Duplex with Hardwood
For Sale
$330,000
1314 E 54th Street, Savannah, GA 31404
Residential Income, Savannah, GA
Property Size1,598 SF
Lot Size0.14 Acres
Price / SF$206.51
Days on Market192
Property Features for 1314 E 54th Street
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Zoning
R4
Bedrooms
4
Bathrooms
2
Full bathrooms
2
Rooms
Bedroom 2, Bathroom 2, Bedroom 3, Bedroom 4, Bedroom 1, Bathroom 1
Interior features
Pull Down Attic Stairs
Fencing
Chain Link
Appliances
Some Electric Appliances, Gas Water Heater, Oven, Range
Subdivision
Edgemere Sub
Lot features
City Lot, Interior Lot
Directions
From E Vicory Dr, turn right onto Watrs, turn left onto E 54th St and home will be on the left.
Standard status
Active
APN
2009709015
Size
1,598 SF
Lot size
0.14 Acres
Taxes and HOA fees
Tax Year
2025
Tax Description
LOT 67 WILKINS WARD EDGEMERE
Tax Annual Amount
3409
Legal Description
LOT 67 WILKINS WARD EDGEMERE
Utilities
Utilities
Cable Available
Sewer type
Public Sewer
Heating system
Natural Gas, Other (Heating), Radiant
Cooling system
Electric, Window Unit(s)
Water source
Public
Building Details
Year built
1944
Floors in Building
1
Flooring type
Wood
Building materials
Block
Roof type
Composition, Asphalt
Architectural style
Other
Listing Agency:
Southern Charm Team, LLC
(912) 657-3569
Listed By:
Susie Sowell · License #350017
(912) 356-5533
Added: Apr 7
Changed: Oct 1
Last Checked: Oct 15 at 8:06AM
MLS# SA353107
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.
This 1944-built duplex contains two residential units, each arranged with two bedrooms and one bathroom. The 1,598-square-foot property includes original wood flooring, natural light, pull-down attic stairs, and kitchens connected to the main living areas. Appliances include an oven, range, some electric appliances, and a gas water heater. Heating is provided by natural gas and radiant systems, with electric window-unit cooling. The block construction is topped by a composition and asphalt roof reported as less than 5 years old.
The property occupies 0.1446 acres at 1314 E 54th Street in Savannah, GA 31404. It has a chain-link fence, a backyard with mature trees, public water and sewer, and cable availability. R4 zoning applies to the property.
The property occupies 0.1446 acres at 1314 E 54th Street in Savannah, GA 31404. It has a chain-link fence, a backyard with mature trees, public water and sewer, and cable availability. R4 zoning applies to the property.
Key Highlights
- Two‑unit duplex with 2 beds and 1 bath in each unit
- 1,598 square feet on a 0.1446‑acre lot
- Original wood flooring and pull‑down attic stairs
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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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 offer practical layouts, wood flooring, and a fenced backyard with 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 beds and 1 bath in each unit; 1,598 square feet on a 0.1446‑acre lot; Original wood flooring and pull‑down attic stairs
