Two-Unit Duplex
New
For Sale
$949,900
19 Ww 50th St, Savannah, GA 31401
Two separate living spaces offer flexibility for an owner-occupant or rental-oriented residential strategy.
Property Size3,174 SF
Price / SF$299.28
Days on Market4
Property Features for 19 Ww 50th St
General Information
Standard status
Active
Size
3,174 SF
Property subtype
Multi-Family
Additional Details
Multifamily Units
2
Building Details
Year Built
1930
Listing Agency:
RE/MAX Accent
Listed By:
Teresa H. Cowart · License #290798
(912) 667-1881
Source:
Searchgreateraugustahomes
Added: Sep 9
Changed: Sep 12
Last Checked: Sep 12 at 10:42AM
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 RE/MAX Accent
Investment Insights
Based on property information with market context.
Built in 1930, this duplex at 19 Ww 50th St in Savannah, GA 31401 contains 3,174 square feet and two separate living spaces. The configuration supports an owner-occupant arrangement with one unit retained for personal use and the other used as a rental, subject to applicable requirements.
The property is described as being near Midtown Savannah, with shopping, dining, parks, hospitals, and downtown attractions in the surrounding area. Its residential duplex format provides a straightforward option for buyers seeking multiple living spaces within one property.
The property is described as being near Midtown Savannah, with shopping, dining, parks, hospitals, and downtown attractions in the surrounding area. Its residential duplex format provides a straightforward option for buyers seeking multiple living spaces within one property.
Key Highlights
- Duplex with two separate living spaces
- 3,174 square feet of property size
- Built in 1930
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$33,654
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
3.54%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$673,080
$673.1K
Cap Rate 7%
$480,771
$480.8K
Cap Rate 9%
$373,933
$373.9K
Market Conditions
NOI Build-Up for 3,174 SF
Vacancy — income lost from leasable area expected to sit empty during the year, subtracted from gross rent.
EGI (Effective Gross Income) — gross rent minus vacancy losses, the realistic income before paying operating costs.
OpEx (Operating Expenses) — recurring costs to operate the property (property tax, insurance, utilities, maintenance, management); excludes financing and capital improvements.
NOI (Net Operating Income) — income a property generates after operating costs but before financing and taxes.
Gross rent
$51.4K $16.20/SF
− Vacancy
−$3.3K −$1.05/SF
EGI
$48.1K $15.15/SF
− OpEx
−$14.4K −$4.54/SF
NOI
$33.7K $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 rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$673,080
Cap Rate 7%
$480,771
Cap Rate 9%
$373,933
Alternative Uses
Best Use
Multifamily LT 5
$480.8K
$420.7K – $560.9K
NOI $33,654 @ 7.0% cap · market cap 3.54%
Second Best
Apartment 5plus
$445.9K
$390.1K – $520.2K
NOI $31,210 @ 7.0% cap · market cap 3.29%
Theoretical Best
Warehouse
$2.97M
$2.60M – $3.46M
NOI $207,642 @ 7.0% cap · market cap 21.86%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Open Analytics
Current Use
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
937
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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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 separate living spaces offer flexibility for an owner-occupant or rental-oriented residential strategy.
Where is this duplex located?
The property is located at 19 Ww 50th St Savannah, GA.
What is the asking price?
The asking price for this property is $949,900.
What are key features of this property?
This property features: Duplex with two separate living spaces; 3,174 square feet of property size; Built in 1930
