1954 Segunda División de Chile
| Season | 1954 |
|---|---|
| Champions | O'Higgins Braden |
| Promoted | O'Higgins Braden América de Rancagua |
| Relegated | Thomas Bata La Cruz Football Club |
| Top goalscorer | Jorge Peñaloza (O'Higgins Braden; 23 goals) |
← 1953 1955 → | |
The 1954 Segunda División de Chile was the third season of the Segunda División de Chile.
O'Higgins Braden was the tournament's winner.