Renovated Duplex in Live
1114 E Anderson Street, Savannah, GA 31404
MULTI_FAMILY - Savannah, GA
Property size:
2,748 SFLot size:
0.08 AcresPrice / SF:
$199/SF- Added:
- Mar 22, 2026
- Days on Market:
- 71
- Last Refresh:
- May 31 at 6:06 pm
Property Features for 1114 E Anderson Street
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Zoning
- R4
- Bedrooms
- 4
- Bathrooms
- 4
- Rooms
- Bathroom 4, Bedroom 4, Bathroom 1, Bedroom 1, Bathroom 2, Bedroom 2, Bedroom 3, Bathroom 3
- Appliances
- Electric Water Heater
- Standard status
- Active
- APN
- 2005507010
- Size
- 2,748 SF
- Lot size
- 0.08 Acres
Taxes and HOA fees
- Tax Description
- 248 BALLANTYNE WD
Utilities
- Sewer type
- Public Sewer
- Heating system
- Central, Electric (Heating)
- Cooling system
- Central Air, Electric
- Water source
- Public
Building Details
- Year built
- 1910
- Floors in Building
- 2
- Number of units
- 2
Listing agent Taavo Roos License #382783 (912) 429-6729
Listing office Seabolt Real Estate 24 E Oglethorpe Avenue, Savannah, GA (912) 233-6609
Listing date Mar 22, 2026
MLS# SA351803
Listing URL
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.
HighLights
- Fully renovated duplex in Savannah's Live Oak neighborhood, offering immediate flexibility for owner‑occupancy or investment.
- Turnkey property with significant 2024 upgrades: new siding, exterior railings, and updated quartz countertops/sinks.
- Each unit features 2 bedrooms and 2 full baths, high ceilings, oversized bedrooms, and spacious living areas.
- Strong rental history with potential income from both units (previous rents ~$1,950 and ~$2,100-$2,200).
- Includes desirable amenities: central HVAC, off‑street parking, private backyard, and detached storage building.
- Upstairs unit has a bonus room and front porch; downstairs unit has a private patio.
Overview
This fully renovated duplex is located in Savannah's Live Oak neighborhood. Originally gutted and renovated in 2017/2018, the property has seen significant additional upgrades in 2024, including brand-new siding, exterior railings, and updated quartz countertops and sinks. Each unit features 2 bedrooms and 2 full baths, high ceilings, oversized bedrooms, and spacious, light-filled living areas. The upstairs unit includes an additional bonus room and a charming front porch, while the downstairs unit has a private patio. Additional features include central HVAC, off-street parking, a private backyard, and a detached storage building with potential for future conversion. The property, situated on a 0.077-acre lot, offers a total of 2748 square feet of living space. It has a strong rental history with previous rents of approximately $1,950 + pet fee (downstairs) and ~$2,100-$2,200 (upstairs), offering solid income potential in a rapidly growing area. The upstairs unit has just become vacant, creating immediate flexibility to occupy one unit while generating income from the other. The property is zoned R4. It is ideal for a live-in owner or investor.
Local Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- 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.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $44.5k | $16.20 |
| − Vacancy | −$2.9k | −$1.05 |
| EGI | $41.6k | $15.15 |
| − OpEx | −$12.5k | −$4.54 |
| NOI | $29.1k | $10.60 |
2,748 SF · lease $16.20/SF/yr · vacancy 6.50% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$416.2K
$364.2K – $485.6K
NOI $29,137 @ 7.0% cap · market cap 5.31%
Second Best
Apartment 5plus
$386.0K
$337.8K – $450.4K
NOI $27,021 @ 7.0% cap · market cap 4.92%
Theoretical Best
Warehouse
$2.57M
$2.25M – $3.00M
NOI $179,773 @ 7.0% cap · market cap 32.75%
Zoning and permitted uses should be independently verified with local authorities.
Property Profile
Location Intelligence
Current Use by Public Records
Duplexes
Location Insight
- Map
- Local Demand
- City
- Savannah
- County
- Chatham
- State
- Georgia
- Longitude
- -81.080592
- Latitude
- 32.057994
Nearby Similar for Sale
FAQs
What type of property is this?
Duplex - Turnkey duplex with strong rental history in Savannah's Live Oak.
Where is this duplex located?
The property is located at 1114 E Anderson Street Savannah, GA.
What is the asking price?
The asking price for this property is $549,000.
What are key features of this property?
This property features: Fully renovated duplex in Savannah's Live Oak neighborhood, offering immediate flexibility for owner‑occupancy or investment.; Turnkey property with significant 2024 upgrades: new siding, exterior railings, and updated quartz countertops/sinks.; Each unit features 2 bedrooms and 2 full baths, high ceilings, oversized bedrooms, and spacious living areas.
