New Construction Duplex with
For Sale
$924,900
1228 E Anderson Street, Savannah, GA 31404
MULTI_FAMILY - Other - Savannah, GA
Property Size3,494 SF
Lot Size0.11 Acres
Price / SF$264.71
Days on Market9
Property Features for 1228 E Anderson Street
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Property condition
Under Construction
Zoning
TR-2
Zoning description
Multi Family
Bedrooms
6
Bathrooms
8
Full bathrooms
8
Half bathrooms
2
Rooms
Bedroom 6, Bedroom 4, Bathroom 5, Bedroom 1, Bathroom 3, Bedroom 3, Bathroom 8, Bathroom 2, Bathroom 1, Bedroom 5, Bedroom 2, Bathroom 4, Bathroom 7, Bathroom 6
Parking features
Parking Lot
Security features
Security Lighting
Patio and Porch features
Porch
Interior features
Ceiling Fan(s), Pull Down Attic Stairs, Fireplace, Programmable Thermostat
Exterior features
Balcony, Courtyard
Fencing
Privacy, Fenced
Fireplace
1
Appliances
Some Electric Appliances, Dryer, Electric Water Heater, Disposal, Microwave, Oven, Range, Washer, Refrigerator
Lot features
Alley
Directions
Coming from Downtown, turn left on E Anderson st. Pass Live Oak street crossing. Your house is on the left right before Cedar St.
Standard status
Active
APN
2005605003
Size
3,494 SF
Lot size
0.11 Acres
Taxes and HOA fees
Tax Description
Lot 230, Block A of Ballantyne Ward
Legal Description
Lot 230, Block A of Ballantyne Ward
Utilities
Sewer type
Public Sewer
Heating system
Electric (Heating), Heat Pump (Heating)
Cooling system
Central Air, Electric, Heat Pump
Water source
Public
Amenities
electric fireplaces
high ceilings
wood cabinetry
quartz countertops
premium appliances
oversized islands
private en-suite bathrooms
walk-in closets
tray ceilings
balcony
fully fenced courtyard
Building Details
Year built
2025
Floors in Building
2
Number of units
2
Flooring type
Vinyl
Building materials
Frame, Concrete
Roof type
Asphalt
Architectural style
Other
Listing Agency:
Realty One Group Inclusion
(912) 298-7200
Listed By:
Inna Adams · License #385233
(912) 844-1846
Added: Jul 23
Changed: Jul 30
Last Checked: Jul 31 at 4:06AM
MLS# SA361083
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.
New construction duplex under development at 1228 E Anderson Street in Savannah, GA 31404, built in 2025 with frame and concrete materials and an asphalt roof. The property is identified as having public water and public sewer services and is currently listed as under construction.
The layout includes two spacious units, each featuring three bedrooms and 3.5 bathrooms, with nearly 1,750 square feet of living area per unit. Interior features include ceiling fan(s), pull-down attic stairs, and a fireplace, along with a programmable thermostat. Heating and cooling are electric with heat pump components and central air. Appliances listed include a range, microwave, oven, refrigerator, disposal, washer and dryer, and an electric water heater.
Outside amenities include a balcony, a courtyard, and a fenced, privacy-focused outdoor space, with a porch and parking lot parking. The duplex is zoned TR-2.
The layout includes two spacious units, each featuring three bedrooms and 3.5 bathrooms, with nearly 1,750 square feet of living area per unit. Interior features include ceiling fan(s), pull-down attic stairs, and a fireplace, along with a programmable thermostat. Heating and cooling are electric with heat pump components and central air. Appliances listed include a range, microwave, oven, refrigerator, disposal, washer and dryer, and an electric water heater.
Outside amenities include a balcony, a courtyard, and a fenced, privacy-focused outdoor space, with a porch and parking lot parking. The duplex is zoned TR-2.
Key Highlights
- Under construction new build duplex with Year Built 2025
- 0.107‑acre lot with fenced courtyard and privacy fencing
- Zoned TR‑2
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 | $56.6k | $16.20 |
| − Vacancy | −$3.7k | −$1.05 |
| EGI | $52.9k | $15.15 |
| − OpEx | −$15.9k | −$4.54 |
| NOI | $37.0k | $10.60 |
3,494 SF · lease $16.20/SF/yr · vacancy 6.50% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$529.2K
$463.1K – $617.5K
NOI $37,047 @ 7.0% cap · market cap 4.01%
Second Best
Apartment 5plus
$490.8K
$429.5K – $572.6K
NOI $34,356 @ 7.0% cap · market cap 3.71%
Theoretical Best
Warehouse
$3.27M
$2.86M – $3.81M
NOI $228,576 @ 7.0% cap · market cap 24.71%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
414
Businesses Nearby
Explore this area
Business Placement
Demographics for 31404, GA
31,530
Population
14,427
Households
2.2
Avg Household Size
35
Median Age
28%
College-Educated
89%
High-School Grad
13.7 sq mi
ZIP Area
2,301
Density / Sq Mi
$49,805
Median Household Income
$31,620
Median Earnings
$1,199
Median Rent
$193,100
Median Home Value
Market
Vacancy Rate% for Multifamily in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Duplex - Duplex under construction on a fenced courtyard lot in zoning TR-2 with electric and heat pump HVAC and public utilities.
Where is this duplex located?
The property is located at 1228 E Anderson Street Savannah, GA.
What is the asking price?
The asking price for this property is $924,900.
What are key features of this property?
This property features: Under construction new build duplex with Year Built 2025; 0.107‑acre lot with fenced courtyard and privacy fencing; Zoned TR‑2
