New Construction Duplex with Detached
For Sale
$499,900
204 Bruce Street, Savannah, GA 31406
Residential Income, Savannah, GA
Property Size2,005 SF
Lot Size0.17 Acres
Price / SF$249.33
Days on Market49
Property Features for 204 Bruce Street
General Information
Property type
Residential Multi Family
Property subtype
Other
Property condition
Under Construction
Bedrooms
4
Bathrooms
4
Full bathrooms
4
Half bathrooms
1
Rooms
Bedroom 1, Bedroom 3, Bedroom 4, Bathroom 3, Bathroom 1, Bedroom 2, Bathroom 4, Bathroom 2
Parking features
Off Street
Interior features
Pull Down Attic Stairs
Appliances
Dishwasher, Electric Water Heater, Disposal, Microwave, Oven, Range, Refrigerator
Subdivision
Camellia Trail
Directions
From E Montgomery Xrds, turn left onto Aegean Ave. Turn left onto Dennis St. Property is on the right.
Standard status
Active
APN
20531 03003
Size
2,005 SF
Lot size
0.17 Acres
Taxes and HOA fees
Tax Description
GREENWAY PARK EAST CHIPPE WA TRACT
Legal Description
GREENWAY PARK EAST CHIPPE WA TRACT
Utilities
Sewer type
Public Sewer
Heating system
Electric (Heating), Central
Cooling system
Central Air, Electric
Water source
Public
Building Details
Year built
2026
Floors in Building
2
Number of units
2
Building materials
Vinyl Siding, Wood Siding
Roof type
Composition
Listing Agency:
Keller Williams Coastal Area P · Keller Williams Realty
(912) 356-5001
Listed By:
Kristin Brown · License #301485
(912) 844-2579
Added: Aug 28
Changed: Oct 14
Last Checked: Oct 15 at 8:06AM
MLS# SA363522
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.
Investment Insights
Based on property information with market context.
This under-construction duplex pairs a 2,005-square-foot primary residence with a detached 443-square-foot one-bedroom ADU. The main home features an open-concept layout, a granite kitchen with stainless steel appliances and an oversized island, luxury vinyl plank flooring in the principal living areas, and a main-level owner's suite with a walk-in closet and tiled walk-in shower. Three additional bedrooms provide flexible room for household, guest, or office use.
The detached ADU includes its own kitchen, living area, bedroom, full bathroom, walk-in closet, and dedicated laundry. Lowcountry-inspired exterior details include exposed rafter tails, a tongue-and-groove porch ceiling, a covered front porch, and vinyl and wood siding. The property occupies 0.17 acres and includes off-street parking, public water, and public sewer. Central electric heating and cooling serve the property, with completion scheduled for 2026.
The detached ADU includes its own kitchen, living area, bedroom, full bathroom, walk-in closet, and dedicated laundry. Lowcountry-inspired exterior details include exposed rafter tails, a tongue-and-groove porch ceiling, a covered front porch, and vinyl and wood siding. The property occupies 0.17 acres and includes off-street parking, public water, and public sewer. Central electric heating and cooling serve the property, with completion scheduled for 2026.
Key Highlights
- 2,005 SF primary residence with a detached 443 SF ADU
- Detached ADU includes a kitchen, living area, bedroom, full bath, walk‑in closet, and dedicated laundry
- Main residence includes a main‑level owner's suite and three additional bedrooms
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$21,259
Cap Rate
4.25%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$425,180
$425.2K
Cap Rate 7%
$303,700
$303.7K
Cap Rate 9%
$236,211
$236.2K
Market Conditions
NOI Build-Up for 2,005 SF
Gross rent
$32.5K $16.20/SF
− Vacancy
−$2.1K −$1.05/SF
EGI
$30.4K $15.15/SF
− OpEx
−$9.1K −$4.54/SF
NOI
$21.3K $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%
$425,180
Cap Rate 7%
$303,700
Cap Rate 9%
$236,211
Alternative Uses
Best Use
Multifamily LT 5
$303.7K
$265.7K – $354.3K
NOI $21,259 @ 7.0% cap · market cap 4.25%
Second Best
Apartment 5plus
$281.6K
$246.4K – $328.6K
NOI $19,715 @ 7.0% cap · market cap 3.94%
Theoretical Best
Warehouse
$1.87M
$1.64M – $2.19M
NOI $131,166 @ 7.0% cap · market cap 26.24%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
2,108
Businesses Nearby
Explore this area
Business Placement
Demographics for 31406, GA
34,579
Population
15,424
Households
2.2
Avg Household Size
39
Median Age
37%
College-Educated
93%
High-School Grad
26.2 sq mi
ZIP Area
1,320
Density / Sq Mi
$66,084
Median Household Income
$41,512
Median Earnings
$1,340
Median Rent
$260,800
Median Home Value
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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 - Under-construction residential property combines an open-concept primary home with a separate one-bedroom living unit.
Where is this duplex located?
The property is located at 204 Bruce Street Savannah, GA.
What is the asking price?
The asking price for this property is $499,900.
What are key features of this property?
This property features: 2,005 SF primary residence with a detached 443 SF ADU; Detached ADU includes a kitchen, living area, bedroom, full bath, walk‑in closet, and dedicated laundry; Main residence includes a main‑level owner's suite and three additional bedrooms
