New Construction Duplex with
1228 E Anderson Street Savannah, GA 31404
New
For Sale
$924,900
MULTI_FAMILY - Other - Savannah, GA
Property Size3,494 SF
Lot Size0.11 Acres
Price / SF$264.71
Days on Market2
Property Features for 1228 E Anderson Street
General Information
- Property type
- Residential Multi Family
- Property subtype
- Duplex
- Property condition
- Under Construction
- Zoning
- TR-2
- Bedrooms
- 6
- Bathrooms
- 8
- Rooms
- Bedroom 6, Bedroom 4, Bathroom 5, Bedroom 1, Bathroom 6, Bathroom 8, Bedroom 5, Bedroom 3, Bathroom 2, Bathroom 7, Bathroom 4, Bathroom 3, Bedroom 2, Bathroom 1
- Parking features
- Parking Lot
- Security features
- Security Lighting
- Patio and Porch features
- Porch
- Interior features
- Ceiling Fan(s), Pull Down Attic Stairs, Fireplace, Programmable Thermostat
- Exterior features
- Balcony, Courtyard
- Fencing
- Privacy, Fenced
- Fireplace
- 1
- Appliances
- Some Electric Appliances, Dryer, Electric Water Heater, Disposal, Microwave, Oven, Range, Washer, Refrigerator
- Standard status
- Active
- APN
- 2005605003
- Size
- 3,494 SF
- Lot size
- 0.11 Acres
Taxes and HOA fees
- Tax Description
- Lot 230, Block A of Ballantyne Ward
Utilities
- Sewer type
- Public Sewer
- Heating system
- Electric (Heating), Heat Pump (Heating)
- Cooling system
- Electric, Heat Pump, Central Air
- Water source
- Public
Building Details
- Year built
- 2025
- Floors in Building
- 2
- Number of units
- 2
- Flooring type
- Vinyl
- Building materials
- Frame, Concrete
- Roof type
- Asphalt
- Architectural style
- Other
Listing Agency:
Realty One Group Inclusion
(912) 298-7200
Listed By:
Inna Adams · License #385233
(912) 844-1846
Added: Jul 23
Last Checked: Jul 24 at 6:06AM
MLS# SA361083
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.
Investment Insights
Based on property information with market context.
New construction duplex built to serve as a two-unit income property. Each unit is configured with three bedrooms and three and a half bathrooms, with nearly 1,750 square feet of thoughtfully designed living space. Interior features referenced in the listing include bright, open-concept layouts with high ceilings, electric fireplaces, and kitchens with wood cabinetry, quartz countertops, premium appliances, and oversized islands. Each bedroom includes a private en-suite bathroom and walk-in closet. The upper unit also includes tray ceilings and a spacious balcony with additional storage. Outside, the property offers a fully fenced courtyard.
The listing describes the duplex as located in Savannah and positioned among historic Victorian homes and tree-lined streets, with convenience to Downtown Savannah, SCAD, hospitals, parks, restaurants, shopping, and historic attractions. Zoning is listed as TR-2.
The property is presented for sale as having tenants already in place, with the listing projecting $6,000 to $8,000 per month in cash flow. Value-add potential is described as increasing monthly income up to $10,000 through addition of a carriage house.
The listing describes the duplex as located in Savannah and positioned among historic Victorian homes and tree-lined streets, with convenience to Downtown Savannah, SCAD, hospitals, parks, restaurants, shopping, and historic attractions. Zoning is listed as TR-2.
The property is presented for sale as having tenants already in place, with the listing projecting $6,000 to $8,000 per month in cash flow. Value-add potential is described as increasing monthly income up to $10,000 through addition of a carriage house.
Key Highlights
- Under construction duplex, built in 2025 (year built 2025) with electric heating/heat pump and central air
- Each unit features 3 bedrooms and 3.5 bathrooms, with nearly 1,750 SF of designed living space per unit
- Fireplace included: electric fireplaces and a true fireplace (FireplaceYN: true)
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 | $56.6k | $16.20 |
| − Vacancy | −$3.7k | −$1.05 |
| EGI | $52.9k | $15.15 |
| − OpEx | −$15.9k | −$4.54 |
| NOI | $37.0k | $10.60 |
3,494 SF · lease $16.20/SF/yr · vacancy 6.50% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$529.2K
$463.1K – $617.5K
NOI $37,047 @ 7.0% cap · market cap 4.01%
Second Best
Apartment 5plus
$490.8K
$429.5K – $572.6K
NOI $34,356 @ 7.0% cap · market cap 3.71%
Theoretical Best
Warehouse
$3.27M
$2.86M – $3.81M
NOI $228,576 @ 7.0% cap · market cap 24.71%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Duplexes
FAQs
What type of property is this?
Duplex - New construction duplex with two 3-bedroom, 3.5-bath units, electric fireplace features, and a fully fenced courtyard.
Where is this duplex located?
The property is located at 1228 E Anderson Street Savannah, GA.
What is the asking price?
The asking price for this property is $924,900.
What are key features of this property?
This property features: Under construction duplex, built in 2025 (year built 2025) with electric heating/heat pump and central air; Each unit features 3 bedrooms and 3.5 bathrooms, with nearly 1,750 SF of designed living space per unit; Fireplace included: electric fireplaces and a true fireplace (FireplaceYN: true)
