Duplex with Detached
For Sale
$499,900
206 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 206 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: Sep 1
Changed: Oct 14
Last Checked: Oct 19 at 7:06AM
MLS# SA363726
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.
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Investment Insights
Based on property information with market context.
This under-construction duplex property combines a 2,005-square-foot primary residence with a detached 443-square-foot ADU. The main home features an open-concept layout, granite kitchen countertops, stainless steel appliances, a center island, luxury vinyl plank flooring, and a main-level primary suite with a walk-in closet and tiled walk-in shower. Two additional bedrooms and a shared full bath are located upstairs.
Set apart from the primary residence, the ADU includes a full kitchen, living area, bedroom, walk-in closet, full bathroom, and in-unit laundry. The property occupies 0.17 acres and is scheduled for construction in 2026. Additional features include a covered front porch, exposed rafters, tongue-and-groove ceiling, off-street parking, public water, and public sewer. The property is located at 206 Bruce Street in Savannah, Georgia.
Set apart from the primary residence, the ADU includes a full kitchen, living area, bedroom, walk-in closet, full bathroom, and in-unit laundry. The property occupies 0.17 acres and is scheduled for construction in 2026. Additional features include a covered front porch, exposed rafters, tongue-and-groove ceiling, off-street parking, public water, and public sewer. The property is located at 206 Bruce Street in Savannah, Georgia.
Key Highlights
- Detached 443 SF ADU with full kitchen, bedroom, bathroom, living area, and in‑unit laundry
- 2,005‑square‑foot primary residence with four bedrooms and three bathrooms
- Main‑level primary suite with walk‑in closet and tiled walk‑in shower
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
Frequently Asked Questions
What type of property is this?
Duplex - Under-construction property pairs a primary residence with a separate living space featuring its own kitchen and laundry.
Where is this duplex located?
The property is located at 206 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: Detached 443 SF ADU with full kitchen, bedroom, bathroom, living area, and in‑unit laundry; 2,005‑square‑foot primary residence with four bedrooms and three bathrooms; Main‑level primary suite with walk‑in closet and tiled walk‑in shower
