Updated Duplex with Private
For Sale
$550,000
200 Kinzie Avenue, Savannah, GA 31404
Renovated mid-century property with a separate-entry living area, full kitchen, fenced yard, and flexible residential income potential.
Property Size2,156 SF
Price / SF$255.10
Days on Market91
Property Features for 200 Kinzie Avenue
General Information
Standard status
Active
Size
2,156 SF
Property subtype
Multi-Family
Units
Unit Mix
1 x 3BR/2BA, 1 x 1BR/1BA
Multifamily Units
2
Additional Details
Road Access
Yes
Amenities
patio
fire pit
fenced backyard
No
Yes
3
1
4
Washer Hookup,Dryer Hookup,Laundry Room
See Through,Wood Burning
Fireplace
Privacy
Other
Public
0.092
Off Street,On Street
Asphalt
Courtyard
Building Details
Building Size
2,156 SF
Year Built
1950
Buildings
1
Stories
1
Construction
mid-century modern
Listing Agency:
Coldwell Banker Advantage-Southern Pines
(912) 233-6000
Listed By:
Heather Booth · License #314371
(912) 401-9401
Source:
Baystreetrealtygroup
Added: Jul 20
Changed: Oct 16
Last Checked: Oct 16 at 6:49AM
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 Coldwell Banker Advantage-Southern Pines
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Investment Insights
Based on property information with market context.
This 2,156-square-foot duplex, built in 1950, combines mid-century character with extensive updates. The primary residence includes three bedrooms, two full bathrooms, hardwood flooring, large windows, and a double-sided fireplace linking the living room with the kitchen. An attached private suite has its own entrance, full kitchen, bedroom and living area, and full bathroom, creating a distinct second living space within the property.
Set on a generous lot in Gordonston, the home is positioned back from the road and enclosed by mature landscaping. The fully fenced backyard includes a patio and fire pit, with additional room for gardening, pets, play, or outdoor gatherings. The property is located near Downtown Savannah, hospitals, shopping, dining, and Tybee Island.
Set on a generous lot in Gordonston, the home is positioned back from the road and enclosed by mature landscaping. The fully fenced backyard includes a patio and fire pit, with additional room for gardening, pets, play, or outdoor gatherings. The property is located near Downtown Savannah, hospitals, shopping, dining, and Tybee Island.
Key Highlights
- 2,156‑square‑foot duplex built in 1950
- Primary residence offers 3 bedrooms and 2 full bathrooms
- Attached suite includes a private entrance, full kitchen, bedroom/living area, and full bathroom
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$22,860
Cap Rate
4.16%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$457,200
$457.2K
Cap Rate 7%
$326,571
$326.6K
Cap Rate 9%
$254,000
$254.0K
Market Conditions
NOI Build-Up for 2,156 SF
Gross rent
$34.9K $16.20/SF
− Vacancy
−$2.3K −$1.05/SF
EGI
$32.7K $15.15/SF
− OpEx
−$9.8K −$4.54/SF
NOI
$22.9K $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%
$457,200
Cap Rate 7%
$326,571
Cap Rate 9%
$254,000
Alternative Uses
Best Use
Multifamily LT 5
$326.6K
$285.8K – $381.0K
NOI $22,860 @ 7.0% cap · market cap 4.16%
Second Best
Apartment 5plus
$302.9K
$265.0K – $353.3K
NOI $21,200 @ 7.0% cap · market cap 3.85%
Theoretical Best
Warehouse
$2.01M
$1.76M – $2.35M
NOI $141,045 @ 7.0% cap · market cap 25.64%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Current Use
Lease Details
2
Residential units
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
294
Businesses Nearby
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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
Frequently Asked Questions
What type of property is this?
Duplex - Renovated mid-century property with a separate-entry living area, full kitchen, fenced yard, and flexible residential income potential.
Where is this duplex located?
The property is located at 200 Kinzie Avenue Savannah, GA.
What is the asking price?
The asking price for this property is $550,000.
What are key features of this property?
This property features: 2,156‑square‑foot duplex built in 1950; Primary residence offers 3 bedrooms and 2 full bathrooms; Attached suite includes a private entrance, full kitchen, bedroom/living area, and full bathroom
