Building Details

Year Built 1944

Buildings 2

Construction brick

Listing Agency: Keller Williams Coastal Area P

Listed By: Charity A. Daniels · License #359177 Show Phone

Source: Bradberrygarnerrealestate

Added: Aug 26 Changed: Oct 10 Last Checked: Oct 15 at 3:03AM

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Investment Insights

Based on property information with market context.

This brick duplex property at 416 Turnberry St includes a renovated main residence with 4 bedrooms, 2.5 bathrooms, and 2,160 square feet of living area. The home has new appliances, updated finishes, a split floor plan, and a primary suite that opens to a private screened balcony. Built in 1944, the property combines durable brick construction with refreshed interior spaces.

A detached accessory dwelling unit adds a bedroom, full bathroom, kitchen, and energy-efficient mini-split system. The separate unit can serve as guest accommodation, office space, studio space, or a rental area, subject to applicable permissions. Port Wentworth provides access to Savannah, shopping, dining, Gulfstream, and the Georgia Ports Authority.

Key Highlights

• Renovated 4‑bedroom, 2.5‑bathroom main residence with 2,160 square feet
• Detached ADU includes a bedroom, full bathroom, kitchen, and mini‑split system
• Private screened balcony opens from the primary suite

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr

$22,902

Cap Rate

6.36%

Suggested Prices Based on Cap Rates

Cap Rate 5%

$458,040 $458.0K

Cap Rate 7%

$327,171 $327.2K

Cap Rate 9%

$254,467 $254.5K

Market Conditions

NOI Build-Up for 2,160 SF

Gross rent

$35.0K $16.20/SF

− Vacancy

−$2.3K −$1.05/SF

EGI

$32.7K $15.15/SF

− OpEx

−$9.8K −$4.54/SF

NOI

$22.9K $10.60/SF

Area

Chatham County, 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%

$458,040

Cap Rate 7%

$327,171

Cap Rate 9%

$254,467

Alternative Uses

Best Use

Multifamily LT 5

$327.2K

$286.3K – $381.7K (±1% cap)

NOI $22,902 @ 7.0% cap · market cap 6.36%

Second Best

Apartment 5plus

$303.4K

$265.5K – $354.0K (±1% cap)

NOI $21,239 @ 7.0% cap · market cap 5.90%

Theoretical Best

Warehouse

$2.02M

$1.77M – $2.36M (±1% cap)

NOI $141,306 @ 7.0% cap · market cap 39.25%

Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

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Current Use

Duplexes

Suggested Use

Top Pick HVAC Service Electrical Service Furniture & Home Goods Barber Shop Skin Care Clinic Veterinary Clinic

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

Lease Details

2

Residential units

Location Intelligence

Trade Area within ½ mile

144

Businesses Nearby

Explore this area Business Placement

Demographics for 31407, GA

20,990

Population

9,613

Households

2.2

Avg Household Size

32

Median Age

37%

College-Educated

92%

High-School Grad

33.9 sq mi

ZIP Area

619

Density / Sq Mi

$83,954

Median Household Income

$42,367

Median Earnings

$1,726

Median Rent

$223,100

Median Home Value

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022

10.2% 2023

11.4% 2024

11.3% 2025

Questions? Ask Rey

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What type of property is this? Where is this duplexes located? What is the asking price? Find similar properties What are key features of this property?

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Frequently Asked Questions

What type of property is this?

Duplex - Updated residential property with a separate living unit, screened balcony, and flexible space for guests, work, or rental use.

Where is this duplex located?

The property is located at 416 Turnberry St Port Wentworth, GA.

What is the asking price?

The asking price for this property is $360,000.

What are key features of this property?

This property features: Renovated 4‑bedroom, 2.5‑bathroom main residence with 2,160 square feet; Detached ADU includes a bedroom, full bathroom, kitchen, and mini‑split system; Private screened balcony opens from the primary suite