Contemporary Duplex with
For Sale
$1,080,000
102 Stuart Street, Savannah, GA 31405
Residential Income, Savannah, GA
Property Size4,158 SF
Lot Size1.14 Acres
Price / SF$259.74
Days on Market200
Property Features for 102 Stuart Street
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Zoning
R6
Bedrooms
4
Bathrooms
6
Full bathrooms
4
Half bathrooms
2
Rooms
Bedroom 4, Bathroom 5, Bathroom 6, Bathroom 1, Bedroom 3, Bathroom 2, Bathroom 4, Bedroom 2, Bathroom 3, Bedroom 1
Fencing
Fenced
Fireplace
1
Appliances
Dishwasher, Disposal, Gas Water Heater, Oven, Range, Refrigerator, Range Hood
Subdivision
Habersham Woods
Directions
East on Derenne Ave to Habersham St, Turn Right on Habersham St, Turn Right on Stuart St (Private Drive), Home on Right. No Sign.
Standard status
Active
APN
20143 05002
Size
4,158 SF
Lot size
1.14 Acres
Taxes and HOA fees
Tax Year
2025
Tax Description
BLOCK 184 OAKDALE SUB MINGLEDORF F WARD & PT OF STREET
Tax Annual Amount
10172
Legal Description
BLOCK 184 OAKDALE SUB MINGLEDORF F WARD & PT OF STREET
Utilities
Utilities
Cable Available
Sewer type
Septic Tank
Heating system
Natural Gas, Central
Cooling system
Central Air, Electric
Water source
Public
Amenities
pool
patio
Building Details
Year built
1984
Floors in Building
1
Number of units
1
Flooring type
Tile
Building materials
Stucco
Roof type
Rubber, Rolled Hot Mop
Architectural style
Contemporary
Listing Agency:
Next Move Real Estate LLC
(912) 295-5807
Listed By:
Scotti Moore · License #331532
(912) 272-8600
Added: Feb 12
Changed: Aug 24
Last Checked: Aug 31 at 5:06AM
MLS# SA349049
Copyright © 2026 Hive MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This 4,158-square-foot contemporary duplex property, built in 1984, occupies 1.136 acres in Savannah. The U-shaped design centers on a private patio and custom swimming pool, with floor-to-ceiling windows, rounded walls, glass block features, high ceilings, spiral stairs, and an Italian marble fireplace. The residence includes four bedrooms and six bathrooms, including a separate-entry mother-in-law suite that has been adapted for rental use. The primary suite offers a walk-in closet, electric fireplace, and dedicated bath area.
The remodeled 664-square-foot kitchen features Saltillo tile, a Forno Italian gas range, custom island seating, a walk-in pantry, wet bar, and extensive storage. Guest bedrooms provide private baths, walk-in closets, and patio access. Additional property features include stucco construction, tile flooring, central heating and air conditioning, public water, septic service, fenced grounds, and R6 zoning. The property is located at 102 Stuart Street in Savannah, Georgia 31405.
The remodeled 664-square-foot kitchen features Saltillo tile, a Forno Italian gas range, custom island seating, a walk-in pantry, wet bar, and extensive storage. Guest bedrooms provide private baths, walk-in closets, and patio access. Additional property features include stucco construction, tile flooring, central heating and air conditioning, public water, septic service, fenced grounds, and R6 zoning. The property is located at 102 Stuart Street in Savannah, Georgia 31405.
Key Highlights
- 4,158‑square‑foot contemporary property on 1.136 acres
- Built in 1984 with R6 zoning
- Custom swimming pool, private patio, and fenced grounds
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$44,087
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
4.08%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$881,740
$881.7K
Cap Rate 7%
$629,814
$629.8K
Cap Rate 9%
$489,856
$489.9K
Market Conditions
NOI Build-Up for 4,158 SF
Vacancy — income lost from leasable area expected to sit empty during the year, subtracted from gross rent.
EGI (Effective Gross Income) — gross rent minus vacancy losses, the realistic income before paying operating costs.
OpEx (Operating Expenses) — recurring costs to operate the property (property tax, insurance, utilities, maintenance, management); excludes financing and capital improvements.
NOI (Net Operating Income) — income a property generates after operating costs but before financing and taxes.
Gross rent
$67.4K $16.20/SF
− Vacancy
−$4.4K −$1.05/SF
EGI
$63.0K $15.15/SF
− OpEx
−$18.9K −$4.54/SF
NOI
$44.1K $10.60/SF
Area
Savannah, GA
Vacancy
6.50%
Lease Rate
$16.20 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$881,740
Cap Rate 7%
$629,814
Cap Rate 9%
$489,856
Alternative Uses
Best Use
Multifamily LT 5
$629.8K
$551.1K – $734.8K
NOI $44,087 @ 7.0% cap · market cap 4.08%
Second Best
Apartment 5plus
$584.1K
$511.1K – $681.4K
NOI $40,885 @ 7.0% cap · market cap 3.79%
Theoretical Best
Warehouse
$3.89M
$3.40M – $4.53M
NOI $272,014 @ 7.0% cap · market cap 25.19%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
1,295
Businesses Nearby
Explore this area
Business Placement
Demographics for 31405, GA
38,069
Population
16,809
Households
2.3
Avg Household Size
36
Median Age
35%
College-Educated
90%
High-School Grad
31.2 sq mi
ZIP Area
1,220
Density / Sq Mi
$62,123
Median Household Income
$35,836
Median Earnings
$1,431
Median Rent
$304,800
Median Home Value
Market
Vacancy Rate% for Multifamily in South region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Duplex - Four-bedroom property with a separate-entry suite, expansive kitchen, private patio, and fenced grounds.
Where is this duplex located?
The property is located at 102 Stuart Street Savannah, GA.
What is the asking price?
The asking price for this property is $1,080,000.
What are key features of this property?
This property features: 4,158‑square‑foot contemporary property on 1.136 acres; Built in 1984 with R6 zoning; Custom swimming pool, private patio, and fenced grounds
