Duplex with Hardwood
For Sale
$330,000
1314 E 54th Street, Savannah, GA 31404
Two residential units feature functional layouts, abundant natural light, and a spacious backyard shaded by mature trees.
Property Size1,598 SF
Price / SF$206.51
Days on Market192
Property Features for 1314 E 54th Street
General Information
Standard status
Active
Size
1,598 SF
Property subtype
Multi-Family
Zoning
R4
Additional Details
Multifamily Units
2
Taxes and HOA fees
Annual Taxes
$3,409
Amenities
None,Crawl Space
Wood
No
Yes
2
1
Pull-Down Stairs
4
In Hall
Pull Down Attic Stairs
Chain Link
City Lot,Interior Lot
Public
0.1446
Asphalt
Crawlspace
Public Road
Building Details
Building Size
1,598 SF
Year Built
1944
Stories
1
Listing Agency:
Stone Auction & Realty
(912) 233-6000
Listed By:
Jasmine Patel
(912) 704-7795
Source:
Baystreetrealtygroup
Added: Apr 7
Changed: Oct 15
Last Checked: Oct 14 at 8:22PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Stone Auction & Realty
Investment Insights
Based on property information with market context.
Built in 1944, this duplex contains two residential units, each with 2 bedrooms and 1 bathroom. Original hardwood floors, ample natural light, and practical floor plans define the interiors, while kitchens connect directly with the main living spaces. The property also includes a spacious backyard with mature trees and a roof that is less than 5 years old.
Located at 1314 E 54th St in Savannah, the property is near shopping, dining, and local amenities. Its unit configuration and established residential setting provide a straightforward profile for an owner-occupant or income-property buyer.
Located at 1314 E 54th St in Savannah, the property is near shopping, dining, and local amenities. Its unit configuration and established residential setting provide a straightforward profile for an owner-occupant or income-property buyer.
Key Highlights
- Two‑unit duplex with 2 bedrooms and 1 bathroom per unit
- Original hardwood floors and functional interior layouts
- Roof is less than 5 years old
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$16,943
Cap Rate
5.13%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$338,860
$338.9K
Cap Rate 7%
$242,043
$242.0K
Cap Rate 9%
$188,256
$188.3K
Market Conditions
NOI Build-Up for 1,598 SF
Gross rent
$25.9K $16.20/SF
− Vacancy
−$1.7K −$1.05/SF
EGI
$24.2K $15.15/SF
− OpEx
−$7.3K −$4.54/SF
NOI
$16.9K $10.60/SF
Area
Savannah, GA
Vacancy
6.50%
Lease Rate
$16.20 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$338,860
Cap Rate 7%
$242,043
Cap Rate 9%
$188,256
Alternative Uses
Best Use
Multifamily LT 5
$242.0K
$211.8K – $282.4K
NOI $16,943 @ 7.0% cap · market cap 5.13%
Second Best
Apartment 5plus
$224.5K
$196.4K – $261.9K
NOI $15,713 @ 7.0% cap · market cap 4.76%
Theoretical Best
Warehouse
$1.49M
$1.31M – $1.74M
NOI $104,540 @ 7.0% cap · market cap 31.68%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
954
Businesses Nearby
Explore this area
Business Placement
Demographics for 31404, GA
31,530
Population
14,427
Households
2.2
Avg Household Size
35
Median Age
28%
College-Educated
89%
High-School Grad
13.7 sq mi
ZIP Area
2,301
Density / Sq Mi
$49,805
Median Household Income
$31,620
Median Earnings
$1,199
Median Rent
$193,100
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in South region
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Frequently Asked Questions
What type of property is this?
Duplex - Two residential units feature functional layouts, abundant natural light, and a spacious backyard shaded by mature trees.
Where is this duplex located?
The property is located at 1314 E 54th Street Savannah, GA.
What is the asking price?
The asking price for this property is $330,000.
What are key features of this property?
This property features: Two‑unit duplex with 2 bedrooms and 1 bathroom per unit; Original hardwood floors and functional interior layouts; Roof is less than 5 years old
