TC-1 Mixed-Use Duplex with Two
1014 Abercorn Street Savannah, GA 31401
1014 Abercorn Street, Savannah, GA, 31401
$1,195,000
For Sale
$1,195,000
MULTI_FAMILY - Other - Savannah, GA
Property Size3,040 SF
Lot Size0.04 Acres
Price / SF$393.09
Days on Market214
Property Features for 1014 Abercorn Street
General Information
- Property type
- Residential Multi Family
- Property subtype
- Duplex
- Zoning
- TC-1
- Bedrooms
- 5
- Bathrooms
- 3
- Rooms
- Bathroom 3, Bathroom 1, Bedroom 2, Bathroom 2, Bedroom 5, Bedroom 1, Bedroom 3, Bedroom 4
- Parking features
- Off Street
- Interior features
- Pull Down Attic Stairs
- Exterior features
- Balcony
- Appliances
- Some Gas Appliances, Dishwasher, Electric Water Heater, Microwave, Oven, Range, Refrigerator, Range Hood, Washer
- Standard status
- Active
- APN
- 2004427012
- Size
- 3,040 SF
- Lot size
- 0.04 Acres
Taxes and HOA fees
- Tax Description
- NW PT LOT 18 WHITE WD PRB 39P 90,91
Utilities
- Utilities
- Cable Available
- Sewer type
- Public Sewer
- Heating system
- Central, Electric (Heating)
- Cooling system
- Electric, Central Air
- Water source
- Public
Building Details
- Year built
- 1890
- Floors in Building
- 2
- Number of units
- 2
- Flooring type
- Tile, Hardwood
- Building materials
- Brick
- Roof type
- Rolled Hot Mop, Rubber
- Architectural style
- Other
Listing Agency
Waterline Real Estate Group
(912) 786-4474
12 Silver Avenue Unit 103, Tybee Island, GA
Listed by
Brent Palmer · License #268312
(912) 272-8489
Added: Dec 19, 2025 Updated: Jul 18 at 7:22 am Checked: Jul 21 at 4:06 am
MLS# SA345508
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.
This TC-1 zoned mixed-use property is configured by combining two distinct units, creating a 5-bedroom, 3-bath layout with two full kitchens and two separate living rooms. The ground-level unit is described as approved for retail or commercial use under TC-1, while the upper level remains residential. The property is presented as a proven short-term vacation rental setup, currently generating more than $130,000 annually per the provided remarks.
Located in Savannah’s Historic District at 1014 Abercorn Street, the listing emphasizes a highly walkable setting with access to downtown amenities. The combined configuration supports multiple ways to operate, including continuing as a short-term rental or using the ground level for commercial activity while keeping the upper level residential.
With 3,040 square feet of total space on a 0.039-acre lot, the property is positioned for flexibility under TC-1 zoning, which is described as supporting a broad range of commercial, office, service, and residential uses.
Located in Savannah’s Historic District at 1014 Abercorn Street, the listing emphasizes a highly walkable setting with access to downtown amenities. The combined configuration supports multiple ways to operate, including continuing as a short-term rental or using the ground level for commercial activity while keeping the upper level residential.
With 3,040 square feet of total space on a 0.039-acre lot, the property is positioned for flexibility under TC-1 zoning, which is described as supporting a broad range of commercial, office, service, and residential uses.
Key Highlights
- 3040 SF TC‑1 zoned mixed‑use property in Savannah’s Historic District, built in 1890 (brick construction).
- Configured as a 5BR/3BA with two distinct units, including two full kitchens and two separate living rooms.
- Ground‑level unit is approved for retail or commercial use under TC‑1 zoning; upper level remains residential.
Local Financial Insights For Office B
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 | $67.5k | $22.20 |
| − Vacancy | −$11.1k | −$3.66 |
| EGI | $56.4k | $18.54 |
| − OpEx | −$14.1k | −$4.63 |
| NOI | $42.3k | $13.90 |
3,040 SF · lease $22.20/SF/yr · vacancy 16.50% · expense 25.00%
Alternative Uses
Best Use
Office B
$603.8K
$528.3K – $704.4K
NOI $42,264 @ 7.0% cap · market cap 3.54%
Second Best
Mixed Use
$491.7K
$430.3K – $573.7K
NOI $34,422 @ 7.0% cap · market cap 2.88%
Theoretical Best
Warehouse
$2.84M
$2.49M – $3.31M
NOI $198,875 @ 7.0% cap · market cap 16.64%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
The Savannah Cabinet Shop
General Contractor
Similar For Sale Nearby
FAQs
What type of property is this?
Duplex - TC-1 zoned property configured with two full kitchens and two separate living rooms across two combined units.
Where is this duplex located?
The property is located at 1014 Abercorn Street Savannah, GA.
What is the asking price?
The asking price for this property is $1,195,000.
What are key features of this property?
This property features: 3040 SF TC‑1 zoned mixed‑use property in Savannah’s Historic District, built in 1890 (brick construction).; Configured as a 5BR/3BA with two distinct units, including two full kitchens and two separate living rooms.; Ground‑level unit is approved for retail or commercial use under TC‑1 zoning; upper level remains residential.
