Victorian
New
For Sale
$590,000
1706 Barnard Street, Savannah, GA 31401
Residential Income, Savannah, GA
Property Size2,980 SF
Lot Size0.14 Acres
Price / SF$197.99
Days on Market3
Property Features for 1706 Barnard Street
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Bedrooms
5
Bathrooms
2
Full bathrooms
2
Rooms
Bedroom 3, Bathroom 2, Bedroom 5, Bedroom 4, Bedroom 2, Bathroom 1, Bedroom 1
Interior features
Pull Down Attic Stairs
Fencing
Chain Link
Lot features
City Lot
Directions
From 37th Street turn on Barnard Street home is on the right.
Standard status
Active
APN
20066 28015
Size
2,980 SF
Lot size
0.14 Acres
Taxes and HOA fees
Tax Description
LOT 23 AND SOUTH HALF LOT 22 FALLIGANT WARD
Legal Description
LOT 23 AND SOUTH HALF LOT 22 FALLIGANT WARD
Utilities
Sewer type
Public Sewer
Water source
Public
Building Details
Year built
1908
Floors in Building
2
Number of units
2
Flooring type
Wood
Building materials
Wood Siding
Roof type
Composition
Architectural style
Victorian
Listing Agency:
Realty One Group Inclusion
(912) 298-7200
Listed By:
Sharita Lal · License #380026
(912) 398-2909
Added: Oct 20
Last Checked: Oct 22 at 9:06PM
MLS# SA366739
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 Victorian duplex, built in 1908, requires complete rehabilitation and restoration. The building has wood siding, wood flooring, pull-down attic stairs, and a composition roof. Public water and public sewer serve the property, and chain-link fencing is present. The 0.14-acre lot is in Savannah’s Thomas Square neighborhood, near the Starland District, neighborhood restaurants, cafés, galleries, and shops. Forsyth Park, downtown Savannah, and the riverfront are also described as nearby.
Key Highlights
- Duplex built in 1908
- 0.14‑acre lot
- Complete rehabilitation and restoration required
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$31,597
Cap Rate
5.36%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$631,940
$631.9K
Cap Rate 7%
$451,386
$451.4K
Cap Rate 9%
$351,078
$351.1K
Market Conditions
NOI Build-Up for 2,980 SF
Gross rent
$48.3K $16.20/SF
− Vacancy
−$3.1K −$1.05/SF
EGI
$45.1K $15.15/SF
− OpEx
−$13.5K −$4.54/SF
NOI
$31.6K $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%
$631,940
Cap Rate 7%
$451,386
Cap Rate 9%
$351,078
Alternative Uses
Best Use
Multifamily LT 5
$451.4K
$395.0K – $526.6K
NOI $31,597 @ 7.0% cap · market cap 5.36%
Second Best
Apartment 5plus
$418.6K
$366.3K – $488.4K
NOI $29,302 @ 7.0% cap · market cap 4.97%
Theoretical Best
Warehouse
$2.78M
$2.44M – $3.25M
NOI $194,950 @ 7.0% cap · market cap 33.04%
Zoning and permitted uses should be independently verified with authorities.
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Open Analytics
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
1,757
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
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Market
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Duplex - The 1908 property requires comprehensive rehabilitation and has public water and sewer service.
Where is this duplex located?
The property is located at 1706 Barnard Street Savannah, GA.
What is the asking price?
The asking price for this property is $590,000.
What are key features of this property?
This property features: Duplex built in 1908; 0.14‑acre lot; Complete rehabilitation and restoration required
