Updated Duplex with Solar
For Sale
$325,000
1714 E 39th St, Savannah, GA 31404
Two-unit property with refreshed kitchens, bathrooms, roof, HVAC, and siding.
Property Size1,210 SF
Price / SF$268.60
Days on Market57
Property Features for 1714 E 39th St
General Information
Standard status
Active
Size
1,210 SF
Property subtype
Multi-Family
Additional Details
Highway Access
Yes
Multifamily Units
2
Amenities
solar panels
Building Details
Year Built
1940
Listing Agency:
Keller Williams Coastal Area P
Listed By:
Shannee L. Theus · License #390473
(315) 289-6677
Source:
Searchgreateraugustahomes
Added: Aug 20
Changed: Oct 7
Last Checked: Oct 14 at 11:15PM
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 Keller Williams Coastal Area P
Investment Insights
Based on property information with market context.
This duplex offers 1210 square feet across two residential units, with improvements to key building systems and interior finishes. The roof, HVAC, and siding are new, while both kitchens feature granite countertops and new cabinets. Bathrooms have been updated, and the living areas use an open-concept layout. Solar panels are installed on one unit.
The property is positioned within walking distance of Whole Foods, downtown, and Grayson Stadium, home of the Savannah Bananas. Truman Parkway is approximately three minutes away, providing a direct connection for regional commuting. The setup also supports an owner-occupancy arrangement with one unit available for rental.
The property is positioned within walking distance of Whole Foods, downtown, and Grayson Stadium, home of the Savannah Bananas. Truman Parkway is approximately three minutes away, providing a direct connection for regional commuting. The setup also supports an owner-occupancy arrangement with one unit available for rental.
Key Highlights
- Duplex with 1210 square feet and two residential units
- New roof, HVAC system, and siding
- Both kitchens include granite countertops and new cabinets
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$12,830
Cap Rate
3.95%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$256,600
$256.6K
Cap Rate 7%
$183,286
$183.3K
Cap Rate 9%
$142,556
$142.6K
Market Conditions
NOI Build-Up for 1,210 SF
Gross rent
$19.6K $16.20/SF
− Vacancy
−$1.3K −$1.05/SF
EGI
$18.3K $15.15/SF
− OpEx
−$5.5K −$4.54/SF
NOI
$12.8K $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%
$256,600
Cap Rate 7%
$183,286
Cap Rate 9%
$142,556
Alternative Uses
Best Use
Multifamily LT 5
$183.3K
$160.4K – $213.8K
NOI $12,830 @ 7.0% cap · market cap 3.95%
Second Best
Apartment 5plus
$170.0K
$148.7K – $198.3K
NOI $11,898 @ 7.0% cap · market cap 3.66%
Theoretical Best
Warehouse
$1.13M
$989.5K – $1.32M
NOI $79,158 @ 7.0% cap · market cap 24.36%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Lease Details
2
Residential units
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
640
Businesses Nearby
Explore this area
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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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 - Two-unit property with refreshed kitchens, bathrooms, roof, HVAC, and siding.
Where is this duplex located?
The property is located at 1714 E 39th St Savannah, GA.
What is the asking price?
The asking price for this property is $325,000.
What are key features of this property?
This property features: Duplex with 1210 square feet and two residential units; New roof, HVAC system, and siding; Both kitchens include granite countertops and new cabinets
