#SA333885, Julie L. Gates, Listing office: Re/Max Accent
Property details
About 8 W 52nd St
PRICE DROP — Now $499,000! BRING US YOUR OFFER! This fully renovated, fully furnished 5BR/2BA income-producing home in Midtown Savannah is one of the strongest turnkey investments on the market today. Start earning from day one with zero downtime — everything’s already in place. Currently leased to SCAD students at $4,150/month, this property delivers an impressive 7.91% cap rate with stable, predictable cash flow from day one. All tenants are on annual leases, with the option to terminate with 60 days’ notice if the buyer wants the property for personal use — a rare level of flexibility for owner-occupants. Spanning 2,165 sq ft, the home features: Granite countertops and modern finishes Spacious shared living areas and large bedrooms Enclosed front porch Fully fenced backyard — ideal for live-work, pets, or outdoor entertaining Major system upgrades including central HVAC and a tankless water heater With no HOA, no deferred maintenance, and a consistent rental history, this is a true plug-and-play asset for investors or house hackers. Located just minutes from SCAD, Habersham Village, and Downtown Savannah, this is a perfect fit for: Cash-flow investors SCAD parents seeking smart alternatives to dorm life Owner-occupants wanting income to offset a mortgage This is the only fully renovated, income-producing 5BR in Midtown under $500K. At just $230/SF, it’s priced below market with immediate upside and strong long-term appreciation potential. Showings by appointment only. Opportunities like this don’t last — schedule your showing today before it’s gone. Don’t miss your chance to secure this high-performing Midtown rental — bring your offer!
Highlights
Home typeSingle Family Residence
HeatingCentral, Electric
StatusActive
CoolingCentral Air, Electric
Size2,165 sqft
Lot size0.1446 Acres
Year built1950
ParkingAttached, Underground, Off Street
MLS #SA332485
FireplaceGas, Living Room, Masonry, Wood Burning
Virtual tour
Summary
- Full Bathrooms: 2
- Appliances: Electric Water Heater, Tankless Water Heater
- Fireplace: Gas, Living Room, Masonry, Wood Burning
- Total Bedroom Count: 5
- Parking: Attached, Underground, Off Street
- Architectural Style: Bungalow
- Heating: Central, Electric
- Cooling: Central Air, Electric
- List Price: $499,000
- Price/SqFt: $230
- HOA Amount: $0
- Annual Tax Amount: $2,449
- Tax Year: 2022
- Directions: Head toward Midtown using a major road like Waters Avenue, Abercorn Street, or Bull Street. Once you’re near the area, turn onto 52nd Street and head west if you're coming from Waters or east if you're coming from Bull. The home is situated on the north side of the street
- Year Built: 1950
- Living Area: 2,165 SqFt
- Lot Size: 0.1446 Acres
- MLS Number: SA332485
- MLS Name: SAV
- Office Name: LPT Realty LLC
- Office Phone: (877) 366-2213
- Office Email: gabrokers@lptrealty.com
- Listing Agent: James Louis Grekousis
The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange program of the Savannah Multi-List Corporation. Real estate listings held by brokerage firms other than this broker are marked with the name of the listing brokers. The broker providing these data believes them to be correct, but advises interested parties to confirm them before relying on them in a purchase decision. All properties are subject to prior sale, change or withdrawal and some properties which appear for sale on this web site may subsequently have sold and may no longer be available.. Listing(s) information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Copyright 2025 Savannah Multi-List Corporation. All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 7/24/2025, 10:45:28 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Price information
Property sales
| Date | Event | Price |
|---|---|---|
| Mar 20, 2020 | Home Sold | $305,000 |
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2024 | $121,120 | $- |
| 2022 | $59,160 | $2,449 |
| 2021 | $50,400 | $2,351 |
| 2020 | $39,360 | $1,744 |
| 2019 | $39,360 | $1,744 |
| 2018 | $32,640 | $1,001 |
History based on county public records data.
Nearby schools
7
Jacob G. Smith Elementary School
Public District PK-5
0.7 mi
•210 Lamara Dr
3
Haven Elementary School
Public District PK-5
1.4 mi
•5111 Dillon Ave
3
Gadsden Elementary School
Public District PK-5
1.5 mi
•919 May St
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $32,667. Typical income of Savannah, GA residents is less than $<35k annually. The most common type of family is single, no kids. The majority of residents in this area have high school diploma education.
How much money do the neighbors make?
51%
<35k
48%
35k-100k
1%
100k-200k
0%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
Masters Degree
What types of families live nearby?
65%
Single, No Kids
18%
Single, with Kids
11%
Married, No Kids
6%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
10%
<11 yrs old
6%
12-17 yrs old
42%
18-34 yrs old
35%
35-64 yrs old
7%
65+ yrs old
What do the neighbors do for fun?
UFC
Horse Races- Pro Boxing
Where do the neighbors shop?
Family Dollar
Stein Mart
Burlington
Where do the neighbors go to eat?
Burger King
LongHorn Steakhouse
Popeyes
What do the neighbors drive?
Buick
Dodge
Kia
What do the neighbors listen to?
Urban Contemporary
Contemporary Inspirational
Adult Standards
All data provided by Home Junction and Claritas
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Frequently asked questions
About 8 W 52nd St
The listing price of 8 W 52nd St property is $499,000.
The property 8 W 52nd St is a house located in Savannah, Georgia, 31405.
Active Listing: 8 W 52nd St is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 8 W 52nd St are: Jacob G. Smith Elementary School (GreatSchools Rating 7/10), Haven Elementary School (GreatSchools Rating 3/10), Gadsden Elementary School (GreatSchools Rating 3/10), Ellis Elementary School (GreatSchools Rating 4/10), Derenne Middle School (GreatSchools Rating 2/10), Susie King Taylor Community School (GreatSchools Rating 2/10), Savannah Arts Academy (GreatSchools Rating 9/10), Beach High School (GreatSchools Rating 2/10), Savannah Classical Academy Charter High School (GreatSchools Rating 5/10).
According to the records, the last property tax for 2022 is $2,449 (source: MLS/based on county public records data).
The last sale was on March 20, 2020 for $305,000 (source: MLS/tax record).
The property at 8 W 52nd St has 5 bedrooms and 2 bathrooms.
The property 8 W 52nd St is 2,165 SqFt (source: MLS/tax record).
The year of construction for 8 W 52nd St is 1950.
This home is located at 8 W 52nd St in Savannah, GA and zip code 31405 in the Bingville neighborhood. This 2,165 square foot home, which was built in 1950, sits on a 0.14 acre lot. Features: 5 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since June 10, 2025 and is currently priced at $499,000.
Over 69 listings were sold over their listed price in June 2025 in Savannah, GA. In the same period over 157 listings were sold below the listed price and 77 listings were sold for the listed price. The number of homes for sale in Savannah, GA increased by 4.6% between May and June 2025. In June 2025, listings were on the market for 67 days. During the same period, the median list price in this real estate market was $369,825.
From Rocket Homes Real Estate and based on county public records data.