Two-Unit Duplex with
For Sale
$355,000
13 W 52nd Street, Savannah, GA 31405
Residential Income, Savannah, GA
Property Size1,600 SF
Lot Size0.16 Acres
Price / SF$221.88
Days on Market296
Property Features for 13 W 52nd Street
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Zoning
RM25
Bedrooms
5
Bathrooms
2
Full bathrooms
2
Rooms
Bedroom 5, Bedroom 4, Bedroom 1, Bedroom 2, Bedroom 3, Bathroom 1, Bathroom 2
Parking features
Off Street
Patio and Porch features
Patio
Fencing
Fenced, Chain Link
Appliances
Electric Water Heater
Elementary school
Haven
Middle school
Myers
High school
Beach
Directions
From Bull St. turn on to 52nd street. home on the left
Standard status
Active
APN
2008823004
Size
1,600 SF
Lot size
0.16 Acres
Taxes and HOA fees
Tax Year
2022
Tax Description
LOT 11 WRIGHT WARD
Tax Annual Amount
1178
Legal Description
LOT 11 WRIGHT WARD
Utilities
Sewer type
Public Sewer
Heating system
Electric (Heating), Central
Cooling system
Electric, Central Air
Water source
Public
Building Details
Year built
1955
Floors in Building
2
Number of units
2
Flooring type
Tile
Building materials
Block, Frame, Wood Siding
Listing Agency:
Scott Realty Professionals
(912) 349-7766
Listed By:
Nicole L. Christie · License #363815
(912) 659-9229
Added: Nov 7, 2025
Changed: Aug 28
Last Checked: Aug 30 at 7:06AM
MLS# SA343340
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.
This duplex in Savannah provides two distinct residential units within a 1,600-square-foot building. The first unit has three bedrooms and one bathroom, while the second offers two bedrooms and one bathroom. A patio, tile flooring, off-street parking, and fenced outdoor space are included. Construction incorporates block, frame, and wood siding, with central electric heating and cooling and an electric water heater.
The property occupies 0.155 acres at 13 W 52nd Street in Savannah, Georgia. It is served by public water and public sewer and is zoned RM25. Built in 1955, the property includes one unit that is currently rented.
The property occupies 0.155 acres at 13 W 52nd Street in Savannah, Georgia. It is served by public water and public sewer and is zoned RM25. Built in 1955, the property includes one unit that is currently rented.
Key Highlights
- Two separate units: one with 3 bedrooms and 1 bathroom, the other with 2 bedrooms and 1 bathroom
- 1,600 square feet on a 0.155‑acre lot
- RM25 zoning in Savannah, GA
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$16,965
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
4.78%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
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
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.
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 rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
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.
Property Analytics
Property Profile
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
Market
Vacancy Rate% for Multifamily in South region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Duplex - Separate layouts include three-bedroom and two-bedroom units with central heating and cooling.
Where is this duplex located?
The property is located at 13 W 52nd Street 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 separate units: one with 3 bedrooms and 1 bathroom, the other with 2 bedrooms and 1 bathroom; 1,600 square feet on a 0.155‑acre lot; RM25 zoning in Savannah, GA
