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    Triplex Income Property Title is generated by Realmo AI

    12 Horne Place, Port Wentworth, GA 31407

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    For Sale
    $399,900

    MULTI_FAMILY - Port Wentworth, GA

    Property size:
    2,450 SF
    Lot size:
    0.22 Acres
    Price / SF:
    $163/SF
    Added:
    Jun 20, 2026
    Days on Market:
    8
    Last Refresh:
    Jun 27 at 4:06 pm

    Property Features for 12 Horne Place

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Zoning
    R1
    Bedrooms
    4
    Bathrooms
    4
    Rooms
    Bedroom 4, Bedroom 3, Bathroom 3, Bathroom 4, Bedroom 2, Bathroom 1, Bedroom 1, Bathroom 2
    Appliances
    Electric Water Heater
    Standard status
    Active
    APN
    7001403024
    Size
    2,450 SF
    Lot size
    0.22 Acres

    Taxes and HOA fees

    Tax Year
    2025
    Tax Description
    LOT SOUTHEAST CORNER HORNE PLACE PORT WENTWORTH 70 X 135 X 70 X 135

    Utilities

    Sewer type
    Public Sewer
    Heating system
    Central, Wall Furnace, Electric (Heating)
    Cooling system
    Wall Unit(s), Central Air, Electric
    Water source
    Public

    Building Details

    Year built
    1955
    Floors in Building
    1

    We can help!

    Contact an agent
    John R. Carr V

    Listing agent John R. Carr V License #389664

    Listing office Seaport Real Estate Group 7301 Waters Avenue, Savannah, GA

    Listing date Jun 20, 2026

    MLS# SA358792 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.


    Overview

    This for-sale triplex income property includes three total rental units on one lot: a spacious 2-bedroom, 2-bath main house with 1,450 square feet, plus a detached carriage house containing two furnished studio apartments, each with 500 square feet of living space. All units are currently leased and have been updated with durable LVP flooring, modern kitchens, and stainless steel appliances.

    Located at 12 Horne Place in Port Wentworth, Georgia 31407, the property is set on a lot of 0.217 acres within R1 zoning. The detached carriage house creates a separate structure for the two studio units while keeping all income-producing space on the same site.

    For tenants and operators seeking a turnkey residential setup, the current lease status supports immediate occupancy on day one. The unit mix offers flexibility, pairing a larger 2/2 layout with two studio options, which can help accommodate different household needs. The combination of multiple leased units and consistent finish upgrades throughout the property makes it straightforward to market and manage as a cohesive rental portfolio asset.

    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 $39.7k $16.20
    − Vacancy −$2.6k −$1.05
    EGI $37.1k $15.15
    − OpEx −$11.1k −$4.54
    NOI $26.0k $10.60
    2,450 SF · lease $16.20/SF/yr · vacancy 6.50% · expense 30.00%

    Alternative Uses

    Best Use
    Multifamily LT 5
    $371.1K
    $324.7K – $433.0K (±1% cap)
    NOI $25,977 @ 7.0% cap · market cap 6.50%
    Second Best
    Apartment 5plus
    $344.2K
    $301.1K – $401.5K (±1% cap)
    NOI $24,091 @ 7.0% cap · market cap 6.02%
    Theoretical Best
    Warehouse
    $2.29M
    $2.00M – $2.67M (±1% cap)
    NOI $160,278 @ 7.0% cap · market cap 40.08%
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Triplexes

    Map

    City
    Port Wentworth
    County
    Chatham
    State
    Georgia
    Longitude
    -81.16248
    Latitude
    32.140743

    FAQs

    What type of property is this?
    Triplex - Three leased residential units on one lot, including a main 2/2 home and two furnished studio apartments.
    Where is this triplex located?
    The property is located at 12 Horne Place Port Wentworth, GA.
    What is the asking price?
    The asking price for this property is $399,900.
    More about this property
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