Duplex with Garage
1315 1317 Seiler Avenue, Savannah, GA 31404
For Sale
$500,000
Residential Income, Savannah, GA
Property Size2,043 SF
Lot Size0.15 Acres
Price / SF$244.74
Days on Market22
Property Features for 1315 1317 Seiler Avenue
General Information
Property type
Property subtype
Zoning
Bedrooms
Bathrooms
Full bathrooms
Rooms
Appliances
Subdivision
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Standard status
APN
Size
Lot size
Taxes and HOA fees
Tax Year
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Tax Annual Amount
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Legal Description
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Building Details
Year built
Floors in Building
Number of units
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Listing Agency:
Laurie deVegter Real Estate
Listed By:
Laurie H. Devegter · License GA #264519
(912) 220-0957
Added: Oct 19
Changed: Nov 8
Last Checked: Nov 9 at 11:06AM
MLS# SA366811
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 duplex property includes a single-family home and a garage apartment, with 2,043 square feet of property size reported. The home was renovated in 2020. The apartment has a new room, new windows and a new garage door; its HVAC is described as three years old. The property was built in 1933 and sits on a 0.148-acre lot. Zoning is R6.
Key Highlights
- 2,043 square feet of property size reported
- 0.148‑acre lot
- Single‑family home with a garage apartment
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$21,662
Cap Rate
4.33%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$433,240
$433.2K
Cap Rate 7%
$309,457
$309.5K
Cap Rate 9%
$240,689
$240.7K
Market Conditions
NOI Build-Up for 2,043 SF
Gross rent
$33.1K $16.20/SF
− Vacancy
−$2.2K −$1.05/SF
EGI
$30.9K $15.15/SF
− OpEx
−$9.3K −$4.54/SF
NOI
$21.7K $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%
$433,240
Cap Rate 7%
$309,457
Cap Rate 9%
$240,689
Alternative Uses
Best Use
Multifamily LT 5
$309.5K
$270.8K – $361.0K
NOI $21,662 @ 7.0% cap · market cap 4.33%
Second Best
Apartment 5plus
$287.0K
$251.1K – $334.8K
NOI $20,089 @ 7.0% cap · market cap 4.02%
Theoretical Best
Office A
$551.6K
$482.7K – $643.6K
NOI $38,613 @ 7.0% cap · market cap 7.72%
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
537
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 living spaces pair a renovated home with a separate apartment above the garage.
Where is this duplex located?
The property is located at 1315 1317 Seiler Avenue Savannah, GA.
What is the asking price?
The asking price for this property is $500,000.
What are key features of this property?
This property features: 2,043 square feet of property size reported; 0.148‑acre lot; Single‑family home with a garage apartment
