2304 E Reynolds Street, Savannah, GA 31401
MULTI_FAMILY - Other - Savannah, GA
- Added:
- Jun 16, 2026
- Days on Market:
- 15
- Last Refresh:
- Jun 30 at 4:06 pm
Property Features for 2304 E Reynolds Street
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Zoning
- R4
- Bedrooms
- 8
- Bathrooms
- 2
- Rooms
- Bedroom 4, Bedroom 3, Bedroom 7, Bedroom 8, Bedroom 2, Bathroom 1, Bedroom 6, Bedroom 1, Bedroom 5, Bathroom 2
- Parking features
- Off Street, On Street
- Patio and Porch features
- Porch, Deck
- Interior features
- Ceiling Fan(s)
- Exterior features
- Deck
- Fencing
- Fenced, Chain Link
- Appliances
- Dryer, Dishwasher, Electric Water Heater, Oven, Range, Washer, Refrigerator
- Standard status
- Active
- APN
- 2007507002
- Size
- 2,444 SF
- Lot size
- 0.08 Acres
Taxes and HOA fees
- Tax Year
- 2024
- Tax Description
- S PT OF LTS 1 THRU 3 BLK 18 GARRARD WD
- Tax Annual Amount
- 3235
Utilities
- Utilities
- Cable Available
- Sewer type
- Public Sewer
- Heating system
- Heat Pump (Heating), Electric (Heating)
- Cooling system
- Central Air, Electric
- Water source
- Public
Building Details
- Year built
- 1920
- Floors in Building
- 2
- Architectural style
- Other
Listing agent A. Lindsey Adams License #288930 (912) 313-9756
Listing office Keller Williams Coastal Area P 329 Commercial Dr., Suite 100, Savannah, GA (912) 356-5001
Listing date Jun 16, 2026
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.
HighLights
- Duplex with two units, each featuring 4 bedrooms and 1 bathroom
- Downstairs unit includes a brand new bathroom and freshly renovated interior
- Upstairs tenants renewed their lease for another year at $2,200 per month (lease renewed last year)
- Includes front porch and back deck, plus a private fenced yard with chain‑link fencing
- Utilities include public water and public sewer; cable available
- Heating and cooling: heat pump and electric heating, with central air and electric cooling
Overview
Located at 2304 E Reynolds Street in Savannah, GA 31401, the property is listed as a duplex under R4 zoning. The lot measures 0.078 acres, and the building size is 2,444 square feet.
The layout supports a live-in-and-rent setup or an income-focused purchase. The upstairs unit has tenant continuity, with the most recent tenants renewing their lease for another year at $2,200 per month. The combination of a renovated downstairs unit and an active upstairs lease can be appealing for buyers seeking a duplex with defined unit separation and usable outdoor space.
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 | $39.6k | $16.20 |
| − Vacancy | −$2.6k | −$1.05 |
| EGI | $37.0k | $15.15 |
| − OpEx | −$11.1k | −$4.54 |
| NOI | $25.9k | $10.60 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Savannah
- County
- Chatham
- State
- Georgia
- Longitude
- -81.092264
- Latitude
- 32.052883
