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Renovated Duplex in Live Oak

1114 E Anderson Street Savannah, GA 31404

1114 E Anderson Street, Savannah, GA, 31404
$549,000
For Sale
Claim this Listing
$549,000

MULTI_FAMILY - Savannah, GA

Property Size2,748 SF
Lot Size0.08 Acres
Price / SF$199.78
AddedMar 22
Days on Market117
Last RefreshJul 16 at 1:06 am

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 1, Bedroom 1, Bathroom 2, Bathroom 3, Bedroom 3, Bathroom 4, Bedroom 2, Bedroom 4
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
Electric (Heating), Central
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

Listing office Seabolt Real Estate 24 E Oglethorpe Avenue, Savannah, GA

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.


Investment Insights

Based on property information with market context.

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.

Key Highlights

  • Fully renovated duplex originally gutted and renovated in 2017/2018, with major 2024 upgrades including new siding and exterior railings
  • Two units, each with 2 bedrooms and 2 full bathrooms; upstairs also has an additional bonus room
  • 2024 upgrades include updated quartz countertops and sinks

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 (±1% cap)
NOI $29,137 @ 7.0% cap · market cap 5.31%
Second Best
Apartment 5plus
$386.0K
$337.8K – $450.4K (±1% cap)
NOI $27,021 @ 7.0% cap · market cap 4.92%
Theoretical Best
Warehouse
$2.57M
$2.25M – $3.00M (±1% cap)
NOI $179,773 @ 7.0% cap · market cap 32.75%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Duplexes

Suggested Use

Building Supply HVAC Service Skin Care Clinic Parking Lot & Garage Pharmacy Accounting Firm (Bike/Boat/Book/etc) Store Bakery Plumbing Service Kitchen & Bath Showroom

Zoning and permitted uses should be independently verified with local authorities.

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 originally gutted and renovated in 2017/2018, with major 2024 upgrades including new siding and exterior railings; Two units, each with 2 bedrooms and 2 full bathrooms; upstairs also has an additional bonus room; 2024 upgrades include updated quartz countertops and sinks
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