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111 Lincoln Street #1B, Savannah, GA, 31401

2beds
1baths
1,087sqft
$645,000
$593price/sqft
$4,264/moest. monthly cost
$170,560/yrincome needed

About This Home

STVRs ALLOWED & LOCATION, LOCATION, LOCATION… Don’t miss the chance to own this stunning 2-bedroom apartment w/ refinished original hardwood floors, situated on the entry level of Savannah’s iconic Lincoln Plaza with an active non owner occupied STVR certificate in place. This Turnkey property is secure & perfectly situated on the corner of East State & Lincoln. Nestled between Columbia & Oglethorpe Squares, puts you within easy walking distance to everything the downtown Historic District has to offer, while still being able to enjoy some peace & quiet. This first-floor walkup is in immaculate condition & would make a wonderful home or 2nd home or vacation home & rental when not in your use. It has a separate laundry room & sale includes furniture, linens, flatware, glassware, etc… (minus a few items), making the transition to getting your own STVR license a breeze. With stellar rental income history over the past 12 months and located just a half block from the St. Patrick’s Day parade route, this property offers the rare combination of charm, convenience, and investment potential in one of Savannah’s most sought-after downtown locations.

Getting Around

98
WalkingWalker's Paradise
0
TransitVery Limited Transit
89
BikeVery Bikeable

Construction

Condition

  • Year built: 1910

Materials

  • Construction materials: Brick

Type & Style

  • Home type: Condo
  • Architectural style: Traditional
  • Property subType: Condominium

Interior

Appliances

  • Appliances included: Some Electric Appliances,Cooktop,Dishwasher,Electric Water Heater,Microwave,Oven,Range,Range Hood,Dryer,Refrigerator,Washer
  • Laundry features: Washer Hookup,Dryer Hookup,In Hall

Bedrooms & Bathrooms

  • Bedrooms: 2
  • Bathrooms: 1
  • Full bathrooms: 1
  • Main level bathrooms: 1
  • Main level bedrooms: 2

Features

  • Ceiling Fan(s),Fireplace
  • Fireplace: Yes
  • Common walls with other units/homes: 1 Common Wall

Heating & Cooling

  • Heating features: Central,Electric
  • Cooling features: Central Air,Electric

Interior Area

  • Total interior livable area: 1,087 sqft

Property

Details

  • Parcel number: 2000447049
  • Attached to another structure: Yes
  • Zoning: BC1
  • Special condition: Standard

Features

  • Has view: Yes
  • View description: Panoramic

Lot

  • Lot size: 500.94 sqft

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Coastal Flooding
    Coastal FloodingVery High
  • Hurricane
    HurricaneVery High
  • Earthquake
    EarthquakeRelatively High
  • Inland Flooding
    Inland FloodingRelatively High
  • Lightning
    LightningRelatively High
  • Cold Wave
    Cold WaveModerate
  • Heat Wave
    Heat WaveModerate
  • Ice Storm
    Ice StormModerate
  • Strong Wind
    Strong WindModerate
  • Tornado
    TornadoModerate

How This Home’s Risks Compare

Coastal Flooding
Hurricane
Earthquake
Inland Flooding
Lightning
Cold Wave
Heat Wave
Ice Storm
Strong Wind
Tornado

FEMA Declared Disasters Across Georgia Counties

Hurricane
Tropical Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $3,261$39,132
Home Insurance *$349$4,188
Property Taxes $435$5,220
Electricity $219$2,637
Total$4,264$51,168
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$146,194/yr
40% on housing$127,920/yr
45% on housing$113,706/yr

Georgia FAIR Plan Programs

Georgia Underwriting Association

Covered
WildfireWildfire
Add-on available
WindWind
Visit Website →

Georgia Underwriting Association - Coastal

Covered
HailHail
WindWind
Visit Website →
Current Policies
Residential: 8,778Commercial: 638
Total Premiums$16.25M
Total Exposure$2.20B

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 3.6%
3.6%
0%30.0%
Electricity Growth Rate10-year average: 5.5%
5.5%
0%15.0%
Property Taxes Growth Rate2-year average: 0.1%
0.1%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$593This listing

vs Other Active Listings

Avg $/sqft

ZIP 31401$369
Chatham County$225

vs Homes Sold Last Month

Median $/sqft

ZIP 31401$321
Chatham County$203

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-05-06Price change$645,000
2026-02-19Listed for sale$658,000
2025-01-27Sold$658,000
2022-09-30Sold$625,000
2022-09-25Pending sale$690,000
2022-08-20Contingent$690,000
2022-08-20Listed for sale$690,000
2022-08-16Contingent$690,000
2022-08-05Listed for sale$690,000
2022-05-31Listing removed--
2022-04-30Price change$749,000
2022-03-31Listed for sale$777,000
2021-03-09Sold$350,000
2021-02-15Contingent$399,900
2021-01-08Listed for sale$399,900
2010-07-27Sold$205,000

For Sale by Agent

AgentBeth Lynah Vickers
BrokerageRealty One Group Inclusion

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