Historic Victorian Duplex with
218 W Anderson Street Savannah, GA 31401
For Sale
$575,000
MULTI_FAMILY - Victorian - Savannah, GA
Property Size2,202 SF
Lot Size0.08 Acres
Price / SF$261.13
Days on Market14
Property Features for 218 W Anderson Street
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Zoning
TN-1
Bedrooms
5
Bathrooms
2
Rooms
Bathroom 1, Bedroom 4, Bedroom 3, Bedroom 2, Bathroom 2, Bedroom 1, Bedroom 5
Parking features
Off Street, Garage
Exterior features
Balcony, Courtyard
Fencing
Fenced
Fireplace
1
Appliances
Some Gas Appliances, Dryer, Dishwasher, Electric Water Heater, Freezer, Oven, Range, Refrigerator, Washer
Standard status
Active
APN
2005228014
Size
2,202 SF
Lot size
0.08 Acres
Taxes and HOA fees
Tax Description
LT 111 GUE WD
Utilities
Utilities
Cable Available
Sewer type
Public Sewer
Heating system
Electric (Heating), Central
Cooling system
Electric, Central Air
Water source
Public
Building Details
Year built
1900
Floors in Building
2
Number of units
2
Flooring type
Vinyl
Building materials
Wood Siding
Roof type
Composition
Architectural style
Victorian
Listing Agency:
Jenny Rutherford Real Estate,
(912) 388-2828
Listed By:
Jennifer L. Rutherford · License #343627
(912) 414-7155
Added: Jul 15
Changed: Jul 24
Last Checked: Jul 28 at 2:06AM
MLS# SA359887
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.
Built in the late 1800s, this historic Victorian duplex contains 2 units within approximately 2,202 square feet. The home is configured as 5 bedrooms and 2 bathrooms, with unit entrances from both W Anderson Street and a shared courtyard. The upstairs 3BR/1BA unit has recently been updated in the kitchen and bathroom and includes stainless steel appliances and a gas cooking stove, with linoleum wood-look flooring in both units. Access to a large bonus room on the third floor is provided via an inclined loft ladder through a “secret door,” where the bonus space can function as a 3rd bedroom and loft area.
Both units share a spacious courtyard with gated access from the parking lane and Anderson Street, suitable for outdoor use. New rear stairs and decks are included, and the property provides 2 off-street parking spots.
The downstairs unit is tenant occupied with lease expiration noted for August, at which time it may be increased. The property is zoned TN-1.
Both units share a spacious courtyard with gated access from the parking lane and Anderson Street, suitable for outdoor use. New rear stairs and decks are included, and the property provides 2 off-street parking spots.
The downstairs unit is tenant occupied with lease expiration noted for August, at which time it may be increased. The property is zoned TN-1.
Key Highlights
- Historic Victorian duplex with 2 units and 5 bedrooms / 2 bathrooms totaling 2,202 sqft
- Upstairs unit includes recent updates to kitchen and bathroom
- Gas cooking stove and stainless‑steel appliances plus washer and dryer included
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 | $35.7k | $16.20 |
| − Vacancy | −$2.3k | −$1.05 |
| EGI | $33.4k | $15.15 |
| − OpEx | −$10.0k | −$4.54 |
| NOI | $23.3k | $10.60 |
2,202 SF · lease $16.20/SF/yr · vacancy 6.50% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$333.5K
$291.9K – $389.1K
NOI $23,348 @ 7.0% cap · market cap 4.06%
Second Best
Apartment 5plus
$309.3K
$270.7K – $360.9K
NOI $21,652 @ 7.0% cap · market cap 3.77%
Theoretical Best
Warehouse
$2.06M
$1.80M – $2.40M
NOI $144,054 @ 7.0% cap · market cap 25.05%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use
Frequently Asked Questions
What type of property is this?
Duplex - Two-unit Victorian duplex features shared courtyard access and two off-street parking spaces.
Where is this duplex located?
The property is located at 218 W Anderson Street Savannah, GA.
What is the asking price?
The asking price for this property is $575,000.
What are key features of this property?
This property features: Historic Victorian duplex with 2 units and 5 bedrooms / 2 bathrooms totaling 2,202 sqft; Upstairs unit includes recent updates to kitchen and bathroom; Gas cooking stove and stainless‑steel appliances plus washer and dryer included
