1114 E Anderson Street Savannah, GA 31404
MULTI_FAMILY - Savannah, GA
Property Features for 1114 E Anderson Street
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Zoning
- R4
- Bedrooms
- 4
- Bathrooms
- 4
- Rooms
- Bathroom 1, Bedroom 1, Bathroom 2, Bathroom 3, Bedroom 3, Bathroom 4, Bedroom 2, Bedroom 4
- Appliances
- Electric Water Heater
- Standard status
- Active
- APN
- 2005507010
- Size
- 2,748 SF
- Lot size
- 0.08 Acres
Taxes and HOA fees
- Tax Description
- 248 BALLANTYNE WD
Utilities
- Sewer type
- Public Sewer
- Heating system
- Electric (Heating), Central
- Cooling system
- Central Air, Electric
- Water source
- Public
Building Details
- Year built
- 1910
- Floors in Building
- 2
- Number of units
- 2
Listing agent Taavo Roos License #382783 (912) 429-6729
Listing office Seabolt Real Estate 24 E Oglethorpe Avenue, Savannah, GA (912) 233-6609
Listing date Mar 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.
Investment Insights
Based on property information with market context.
Key Highlights
- Fully renovated duplex originally gutted and renovated in 2017/2018, with major 2024 upgrades including new siding and exterior railings
- Two units, each with 2 bedrooms and 2 full bathrooms; upstairs also has an additional bonus room
- 2024 upgrades include updated quartz countertops and sinks
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 | $44.5k | $16.20 |
| − Vacancy | −$2.9k | −$1.05 |
| EGI | $41.6k | $15.15 |
| − OpEx | −$12.5k | −$4.54 |
| NOI | $29.1k | $10.60 |