Investor Alert: $4,200/Month Turnkey Rental with ~7.2% Cap Rate in Midtown Savannah! This fully renovated 5-bed, 2-bath income-producing property offers 2,165 sq ft of modernized living space and is currently leased by the room to five SCAD students, generating $4,200/month in gross rent. With updated systems, a strong tenant pool, and zero deferred maintenance, this asset functions more like a commercial investment than a typical home sale—delivering immediate cash flow and long-term upside. Located in Savannah’s desirable Midtown, just minutes from SCAD, Habersham Village, and downtown, this rare 5-bedroom layout features granite countertops, spacious common areas, an enclosed porch ideal for office or studio use, a fenced backyard, ample off-street parking, and no HOA. Perfect for buy-and-hold investors or house hackers, this stabilized, high-yield property is one of the few true multi-bedroom setups at this price point in the area—making it a smart addition to any rental portfolio.
Active
$525,000
8 W 52nd St, Savannah, GA 31405
5beds
2,165sqft
Est.:
Single Family Residence
Built in 1950
6,298.78 Square Feet Lot
$507,200 Zestimate®
$242/sqft
$-- HOA
What's special
Fenced backyardAmple off-street parkingModernized living spaceGranite countertopsEnclosed porchSpacious common areas
- 3 days
- on Zillow |
- 553 |
- 16 |
Zillow last checked: 7 hours ago
Listing updated: June 12, 2025 at 04:27pm
Listed by:
James Louis Grekousis 912-433-8239,
LPT Realty LLC
Source: Savannah Multi-List Corp,MLS#: SA332485
Originating MLS: Savannah Multi-List Corporation

Travel times
Tour with a buyer’s agent
Tour with a buyer’s agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 2
- Full bathrooms: 2
Heating
- Central, Electric
Cooling
- Central Air, Electric
Appliances
- Included: Electric Water Heater, Tankless Water Heater
- Laundry: Washer Hookup, Dryer Hookup, Laundry Room, Upper Level
Features
- Has fireplace: Yes
- Fireplace features: Gas, Living Room, Masonry, Wood Burning
Interior area
- Total interior livable area: 2,165 sqft
Video & virtual tour
Property
Parking
- Total spaces: 1
- Parking features: Attached, Underground, Off Street
- Carport spaces: 1
Features
- Fencing: Wood
Lot
- Size: 6,298.78 Square Feet
- Features: Alley
Details
- Parcel number: 2008818015
- Zoning: RM25
- Special conditions: Standard
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Bungalow
- Property subtype: Single Family Residence
Materials
- Brick, Stick Built
Condition
- Year built: 1950
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
HOA
- Has HOA: No
Location
- Region: Savannah
Financial & listing details
- Price per square foot: $242/sqft
- Tax assessed value: $302,800
- Annual tax amount: $4,075
- Date on market: 6/10/2025
- Listing terms: Cash,Conventional,1031 Exchange,FHA,VA Loan
- Ownership: Homeowner/Owner,Investor
- Tenant pays: Telephone
- Road surface type: Asphalt
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