Maintained Duplex with Off-Street
44 E 55th Street Savannah, GA 31405
New
44 E 55th Street, Savannah, GA, 31405
$759,900
For Sale
$759,900
Colonial, Other - Savannah, GA
Property Size3,250 SF
Lot Size0.15 Acres
Price / SF$233.82
Days on Market2
Property Features for 44 E 55th Street
General Information
- Property type
- Other
- Property subtype
- Duplex
- Zoning
- Multi Family
- Bedrooms
- 6
- Bathrooms
- 3
- Rooms
- Bathroom 1, Bathroom 2, Bathroom 3, Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4, Bedroom 5
- Parking features
- Off Street
- Exterior features
- Balcony
- Appliances
- Dishwasher, Dryer, Garbage Disposer, Microwave, Washer
- Standard status
- Active
- APN
- 2009412018
- Size
- 3,250 SF
- Lot size
- 0.15 Acres
Utilities
- Heating system
- Central, Natural Gas
- Cooling system
- Central Air, Electric
Building Details
- Year built
- 1921
- Flooring type
- Hardwood
- Architectural style
- Colonial
Listing Agency
Engel & Völkers Savannah
(912) 238-0874
1650 East Victory Drive, Savannah, GA
Listed by
Robert Evangelista
Added: Jul 17 Checked: Jul 18 at 6:06 am
MLS# SA358850
Listing URL
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 well-maintained duplex contains two spacious 3-bedroom residences. Each unit features hardwood floors and an inviting front porch. Off-street parking is available in the rear.
The property has undergone updates in recent years, including a new roof, a new HVAC system for Unit 46, screened porch addition for Unit 44, new rear stairs, renovated concrete front steps, fresh interior paint throughout both units, and a bathroom remodel in Unit 44. Improvements within the last year include a new washer and dryer in Unit 44, a new refrigerator and dishwasher in Unit 46, and replacement of all floor vents plus re-grouted kitchen tile in Unit 46.
Both units are currently tenant-occupied and leased. Furniture upstairs is negotiable.
The property has undergone updates in recent years, including a new roof, a new HVAC system for Unit 46, screened porch addition for Unit 44, new rear stairs, renovated concrete front steps, fresh interior paint throughout both units, and a bathroom remodel in Unit 44. Improvements within the last year include a new washer and dryer in Unit 44, a new refrigerator and dishwasher in Unit 46, and replacement of all floor vents plus re-grouted kitchen tile in Unit 46.
Both units are currently tenant-occupied and leased. Furniture upstairs is negotiable.
Key Highlights
- Duplex built in 1921 with two 3‑bedroom residences
- Hardwood floors throughout both units
- Tenant‑occupied; both units leased for $2,400 per month
Local 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 | $52.7k | $16.20 |
| − Vacancy | −$3.4k | −$1.05 |
| EGI | $49.2k | $15.15 |
| − OpEx | −$14.8k | −$4.54 |
| NOI | $34.5k | $10.60 |
3,250 SF · lease $16.20/SF/yr · vacancy 6.50% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$492.3K
$430.7K – $574.3K
NOI $34,459 @ 7.0% cap · market cap 4.53%
Second Best
Apartment 5plus
$456.5K
$399.5K – $532.6K
NOI $31,957 @ 7.0% cap · market cap 4.21%
Theoretical Best
Warehouse
$3.04M
$2.66M – $3.54M
NOI $212,613 @ 7.0% cap · market cap 27.98%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Duplexes
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FAQs
What type of property is this?
Duplex - Duplex with two tenant-occupied 3-bedroom units, hardwood floors, front porches, and rear off-street parking.
Where is this duplex located?
The property is located at 44 E 55th Street Savannah, GA.
What is the asking price?
The asking price for this property is $759,900.
What are key features of this property?
This property features: Duplex built in 1921 with two 3‑bedroom residences; Hardwood floors throughout both units; Tenant‑occupied; both units leased for $2,400 per month
