Recently Renovated Brick
4602 Sussex Place Savannah, GA 31405
New
For Sale
$699,000
MULTI_FAMILY - Other - Savannah, GA
Property Size2,104 SF
Lot Size0.21 Acres
Price / SF$332.22
Days on Market7
Property Features for 4602 Sussex Place
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Zoning
R6
Bedrooms
4
Bathrooms
2
Rooms
Bedroom 2, Bedroom 1, Bedroom 4, Bathroom 2, Bedroom 3, Bathroom 1
Parking features
Off Street
Interior features
Ceiling Fan(s), Pull Down Attic Stairs, Programmable Thermostat
Appliances
Some Electric Appliances, Dishwasher, Disposal, Gas Water Heater, Microwave, Oven, Range, Range Hood, Washer, Dryer, Refrigerator
Standard status
Active
APN
2010606001
Size
2,104 SF
Lot size
0.21 Acres
Taxes and HOA fees
Tax Year
2025
Tax Description
LOT 31 LAMARA HEIGHTS SUB WISE W ARD
Tax Annual Amount
5142
Utilities
Utilities
Cable Available
Sewer type
Public Sewer
Heating system
Central, Electric (Heating)
Cooling system
Electric, Central Air
Water source
Public
Building Details
Year built
1950
Floors in Building
1
Number of units
2
Flooring type
Hardwood, Tile - Ceramic
Building materials
Brick
Roof type
Asphalt
Architectural style
Other
Listing Agency:
Realty One Group Inclusion
(912) 298-7200
Listed By:
Monica Beadleston · License #366695
(305) 562-1914
Added: Jul 22
Changed: Jul 27
Last Checked: Jul 28 at 2:06AM
MLS# SA355335
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.
A turnkey, recently renovated brick duplex built circa 1950, situated on a 0.21-acre corner lot. The property is described as income-producing and includes a long rental history under established management.
Located in the heart of Habersham Village, in a well-established mid-century residential area. The remarks describe the area as low-traffic and walkable, with easy access to grocery stores, restaurants, cafes, pharmacy, and gas station, along with other boutique shops. The property is also positioned in the greater Midtown Medical Arts area, with proximity to Memorial Health University Medical Center and an elementary/middle school currently undergoing a $41 million renovation.
The listing is presented as a consistently rented, high-occupancy property for sale in Savannah, Georgia (31405).
Located in the heart of Habersham Village, in a well-established mid-century residential area. The remarks describe the area as low-traffic and walkable, with easy access to grocery stores, restaurants, cafes, pharmacy, and gas station, along with other boutique shops. The property is also positioned in the greater Midtown Medical Arts area, with proximity to Memorial Health University Medical Center and an elementary/middle school currently undergoing a $41 million renovation.
The listing is presented as a consistently rented, high-occupancy property for sale in Savannah, Georgia (31405).
Key Highlights
- Income‑producing Class A brick duplex built in 1950 on a 0.21‑acre corner lot
- Central HVAC with central air and electric heating
- Inside features include ceiling fans, programmable thermostat, and pull‑down attic stairs
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 | $34.1k | $16.20 |
| − Vacancy | −$2.2k | −$1.05 |
| EGI | $31.9k | $15.15 |
| − OpEx | −$9.6k | −$4.54 |
| NOI | $22.3k | $10.60 |
2,104 SF · lease $16.20/SF/yr · vacancy 6.50% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$318.7K
$278.9K – $371.8K
NOI $22,309 @ 7.0% cap · market cap 3.19%
Second Best
Apartment 5plus
$295.5K
$258.6K – $344.8K
NOI $20,688 @ 7.0% cap · market cap 2.96%
Theoretical Best
Warehouse
$1.97M
$1.72M – $2.29M
NOI $137,643 @ 7.0% cap · market cap 19.69%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use
Frequently Asked Questions
What type of property is this?
Duplex - Recently renovated brick duplex on a corner lot in Savannah’s Habersham Village.
Where is this duplex located?
The property is located at 4602 Sussex Place Savannah, GA.
What is the asking price?
The asking price for this property is $699,000.
What are key features of this property?
This property features: Income‑producing Class A brick duplex built in 1950 on a 0.21‑acre corner lot; Central HVAC with central air and electric heating; Inside features include ceiling fans, programmable thermostat, and pull‑down attic stairs
