Duplex with Detached Carriage
New
For Sale
$350,000
2209 E 58th Street, Savannah, GA 31404
Residential Income, Savannah, GA
Property Size2,466 SF
Lot Size0.14 Acres
Price / SF$141.93
Days on Market2
Property Features for 2209 E 58th Street
General Information
Property type
Residential Multi Family
Property subtype
Other
Zoning
R6
Bedrooms
4
Bathrooms
3
Full bathrooms
3
Rooms
Bathroom 3, Bedroom 1, Bathroom 1, Bedroom 3, Bathroom 2, Bedroom 4, Bedroom 2
Interior features
Ceiling Fan(s)
Appliances
Electric Water Heater
Subdivision
K Laroche Park Sub
Directions
From I-16 E take exit 165 towards 37th St/Abercorn St. Turn right onto Martin Luther King Blvd. Turn left onto Victory Drive. Turn right onto Waters Avenue. Left onto Delesseps Avenue. Turn left onto Puerto Rico St. Turn right onto 58th St, house is on the left.
Standard status
Active
APN
2010205005
Size
2,466 SF
Lot size
0.14 Acres
Taxes and HOA fees
Tax Year
2025
Tax Description
LOTS 15 AND 17 BLOCK K LAROCHE PARK SUB SESSOMS WARD
Tax Annual Amount
3447
Legal Description
LOTS 15 AND 17 BLOCK K LAROCHE PARK SUB SESSOMS WARD
Utilities
Sewer type
Public Sewer
Heating system
Electric (Heating), Central
Cooling system
Central Air, Electric
Water source
Public
Amenities
storage building
Building Details
Year built
1960
Floors in Building
1
Number of units
2
Building materials
Brick
Additional Structures
Storage
Buildings
3
Listing Agency:
LPT Realty LLC
(877) 366-2213
Listed By:
Katherine Mayville Morse · License #431650
(912) 429-1285
Added: Oct 28
Last Checked: Oct 29 at 2:06PM
MLS# SA367218
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 brick duplex property in Savannah contains two separate residences: a 1,516-square-foot main house with three bedrooms and two bathrooms, plus a detached 950-square-foot carriage house with one bedroom and one bathroom. A separate storage building adds additional enclosed space. The combined residential area is 2,466 square feet on a 0.14-acre lot.
Built in 1960, the property has R6 zoning, central electric heating and air conditioning, and public water and sewer service.
Built in 1960, the property has R6 zoning, central electric heating and air conditioning, and public water and sewer service.
Key Highlights
- Two residences totaling 2,466 square feet on a 0.14‑acre lot
- Main house: 1,516 square feet, 3 bedrooms, 2 bathrooms
- Detached carriage house: 950 square feet, 1 bedroom, 1 bathroom
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$26,147
Cap Rate
7.47%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$522,940
$522.9K
Cap Rate 7%
$373,529
$373.5K
Cap Rate 9%
$290,522
$290.5K
Market Conditions
NOI Build-Up for 2,466 SF
Gross rent
$39.9K $16.20/SF
− Vacancy
−$2.6K −$1.05/SF
EGI
$37.4K $15.15/SF
− OpEx
−$11.2K −$4.54/SF
NOI
$26.1K $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%
$522,940
Cap Rate 7%
$373,529
Cap Rate 9%
$290,522
Alternative Uses
Best Use
Multifamily LT 5
$373.5K
$326.8K – $435.8K
NOI $26,147 @ 7.0% cap · market cap 7.47%
Second Best
Apartment 5plus
$346.4K
$303.1K – $404.1K
NOI $24,248 @ 7.0% cap · market cap 6.93%
Theoretical Best
Warehouse
$2.30M
$2.02M – $2.69M
NOI $161,325 @ 7.0% cap · market cap 46.09%
Zoning and permitted uses should be independently verified with authorities.
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Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
415
Businesses Nearby
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Business Placement
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
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Market
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Duplex - Two separate residences and a standalone storage building provide distinct living and storage areas on one property.
Where is this duplex located?
The property is located at 2209 E 58th Street Savannah, GA.
What is the asking price?
The asking price for this property is $350,000.
What are key features of this property?
This property features: Two residences totaling 2,466 square feet on a 0.14‑acre lot; Main house: 1,516 square feet, 3 bedrooms, 2 bathrooms; Detached carriage house: 950 square feet, 1 bedroom, 1 bathroom
