4-Unit Historic
New
For Sale
$1,400,000
404 E Duffy Street, Savannah, GA 31401
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
Bedrooms
11
Bathrooms
4
Full bathrooms
4
Rooms
Bedroom 7, Bedroom 2, Bedroom 3, Bedroom 1, Bedroom 9, Bedroom 6, Bedroom 11, Bedroom 10, Bedroom 8, Bedroom 4, Bedroom 5
Subdivision
Victorian District
Standard status
Active
Size
5,688 SF
Lot size
0.15 Acres
Building Details
Year built
1900
Listing Agency:
Engel & Volkers Savannah · Engel & Völkers
(912) 238-0874
Listed By:
Jessica L. Kelly · License #270287
(912) 441-9101
Added: Oct 14
Changed: Oct 15
Last Checked: Oct 15 at 4:06PM
MLS# SA366414
Copyright © 2026 Engel & Völkers. 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.
This Savannah quadplex dates to circa 1900 and contains 5,688 square feet across four apartments. Three units have three bedrooms and one bathroom each; the fourth has two bedrooms and one bathroom. The property occupies a .15-acre lot and includes front and rear entrances, off-street parking, and separate utility meters. Exterior painting was completed in 2024.
Three apartments are leased, while one is vacant. The property is near Forsyth Park, SCAD, restaurants, and shopping in Savannah’s Victorian District. Its unit mix and current leasing status offer a clear picture of the existing residential configuration.
Three apartments are leased, while one is vacant. The property is near Forsyth Park, SCAD, restaurants, and shopping in Savannah’s Victorian District. Its unit mix and current leasing status offer a clear picture of the existing residential configuration.
Key Highlights
- Four apartments: three 3BD/1BA units and one 2BD/1BA unit
- 5,688 square feet in a circa‑1900 building
- .15‑acre lot with off‑street parking
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.
How Realmo checks its estimates
Property Analytics
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Current Use
Lease Details
4
Residential units
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 - A circa-1900 rental property combines varied apartment layouts with 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: Four apartments: three 3BD/1BA units and one 2BD/1BA unit; 5,688 square feet in a circa‑1900 building; .15‑acre lot with off‑street parking
