Savannah Multifamily Income
928 W Victory Drive Savannah, GA 31415
928 W Victory Drive, Savannah, GA, 31415
$359,000
For Sale
$359,000
MULTI_FAMILY - Bungalow - Savannah, GA
Property Size1,950 SF
Lot Size0.09 Acres
Price / SF$184.10
Days on Market155
Property Features for 928 W Victory Drive
General Information
- Property type
- Residential Multi Family
- Property subtype
- Triplex
- Zoning
- R4
- Bedrooms
- 4
- Bathrooms
- 4
- Rooms
- Bathroom 3, Bedroom 4, Bathroom 1, Bathroom 4, Bedroom 2, Bathroom 2, Bedroom 3, Bedroom 1
- Parking features
- On Street, Garage, Off Street
- Patio and Porch features
- Porch
- Interior features
- Ceiling Fan(s), Pull Down Attic Stairs
- Fireplace
- 1
- Appliances
- Some Electric Appliances, Electric Water Heater
- Standard status
- Active
- APN
- 2007339027
- Size
- 1,950 SF
- Lot size
- 0.09 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Description
- LOT 52 CANN WARD
- Tax Annual Amount
- 4286
Utilities
- Utilities
- Cable Available
- Sewer type
- Public Sewer
- Heating system
- Central, Electric (Heating)
- Cooling system
- Electric, Central Air
- Water source
- Public
Building Details
- Year built
- 1960
- Floors in Building
- 1
- Number of units
- 3
- Building materials
- Brick, Block, Wood Siding
- Roof type
- Metal
- Architectural style
- Bungalow
Listing Agency
Epique Realty
(888) 893-3537
1055 Howell Mill RD 8th Floor, Buford, GA
Listed by
Ed Yannett · License #349501
(912) 844-9000
Added: Feb 13 Checked: Jul 18 at 8:06 pm
MLS# SA348813
Listing URL
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.
Investment Insights
Based on property information with market context.
Located along a central Savannah corridor with convenient access to employment, retail, and transportation routes, 928 West Victory Drive features a stabilized, income-producing opportunity. The property includes three total units on one parcel, including a primary residence and a rear carriage house configured as a duplex. The property is currently rented and generating income. The property size is 1950 square feet and the lot size is 0.09 acres. The zoning is R4. This property delivers three leased doors and diversified rent streams under one address. The setting supports consistent rental demand. This is an investment focused on scale, leverage, and steady growth.
Key Highlights
- Three total units on one parcel: primary residence plus a rear carriage house configured as a duplex, all currently rented
- Income‑producing setup with multiple leased doors under one address
- Built in 1960 bungalow with brick, block, and wood siding and a metal roof
Local Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $31.6k | $16.20 |
| − Vacancy | −$2.1k | −$1.05 |
| EGI | $29.5k | $15.15 |
| − OpEx | −$8.9k | −$4.54 |
| NOI | $20.7k | $10.60 |
1,950 SF · lease $16.20/SF/yr · vacancy 6.50% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$295.4K
$258.5K – $344.6K
NOI $20,676 @ 7.0% cap · market cap 5.76%
Second Best
Apartment 5plus
$273.9K
$239.7K – $319.6K
NOI $19,174 @ 7.0% cap · market cap 5.34%
Theoretical Best
Warehouse
$1.82M
$1.59M – $2.13M
NOI $127,568 @ 7.0% cap · market cap 35.53%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Triplexes
Similar For Sale Nearby
FAQs
What type of property is this?
Triplex - Income-producing triplex in Savannah with immediate rental income.
Where is this triplex located?
The property is located at 928 W Victory Drive Savannah, GA.
What is the asking price?
The asking price for this property is $359,000.
What are key features of this property?
This property features: Three total units on one parcel: primary residence plus a rear carriage house configured as a duplex, all currently rented; Income‑producing setup with multiple leased doors under one address; Built in 1960 bungalow with brick, block, and wood siding and a metal roof
