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Duplex with Private Courtyards
New
For Sale
$499,900

2141 New York Avenue, Savannah, GA 31404

MULTI_FAMILY - Savannah, GA

Property Size1,644 SF
Lot Size0.12 Acres
Price / SF$304.08
Days on Market4

Property Features for 2141 New York Avenue

General Information

Property type Residential Multi Family
Property subtype Other
Zoning R6
Bedrooms 4
Bathrooms 2
Full bathrooms 2
Rooms Bedroom 2, Bedroom 3, Bathroom 2, Bathroom 1, Bedroom 4, Bedroom 1
Parking features Off Street
Exterior features Courtyard
Fencing Privacy
Fireplace 1
Appliances Dishwasher, Gas Water Heater, Microwave, Oven, Range, Dryer, Refrigerator, Washer
Lot features Corner Lot
Directions From Harry S Truman Parkway, take the exit for E Anderson Street. Continue onto E 31st Street. Turn right onto Skidaway Road. Turn left onto Durant Avenue. Turn right onto Pennsylvania Avenue, and then left onto New York Avenue. The home is on your right.
Standard status Active
APN 2006010007
Size 1,644 SF
Lot size 0.12 Acres

Taxes and HOA fees

Tax Description LOTS 2 AND 4 BLOCK 33 AVONDALE S UB MEYER WARD
Legal Description LOTS 2 AND 4 BLOCK 33 AVONDALE S UB MEYER WARD

Utilities

Sewer type Public Sewer
Heating system Electric (Heating), Central
Cooling system Central Air, Electric
Water source Public

Amenities

updated kitchens and baths
LVP flooring
in-unit laundry
private fenced courtyards
furnished

Building Details

Year built 1936
Floors in Building 1
Number of units 2
Flooring type Hardwood
Listing Agency: Corcoran Austin Hill Realty
Listed By: Brent Sappe · License #420355
Added: Jul 30 Changed: Aug 1 Last Checked: Aug 2 at 3:06AM
MLS# SA361582

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 duplex offers a turnkey setup with two furnished 2-bedroom, 1-bath units on a corner lot. One unit is currently rented, and the other is vacant and ready for immediate occupancy. Updates include updated kitchens and baths, LVP flooring, in-unit laundry, and private fenced courtyards for each unit. Dedicated off-street parking supports day-to-day convenience. Additional included features and systems include a gas water heater, central electric heating, central air conditioning, electric cooling, and a fireplace. The property was built in 1936 and is served by public water and public sewer.

Zoned R6, the property sits on a 0.12-acre lot with 1,644 square feet of building area. It’s located near SCAD, downtown Savannah, local hospitals, and Tybee Island, providing access to a range of employment, services, and recreation.

Each unit’s layout is designed for comfortable rental living, with privacy outdoors and dedicated parking, making the property well-suited for renters seeking a self-contained setup.

Key Highlights

  • Turnkey duplex with two furnished 2‑bedroom, 1‑bath units; one rented and one vacant
  • Private fenced courtyards for each unit, plus courtyard exterior feature
  • In‑unit laundry, updated kitchens and baths, and LVP flooring

Financial Insights For Multifamily LT 5

Simulate Cap Rate and NOI

NOI Build-Up
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.

Component $ $/SF
Gross rent $26.6k $16.20
− Vacancy −$1.7k −$1.05
EGI $24.9k $15.15
− OpEx −$7.5k −$4.54
NOI $17.4k $10.60
1,644 SF · lease $16.20/SF/yr · vacancy 6.50% · expense 30.00%

Alternative Uses

Best Use
Multifamily LT 5
$249.0K
$217.9K – $290.5K (±1% cap)
NOI $17,431 @ 7.0% cap · market cap 3.49%
Second Best
Apartment 5plus
$230.9K
$202.1K – $269.4K (±1% cap)
NOI $16,165 @ 7.0% cap · market cap 3.23%
Theoretical Best
Warehouse
$1.54M
$1.34M – $1.79M (±1% cap)
NOI $107,550 @ 7.0% cap · market cap 21.51%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Law Firm Dental Office Parking Lot & Garage HVAC Service (Bike/Boat/Book/etc) Store Electrical Service

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

Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

342
Businesses Nearby

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

Market

Vacancy Rate% for Multifamily in South region

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

What type of property is this?
Duplex - Two furnished 2-bedroom, 1-bath units on a corner lot, with in-unit laundry, fenced courtyards, and off-street parking.
Where is this duplex located?
The property is located at 2141 New York Avenue 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: Turnkey duplex with two furnished 2‑bedroom, 1‑bath units; one rented and one vacant; Private fenced courtyards for each unit, plus courtyard exterior feature; In‑unit laundry, updated kitchens and baths, and LVP flooring
More about this property
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