1317 E 54th Street Savannah, GA 31404
MULTI_FAMILY - Savannah, GA
Property Features for 1317 E 54th Street
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Zoning
- R4
- Bedrooms
- 4
- Bathrooms
- 2
- Rooms
- Bedroom 4, Bathroom 1, Bedroom 1, Bedroom 3, Bedroom 2, Bathroom 2
- Parking features
- Off Street
- Appliances
- Electric Water Heater, Refrigerator
- Standard status
- Active
- APN
- 2009716005
- Size
- 1,562 SF
- Lot size
- 0.14 Acres
Taxes and HOA fees
- Tax Year
- 2024
- Tax Description
- 92 WILKINS WD
Utilities
- Sewer type
- Public Sewer
- Heating system
- Wall Furnace
- Cooling system
- Wall Unit(s)
- Water source
- Public
Building Details
- Year built
- 1943
- Floors in Building
- 1
- Building materials
- Brick
Listing agent Kim L. Iocovozzi License #121211 (912) 844-3261
Listing office Keller Williams Coastal Area P 329 Commercial Dr., Suite 100, Savannah, GA (912) 356-5001
Listing date Dec 10, 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
- Brick home built in 1943 with public water and public sewer
- Move‑in ready interiors with original hardwood floors recently sanded and varnished
- Kitchens and both bathrooms renovated and include brand‑new appliances (electric water heater, refrigerator)
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 | $25.3k | $16.20 |
| − Vacancy | −$1.6k | −$1.05 |
| EGI | $23.7k | $15.15 |
| − OpEx | −$7.1k | −$4.54 |
| NOI | $16.6k | $10.60 |
