Brick Duplex with Upstairs
For Sale
$479,900
1007 Maupas Avenue, Savannah, GA 31401
Residential Income, Savannah, GA
Property Size1,722 SF
Lot Size0.10 Acres
Price / SF$278.69
Days on Market143
Property Features for 1007 Maupas Avenue
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Zoning
R6
Bedrooms
3
Bathrooms
2
Full bathrooms
2
Rooms
Bedroom 3, Bathroom 1, Bedroom 1, Bathroom 2, Bedroom 2
Appliances
Electric Water Heater
Subdivision
Harden
Directions
Head West on E Victory Dr, RIGHT on Waters Ave, LEFT on Maupas Ave, Home is on the LEFT.
Standard status
Active
APN
2007604003
Size
1,722 SF
Lot size
0.10 Acres
Taxes and HOA fees
Tax Year
2025
Tax Description
E 24 FT OF 96 & W 27 HALF FT 97 HARDEN WARD
Tax Annual Amount
5730
Legal Description
E 24 FT OF 96 & W 27 HALF FT 97 HARDEN WARD
Utilities
Sewer type
Public Sewer
Heating system
Electric (Heating), Central
Cooling system
Electric, Central Air
Water source
Public
Building Details
Year built
1935
Floors in Building
1
Building materials
Brick
Listing Agency:
Eighteen O'Two Realty LLC
(912) 330-2998
Listed By:
Wynn Martin · License #374726
(912) 220-9806
Added: Apr 10
Changed: Aug 19
Last Checked: Aug 30 at 6:06AM
MLS# SA352100
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.
Located at 1007 Maupas Avenue in Savannah, this brick duplex was built in 1935 and includes approximately 1,722 square feet. The layout provides three bedrooms, two bathrooms, and an upstairs studio apartment that can support rental income, guest accommodations, a home office, or multigenerational living. Interior features include hardwood floors, a fireplace, a laundry room, central heating, and central air conditioning. A sunroom adds additional adaptable space, while the courtyard extends the property outdoors.
The property occupies 0.104 acres and has public water and public sewer service. Off-street parking is available, with additional street parking noted. The R6-zoned property is near Daffin Park, shopping, and Savannah’s in-town area.
The property occupies 0.104 acres and has public water and public sewer service. Off-street parking is available, with additional street parking noted. The R6-zoned property is near Daffin Park, shopping, and Savannah’s in-town area.
Key Highlights
- Duplex with an upstairs studio apartment
- Approximately 1,722 square feet with 3 bedrooms and 2 baths
- 0.104‑acre lot with R6 zoning
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
$18,258
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
3.80%
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%
$365,160
$365.2K
Cap Rate 7%
$260,829
$260.8K
Cap Rate 9%
$202,867
$202.9K
Market Conditions
NOI Build-Up for 1,722 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
$27.9K $16.20/SF
− Vacancy
−$1.8K −$1.05/SF
EGI
$26.1K $15.15/SF
− OpEx
−$7.8K −$4.54/SF
NOI
$18.3K $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%
$365,160
Cap Rate 7%
$260,829
Cap Rate 9%
$202,867
Alternative Uses
Best Use
Multifamily LT 5
$260.8K
$228.2K – $304.3K
NOI $18,258 @ 7.0% cap · market cap 3.80%
Second Best
Apartment 5plus
$241.9K
$211.7K – $282.2K
NOI $16,932 @ 7.0% cap · market cap 3.53%
Theoretical Best
Warehouse
$1.61M
$1.41M – $1.88M
NOI $112,652 @ 7.0% cap · market cap 23.47%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
557
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 - Savannah duplex with flexible living space, a sunroom, courtyard, and off-street parking.
Where is this duplex located?
The property is located at 1007 Maupas Avenue Savannah, GA.
What is the asking price?
The asking price for this property is $479,900.
What are key features of this property?
This property features: Duplex with an upstairs studio apartment; Approximately 1,722 square feet with 3 bedrooms and 2 baths; 0.104‑acre lot with R6 zoning
