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Two-Unit Income Duplex

1020 E Bolton Street Savannah, GA 31401

1020 E Bolton Street, Savannah, GA, 31401
$400,000
For Sale
Under Contract
Claim this Listing
$400,000

MULTI_FAMILY - Savannah, GA

Property Size1,632 SF
Lot Size0.10 Acres
Price / SF$245.10
AddedFeb 23
Days on Market143
Last RefreshJul 16 at 2:06 am

Property Features for 1020 E Bolton Street

General Information

Property type
Residential Multi Family
Property subtype
Other
Zoning
RB
Bedrooms
4
Bathrooms
4
Rooms
Bedroom 3, Bathroom 2, Bathroom 4, Bedroom 4, Bathroom 3, Bedroom 1, Bedroom 2, Bathroom 1
Parking features
Parking Lot, Off Street
Fencing
Privacy
Appliances
Dishwasher, Electric Water Heater, Oven
Standard status
Active Under Contract
APN
2-0042-03-005
Size
1,632 SF
Lot size
0.10 Acres

Taxes and HOA fees

Tax Description
LOT 18 KELLY WARD

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
2001
Floors in Building
2
Number of units
2
Flooring type
Vinyl
Building materials
Brick, Frame, Wood Siding
Roof type
Composition

Listing agent Tonia Stevens License #252823

Listing office Keller Williams Coastal Area P 329 Commercial Dr., Suite 100, Savannah, GA

Listing date Feb 23, 2026

MLS# SA349636 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 for-sale duplex income property features two separate units, each laid out with two bedrooms and 1.5 bathrooms. Each unit includes a spacious living room, a fully equipped kitchen, and a dedicated laundry room, supporting day-to-day convenience for residents. The property is described as well maintained, offering immediate occupancy options for an investor or owner-occupant.

The address is 1020 E Bolton Street in Savannah, GA 31401, within Chatham County. The listing notes the property is just down the street from Daffin Park and only minutes from Downtown Savannah, Forsyth Park, Tybee Island, and area hospitals, placing it in a central area with multiple employment and lifestyle destinations nearby.

With six off-street parking spaces, the property is designed to reduce parking friction for tenants and guests. The duplex structure provides flexibility for buyers seeking rental income from both units or buyers who want to live in one unit while renting the other. Zoning is listed as RB, and the lot size is shown as 0.1 acres.

Key Highlights

  • Two‑unit multi‑family with each unit featuring 2 bedrooms and 1.5 bathrooms
  • Each unit includes a spacious living room, fully equipped kitchen, and a dedicated laundry room
  • Six off‑street parking spaces (parking lot and off‑street parking)

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 $26.4k $16.20
− Vacancy −$1.7k −$1.05
EGI $24.7k $15.15
− OpEx −$7.4k −$4.54
NOI $17.3k $10.60
1,632 SF · lease $16.20/SF/yr · vacancy 6.50% · expense 30.00%

Alternative Uses

Best Use
Multifamily LT 5
$247.2K
$216.3K – $288.4K (±1% cap)
NOI $17,304 @ 7.0% cap · market cap 4.33%
Second Best
Apartment 5plus
$229.2K
$200.6K – $267.5K (±1% cap)
NOI $16,047 @ 7.0% cap · market cap 4.01%
Theoretical Best
Warehouse
$1.53M
$1.33M – $1.78M (±1% cap)
NOI $106,765 @ 7.0% cap · market cap 26.69%
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

Skin Care Clinic Building Supply Parking Lot & Garage Pharmacy Auto Parts Store Accounting Firm Acupuncture Home Appliance Store Bakery Plumbing Service

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

FAQs

What type of property is this?
Duplex - Two well-maintained units each include two bedrooms, a living room, kitchen, and dedicated laundry room.
Where is this duplex located?
The property is located at 1020 E Bolton Street Savannah, GA.
What is the asking price?
The asking price for this property is $400,000.
What are key features of this property?
This property features: Two‑unit multi‑family with each unit featuring 2 bedrooms and 1.5 bathrooms; Each unit includes a spacious living room, fully equipped kitchen, and a dedicated laundry room; Six off‑street parking spaces (parking lot and off‑street parking)
Contact an agent
More about this property
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