Duplex for
For Sale
$590,000
1706 Barnard Street A & B, Savannah, GA 31401
Two residential units offer a substantial rehabilitation project in Savannah’s Thomas Square neighborhood.
Property Size1,908 SF
Price / SF$204.15
Days on Market10
Property Features for 1706 Barnard Street A & B
General Information
Standard status
Active
Size
1,908 SF
Property subtype
Multifamily
Property Condition
Severity
Major Repairs Needed
Evidence
Property requires complete rehabilitation and restoration.
Site & Location
Neighborhood
Metropolitan
Additional Details
Multifamily Units
2
Amenities
0.14 acres
Public Sewer
Parcel Number: 20066 28015, Annual Amount: $5,071, Year: 2025
Listing ID: 10875712, Standard Status: Active, MLS Status: New, On market as of 2026-10-20, 8 days on market, Special Conditions: As Is
Attached
Elementary School: Gadsden, Middle School: Derenne, High School: Beach
Built in 1908, Levels: Two, Construction Materials: Wood Siding
Subdivision: Falligant Ward, County/Parish: Chatham
Fixer
Electricity Individual Meters, Water Source: Public
4 fireplaces
Close Of Escrow
Fee Includes: None
Building Details
Building Size
1,908 SF
Year Built
1908
Buildings
1
Listing Agency:
Realty One Group Inclusion
Listed By:
Sharita Lal · License #380026
(912) 298-7200
Source:
Blackstreaminternational
Added: Oct 20
Changed: Oct 28
Last Checked: Oct 28 at 8:36AM
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 Realty One Group Inclusion
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Investment Insights
Based on property information with market context.
This 2,890-square-foot duplex at 1706 Barnard Street dates to 1908 and requires complete rehabilitation and restoration. The property contains two units, each approximately 1,500 square feet, with space to rework the interiors while retaining the building’s historic character.
The duplex is in Savannah’s Thomas Square neighborhood, near the Starland District, restaurants, cafes, galleries, and local shops. Forsyth Park, downtown Savannah, and the riverfront are also nearby. An accessory dwelling unit or carriage house may be possible, subject to zoning, historic-preservation requirements, and all necessary approvals. Adjacent vacant land is not included in the offering and is not for sale.
The duplex is in Savannah’s Thomas Square neighborhood, near the Starland District, restaurants, cafes, galleries, and local shops. Forsyth Park, downtown Savannah, and the riverfront are also nearby. An accessory dwelling unit or carriage house may be possible, subject to zoning, historic-preservation requirements, and all necessary approvals. Adjacent vacant land is not included in the offering and is not for sale.
Key Highlights
- Two‑unit duplex with 2,890 square feet combined
- Built in 1908; complete rehabilitation and restoration required
- Each unit is approximately 1,500 square feet
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$30,642
Cap Rate
5.19%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$612,840
$612.8K
Cap Rate 7%
$437,743
$437.7K
Cap Rate 9%
$340,467
$340.5K
Market Conditions
NOI Build-Up for 2,890 SF
Gross rent
$46.8K $16.20/SF
− Vacancy
−$3.0K −$1.05/SF
EGI
$43.8K $15.15/SF
− OpEx
−$13.1K −$4.54/SF
NOI
$30.6K $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%
$612,840
Cap Rate 7%
$437,743
Cap Rate 9%
$340,467
Alternative Uses
Best Use
Multifamily LT 5
$437.7K
$383.0K – $510.7K
NOI $30,642 @ 7.0% cap · market cap 5.19%
Second Best
Apartment 5plus
$406.0K
$355.2K – $473.6K
NOI $28,417 @ 7.0% cap · market cap 4.82%
Theoretical Best
Warehouse
$2.70M
$2.36M – $3.15M
NOI $189,062 @ 7.0% cap · market cap 32.04%
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
1,757
Businesses Nearby
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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 - Two residential units offer a substantial rehabilitation project in Savannah’s Thomas Square neighborhood.
Where is this duplex located?
The property is located at 1706 Barnard Street A & B 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: Two‑unit duplex with 2,890 square feet combined; Built in 1908; complete rehabilitation and restoration required; Each unit is approximately 1,500 square feet
