1115 E 32nd Street Savannah, GA 31404
MULTI_FAMILY - Savannah, GA
Property Features for 1115 E 32nd Street
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Zoning
- R4
- Bedrooms
- 4
- Bathrooms
- 2
- Rooms
- Bedroom 2, Bathroom 2, Bedroom 1, Bathroom 1, Bedroom 3, Bedroom 4
- Parking features
- On Street
- Patio and Porch features
- Porch
- Exterior features
- Balcony
- Fencing
- Fenced
- Fireplace
- 1
- Appliances
- Electric Water Heater, Dryer, Washer
- Standard status
- Active
- APN
- 2005518008
- Size
- 2,244 SF
- Lot size
- 0.07 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Description
- SMB 3186, Page 379
- Tax Annual Amount
- 5281
Utilities
- Sewer type
- Public Sewer
- Heating system
- Central, Electric (Heating)
- Cooling system
- Central Air, Electric
- Water source
- Public
Building Details
- Year built
- 1900
- Floors in Building
- 2
- Number of units
- 2
- Flooring type
- Tile - Ceramic, Hardwood
- Building materials
- Frame
- Roof type
- Metal
Listing agent Mary H. Smith License #287098 (912) 596-2814
Listing office Keller Williams Coastal Area P 329 Commercial Dr., Suite 100, Savannah, GA (912) 356-5001
Listing date Feb 25, 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.
Located in Savannah, the home is positioned for easy access to Daffin Park, the Historic District, and SCAD, placing everyday dining, shopping, and cultural destinations within reach.
Zoned R4, this duplex configuration supports both tenant occupancy and owner-occupant flexibility, with each unit functioning as a separate residence.
Key Highlights
- Duplex with two 2‑bedroom, 1‑bath units, each with a living room and separate dining room
- Each unit includes its own laundry area; appliances include washer and dryer plus electric water heater
- Original hardwood floors and ceramic tile flooring; fireplace present
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 | $36.4k | $16.20 |
| − Vacancy | −$2.4k | −$1.05 |
| EGI | $34.0k | $15.15 |
| − OpEx | −$10.2k | −$4.54 |
| NOI | $23.8k | $10.60 |
