1113-1115 E 55th Street, Savannah, GA 31404
MULTI_FAMILY - Savannah, GA
- Added:
- Feb 22, 2026
- Days on Market:
- 134
- Last Refresh:
- Jul 5 at 11:06 pm
Property Features for 1113-1115 E 55th Street
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Zoning
- RTF
- Bedrooms
- 4
- Bathrooms
- 2
- Rooms
- Bedroom 4, Bedroom 3, Bathroom 2, Bedroom 2, Bathroom 1, Bedroom 1
- Parking features
- On Street
- Appliances
- Electric Water Heater
- Standard status
- Active
- APN
- 20097 21004
- Size
- 1,611 SF
- Lot size
- 0.25 Acres
Taxes and HOA fees
- Tax Description
- see supplements
Utilities
- Sewer type
- Public Sewer
- Heating system
- Central, Electric (Heating)
- Cooling system
- Electric, Central Air
- Water source
- Public
Building Details
- Year built
- 1943
- Floors in Building
- 1
- Number of units
- 2
- Building materials
- Stucco
Listing agent Mandy Henderson License #416722 (970) 778-5616
Listing office RIVR RE LLC 212 E Bay Street, Savannah, GA (912) 307-9998
Listing date Feb 22, 2026
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.
HighLights
- Value‑add duplex with one unit currently rented month‑to‑month
- Improvements include updated HVAC, new wiring, new ceiling insulation, and recessed lighting
- Central heating and central air, plus electric (heating) and electric cooling
- Public utilities: public water and public sewer
- Stucco construction
- On‑street parking
Overview
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 | $26.1k | $16.20 |
| − Vacancy | −$1.7k | −$1.05 |
| EGI | $24.4k | $15.15 |
| − OpEx | −$7.3k | −$4.54 |
| NOI | $17.1k | $10.60 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Savannah
- County
- Chatham
- State
- Georgia
- Longitude
- -81.088229
- Latitude
- 32.038852
