Brick Duplex with Detached
For Sale
$360,000
416 Turnberry Street, Port Wentworth, GA 31407
Residential Income, Port Wentworth, GA
Property Size2,160 SF
Lot Size0.20 Acres
Price / SF$166.67
Days on Market48
Property Features for 416 Turnberry Street
General Information
Property type
Residential Multi Family
Property subtype
Other
Zoning
R1
Bedrooms
5
Bathrooms
4
Full bathrooms
4
Half bathrooms
1
Rooms
Bedroom 2, Bathroom 3, Bedroom 1, Bedroom 3, Bathroom 4, Bathroom 2, Bathroom 1, Bedroom 5, Bedroom 4
Parking features
Off Street
Patio and Porch features
Porch
Interior features
Ceiling Fan(s), Pull Down Attic Stairs
Exterior features
Balcony
Appliances
Dishwasher, Gas Water Heater, Oven, Range, Refrigerator
Subdivision
C Crossgate Sub
Directions
Hwy 21 N. to Crossgate Rd. right on Crossgate Rd. Right on Hwy 25 then turn right on Coleraine Dr. Then right onto Turnberry St, home will be the second on your right.
Standard status
Active
APN
7001401019
Size
2,160 SF
Lot size
0.20 Acres
Taxes and HOA fees
Tax Year
2025
Tax Description
LOT 19 BLK 17C CROSSGATE SUB
Tax Annual Amount
4210
Legal Description
LOT 19 BLK 17C CROSSGATE SUB
Utilities
Sewer type
Public Sewer
Heating system
Central, Natural Gas, Wall Furnace
Cooling system
Wall Unit(s), Gas (Cooling), Central Air
Water source
Public
Building Details
Year built
1944
Floors in Building
2
Number of units
2
Flooring type
Vinyl
Building materials
Brick
Roof type
Asphalt
Architectural style
Other
Listing Agency:
Keller Williams Coastal Area P · Keller Williams Realty
(912) 356-5001
Listed By:
Charity A. Daniels · License #359177
(912) 507-8062
Added: Aug 4
Changed: Sep 12
Last Checked: Sep 20 at 12:06AM
MLS# SA361936
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.
This renovated all-brick duplex-style property pairs a 2,160-square-foot primary residence with a detached accessory dwelling unit. The main home includes four bedrooms, two-and-a-half bathrooms, updated finishes, new appliances, and a split floor plan. A primary suite opens to a screened balcony, while vinyl flooring, ceiling fans, and pull-down attic stairs add practical interior features.
The detached ADU provides a bedroom, full bathroom, kitchen, and energy-efficient mini-split system in a separate living area. The property also includes off-street parking, a porch, public water, and public sewer on a 0.199-acre lot. Located in Port Wentworth, the property offers access to Savannah, shopping, dining, Gulfstream, and the Georgia Ports Authority. Zoning is R1, and the home was built in 1944.
The detached ADU provides a bedroom, full bathroom, kitchen, and energy-efficient mini-split system in a separate living area. The property also includes off-street parking, a porch, public water, and public sewer on a 0.199-acre lot. Located in Port Wentworth, the property offers access to Savannah, shopping, dining, Gulfstream, and the Georgia Ports Authority. Zoning is R1, and the home was built in 1944.
Key Highlights
- 2,160‑square‑foot renovated primary residence with four bedrooms and two‑and‑a‑half bathrooms
- Detached ADU includes a bedroom, full bathroom, kitchen, and mini‑split system
- All‑brick construction with screened balcony and porch
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$22,902
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
6.36%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
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
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.
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 rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
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
NOI $22,902 @ 7.0% cap · market cap 6.36%
Second Best
Apartment 5plus
$303.4K
$265.5K – $354.0K
NOI $21,239 @ 7.0% cap · market cap 5.90%
Theoretical Best
Warehouse
$2.02M
$1.77M – $2.36M
NOI $141,306 @ 7.0% cap · market cap 39.25%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
135
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
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Market
Vacancy Rate% for Multifamily in South region
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Frequently Asked Questions
What type of property is this?
Duplex - Renovated brick property combines a primary residence with a separate dwelling featuring its own kitchen and full bathroom.
Where is this duplex located?
The property is located at 416 Turnberry Street 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: 2,160‑square‑foot renovated primary residence with four bedrooms and two‑and‑a‑half bathrooms; Detached ADU includes a bedroom, full bathroom, kitchen, and mini‑split system; All‑brick construction with screened balcony and porch
