Starland District Quadplex with
2310 Whitaker Street, Savannah, GA 31401
For Sale
$850,000
Four-unit multifamily property with varied bedroom layouts, fenced areas, covered porches, and rear parking.
Property Size3,408 SF
Days on Market129
Property Features for 2310 Whitaker Street
General Information
Standard status
Size
Total Parking Spaces
Property subtype
Zoning
Site & Location
Neighborhood
Units
Unit Mix
Multifamily Units
Amenities
covered front porches
private balconies
fenced yard
Building Details
Building Size
Year Built
Stories
Units
Listing Agency:
LPT Realty LLC
(877) 366-2213
Listed By:
Benjamin Sawyer · License GA #442604
(501) 580-1503
Source:
Thomasrealtysold
Added: Jul 8
Changed: Nov 12
Last Checked: Aug 2 at 11:25AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of LPT Realty LLC
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Investment Insights
Based on property information with market context.
This four-unit multifamily property includes two vacant front residences and two occupied rear residences. The unit mix consists of a three-bedroom, one-bath unit; two two-bedroom, one-bath units; and a one-bedroom, one-bath unit. Covered front porches serve the lower residences, while the upper units have private balconies. Fenced areas extend across both the front and rear portions of the property, and one parking space is available behind the building.
Built in 1900 and zoned RIP, Multi Family, the property is located at 2310 Whitaker Street in Savannah’s Starland District. Nearby destinations include Starland Yard, Two Tides Brewing Co., Graveface Records & Curiosities, restaurants, coffee shops, galleries, and other local businesses. The available photos depict the two vacant front units.
Built in 1900 and zoned RIP, Multi Family, the property is located at 2310 Whitaker Street in Savannah’s Starland District. Nearby destinations include Starland Yard, Two Tides Brewing Co., Graveface Records & Curiosities, restaurants, coffee shops, galleries, and other local businesses. The available photos depict the two vacant front units.
Key Highlights
- Four‑unit property with two vacant front units and two occupied rear units
- Unit mix includes 3BR/1BA, two 2BR/1BA units, and 1BR/1BA
- Lower units feature covered front porches; upper units have private balconies
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$36,135
Cap Rate
4.25%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$722,700
$722.7K
Cap Rate 7%
$516,214
$516.2K
Cap Rate 9%
$401,500
$401.5K
Market Conditions
NOI Build-Up for 3,408 SF
Gross rent
$55.2K $16.20/SF
− Vacancy
−$3.6K −$1.05/SF
EGI
$51.6K $15.15/SF
− OpEx
−$15.5K −$4.54/SF
NOI
$36.1K $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%
$722,700
Cap Rate 7%
$516,214
Cap Rate 9%
$401,500
Alternative Uses
Best Use
Multifamily LT 5
$516.2K
$451.7K – $602.3K
NOI $36,135 @ 7.0% cap · market cap 4.25%
Second Best
Apartment 5plus
$478.7K
$418.9K – $558.5K
NOI $33,510 @ 7.0% cap · market cap 3.94%
Theoretical Best
Office A
$920.2K
$805.1K – $1.07M
NOI $64,411 @ 7.0% cap · market cap 7.58%
Zoning and permitted uses should be independently verified with authorities.
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Lease Details
4
Residential units
Location Intelligence
Trade Area within ½ mile
1,490
Businesses Nearby
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Business Placement
Demographics for 31401, GA
22,927
Population
11,832
Households
1.9
Avg Household Size
28
Median Age
48%
College-Educated
91%
High-School Grad
3.4 sq mi
ZIP Area
6,743
Density / Sq Mi
$50,182
Median Household Income
$27,309
Median Earnings
$1,428
Median Rent
$477,600
Median Home Value
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Market
Average Price Trend$/SF for Quadplexes in Savannah, GA
Properties on Market for Quadplexes in Savannah
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Quadplex - Four-unit multifamily property with varied bedroom layouts, fenced areas, covered porches, and rear parking.
Where is this quadplex located?
The property is located at 2310 Whitaker Street Savannah, GA.
What is the asking price?
The asking price for this property is $850,000.
What are key features of this property?
This property features: Four‑unit property with two vacant front units and two occupied rear units; Unit mix includes 3BR/1BA, two 2BR/1BA units, and 1BR/1BA; Lower units feature covered front porches; upper units have private balconies
