Four-Unit Victorian Apartment
New
For Sale
$1,400,000
404 E Duffy Street, Savannah, GA 31401
Residential Income, Savannah, GA
Property Size5,688 SF
Lot Size0.15 Acres
Price / SF$246.13
Days on Market2
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Property Features for 404 E Duffy Street
General Information
Property type
Residential Multi Family
Property subtype
Quadruplex
Zoning
RM40
Zoning description
Multi Family
Bedrooms
11
Bathrooms
4
Full bathrooms
5
Rooms
Bedroom 8, Bedroom 1, Bedroom 7, Bedroom 9, Bathroom 1, Bathroom 3, Bedroom 2, Bathroom 5, Bathroom 4, Bedroom 5, Bedroom 4, Bedroom 10, Bedroom 11, Bedroom 6, Bedroom 3, Bathroom 2
Parking features
Parking Lot, On Street, Garage, Off Street
Patio and Porch features
Porch
Interior features
Ceiling Fan(s), Fireplace
Fireplace
1
Appliances
Some Electric Appliances, Dishwasher, Electric Water Heater, Oven, Range, Dryer, Refrigerator, Washer
Subdivision
Victorian District
Lot features
Alley, City Lot, Interior Lot
Directions
400 block of E. Duffy between Habersham and Price
Standard status
Active
APN
2005301016
Size
5,688 SF
Lot size
0.15 Acres
Taxes and HOA fees
Tax Description
LOTS L AND K WARING WD ON DUFFY ST
Legal Description
LOTS L AND K WARING WD ON DUFFY ST
Utilities
Utilities
Cable Available
Sewer type
Public Sewer
Heating system
Central, Electric (Heating)
Cooling system
Central Air, Electric
Water source
Public
Building Details
Year built
1900
Floors in Building
2
Number of units
5
Flooring type
Tile, Hardwood
Building materials
Frame, Wood Siding
Roof type
Asphalt
Architectural style
Victorian
Listing Agency:
Engel & Volkers
(912) 238-0874
Listed By:
Jessica L. Kelly · License #270287
(912) 441-9101
Added: Oct 14
Last Checked: Oct 15 at 4:06PM
MLS# SA366414
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.
Built in 1900, this Victorian-style apartment property contains 5,688 square feet across four units. The unit mix consists of three 3-bedroom, 1-bath apartments and one 2-bedroom, 1-bath apartment. The building has front and rear entrances, off-street parking, and separate utility metering. Exterior painting was completed in 2024.
Three apartments are leased, while one is vacant. The property occupies a 0.15-acre lot in Savannah, near Forsyth Park, SCAD, restaurants, and shopping. RM40 zoning is also reported for the site.
Three apartments are leased, while one is vacant. The property occupies a 0.15-acre lot in Savannah, near Forsyth Park, SCAD, restaurants, and shopping. RM40 zoning is also reported for the site.
Key Highlights
- 5,688‑square‑foot building constructed in 1900
- Three 3BD/1BA apartments and one 2BD/1BA apartment
- Three apartments leased; one unit vacant
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$60,309
Cap Rate
4.31%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,206,180
$1.2M
Cap Rate 7%
$861,557
$861.6K
Cap Rate 9%
$670,100
$670.1K
Market Conditions
NOI Build-Up for 5,688 SF
Gross rent
$92.1K $16.20/SF
− Vacancy
−$6.0K −$1.05/SF
EGI
$86.2K $15.15/SF
− OpEx
−$25.8K −$4.54/SF
NOI
$60.3K $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%
$1,206,180
Cap Rate 7%
$861,557
Cap Rate 9%
$670,100
Alternative Uses
Best Use
Multifamily LT 5
$861.6K
$753.9K – $1.01M
NOI $60,309 @ 7.0% cap · market cap 4.31%
Second Best
Apartment 5plus
$799.0K
$699.1K – $932.2K
NOI $55,929 @ 7.0% cap · market cap 3.99%
Theoretical Best
Warehouse
$5.32M
$4.65M – $6.20M
NOI $372,106 @ 7.0% cap · market cap 26.58%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Open Analytics
Current Use
Lease Details
4
Residential units
75%
Occupancy
Multi-tenant
Tenancy
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
1,760
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
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Quadplex - RM40-zoned residential property includes off-street parking and separately metered utilities.
Where is this quadplex located?
The property is located at 404 E Duffy Street Savannah, GA.
What is the asking price?
The asking price for this property is $1,400,000.
What are key features of this property?
This property features: 5,688‑square‑foot building constructed in 1900; Three 3BD/1BA apartments and one 2BD/1BA apartment; Three apartments leased; one unit vacant
