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Updated Duplex with Efficiency Unit

2301 Alaska Street Savannah, GA 31404

2301 Alaska Street, Savannah, GA, 31404
$340,000
For Sale
Claim this Listing
$340,000

MULTI_FAMILY - Other - Savannah, GA

Property Size1,451 SF
Lot Size0.15 Acres
Price / SF$234.32
AddedFeb 12
Days on Market153
Last RefreshJul 15 at 10:06 pm

Property Features for 2301 Alaska Street

General Information

Property type
Residential Multi Family
Property subtype
Other
Zoning
R4
Bedrooms
4
Bathrooms
2
Rooms
Bathroom 4, Bedroom 2, Bedroom 1, Bedroom 3, Bedroom 4, Bathroom 3, Bathroom 2, Bathroom 1
Parking features
Off Street
Fencing
Fenced
Appliances
Electric Water Heater
Standard status
Active
APN
2005818014
Size
1,451 SF
Lot size
0.15 Acres

Taxes and HOA fees

Tax Year
2024
Tax Description
LOT A RECOMBINATION OF LOTS 19, 20 & 21 AVON PARK
Tax Annual Amount
4660

Utilities

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

Building Details

Year built
1912
Floors in Building
1
Number of units
1
Building materials
Wood Siding
Architectural style
Other

Listing agent Joel Solomon License #349031

Listing office Century 21 Solomon Properties 802 First Street, Tybee Island, GA

Listing date Feb 12, 2026

MLS# SA348994 Listing URL

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 updated residential income duplex features a main home with 3 bedrooms and 1 full bathroom, along with new flooring and fresh interior paint. In addition, there is an attached 1-bedroom, 1-bath efficiency unit designed to provide flexible living arrangements, including rental income, guest use, a home office, or multigenerational options. The property is set on a lot that offers outdoor space for everyday enjoyment and potential future use.

The property is located at 2301 Alaska Street in Savannah, Georgia, within Chatham County. Public remarks note convenient access to Historic Downtown Savannah and Tybee Island.

Overall, the home is presented as move-in ready and is supported by recent interior updates and a dual-unit configuration suited to a variety of residential income scenarios.

Key Highlights

  • 1,450 SF home at 2301 Alaska Street with a 3‑bedroom main home plus an attached 1‑bedroom, 1‑bath efficiency unit
  • Updated interior with new flooring and fresh interior paint in the main home
  • Central heating and central air with electric heating and electric cooling

Local 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 $23.5k $16.20
− Vacancy −$1.5k −$1.05
EGI $22.0k $15.15
− OpEx −$6.6k −$4.54
NOI $15.4k $10.60
1,451 SF · lease $16.20/SF/yr · vacancy 6.50% · expense 30.00%

Alternative Uses

Best Use
Multifamily LT 5
$219.8K
$192.3K – $256.4K (±1% cap)
NOI $15,385 @ 7.0% cap · market cap 4.52%
Second Best
Apartment 5plus
$203.8K
$178.4K – $237.8K (±1% cap)
NOI $14,268 @ 7.0% cap · market cap 4.20%
Theoretical Best
Warehouse
$1.36M
$1.19M – $1.58M (±1% cap)
NOI $94,924 @ 7.0% cap · market cap 27.92%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Duplexes

Suggested Use

Law Firm Real Estate Agency Spa & Massage Center Parking Lot & Garage Pharmacy HVAC Service Building Supply Computer & Electronic Repair Hair Salon (Bike/Boat/Book/etc) Store

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Duplex - Updated residential income property with a main 3-bedroom unit and an attached 1-bedroom, 1-bath efficiency unit.
Where is this duplex located?
The property is located at 2301 Alaska Street Savannah, GA.
What is the asking price?
The asking price for this property is $340,000.
What are key features of this property?
This property features: 1,450 SF home at 2301 Alaska Street with a 3‑bedroom main home plus an attached 1‑bedroom, 1‑bath efficiency unit; Updated interior with new flooring and fresh interior paint in the main home; Central heating and central air with electric heating and electric cooling
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