Side-by-Side
For Sale
$689,000
1505 Habersham Street, Savannah, GA
Residential Income, Savannah, GA
Property Size3,672 SF
Lot Size0.04 Acres
Price / SF$187.64
Days on Market16
Property Features for 1505 Habersham Street
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Zoning
RM40
Bedrooms
4
Bathrooms
4
Full bathrooms
4
Half bathrooms
2
Rooms
Bathroom 1, Bedroom 1, Bedroom 2, Bedroom 4, Bedroom 3, Bathroom 3, Bathroom 2, Bathroom 4
Parking features
On Street
Exterior features
Courtyard
Fencing
Fenced, Privacy
Appliances
Electric Water Heater
Subdivision
Cummings Ward
Lot features
Historic District
Directions
Between 31st Street and 32nd Street on Habersham Street.
Standard status
Active
APN
2005326002
Size
3,672 SF
Lot size
0.04 Acres
Taxes and HOA fees
Tax Description
PT LOTS 35 & 36 CUMMINGS WD
Legal Description
PT LOTS 35 & 36 CUMMINGS WD
Utilities
Sewer type
Public Sewer
Heating system
Electric (Heating), Central
Cooling system
Electric, Central Air
Water source
Public
Amenities
private patios
Building Details
Year built
1900
Floors in Building
2
Number of units
2
Building materials
Wood Siding
Listing Agency:
Keller Williams Coastal Area P · Keller Williams Realty
(912) 356-5001
Listed By:
Mark Gugliuzza · License #343352
(912) 604-0203
Added: Sep 30
Changed: Oct 6
Last Checked: Oct 15 at 5:06AM
MLS# SA364709
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.
Built in 1900, this side-by-side duplex contains 3,672 square feet on a 0.04-acre lot. Both residences have separate living and dining rooms, high ceilings, hardwood floors, and private patios. Natural light reaches the bedrooms. One unit is occupied, while the other is described as ready for move-in.
The property is a few blocks from Forsyth, SCAD, and Downtown Savannah. RM40 zoning is listed for the site.
The property is a few blocks from Forsyth, SCAD, and Downtown Savannah. RM40 zoning is listed for the site.
Key Highlights
- 3,672‑square‑foot duplex on a 0.04‑acre lot
- Two side‑by‑side units, with one occupied and the other ready for move‑in
- Separate living and dining rooms in each unit
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$38,934
Cap Rate
5.65%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$778,680
$778.7K
Cap Rate 7%
$556,200
$556.2K
Cap Rate 9%
$432,600
$432.6K
Market Conditions
NOI Build-Up for 3,672 SF
Gross rent
$59.5K $16.20/SF
− Vacancy
−$3.9K −$1.05/SF
EGI
$55.6K $15.15/SF
− OpEx
−$16.7K −$4.54/SF
NOI
$38.9K $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%
$778,680
Cap Rate 7%
$556,200
Cap Rate 9%
$432,600
Alternative Uses
Best Use
Multifamily LT 5
$556.2K
$486.7K – $648.9K
NOI $38,934 @ 7.0% cap · market cap 5.65%
Second Best
Apartment 5plus
$515.8K
$451.3K – $601.8K
NOI $36,106 @ 7.0% cap · market cap 5.24%
Theoretical Best
Warehouse
$3.43M
$3.00M – $4.00M
NOI $240,221 @ 7.0% cap · market cap 34.87%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Current Use
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
1,791
Businesses Nearby
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Business Placement
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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 - Each residence has separate living and dining rooms, high ceilings, and a private patio.
Where is this duplex located?
The property is located at 1505 Habersham Street Savannah, GA.
What is the asking price?
The asking price for this property is $689,000.
What are key features of this property?
This property features: 3,672‑square‑foot duplex on a 0.04‑acre lot; Two side‑by‑side units, with one occupied and the other ready for move‑in; Separate living and dining rooms in each unit
