Duplex with Two-Bedroom
For Sale
$355,000
13 W 52nd St, Savannah, GA 31405
Two-unit residential property with a three-bedroom unit and an occupied two-bedroom unit.
Property Size1,600 SF
Price / SF$221.88
Days on Market91
Property Features for 13 W 52nd St
General Information
Standard status
Active
Size
1,600 SF
Property subtype
Multi-Family
Units
Unit Mix
1 x 3BR/1BA, 1 x 2BR/1BA
Multifamily Units
2
Building Details
Year Built
1955
Listing Agency:
Scott Realty Professionals
Listed By:
Nicole L. Christie · License #363815
(912) 844-0682
Source:
Thehomesourcegroupga
Added: Jul 17
Changed: Oct 5
Last Checked: Oct 13 at 1:55AM
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 Scott Realty Professionals
Investment Insights
Based on property information with market context.
This 1,600-square-foot duplex, built in 1955, contains two separate residential units. The first unit includes three bedrooms and one bathroom, while the second provides two bedrooms and one bathroom. The second unit is currently rented, offering an existing occupancy component for an investor or an owner occupant seeking rental income.
The property is located at 13 W 52nd St in Savannah, Georgia, within ZIP Code 31405. Its two-unit layout and distinct bedroom configurations support flexible residential income use.
The property is located at 13 W 52nd St in Savannah, Georgia, within ZIP Code 31405. Its two-unit layout and distinct bedroom configurations support flexible residential income use.
Key Highlights
- Two‑unit duplex with separate residential units
- Unit one includes 3 bedrooms and 1 bathroom
- Unit two includes 2 bedrooms and 1 bathroom
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$16,965
Cap Rate
4.78%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$339,300
$339.3K
Cap Rate 7%
$242,357
$242.4K
Cap Rate 9%
$188,500
$188.5K
Market Conditions
NOI Build-Up for 1,600 SF
Gross rent
$25.9K $16.20/SF
− Vacancy
−$1.7K −$1.05/SF
EGI
$24.2K $15.15/SF
− OpEx
−$7.3K −$4.54/SF
NOI
$17.0K $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%
$339,300
Cap Rate 7%
$242,357
Cap Rate 9%
$188,500
Alternative Uses
Best Use
Multifamily LT 5
$242.4K
$212.1K – $282.8K
NOI $16,965 @ 7.0% cap · market cap 4.78%
Second Best
Apartment 5plus
$224.8K
$196.7K – $262.2K
NOI $15,733 @ 7.0% cap · market cap 4.43%
Theoretical Best
Warehouse
$1.50M
$1.31M – $1.74M
NOI $104,671 @ 7.0% cap · market cap 29.48%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
731
Businesses Nearby
Explore this area
Business Placement
Demographics for 31405, GA
38,069
Population
16,809
Households
2.3
Avg Household Size
36
Median Age
35%
College-Educated
90%
High-School Grad
31.2 sq mi
ZIP Area
1,220
Density / Sq Mi
$62,123
Median Household Income
$35,836
Median Earnings
$1,431
Median Rent
$304,800
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in South region
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Frequently Asked Questions
What type of property is this?
Duplex - Two-unit residential property with a three-bedroom unit and an occupied two-bedroom unit.
Where is this duplex located?
The property is located at 13 W 52nd St Savannah, GA.
What is the asking price?
The asking price for this property is $355,000.
What are key features of this property?
This property features: Two‑unit duplex with separate residential units; Unit one includes 3 bedrooms and 1 bathroom; Unit two includes 2 bedrooms and 1 bathroom
