Search
New Construction Duplex
For Sale
$910,900

1228 E Anderson Street A & B, Savannah, GA 31404

Two residences feature open living areas, private en-suite bathrooms, fenced outdoor space, and upscale kitchen finishes.

Property Size3,494 SF
Price / SF$260.70
Days on Market60

Property Features for 1228 E Anderson Street A & B

General Information

Standard status Active
Size 3,494 SF
Property subtype Multi-Family

Building Details

Year Built 2025
Listing Agency: Realty One Group Inclusion
Listed By: Inna Adams · License #385233
Source: Barefootbrokers
Added: Aug 20 Changed: Oct 3 Last Checked: Oct 7 at 4:20PM

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 Realty One Group Inclusion

Rey
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.

Investment Insights

Based on property information with market context.

Completed in 2025, this duplex contains two residences with approximately 1,750 square feet per unit. Each floor plan includes three bedrooms, three-and-a-half bathrooms, open living space, high ceilings, an electric fireplace, and a kitchen equipped with wood cabinetry, quartz counters, premium appliances, and an oversized island. All bedrooms have private en-suite bathrooms and walk-in closets. The upper residence adds tray ceilings, a balcony, and storage, while the fully fenced courtyard provides shared outdoor space.

Tenants are already in place. The property is located on E Anderson Street in Savannah, among historic Victorian homes and tree-lined streets, with Downtown Savannah, SCAD, hospitals, parks, restaurants, shopping, and historic attractions described as minutes away.

Key Highlights

  • Two‑unit duplex completed in 2025
  • 3,494‑square‑foot property with approximately 1,750 square feet per unit
  • Each unit offers 3 bedrooms and 3.5 bathrooms

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$37,047
Cap Rate
4.07%
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 (±1% cap)
NOI $37,047 @ 7.0% cap · market cap 4.07%
Second Best
Apartment 5plus
$490.8K
$429.5K – $572.6K (±1% cap)
NOI $34,356 @ 7.0% cap · market cap 3.77%
Theoretical Best
Warehouse
$3.27M
$2.86M – $3.81M (±1% cap)
NOI $228,576 @ 7.0% cap · market cap 25.09%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Law Firm Dental Office Pharmacy Skin Care Clinic Building Supply Computer & Electronic Repair

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

Location Intelligence

Trade Area within ½ mile

415
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 residences feature open living areas, private en-suite bathrooms, fenced outdoor space, and upscale kitchen finishes.
Where is this duplex located?
The property is located at 1228 E Anderson Street A & B Savannah, GA.
What is the asking price?
The asking price for this property is $910,900.
What are key features of this property?
This property features: Two‑unit duplex completed in 2025; 3,494‑square‑foot property with approximately 1,750 square feet per unit; Each unit offers 3 bedrooms and 3.5 bathrooms
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
Why this one?
Saved
Reason not saved — we won't ask again