1309 E Anderson Street Savannah, GA 31404
MULTI_FAMILY - Savannah, GA
Property Features for 1309 E Anderson Street
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Zoning
- R4
- Bedrooms
- 4
- Bathrooms
- 2
- Rooms
- Bathroom 2, Bedroom 2, Bedroom 1, Bedroom 3, Bedroom 4, Bathroom 1
- Parking features
- Off Street
- Patio and Porch features
- Porch
- Appliances
- Electric Water Heater, Refrigerator
- Standard status
- Active
- APN
- 2005610017
- Size
- 2,112 SF
- Lot size
- 0.08 Acres
Taxes and HOA fees
- Tax Year
- 2024
- Tax Description
- LOT 41 PURSE WD
- Tax Annual Amount
- 1979
Utilities
- Sewer type
- Public Sewer
- Heating system
- Electric (Heating), Central
- Cooling system
- Central Air, Electric
- Water source
- Public
Building Details
- Year built
- 1928
- Floors in Building
- 2
- Number of units
- 1
- Flooring type
- Carpet, Hardwood
Listing agent Kimberly Kay Williamson License #248274 (912) 412-2322
Listing office Jean Walker Realty LLC 505 Sand Hill Rd, Savannah, GA (912) 898-4134
Listing date Oct 6, 2025
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
- Upstairs and downstairs apartment layout with two private parking spaces in the rear
- Each apartment includes 2 bedrooms and 1 bathroom
- Built in 1928 with a porch and off‑street parking
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 | $34.2k | $16.20 |
| − Vacancy | −$2.2k | −$1.05 |
| EGI | $32.0k | $15.15 |
| − OpEx | −$9.6k | −$4.54 |
| NOI | $22.4k | $10.60 |
