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Brick Duplex with Private Porches

309 E 34th Street Savannah, GA 31401

309 E 34th Street, Savannah, GA, 31401
$1,025,000
For Sale
$1,025,000

Two-unit brick duplex offering two bedrooms and laundry in each unit, plus a secure garage and private back porches.

Property Size2,952 SF
Price / SF$347.22
Days on Market88

Property Features for 309 E 34th Street

General Information

Standard status
Active
Size
2,952 SF
Property subtype
Multi-Family

Building Details

Year Built
1930
Listing Agency Better Homes and Gardens Real
Listed by Lisa Snipes · License #392533
Source Baystreetrealtygroup
Added: Apr 23 Checked: Jul 18 at 3:07 am

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 Better Homes and Gardens Real


Investment Insights

Based on property information with market context.

Located at 309 E 34th Street, this brick duplex features two separate units, each offering two bedrooms and 1 1/2 bathrooms. Floor plans include a sunroom/office, large living and dining rooms, and spacious kitchens with laundry. Interior details noted in the public remarks include soaring ceilings and hardwood floors.

The property also includes a secure garage and private back porches. Public remarks describe the duplex as walkable to the Savannah College of Art and Design and positioned near a business and tourist district.

Key Highlights

  • Two‑unit brick duplex built in 1930 with 2 stories and 1 common wall
  • Each unit features 2 bedrooms and 1.5 bathrooms, plus a sunroom/office and large living and dining areas
  • Hardwood and tile flooring throughout, with a decorative fireplace and ceiling fans

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 $47.8k $16.20
− Vacancy −$3.1k −$1.05
EGI $44.7k $15.15
− OpEx −$13.4k −$4.54
NOI $31.3k $10.60
2,952 SF · lease $16.20/SF/yr · vacancy 6.50% · expense 30.00%

Alternative Uses

Best Use
Multifamily LT 5
$447.1K
$391.3K – $521.7K (±1% cap)
NOI $31,300 @ 7.0% cap · market cap 3.05%
Second Best
Apartment 5plus
$414.7K
$362.8K – $483.8K (±1% cap)
NOI $29,027 @ 7.0% cap · market cap 2.83%
Theoretical Best
Warehouse
$2.76M
$2.41M – $3.22M (±1% cap)
NOI $193,118 @ 7.0% cap · market cap 18.84%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Location Intelligence

Current Use by Public Records

Duplexes

Suggested Use

Electrical Service Plumbing Service Kitchen & Bath Showroom HVAC Service Computer & Electronic Repair Carpet & Flooring Store Butcher (Bike/Boat/Book/etc) Store Locksmith Home Appliance Store

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

FAQs

What type of property is this?
Duplex - Two-unit brick duplex offering two bedrooms and laundry in each unit, plus a secure garage and private back porches.
Where is this duplex located?
The property is located at 309 E 34th Street Savannah, GA.
What is the asking price?
The asking price for this property is $1,025,000.
What are key features of this property?
This property features: Two‑unit brick duplex built in 1930 with 2 stories and 1 common wall; Each unit features 2 bedrooms and 1.5 bathrooms, plus a sunroom/office and large living and dining areas; Hardwood and tile flooring throughout, with a decorative fireplace and ceiling fans
Contact an agent
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