8 W 52nd St Savannah, GA 31405
Bingville NeighborhoodEstimated payment $2,848/month
Highlights
- No HOA
- Attached Garage
- Bungalow
- Subterranean Parking
- Laundry Room
- 3-minute walk to Ardsley Park
About This Home
High-ROI Income-Producing SCAD Student Rental Operation - Fully Tenant Occupied - Seize this exceptional investment opportunity!
Ideal for Buy-and-Hold Investors but could also be Your New Home!
This property offers two paths:
As an investment: Currently leased to SCAD students at $4,150/month ($49,800 annually), with furnishings and leases transferring at closing for immediate cash flow!
As a residence: Tenants can be removed with 60 days’ notice to vacate, giving buyers the option to make it their own home in a prime Midtown location without paying historic district pricing of $300+ per square foot!
Fully renovated and fully furnished, this Midtown home combines modern updates with strong, reliable rental income. Upgrades include granite counters, stainless appliances, completely updated plumbing and modern bathroom renovations, plus a fenced backyard, a driveway, carport, and 5+ cars can park off-street behind the carport. Currently leased to SCAD students at $4,150/month ($49,800 annually). Furnishings and leases transfer at closing, allowing an investor to step directly into immediate cash flow with no delay!
Flexible use: keep as a high performing cash-flowing rental or convert to a primary home!
Centrally located near everything Savannah has to offer! Footsteps to Montgomery Hall and Barnard Village with SCAD bus access, just minutes to Downtown Savannah, and just blocks from Starland District, a street away from Ardsley Park and close to Memorial Health!
Pair with 112 W 52nd (2017 build, also available) to secure two strong-performing assets on the same street, generating nearly $100K annually in combined gross rent with built-in equity at $213/$219 per square foot — 25 w 51st St just sold for $257 per square foot just one street over!
Incredible Opportunity — Motivated Seller — Bring Us Your Offer!
Contact me today for more information and/or to schedule a showing!
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $4,075
Year Built
- Built in 1950
Lot Details
- 6,299 Sq Ft Lot
- Wood Fence
- 4 Pads in the community
- Property is zoned RM25
Home Design
- Bungalow
- Brick Exterior Construction
Interior Spaces
- 2,165 Sq Ft Home
- 2-Story Property
- Wood Burning Fireplace
- Fireplace Features Masonry
- Gas Fireplace
- Living Room with Fireplace
Bedrooms and Bathrooms
- 5 Bedrooms
- 2 Full Bathrooms
Laundry
- Laundry Room
- Laundry on upper level
- Washer and Dryer Hookup
Parking
- Attached Garage
- 1 Carport Space
- Off-Street Parking
Utilities
- Central Heating and Cooling System
- Electric Water Heater
Community Details
- No Home Owners Association
- Ardsley Park Area Subdivision
Listing and Financial Details
- Tax Lot 6
- Assessor Parcel Number 2008818015
Map
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 |
|---|---|---|---|---|
| 2025 | $4,075 | $110,520 | $13,200 | $97,320 |
| 2024 | $4,075 | $121,120 | $10,560 | $110,560 |
| 2023 | $1,238 | $101,480 | $10,560 | $90,920 |
| 2022 | $722 | $59,160 | $6,400 | $52,760 |
| 2021 | $2,351 | $50,400 | $5,120 | $45,280 |
| 2020 | $1,243 | $39,360 | $2,720 | $36,640 |
| 2019 | $2,264 | $39,360 | $2,720 | $36,640 |
| 2018 | $1,969 | $32,640 | $2,720 | $29,920 |
| 2017 | $1,429 | $34,160 | $3,440 | $30,720 |
| 2016 | $1,002 | $34,360 | $3,440 | $30,920 |
| 2015 | $2,000 | $34,880 | $3,440 | $31,440 |
| 2014 | $2,105 | $37,880 | $0 | $0 |
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 08/27/2025 08/27/25 | Price Changed | $475,000 | -4.0% | $219 / Sq Ft |
| 08/06/2025 08/06/25 | Price Changed | $495,000 | -0.8% | $229 / Sq Ft |
| 07/10/2025 07/10/25 | Price Changed | $499,000 | -5.0% | $230 / Sq Ft |
| 06/10/2025 06/10/25 | For Sale | $525,000 | +72.1% | $242 / Sq Ft |
| 03/18/2020 03/18/20 | Sold | $305,000 | 0.0% | $141 / Sq Ft |
| 02/03/2020 02/03/20 | Price Changed | $305,000 | 0.0% | $141 / Sq Ft |
| 02/03/2020 02/03/20 | For Sale | $305,000 | 0.0% | $141 / Sq Ft |
| 01/15/2020 01/15/20 | Off Market | $305,000 | -- | -- |
| 01/15/2020 01/15/20 | Pending | -- | -- | -- |
| 10/21/2019 10/21/19 | Price Changed | $289,000 | -3.3% | $134 / Sq Ft |
| 08/13/2019 08/13/19 | Price Changed | $299,000 | -6.3% | $138 / Sq Ft |
| 07/15/2019 07/15/19 | For Sale | $319,000 | -- | $148 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $305,000 | -- | |
| Deed | $41,750 | -- | |
| Foreclosure Deed | $41,750 | -- | |
| Deed | $93,245 | -- | |
| Deed | -- | -- |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $274,500 | New Conventional | |
| Previous Owner | $135,000 | Reverse Mortgage Home Equity Conversion Mortgage |
Source: Savannah Multi-List Corporation
MLS Number: SA332485
APN: 2008818015
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