Duplex with Private
1228 E Anderson Street, Savannah, GA 31404
For Sale
New
$907,900
Residential Income, Savannah, GA
Property Size3,494 SF
Lot Size0.11 Acres
Price / SF$259.85
Days on Market3
Property Features for 1228 E Anderson Street
General Information
Property type
Property subtype
Property condition
Zoning
Zoning description
Bedrooms
Bathrooms
Full bathrooms
Half bathrooms
Rooms
Parking features
Security features
Patio and Porch features
Interior features
Exterior features
Fencing
Fireplace
Appliances
Lot features
Directions
Standard status
APN
Size
Lot size
Additional Details
Tenant in Place
Taxes and HOA fees
Tax Description
Legal Description
Utilities
Sewer type
Heating system
Cooling system
Water source
Amenities
electric fireplaces
fully fenced courtyard
Building Details
Year built
Floors in Building
Number of units
Flooring type
Building materials
Roof type
Architectural style
Buildings
Listing Agency:
Realty One Group Inclusion
(912) 298-7200
Listed By:
Inna Adams · License GA #385233
(912) 844-1846
Added: Nov 12
Changed: Nov 13
Last Checked: Nov 13 at 11:06PM
MLS# SA368054
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.
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Investment Insights
Based on property information with market context.
This 3,494-square-foot duplex is under construction and contains two residences, each with 3 bedrooms and 3.5 bathrooms. Both units feature open-plan living areas, electric fireplaces, kitchens with quartz countertops and wood cabinetry, and private bedroom en-suites with walk-in closets. A balcony serves the upper unit, while a fenced courtyard and porch provide additional outdoor space. The property has central air, heat-pump systems, and parking.
Located in Savannah, the property is described as minutes from Downtown Savannah, SCAD, hospitals, parks, restaurants, shopping, and historic attractions. It is zoned TR-2.
Located in Savannah, the property is described as minutes from Downtown Savannah, SCAD, hospitals, parks, restaurants, shopping, and historic attractions. It is zoned TR-2.
Key Highlights
- 3,494 square feet across two residential units
- Each residence has 3 bedrooms and 3.5 bathrooms
- TR‑2 zoning
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$37,047
Cap Rate
4.08%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$740,940
$740.9K
Cap Rate 7%
$529,243
$529.2K
Cap Rate 9%
$411,633
$411.6K
Market Conditions
NOI Build-Up for 3,494 SF
Gross rent
$56.6K $16.20/SF
− Vacancy
−$3.7K −$1.05/SF
EGI
$52.9K $15.15/SF
− OpEx
−$15.9K −$4.54/SF
NOI
$37.0K $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%
$740,940
Cap Rate 7%
$529,243
Cap Rate 9%
$411,633
Alternative Uses
Best Use
Multifamily LT 5
$529.2K
$463.1K – $617.5K
NOI $37,047 @ 7.0% cap · market cap 4.08%
Second Best
Apartment 5plus
$490.8K
$429.5K – $572.6K
NOI $34,356 @ 7.0% cap · market cap 3.78%
Theoretical Best
Office A
$943.4K
$825.5K – $1.10M
NOI $66,037 @ 7.0% cap · market cap 7.27%
Zoning and permitted uses should be independently verified with authorities.
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Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
415
Businesses Nearby
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Business Placement
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
$193,100
Median Home Value
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Market
Average Price Trend$/SF for Duplexes in Savannah, GA
Properties on Market for Duplexes in Savannah
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Duplex - Two three-bedroom residences offer en-suite bathrooms, open living areas, and separate outdoor features.
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 $907,900.
What are key features of this property?
This property features: 3,494 square feet across two residential units; Each residence has 3 bedrooms and 3.5 bathrooms; TR‑2 zoning
