19 Smith Avenue, Savannah, GA 31408
MULTI_FAMILY - Bungalow - Savannah, GA
- Added:
- Feb 7, 2026
- Days on Market:
- 125
- Last Refresh:
- Jun 12 at 7:06 pm
Property Features for 19 Smith Avenue
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Zoning
- R1
- Bedrooms
- 5
- Bathrooms
- 2
- Rooms
- Bedroom 3, Bathroom 2, Bedroom 2, Bedroom 4, Bedroom 5, Bedroom 1, Bathroom 1
- Patio and Porch features
- Porch
- Appliances
- Electric Water Heater
- Standard status
- Active
- APN
- 6000503063
- Size
- 1,850 SF
- Lot size
- 0.44 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Description
- N PORTION OF THE WEST 1/2 OF LOT LETTER A GARDEN CITY
- Tax Annual Amount
- 1387
Utilities
- Sewer type
- Public Sewer
- Heating system
- Electric (Heating), Central, Natural Gas
- Cooling system
- Central Air, Electric
- Water source
- Public
Building Details
- Year built
- 1930
- Floors in Building
- 1
- Building materials
- Brick
- Roof type
- Asphalt
- Architectural style
- Bungalow
Listing agent Ridley Stallings License #370720 (706) 566-5235
Listing office Engel & Volkers 1650 E Victory Drive, Savannah, GA (912) 238-0874
Listing date Feb 7, 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.
HighLights
- $4,000 seller concession offered to buyer at closing toward closing costs or chosen improvements
- 0.44‑acre lot with a classic bungalow‑style main home (3 bedrooms, 1 bathroom) plus detached guest/rental unit
- Detached two‑car garage provides ground‑level storage and workshop space
- Upstairs apartment offers 2 bedrooms and 1 bathroom and is currently leased for $1,250/month
- Approximately 1,850 SF combined living space across both dwellings
- Public water and public sewer; central air cooling and a mix of electric and natural gas heating
Overview
Set on a 0.44-acre lot in Savannah, GA (31408), the property totals approximately 1,850 square feet of combined living space across both dwellings. Zoning is listed as R1.
The layout is well suited for buyers seeking rental income through the currently leased upstairs apartment while maintaining an owner-occupant option with the main bungalow. A detached garage adds practical space for vehicles, storage, or light work. The seller is also offering a $4,000 concession to be applied toward closing costs or improvements selected by the buyer, which can help reduce net closing expense or fund property updates.
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 | $30.0k | $16.20 |
| − Vacancy | −$1.9k | −$1.05 |
| EGI | $28.0k | $15.15 |
| − OpEx | −$8.4k | −$4.54 |
| NOI | $19.6k | $10.60 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Savannah
- County
- Chatham
- State
- Georgia
- Longitude
- -81.151547
- Latitude
- 32.120212
