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    1228 E Anderson St, Unit unit A & B Savannah, GA 31404

    Sponsored
    For Sale
    $970,000

    MULTI_FAMILY - Other - Savannah, GA

    Property size:
    3,494 SF
    Lot size:
    0.11 Acres
    Days on Market:
    2
    Last Refresh:
    Mar 3 at 7:50 pm

    Property Features for 1228 E Anderson St

    General Information

    Special listing conditions
    Standard
    Property type
    Residential Multi Family
    Property subtype
    Other
    Property condition
    Under Construction
    TransactionType
    Standard
    Standard status
    Active
    Security features
    Security Lighting
    Zoning
    TR-2
    Rooms
    Bathroom 5, Bathroom 2, Bathroom 6, Bedroom 4, Bedroom 5, Bedroom 3, Bathroom 4, Bedroom 1, Bathroom 8, Bathroom 1, Bathroom 7, Bedroom 2, Bedroom 6, Bathroom 3
    Bedrooms
    6
    Bathrooms
    8
    APN
    2005605003
    Parking features
    Parking Lot
    Patio and Porch features
    Porch
    Interior features
    Pull Down Attic Stairs, Fireplace, Programmable Thermostat
    Exterior features
    Balcony, Courtyard
    Fencing
    Fenced, Privacy
    Fireplace
    1
    Appliances
    Some Electric Appliances, Electric Water Heater, Disposal, Microwave, Oven, Range, Refrigerator
    Size
    3,494 SF
    Lot size
    0.11 Acres

    Utilities

    Sewer type
    Public Sewer
    Heating system
    Electric (Heating), Heat Pump (Heating)
    Cooling system
    Central Air, Heat Pump, Electric
    Water source
    Public

    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

    We can help!

    Listing Contact
    Inna Adams
    Inna Adams

    Realty One Group Inclusion (912) 298-7200

    Listing agent Inna Adams (912) 298-7200 License #385233

    Listing date Mar 2, 2026

    MLS# SA350177

    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.

    Learn more

    Property Insight Report

    Overview

    New Duplex in Historic Savannah

    This new construction duplex is located in Savannah, surrounded by historic Victorian homes and tree-lined streets. The property features two units, each with 3 bedrooms and 3.5 bathrooms, and 1,747 square feet of living space. These units are suitable for executive rentals, long-term tenants, or owner-occupancy with income potential. Both units include open floor plans, high ceilings, and electric fireplaces. The kitchens are equipped with wood cabinetry, quartz counters, and premium appliances. Each bedroom has an en-suite tiled bath and walk-in closet. Additional features include tall doors, spacious laundry rooms, and shared storage. Durable, low-maintenance finishes are incorporated throughout the property. The upper unit includes tray ceilings and a large balcony with bonus storage. The property is fully fenced and includes a concrete courtyard. It is located minutes from Downtown, SCAD buildings, hospitals, parks, dining, and other Savannah attractions. The lot size is 0.107 acres, and the total property size is 3,494 square feet. The property is zoned TR-2.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Duplexes

    Suggested Use

    Law Firm Real Estate Agency Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Daycare Center

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

    Location Insight

    • Map
    • Local Demand
    City
    Savannah
    County
    Chatham
    State
    Georgia
    Longitude
    -81.078621
    Latitude
    32.057371

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    FAQs

    What type of property is this?
    Duplex - Upscale duplex with income potential near downtown Savannah.
    Where is this duplex located?
    The property is located at 1228 E Anderson St, Unit unit A & B Savannah, GA.
    What is the asking price?
    The asking price for this property is $970,000.
    What are key features of this property?
    This property features: - New construction duplex in prime Savannah location; - Dual income potential with two upscale 3BR/3.5BA units; - Luxury finishes and modern amenities including electric fireplaces and quartz counters
    (912) 844-1846
    Request Owner's contact information
    1228 E Anderson St, Unit unit A & B Savannah, GA 31404
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    Savannah, GA 31404
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1228 E Anderson St, Unit unit A & B Savannah, GA 31404
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    We can help!
    Listing Contact
    Inna Adams
    Inna Adams
    Real Estate License ID: 385233
    (912) 844-1846 (912) 298-7200
    Learn more
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