For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    Three-Unit Residential Income Property Title is generated by Realmo AI

    12 Horne Place, Port Wentworth, GA 31407

    View on Map
    Claim this Listing
    For Sale
    $394,900

    MULTI_FAMILY - Port Wentworth, GA

    Property size:
    2,450 SF
    Lot size:
    0.22 Acres
    Price / SF:
    $161/SF
    Added:
    Jun 20, 2026
    Days on Market:
    20
    Last Refresh:
    Jul 9 at 12:06 am

    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, Bathroom 3, Bedroom 3, Bathroom 1, Bathroom 2, Bedroom 1, Bathroom 4, Bedroom 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
    Central Air, Electric, Wall Unit(s)
    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.

    HighLights

    • 3 total income‑producing units on one lot: 2‑bedroom/2‑bath main house plus a detached carriage house with top and bottom furnished studio apartments
    • Main house offers 1,450 sq ft of living space; each studio apartment offers 500 sq ft
    • All 3 units are currently leased, generating a combined $4,395/month in rental income
    • Updates include durable LVP flooring, modern kitchens, and stainless steel appliances in each unit
    • Utilities include public water and public sewer
    • Heating and cooling include central and electric options, plus wall unit(s); electric water heater

    Overview

    This property is a three-unit residential income setup on one lot, consisting of a spacious 2-bedroom, 2-bath main house and a detached carriage house containing two furnished studio apartments. The main home provides 1,450 square feet of living space, while each studio apartment offers 500 square feet. All three units are currently leased.

    The main house and carriage house units have been updated with durable LVP flooring, modern kitchens, and stainless steel appliances. The detached structure supports an owner with multiple rental streams while keeping the overall layout straightforward: three distinct, income-producing units on a compact property.

    Located at 12 Horne Place in Port Wentworth, Georgia 31407 within Chatham County, the property is listed in an R1 zoning context. With each unit leased and generating a combined $4,395 per month in rental income, the buyer’s or investor’s focus can be on maintaining and operating a turnkey portfolio featuring quality, low-maintenance finishes across all three 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 $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 6.58%
    Second Best
    Apartment 5plus
    $344.2K
    $301.1K – $401.5K (±1% cap)
    NOI $24,091 @ 7.0% cap · market cap 6.10%
    Theoretical Best
    Warehouse
    $2.29M
    $2.00M – $2.67M (±1% cap)
    NOI $160,278 @ 7.0% cap · market cap 40.59%
    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 rental units on one lot, including a 2-bedroom main house 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 $394,900.
    What are key features of this property?
    This property features: 3 total income‑producing units on one lot: 2‑bedroom/2‑bath main house plus a detached carriage house with top and bottom furnished studio apartments; Main house offers 1,450 sq ft of living space; each studio apartment offers 500 sq ft; All 3 units are currently leased, generating a combined $4,395/month in rental income
    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message