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Colonial Home with Carriage House ADU

90 Varnedoe Avenue Savannah, GA 31408

90 Varnedoe Avenue, Savannah, GA, 31408
$487,000
For Sale
Claim this Listing
$487,000

MULTI_FAMILY - Colonial - Savannah, GA

Property Size1,930 SF
Lot Size0.74 Acres
Price / SF$252.33
AddedApr 27
Days on Market81
Last RefreshJul 16 at 1:06 am

Property Features for 90 Varnedoe Avenue

General Information

Property type
Residential Multi Family
Property subtype
Other
Zoning
R1
Bedrooms
4
Bathrooms
3
Rooms
Bedroom 2, Bedroom 3, Bathroom 3, Bathroom 1, Bedroom 4, Bedroom 1, Bathroom 2
Parking features
RV
Window features
Double Pane Windows
Patio and Porch features
Deck, Patio, Porch
Interior features
Ceiling Fan(s)
Exterior features
Deck
Fencing
Privacy
Appliances
Disposal, Gas Water Heater, Oven, Plumbed For Ice Maker, Range, Refrigerator
Standard status
Active
APN
60009 03002
Size
1,930 SF
Lot size
0.74 Acres

Taxes and HOA fees

Tax Year
2025
Tax Description
LOT 12 SUB OF 61 THRU 75 IND CIT Y GDNS
Tax Annual Amount
1709

Utilities

Sewer type
Public Sewer
Heating system
Central, Natural Gas
Cooling system
Central Air, Electric
Water source
Public

Building Details

Year built
1935
Floors in Building
1
Number of units
2
Flooring type
Vinyl, Tile
Building materials
Frame, Metal Siding
Roof type
Composition
Architectural style
Colonial

Listing agent Scotti Moore License #331532

Listing office Next Move Real Estate LLC 5715 Hwy 21 S Unit A, Rincon, GA

Listing date Apr 27, 2026

MLS# SA354794 Listing URL

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.

Restored Colonial Revival property built in 1935, featuring prominent front portico and refined Georgian-Style details. The main home includes 3 bedrooms, 2 full bathrooms, and a dedicated laundry area, with original pine and hardwood flooring, 9' ceilings, rounded corners, and preserved interior details such as picture rails and original plasterwork. The kitchen has been renovated with leathered marble countertops, a farmhouse sink, and updated cabinetry and finishes.

The second dwelling is a turn-key carriage house ADU with 1 bedroom, 1 bathroom, a private entrance, and its own laundry room. It is currently an income-producing property with an active STVR permit, and totals 520 square feet. Set on approximately 0.74 acres, the grounds include a circular driveway and established Lowcountry landscaping with Spanish moss-draped oak trees and producing Georgia pecan trees. The property is zoned R1 and includes additional features such as RV readiness and pre-wiring for an EV charging station. Located at 90 Varnedoe Avenue in Savannah (31408), with the listing noting quick access to Historic Downtown Savannah and the Savannah River.

Key Highlights

  • Totally restored 1935 Colonial Revival home with main home and separate carriage house ADU on 0.74 acres
  • Main home offers 1,410 SF with 3 bedrooms, 2 full baths, and a dedicated laundry area
  • Completely renovated kitchen with leathered marble countertops, farmhouse sink, and ample cabinet and counter space

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 $31.3k $16.20
− Vacancy −$2.0k −$1.05
EGI $29.2k $15.15
− OpEx −$8.8k −$4.54
NOI $20.5k $10.60
1,930 SF · lease $16.20/SF/yr · vacancy 6.50% · expense 30.00%

Alternative Uses

Best Use
Multifamily LT 5
$292.3K
$255.8K – $341.1K (±1% cap)
NOI $20,464 @ 7.0% cap · market cap 4.20%
Second Best
Apartment 5plus
$271.1K
$237.2K – $316.3K (±1% cap)
NOI $18,977 @ 7.0% cap · market cap 3.90%
Theoretical Best
Warehouse
$1.80M
$1.58M – $2.10M (±1% cap)
NOI $126,260 @ 7.0% cap · market cap 25.93%
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

Real Estate Agency (Bike/Boat/Book/etc) Store Bakery (Bike/Boat/Book/etc) Store HVAC Service Locksmith Cafe & Coffee Shop (Bike/Boat/Book/etc) Store Law Firm Catering Service

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

FAQs

What type of property is this?
Duplex - Restored 1935 colonial with a separate carriage house ADU, currently operating under an active STVR permit.
Where is this duplex located?
The property is located at 90 Varnedoe Avenue Savannah, GA.
What is the asking price?
The asking price for this property is $487,000.
What are key features of this property?
This property features: Totally restored 1935 Colonial Revival home with main home and separate carriage house ADU on 0.74 acres; Main home offers 1,410 SF with 3 bedrooms, 2 full baths, and a dedicated laundry area; Completely renovated kitchen with leathered marble countertops, farmhouse sink, and ample cabinet and counter space
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