Renovated Brick Duplex with Two- and Three-Bed
For Sale
$439,900
812 E Park Avenue, Savannah, GA 31401
MULTI_FAMILY - Savannah, GA
Property Size2,588 SF
Lot Size0.10 Acres
Price / SF$169.98
Days on Market48
Property Features for 812 E Park Avenue
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Zoning
R4
Bedrooms
5
Bathrooms
3
Full bathrooms
3
Rooms
Bathroom 2, Bedroom 2, Bedroom 5, Bathroom 1, Bedroom 3, Bedroom 4, Bedroom 1, Bathroom 3
Appliances
Electric Water Heater
Subdivision
Kelly
Directions
On Park headed west, the unit is on the right.
Standard status
Active
APN
2004212006
Size
2,588 SF
Lot size
0.10 Acres
Taxes and HOA fees
Tax Year
2025
Tax Description
LOT 5 KELLY WARD
Tax Annual Amount
4176
Legal Description
LOT 5 KELLY WARD
Utilities
Sewer type
Public Sewer
Heating system
Electric (Heating), Central
Cooling system
Central Air, Electric
Water source
Public
Building Details
Year built
1900
Floors in Building
2
Number of units
2
Building materials
Brick
Listing Agency:
Seaport Real Estate Group
(912) 202-2042
Listed By:
John R. Carr V · License #389664
(912) 228-0916
Added: Jun 19
Changed: Jul 30
Last Checked: Aug 5 at 7:06PM
MLS# SA358453
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 well-maintained duplex at 812 E Park Avenue features two separate floor plans within a brick structure built in 1900. The lower unit offers a 2-bedroom, 1-bath layout, while the upper unit provides a 3-bedroom, 2-bath floor plan. Both units have been renovated with durable LVP flooring and stainless steel appliances.
The property includes electric heating and central air conditioning, with an electric water heater. Public water and public sewer service are in place, supporting straightforward day-to-day operations. The home is on a 0.1047-acre lot and is zoned R4.
Positioned near SCAD, this duplex offers a practical setup for tenants seeking separate bedrooms and baths across two distinct units.
The property includes electric heating and central air conditioning, with an electric water heater. Public water and public sewer service are in place, supporting straightforward day-to-day operations. The home is on a 0.1047-acre lot and is zoned R4.
Positioned near SCAD, this duplex offers a practical setup for tenants seeking separate bedrooms and baths across two distinct units.
Key Highlights
- 0.1047‑acre lot and 2,588 SF duplex building on 812 E Park Avenue
- Lower unit: 2‑bedroom, 1‑bath layout; upper unit: 3‑bedroom, 2‑bath layout
- Renovated interiors include LVP flooring and stainless steel appliances in both units
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 | $41.9k | $16.20 |
| − Vacancy | −$2.7k | −$1.05 |
| EGI | $39.2k | $15.15 |
| − OpEx | −$11.8k | −$4.54 |
| NOI | $27.4k | $10.60 |
2,588 SF · lease $16.20/SF/yr · vacancy 6.50% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$392.0K
$343.0K – $457.3K
NOI $27,440 @ 7.0% cap · market cap 6.24%
Second Best
Apartment 5plus
$363.5K
$318.1K – $424.1K
NOI $25,447 @ 7.0% cap · market cap 5.78%
Theoretical Best
Warehouse
$2.42M
$2.12M – $2.82M
NOI $169,306 @ 7.0% cap · market cap 38.49%
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
812
Businesses Nearby
Explore this area
Business Placement
Demographics for 31401, GA
22,927
Population
11,832
Households
1.9
Avg Household Size
28
Median Age
48%
College-Educated
91%
High-School Grad
3.4 sq mi
ZIP Area
6,743
Density / Sq Mi
$50,182
Median Household Income
$27,309
Median Earnings
$1,428
Median Rent
$477,600
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 - Brick duplex on an R4-zoned lot featuring renovated two- and three-bedroom units with central electric HVAC and public utilities.
Where is this duplex located?
The property is located at 812 E Park Avenue Savannah, GA.
What is the asking price?
The asking price for this property is $439,900.
What are key features of this property?
This property features: 0.1047‑acre lot and 2,588 SF duplex building on 812 E Park Avenue; Lower unit: 2‑bedroom, 1‑bath layout; upper unit: 3‑bedroom, 2‑bath layout; Renovated interiors include LVP flooring and stainless steel appliances in both units
