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Duplex with Rented Back Unit

8621 Ferguson Avenue Savannah, GA 31406

8621 Ferguson Avenue, Savannah, GA, 31406
$449,000
For Sale
$449,000

MULTI_FAMILY - Savannah, GA

Property Size2,300 SF
Lot Size0.91 Acres
Price / SF$195.22
Days on Market304

Property Features for 8621 Ferguson Avenue

General Information

Property type
Residential Multi Family
Property subtype
Other
Zoning
R1
Bedrooms
6
Bathrooms
3
Rooms
Bathroom 2, Bathroom 1, Bedroom 5, Bedroom 2, Bathroom 3, Bedroom 4, Bedroom 1, Bedroom 3, Bedroom 6
Interior features
Ceiling Fan(s)
Appliances
Electric Water Heater
Standard status
Active
APN
1037802004
Size
2,300 SF
Lot size
0.91 Acres

Taxes and HOA fees

Tax Year
2024
Tax Description
PART OF LOT 2 SUB OF WEST PART O F LOTS 11 AND 12 CEDAR HAMMOCK

Utilities

Sewer type
Septic Tank
Heating system
Central, Electric (Heating)
Cooling system
Electric, Central Air
Water source
Public

Building Details

Year built
1920
Floors in Building
1
Number of units
2
Building materials
Wood Siding
Roof type
Metal
Listing Agency Epique Realty
1055 Howell Mill RD 8th Floor, Buford, GA
Listed by Ed Yannett · License #349501
Added: Sep 18, 2025 Checked: Jul 18 at 8:06 pm
MLS# SA339941

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 duplex rental property on one lot includes two units. The front home is owner-occupied, while the back unit is currently rented. The listing also notes recent improvements and the possibility of renting the front unit if desired.

The property is located at 8621 Ferguson Avenue in Savannah, Georgia 31406, within an R1 zoning designation. The listing describes the area as having nearby retail and services, including large-format retailers and a school.

The lot size is 0.9087 acres, with a total property size of 2,300 square feet.

Key Highlights

  • 1‑acre property in Sandfly, GA with two units: front home owner‑occupied and back unit currently rented
  • Two‑unit setup offers flexibility to rent the front house if you choose
  • Central heating and central air with electric heating and electric cooling

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 $37.3k $16.20
− Vacancy −$2.4k −$1.05
EGI $34.8k $15.15
− OpEx −$10.5k −$4.54
NOI $24.4k $10.60
2,300 SF · lease $16.20/SF/yr · vacancy 6.50% · expense 30.00%

Alternative Uses

Best Use
Multifamily LT 5
$348.4K
$304.8K – $406.5K (±1% cap)
NOI $24,387 @ 7.0% cap · market cap 5.43%
Second Best
Apartment 5plus
$323.1K
$282.7K – $376.9K (±1% cap)
NOI $22,616 @ 7.0% cap · market cap 5.04%
Theoretical Best
Warehouse
$2.15M
$1.88M – $2.51M (±1% cap)
NOI $150,465 @ 7.0% cap · market cap 33.51%
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

Dental Office Real Estate Agency Spa & Massage Center Parking Lot & Garage Building Supply Law Firm Skin Care Clinic HVAC Service Nail Salon (Bike/Boat/Book/etc) Store

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

FAQs

What type of property is this?
Duplex - Duplex on a single lot with an owner-occupied front home and a rented back unit in an R1 zone.
Where is this duplex located?
The property is located at 8621 Ferguson Avenue Savannah, GA.
What is the asking price?
The asking price for this property is $449,000.
What are key features of this property?
This property features: 1‑acre property in Sandfly, GA with two units: front home owner‑occupied and back unit currently rented; Two‑unit setup offers flexibility to rent the front house if you choose; Central heating and central air with electric heating and electric cooling
Contact an agent
More about this property
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