Brick Duplex with Private
For Sale
$1,025,000
309 E 34th Street, Savannah, GA 31401
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 Market180
Property Features for 309 E 34th Street
General Information
Standard status
Active
Size
2,952 SF
Property subtype
Multi-Family
Additional Details
Multifamily Units
2
Taxes and HOA fees
Annual Taxes
$3,758
Amenities
Hardwood,Tile
No
2
Yes
4
1 Common Wall
Scuttle
In Kitchen
Decorative
Ceiling Fan(s),Programmable Thermostat
Wood,Yard Fenced
Alarm-Smoke/Fire,Ceiling Fans,Dryer,Refrigerator,Washer
Alley,Back Yard,City Lot,Interior Lot,Level,Private,Sprinkler System
Public
0.14
5880
Detached,Garage,Garage Door Opener,Off Street,Rear/Side/Off Street
Asphalt
Courtyard,Deck,Landscape Lights
Brick/Mortar,Raised
Public Road
1
Public Maintained Road
Building Details
Building Size
2,952 SF
Year Built
1930
Buildings
1
Stories
2
Listing Agency:
Emerald Isle Realty
(912) 233-6000
Listed By:
Lisa Snipes · License #392533
(678) 895-7069
Source:
Baystreetrealtygroup
Added: Apr 23
Changed: Oct 16
Last Checked: Oct 16 at 7:34AM
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 Emerald Isle Realty
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
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.
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
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$31,300
Cap Rate
3.05%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$626,000
$626.0K
Cap Rate 7%
$447,143
$447.1K
Cap Rate 9%
$347,778
$347.8K
Market Conditions
NOI Build-Up for 2,952 SF
Gross rent
$47.8K $16.20/SF
− Vacancy
−$3.1K −$1.05/SF
EGI
$44.7K $15.15/SF
− OpEx
−$13.4K −$4.54/SF
NOI
$31.3K $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%
$626,000
Cap Rate 7%
$447,143
Cap Rate 9%
$347,778
Alternative Uses
Best Use
Multifamily LT 5
$447.1K
$391.3K – $521.7K
NOI $31,300 @ 7.0% cap · market cap 3.05%
Second Best
Apartment 5plus
$414.7K
$362.8K – $483.8K
NOI $29,027 @ 7.0% cap · market cap 2.83%
Theoretical Best
Warehouse
$2.76M
$2.41M – $3.22M
NOI $193,118 @ 7.0% cap · market cap 18.84%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Unlock full access to Insights
Subscribe to Realmo Intelligence
Open Analytics
Current Use
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
1,691
Businesses Nearby
Explore this area
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
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
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
