
528 Martin Luther King Junior Blvd Savannah, GA 31401
Historic Savannah NeighborhoodEstimated payment $12,419/month
Total Views
205
5
Beds
8
Baths
7,080
Sq Ft
$311
Price per Sq Ft
Highlights
- 5,184 Sq Ft lot
- No HOA
- 1-minute walk to Soldier Field
- Savannah Arts Academy Rated A+
- Central Heating and Cooling System
About This Home
MLK Corridor, Corner mixed-use building with 3 residential units + 3–4 retail spaces. Current rents below market, short lease terms allow for repositioning. Hood in place, new conduit, new plumbing, raised ceilings—near turnkey. Stable income with rent growth potential. Significant opportunity to increase NOI through lease-up, rent adjustments, and improved tenant mix. Thriving MLK corridor with strong foot traffic and continued development.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $6,305
Lot Details
- 5,184 Sq Ft Lot
Home Design
- Brick Exterior Construction
Interior Spaces
- 7,080 Sq Ft Home
- 2-Story Property
Kitchen
- Oven
- Range
Bedrooms and Bathrooms
- 5 Bedrooms
Utilities
- Central Heating and Cooling System
- Electric Water Heater
Community Details
- No Home Owners Association
Listing and Financial Details
- Assessor Parcel Number 20045 21015
Map
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Home Values in the Area
Average Home Value in this Area
Tax History
Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
---|---|---|---|---|
2024 | $6,305 | $431,800 | $87,080 | $344,720 |
2023 | $6,305 | $431,800 | $87,080 | $344,720 |
2022 | $7,060 | $431,800 | $87,080 | $344,720 |
2021 | $9,704 | $229,040 | $87,080 | $141,960 |
2020 | $7,609 | $0 | $0 | $0 |
2019 | $10,706 | $914 | $0 | $0 |
2018 | $9,869 | $219,440 | $87,080 | $132,360 |
2017 | $10,971 | $263,200 | $87,080 | $176,120 |
2016 | $7,686 | $263,440 | $87,080 | $176,360 |
2015 | -- | $914 | $0 | $0 |
2014 | -- | $169,400 | $0 | $0 |
Source: Public Records
Property History
Date | Event | Price | Change | Sq Ft Price |
---|---|---|---|---|
09/04/2025 09/04/25 | For Sale | $2,200,000 | -- | $311 / Sq Ft |
Source: Savannah Multi-List Corporation
Purchase History
Date | Type | Sale Price | Title Company |
---|---|---|---|
Warranty Deed | $1,117,500 | -- | |
Deed | $423,500 | -- | |
Warranty Deed | $423,500 | -- | |
Deed | -- | -- | |
Deed | $600,000 | -- |
Source: Public Records
Mortgage History
Date | Status | Loan Amount | Loan Type |
---|---|---|---|
Open | $1,120,000 | Commercial | |
Closed | $780,000 | Commercial | |
Previous Owner | $620,000 | Commercial | |
Previous Owner | $359,975 | New Conventional | |
Previous Owner | $75,000 | New Conventional | |
Previous Owner | $700,000 | New Conventional |
Source: Public Records
Similar Homes in Savannah, GA
Source: Savannah Multi-List Corporation
MLS Number: SA336744

APN: 2004521015
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