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Duplex with Detached One-Bedroom ADU
For Sale
$499,900

309 Eugene Street, Savannah, GA 31406

MULTI_FAMILY - Savannah, GA

Property Size2,005 SF
Lot Size0.17 Acres
Price / SF$249.33
Days on Market9

Property Features for 309 Eugene Street

General Information

Property type Residential Multi Family
Property subtype Other
Property condition Under Construction
Bedrooms 4
Bathrooms 4
Full bathrooms 4
Half bathrooms 1
Rooms Bathroom 1, Bedroom 1, Bedroom 4, Bathroom 4, Bedroom 3, Bathroom 2, Bedroom 2, Bathroom 3
Parking features Off Street
Interior features Pull Down Attic Stairs
Appliances Dishwasher, Electric Water Heater, Disposal, Microwave, Oven, Range, Refrigerator
Subdivision Camellia Trail
Directions From E Montgomery Xrds, turn left onto Aegean Ave. Turn left onto Dennis St. Property is on the right.
Standard status Active
APN 20531 03003
Size 2,005 SF
Lot size 0.17 Acres

Taxes and HOA fees

Tax Description GREENWAY PARK EAST CHIPPE WA TRACT
Legal Description GREENWAY PARK EAST CHIPPE WA TRACT

Utilities

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

Amenities

covered front porch
granite countertops
stainless steel appliances
large kitchen island
luxury vinyl plank flooring
tiled walk-in shower
walk-in closet
private entrance

Building Details

Year built 2026
Floors in Building 2
Number of units 2
Building materials Vinyl Siding, Wood Siding
Roof type Composition
Listing Agency: Keller Williams Coastal Area P · Keller Williams Realty
Listed By: Kristin Brown · License #301485
Added: Jul 28 Last Checked: Aug 5 at 10:06PM
MLS# SA361412

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.

Under construction duplex on a 0.17-acre lot in Savannah, designed with a detached 1-bedroom ADU plus a main home. The main home features an open-concept layout with durable luxury vinyl plank flooring, granite countertops, a large kitchen island, and stainless steel appliances. A covered front porch with classic Lowcountry detailing includes exposed rafters and a tongue-and-groove ceiling.

The main-level primary suite includes a walk-in closet and a tiled walk-in shower. Two additional upstairs bedrooms provide extra flexibility for guests, family, or other uses. The detached 443 SF ADU has its own private entrance and includes a full kitchen, living area, bedroom, full bath, walk-in closet, and laundry space.

Home utilities include public water and public sewer. Heating is central electric, and cooling is central air with electric. Construction materials include vinyl siding and wood siding, and the roof is composition. Off-street parking is available, and interior features include pull-down attic stairs. Estimated year built is 2026.

Key Highlights

  • 0.17‑acre lot in Savannah, GA
  • Total size of 2,005 SF with under‑construction build status
  • Detached 443 SF 1‑bedroom ADU with private entrance, full kitchen, full bath, and laundry space

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 $32.5k $16.20
− Vacancy −$2.1k −$1.05
EGI $30.4k $15.15
− OpEx −$9.1k −$4.54
NOI $21.3k $10.60
2,005 SF · lease $16.20/SF/yr · vacancy 6.50% · expense 30.00%

Alternative Uses

Best Use
Multifamily LT 5
$303.7K
$265.7K – $354.3K (±1% cap)
NOI $21,259 @ 7.0% cap · market cap 4.25%
Second Best
Apartment 5plus
$281.6K
$246.4K – $328.6K (±1% cap)
NOI $19,715 @ 7.0% cap · market cap 3.94%
Theoretical Best
Warehouse
$1.87M
$1.64M – $2.19M (±1% cap)
NOI $131,166 @ 7.0% cap · market cap 26.24%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Parking Lot & Garage Plumbing Service Pet Grooming Service Butcher Locksmith Restaurant

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

2,108
Businesses Nearby

Demographics for 31406, GA

34,579
Population
15,424
Households
2.2
Avg Household Size
39
Median Age
37%
College-Educated
93%
High-School Grad
26.2 sq mi
ZIP Area
1,320
Density / Sq Mi
$66,084
Median Household Income
$41,512
Median Earnings
$1,340
Median Rent
$260,800
Median Home Value

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Duplex - Under construction duplex with a detached one-bedroom ADU featuring a private entrance, full bath, and off-street parking.
Where is this duplex located?
The property is located at 309 Eugene Street Savannah, GA.
What is the asking price?
The asking price for this property is $499,900.
What are key features of this property?
This property features: 0.17‑acre lot in Savannah, GA; Total size of 2,005 SF with under‑construction build status; Detached 443 SF 1‑bedroom ADU with private entrance, full kitchen, full bath, and laundry space
More about this property
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