, multiple fireplaces, and original moldings preserve its historic charm, while a private hot tub, spacious deck, courtyard, front porch, balcony, and off-street parking for two create an unforgettable guest experience. Whether you're looking for a killer investment with proven cash flow or envision transforming it into a beautiful primary residence, this property offers the kind of flexibility investors dream about. Ready to work from day one and positioned in one of Savannah's most sought-after neighborhoods, this is an opportunity that rarely comes available.

Property details

MLS
Hive MLS
MLS #
SA361086
Property type
Single Family Residence
Subdivision
None
Status
Active
Days on market
67
On market date
July 30, 2026
Stories
N/A
Total bathrooms
3
Garage spaces
N/A
Parking spaces
N/A
Lot size
0.07 acres
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Nearby schools

Within 10 miles. School directory data from the National Center for Education Statistics (NCES), accessed via the Urban Institute Education Data API. Local Score is calculated by INNOVATE Real Estate; where a state rating is shown, it comes from that state's own official school report card.

ElementaryCharter
Savannah Classical Academy Charter School
0.35 mi away · Grades 0-8
Nearest school -- attendance-zone data not available here
4.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
372
Student:teacher ratio
14.3:1
District
Savannah-Chatham County
MiddleCharter
Susie King Taylor Community School Middle Grades Academy fo
0.42 mi away · Grades 6-8
Nearest school -- attendance-zone data not available here
3.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
87
Student:teacher ratio
17.4:1
District
Savannah-Chatham County
HighCharter
Savannah Classical Academy Charter High School
0.35 mi away · Grades 9-12
Nearest school -- attendance-zone data not available here
5.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
64
Student:teacher ratio
7.1:1
District
Savannah-Chatham County

Walkability

Blended score for Savannah's center, calculated by INNOVATE Real Estate from two sources: the EPA's National Walkability Index (street network, transit, land-use mix) and Google Places amenity data (what's actually reachable on foot from this point). EPA National Walkability Index only -- nearby-amenity data not cached yet for this area.

73
Walkable
out of 100
EPA National Walkability Index
14.5 / 20 -- Above average walkable

Market position

How this listing compares to current activity in Savannah, from live MLS data.

On the market 67 days -- 20 fewer days than Savannah's current average of 87 days.
For reference, the median list price across 1,615 active listings in Savannah right now is $368,500.

Mortgage calculator

Estimate only - actual rate and payment depend on your lender, credit, and loan program.

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Est. monthly payment
$7,377/mo
$240,000 down
$960,000 loan
Principal & interest$6,227
Property tax (est.)$1,000
Home insurance (est.)$150

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Data source: Listing information provided by Hive MLS via Trestle/CoreLogic. Last updated 25 days ago.

Information herein deemed reliable but not guaranteed; all measurements, school assignments, HOA fees, taxes, and feature lists are approximate and should be independently verified. Equal Housing Opportunity.