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Duplex with Private Balcony

1021 E Bolton Street, Savannah, GA 31401

For Sale
$450,000

Residential Income, Savannah, GA

Property Size2,859 SF
Lot Size0.11 Acres
Price / SF$157.40
Days on Market59

Property Features for 1021 E Bolton Street

General Information

Property type Residential Multi Family
Property subtype Duplex
Zoning TR-2
Bedrooms 6
Bathrooms 4
Full bathrooms 4
Rooms Bathroom 1, Bedroom 2, Bedroom 1, Bedroom 3, Bedroom 4, Bedroom 6, Bathroom 3, Bathroom 4, Bedroom 5, Bathroom 2
Parking features Off Street
Patio and Porch features Porch
Interior features Ceiling Fan(s)
Exterior features Balcony
Fencing Fenced, Privacy
Appliances Electric Water Heater
Lot features Corner Lot, City Lot
Directions Head North Waters Ave, left onto E Bolton St, 1021 E Bolton St is on the right
Standard status Active
APN 2004209001
Size 2,859 SF
Lot size 0.11 Acres

Additional Details

Tenant in Place Yes

Taxes and HOA fees

Tax Description LT 48 KELLY WD
Legal Description LT 48 KELLY WD

Utilities

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

Amenities

hardwood flooring
decorative fireplaces
private balcony
full kitchen
washer/dryer connections
fenced backyard

Building Details

Year built 1920
Floors in Building 2
Number of units 2
Building materials Wood Siding
Roof type Asphalt
Architectural style Other
Listing Agency: Six Bricks LLC
Listed By: Chelsea Phillips · License GA #349197
Added: Sep 15 Changed: Nov 11 Last Checked: Nov 12 at 2:06PM
MLS# SA364417

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.

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Investment Insights

Based on property information with market context.

Built in 1920, this 2,859-square-foot duplex contains two residential units, each with three bedrooms, two bathrooms, and a full kitchen. The upper residence includes a private balcony and three decorative fireplaces, while the lower residence has two decorative fireplaces and a layout that can be adapted to four bedrooms. Both units have washer/dryer connections, central air, electric heating, wood siding, and public water and sewer service.

The property occupies 0.11 acres at 1021 E Bolton Street in Savannah, Georgia. Exterior features include a covered porch, privacy fencing, and a shared rear yard with off-street parking. The home has asphalt roofing and was freshly repainted, with carpet cleaning completed in both units.

Key Highlights

  • Two‑unit duplex with 2,859 square feet of building area
  • Each unit includes 3 bedrooms, 2 bathrooms, and a full kitchen
  • Upper unit features a private balcony and 3 decorative fireplaces

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$30,314
Cap Rate
6.74%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$606,280 $606.3K
Cap Rate 7%
$433,057 $433.1K
Cap Rate 9%
$336,822 $336.8K
Market Conditions
NOI Build-Up for 2,859 SF
Gross rent
$46.3K $16.20/SF
− Vacancy
−$3.0K −$1.05/SF
EGI
$43.3K $15.15/SF
− OpEx
−$13.0K −$4.54/SF
NOI
$30.3K $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 Rate 5%
$606,280
Cap Rate 7%
$433,057
Cap Rate 9%
$336,822

Alternative Uses

Best Use
Multifamily LT 5
$433.1K
$378.9K – $505.2K (±1% cap)
NOI $30,314 @ 7.0% cap · market cap 6.74%
Second Best
Apartment 5plus
$401.6K
$351.4K – $468.5K (±1% cap)
NOI $28,112 @ 7.0% cap · market cap 6.25%
Theoretical Best
Office A
$771.9K
$675.4K – $900.6K (±1% cap)
NOI $54,035 @ 7.0% cap · market cap 12.01%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Lease Details

2
Residential units

Location Intelligence

Trade Area within ½ mile

488
Businesses Nearby

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Average Price Trend$/SF for Duplexes in Savannah, GA

$262 Jul
$248 Aug
$255 Sep
$264 Oct

Properties on Market for Duplexes in Savannah

Jul
Aug
Sep
Oct

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025

Frequently Asked Questions

What type of property is this?
Duplex - Two-unit residential property with separate kitchens, shared fenced grounds, and off-street parking in Savannah.
Where is this duplex located?
The property is located at 1021 E Bolton Street Savannah, GA.
What is the asking price?
The asking price for this property is $450,000.
What are key features of this property?
This property features: Two‑unit duplex with 2,859 square feet of building area; Each unit includes 3 bedrooms, 2 bathrooms, and a full kitchen; Upper unit features a private balcony and 3 decorative fireplaces
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