Victorian
New
For Sale
$550,000
826 E Duffy Street, Savannah, GA 31401
Residential Income, Savannah, GA
Property Size2,505 SF
Lot Size0.12 Acres
Price / SF$219.56
Days on Market4
Property Features for 826 E Duffy Street
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Zoning
R4
Bedrooms
4
Bathrooms
4
Full bathrooms
4
Rooms
Bathroom 2, Bathroom 3, Bathroom 1, Bedroom 3, Bedroom 2, Bathroom 4, Bedroom 4, Bedroom 1
Parking features
On Street
Patio and Porch features
Porch
Fireplace
1
Appliances
Electric Water Heater
Subdivision
Telfair
Lot features
Alley
Directions
Take E Victory Dr towards Tybee. Turn left onto Paulsen St. Continue for about 1 mile and turn right onto E Duffy St. The home will be on your left.
Standard status
Active
APN
2004217025
Size
2,505 SF
Lot size
0.12 Acres
Taxes and HOA fees
Tax Year
2025
Tax Description
LOT A-1 RECOMBINATION OF LOTS A & B FORMERLY 202-204 TELAIR WD
Tax Annual Amount
5796
Legal Description
LOT A-1 RECOMBINATION OF LOTS A & B FORMERLY 202-204 TELAIR WD
Utilities
Sewer type
Public Sewer
Heating system
Electric (Heating), Forced Air
Cooling system
Central Air, Electric
Water source
Public
Amenities
laundry area
backyard
Building Details
Year built
1900
Floors in Building
2
Flooring type
Wood
Building materials
Frame
Architectural style
Victorian
Listing Agency:
Salt Marsh Realty LLC
(912) 298-0776
Listed By:
Rebecca Amberg · License #427831
(908) 279-4204
Added: Sep 24
Last Checked: Sep 27 at 1:06PM
MLS# SA365180
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.
Built in 1900, this 2,505-square-foot duplex contains two residences, each with two bedrooms, two bathrooms, and a separate laundry area. The frame building features Victorian architecture, wood flooring, high ceilings, non-operational fireplaces, and a porch. Central air conditioning and electric forced-air heat serve the property. The parcel encompasses 0.1167 acres, and zoning is R4.
Located at 826 E Duffy Street in Savannah, the property is four minutes from Forsyth Park and six minutes from Daffin Park and the Savannah Bananas. Target and Home Depot are eight minutes away. Public water and sewer serve the site.
Located at 826 E Duffy Street in Savannah, the property is four minutes from Forsyth Park and six minutes from Daffin Park and the Savannah Bananas. Target and Home Depot are eight minutes away. Public water and sewer serve the site.
Key Highlights
- Two residences, each configured with 2 bedrooms and 2 bathrooms
- 2,505‑square‑foot building on a 0.1167‑acre parcel
- Built in 1900 with Victorian architectural style
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$26,560
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
4.83%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$531,200
$531.2K
Cap Rate 7%
$379,429
$379.4K
Cap Rate 9%
$295,111
$295.1K
Market Conditions
NOI Build-Up for 2,505 SF
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.
Gross rent
$40.6K $16.20/SF
− Vacancy
−$2.6K −$1.05/SF
EGI
$37.9K $15.15/SF
− OpEx
−$11.4K −$4.54/SF
NOI
$26.6K $10.60/SF
Area
Savannah, GA
Vacancy
6.50%
Lease Rate
$16.20 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$531,200
Cap Rate 7%
$379,429
Cap Rate 9%
$295,111
Alternative Uses
Best Use
Multifamily LT 5
$379.4K
$332.0K – $442.7K
NOI $26,560 @ 7.0% cap · market cap 4.83%
Second Best
Apartment 5plus
$351.9K
$307.9K – $410.5K
NOI $24,631 @ 7.0% cap · market cap 4.48%
Theoretical Best
Warehouse
$2.34M
$2.05M – $2.73M
NOI $163,876 @ 7.0% cap · market cap 29.80%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Open Analytics
Current Use
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
740
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
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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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 - Both residences offer two bedrooms, two bathrooms, and dedicated laundry areas.
Where is this duplex located?
The property is located at 826 E Duffy Street Savannah, GA.
What is the asking price?
The asking price for this property is $550,000.
What are key features of this property?
This property features: Two residences, each configured with 2 bedrooms and 2 bathrooms; 2,505‑square‑foot building on a 0.1167‑acre parcel; Built in 1900 with Victorian architectural style
