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New-Construction Duplex
For Sale
$909,900

1228 E Anderson St Unit A & B, Savannah, GA 31404

Two-unit residential property with private en-suite bedrooms, open living areas, upgraded kitchens, and a fenced courtyard.

Property Size3,494 SF
Price / SF$260.42
Days on Market99

Property Features for 1228 E Anderson St Unit A & B

General Information

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

Site & Location

Neighborhood Benjamin Van Clark Park

Units

Unit Mix 2 x 3BR/3.5BA
Multifamily Units 2

Building Details

Year Built 2025
Buildings 1
Listing Agency: Realty One Group Inclusion
Listed By: Inna Adams · License #385233
Source: Searchgreateraugustahomes
Added: Jul 23 Changed: Oct 25 Last Checked: Oct 28 at 8:46AM

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

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Investment Insights

Based on property information with market context.

Completed in 2025, this duplex contains two residential units totaling 3,494 square feet. Each unit offers 3 bedrooms, 3.5 bathrooms, and nearly 1,750 square feet of living area. Interiors feature open-concept living spaces, high ceilings, electric fireplaces, wood cabinetry, quartz countertops, premium appliances, and oversized kitchen islands. All bedrooms include private en-suite bathrooms and walk-in closets.

The upper unit adds tray ceilings, a balcony, and storage. A fully fenced courtyard provides shared outdoor space. The property is located at 1228 E Anderson St Unit A & B in Savannah, near Downtown Savannah, SCAD, hospitals, parks, restaurants, shopping, and historic attractions. Tenants are already in place, and the property is positioned for executive rentals, long-term occupancy, multigenerational living, or an owner-occupant arrangement.

Key Highlights

  • Two‑unit duplex completed in 2025
  • 3,494 square feet across both units
  • Each unit includes 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 3.78%
Theoretical Best
Warehouse
$3.27M
$2.86M – $3.81M (±1% cap)
NOI $228,576 @ 7.0% cap · market cap 25.12%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Lease Details

2
Residential units

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-unit residential property with private en-suite bedrooms, open living areas, upgraded kitchens, and a fenced courtyard.
Where is this duplex located?
The property is located at 1228 E Anderson St Unit A & B Savannah, GA.
What is the asking price?
The asking price for this property is $909,900.
What are key features of this property?
This property features: Two‑unit duplex completed in 2025; 3,494 square feet across both units; Each unit includes 3 bedrooms and 3.5 bathrooms
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