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Duplex with Flexible Living Spaces
For Sale
$294,900

211 W 59th Street, Savannah, GA 31405

Savannah, GA

Property Size2,015 SF
Price / SF$146.35
Days on Market17

Property Features for 211 W 59th Street

General Information

Property type Residential Multi Family
Property subtype Duplex
Bedrooms 3
Bathrooms 3
Full bathrooms 2
Half bathrooms 1
Rooms Bedroom 1, Bedroom 2, Bedroom 3
Standard status Active
Size 2,015 SF

Building Details

Year built 1938
Listing Agency: Engel & Volkers Savannah · Engel & Völkers
Listed By: Jessica L. Kelly · License #270287
Added: Sep 24 Changed: Oct 3 Last Checked: Oct 10 at 3:06AM
MLS# SA365086

Copyright © 2026 Engel & Völkers. 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.

Built in 1938, this 2,015-square-foot duplex is arranged as two living areas. The smaller unit has one bedroom, one bathroom, a kitchenette, and washer and dryer. The primary residence includes two bedrooms, one and a half bathrooms, an eat-in kitchen, and a laundry and utility room. An interior door allows the spaces to be joined as a single residence.

Outdoor features include a covered front porch and a yard with off-street parking. The property is in Savannah, with access to Hunter Army Airfield, hospitals, schools, shopping, and downtown.

Key Highlights

  • 2,015‑square‑foot property built in 1938
  • Two living areas: a one‑bedroom apartment and a two‑bedroom primary residence
  • Apartment includes a kitchenette, washer, and dryer

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$21,365
Cap Rate
7.24%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$427,300 $427.3K
Cap Rate 7%
$305,214 $305.2K
Cap Rate 9%
$237,389 $237.4K
Market Conditions
NOI Build-Up for 2,015 SF
Gross rent
$32.6K $16.20/SF
− Vacancy
−$2.1K −$1.05/SF
EGI
$30.5K $15.15/SF
− OpEx
−$9.2K −$4.54/SF
NOI
$21.4K $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%
$427,300
Cap Rate 7%
$305,214
Cap Rate 9%
$237,389

Alternative Uses

Best Use
Multifamily LT 5
$305.2K
$267.1K – $356.1K (±1% cap)
NOI $21,365 @ 7.0% cap · market cap 7.24%
Second Best
Apartment 5plus
$283.0K
$247.7K – $330.2K (±1% cap)
NOI $19,813 @ 7.0% cap · market cap 6.72%
Theoretical Best
Warehouse
$1.88M
$1.65M – $2.20M (±1% cap)
NOI $131,820 @ 7.0% cap · market cap 44.70%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

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Current Use

Duplexes

Suggested Use

Top Pick Dental Office Law Firm Real Estate Agency Electrical Service Accounting Firm Skin Care Clinic

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

2
Residential units

Location Intelligence

Trade Area within ½ mile

467
Businesses Nearby

Demographics for 31405, GA

38,069
Population
16,809
Households
2.3
Avg Household Size
36
Median Age
35%
College-Educated
90%
High-School Grad
31.2 sq mi
ZIP Area
1,220
Density / Sq Mi
$62,123
Median Household Income
$35,836
Median Earnings
$1,431
Median Rent
$304,800
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Duplex - A separate apartment and primary residence offer distinct living areas that can be connected through an interior doorway.
Where is this duplex located?
The property is located at 211 W 59th Street Savannah, GA.
What is the asking price?
The asking price for this property is $294,900.
What are key features of this property?
This property features: 2,015‑square‑foot property built in 1938; Two living areas: a one‑bedroom apartment and a two‑bedroom primary residence; Apartment includes a kitchenette, washer, and dryer
More about this property
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