Renovated Two-Unit
1415 Habersham St Unit A & B, Savannah, GA 31401
For Sale
$699,000
Both residences have three bedrooms, two bathrooms, and updated kitchens.
Property Size2,184 SF
Price / SF$320.05
Days on Market14
Property Features for 1415 Habersham St Unit A & B
General Information
Standard status
Size
Property subtype
Site & Location
Neighborhood
Units
Unit Mix
Multifamily Units
Building Details
Year Built
Buildings
Listing Agency:
Seabolt Real Estate
Listed By:
Nicole Johnson · License GA #384499
(912) 398-3838
Source:
Searchgreateraugustahomes
Added: Nov 1
Changed: Nov 10
Last Checked: Nov 12 at 11:00AM
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 Seabolt Real Estate
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.
This 2,184-square-foot duplex contains two separate residences, each with three bedrooms and two bathrooms. Built in 1900, the property has undergone renovations that include updated kitchens in both units.
The building is at 1415 Habersham Street in Savannah’s Thomas Square neighborhood, near SCAD and Forsyth Park. The separate residences offer options for rental use or owner occupancy.
The building is at 1415 Habersham Street in Savannah’s Thomas Square neighborhood, near SCAD and Forsyth Park. The separate residences offer options for rental use or owner occupancy.
Key Highlights
- Two residences, each with 3 bedrooms and 2 bathrooms
- 2,184 square feet across the duplex
- Updated kitchens in both residences
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$23,157
Cap Rate
3.31%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$463,140
$463.1K
Cap Rate 7%
$330,814
$330.8K
Cap Rate 9%
$257,300
$257.3K
Market Conditions
NOI Build-Up for 2,184 SF
Gross rent
$35.4K $16.20/SF
− Vacancy
−$2.3K −$1.05/SF
EGI
$33.1K $15.15/SF
− OpEx
−$9.9K −$4.54/SF
NOI
$23.2K $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%
$463,140
Cap Rate 7%
$330,814
Cap Rate 9%
$257,300
Alternative Uses
Best Use
Multifamily LT 5
$330.8K
$289.5K – $386.0K
NOI $23,157 @ 7.0% cap · market cap 3.31%
Second Best
Apartment 5plus
$306.8K
$268.4K – $357.9K
NOI $21,475 @ 7.0% cap · market cap 3.07%
Theoretical Best
Office A
$589.7K
$516.0K – $688.0K
NOI $41,278 @ 7.0% cap · market cap 5.91%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
1,791
Businesses Nearby
Explore this area
Business Placement
Demographics for 31401, GA
22,927
Population
11,832
Households
1.9
Avg Household Size
28
Median Age
48%
College-Educated
91%
High-School Grad
3.4 sq mi
ZIP Area
6,743
Density / Sq Mi
$50,182
Median Household Income
$27,309
Median Earnings
$1,428
Median Rent
$477,600
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Average Price Trend$/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 - Both residences have three bedrooms, two bathrooms, and updated kitchens.
Where is this duplex located?
The property is located at 1415 Habersham St Unit A & B Savannah, GA.
What is the asking price?
The asking price for this property is $699,000.
What are key features of this property?
This property features: Two residences, each with 3 bedrooms and 2 bathrooms; 2,184 square feet across the duplex; Updated kitchens in both residences
