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Renovated Duplex with Private Yard
For Sale
$639,000

1107-1105 E 32nd St, Savannah, GA 31404

Two three-bedroom units feature updated systems and high-end interior finishes.

Property Size2,489 SF
Price / SF$256.73
Days on Market346

Property Features for 1107-1105 E 32nd St

General Information

Standard status Active
Size 2,489 SF
Property subtype Residential Income

Units

Unit Mix 2 x 3BR/2BA
Multifamily Units 2

Amenities

private yard

Building Details

Buildings 1
Listing Agency: Seabolt Real Estate
Listed By: Taavo Roos · License #382783
Source: Exprealty
Added: Nov 7, 2025 Changed: Oct 2 Last Checked: Oct 16 at 2:39PM

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 Seabolt Real Estate

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Investment Insights

Based on property information with market context.

This 2,489-square-foot duplex contains two spacious residences, each with three bedrooms and two full bathrooms. The property was rebuilt from the studs and includes new plumbing, electrical service, roofing, and HVAC systems. Interior details include hardwood floors, custom wallpaper, designer finishes, and high ceilings across both units.

A large private yard extends behind the building, providing additional outdoor space. The property is located at 1107-1105 E 32nd St in Savannah, Georgia.

Key Highlights

  • Two‑unit duplex with 2,489 square feet
  • Each unit offers 3 bedrooms and 2 full bathrooms
  • Rebuilt from the studs with new plumbing, electrical, roof, and HVAC systems

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$26,391
Cap Rate
4.13%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$527,820 $527.8K
Cap Rate 7%
$377,014 $377.0K
Cap Rate 9%
$293,233 $293.2K
Market Conditions
NOI Build-Up for 2,489 SF
Gross rent
$40.3K $16.20/SF
− Vacancy
−$2.6K −$1.05/SF
EGI
$37.7K $15.15/SF
− OpEx
−$11.3K −$4.54/SF
NOI
$26.4K $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%
$527,820
Cap Rate 7%
$377,014
Cap Rate 9%
$293,233

Alternative Uses

Best Use
Multifamily LT 5
$377.0K
$329.9K – $439.9K (±1% cap)
NOI $26,391 @ 7.0% cap · market cap 4.13%
Second Best
Apartment 5plus
$349.6K
$305.9K – $407.9K (±1% cap)
NOI $24,474 @ 7.0% cap · market cap 3.83%
Theoretical Best
Warehouse
$2.33M
$2.04M – $2.71M (±1% cap)
NOI $162,829 @ 7.0% cap · market cap 25.48%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Building Supply HVAC Service Skin Care Clinic Pharmacy Accounting Firm Parking Lot & Garage

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

2
Residential units

Location Intelligence

Trade Area within ½ mile

475
Businesses Nearby

Demographics for 31404, GA

31,530
Population
14,427
Households
2.2
Avg Household Size
35
Median Age
28%
College-Educated
89%
High-School Grad
13.7 sq mi
ZIP Area
2,301
Density / Sq Mi
$49,805
Median Household Income
$31,620
Median Earnings
$1,199
Median Rent
$193,100
Median Home Value

Market

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 three-bedroom units feature updated systems and high-end interior finishes.
Where is this duplex located?
The property is located at 1107-1105 E 32nd St Savannah, GA.
What is the asking price?
The asking price for this property is $639,000.
What are key features of this property?
This property features: Two‑unit duplex with 2,489 square feet; Each unit offers 3 bedrooms and 2 full bathrooms; Rebuilt from the studs with new plumbing, electrical, roof, and HVAC systems
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