Remodeled Duplex with Fenced
1024 W 39th St Savannah, GA 31415
1024 W 39th St, Savannah, GA, 31415
$350,000
For Sale
$350,000
Completely remodeled duplex with two updated 2-bedroom, 1-bath units, each with central heat/air and a private fenced backyard.
Property Size1,728 SF
Price / SF$202.55
Days on Market9
Property Features for 1024 W 39th St
General Information
- Standard status
- Active
- Size
- 1,728 SF
- Property subtype
- Multi-Family
Building Details
- Year Built
- 1935
Listing agency
Keller Williams Coastal Area P
(912) 596-0017
Listed by
Berthenia M. Brown · License #395620
Source
Searchgreateraugustahomes
Added: Jul 15 Updated: Jul 22 at 5:39PM Checked: Jul 22 at 5:39PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Keller Williams Coastal Area P
Investment Insights
Based on property information with market context.
This completely remodeled duplex offers two updated units, each featuring 2 bedrooms and 1 bathroom. Both units include central heat and air, a spacious living room, an eat-in kitchen, fresh paint, and new LVP flooring. Kitchens come with stainless steel appliances, and each unit is equipped with a stove and refrigerator, plus washer and dryer. The property also includes a security system and a private fenced backyard for each unit.
The duplex is conveniently located just minutes from downtown and I-16, providing straightforward access for tenants and day-to-day commuting.
Each unit is separately appointed with matching upgrades and in-unit laundry, creating a clean, move-in-ready configuration for residential income use.
The duplex is conveniently located just minutes from downtown and I-16, providing straightforward access for tenants and day-to-day commuting.
Each unit is separately appointed with matching upgrades and in-unit laundry, creating a clean, move-in-ready configuration for residential income use.
Key Highlights
- Completely remodeled duplex with two updated units at 1024 W. 39th Street (year built 1935)
- Each unit offers 2 bedrooms and 1 bathroom
- Central heat and air in both units
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 | $28.0k | $16.20 |
| − Vacancy | −$1.8k | −$1.05 |
| EGI | $26.2k | $15.15 |
| − OpEx | −$7.9k | −$4.54 |
| NOI | $18.3k | $10.60 |
1,728 SF · lease $16.20/SF/yr · vacancy 6.50% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$261.7K
$229.0K – $305.4K
NOI $18,322 @ 7.0% cap · market cap 5.23%
Second Best
Apartment 5plus
$242.7K
$212.4K – $283.2K
NOI $16,991 @ 7.0% cap · market cap 4.85%
Theoretical Best
Warehouse
$1.61M
$1.41M – $1.88M
NOI $113,045 @ 7.0% cap · market cap 32.30%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Duplexes
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FAQs
What type of property is this?
Duplex - Completely remodeled duplex with two updated 2-bedroom, 1-bath units, each with central heat/air and a private fenced backyard.
Where is this duplex located?
The property is located at 1024 W 39th St Savannah, GA.
What is the asking price?
The asking price for this property is $350,000.
What are key features of this property?
This property features: Completely remodeled duplex with two updated units at 1024 W. 39th Street (year built 1935); Each unit offers 2 bedrooms and 1 bathroom; Central heat and air in both units
