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Brick Duplex with Alley Parking
For Sale
$638,000

505 E 48th Street, Savannah, GA 31405

Two separate residences combine traditional room layouts with dedicated sunroom or office space.

Property SizeContact for details
Days on Market274

Property Features for 505 E 48th Street

General Information

Standard status Active
Property subtype Duplex

Units

Unit Mix 2 x 2BR/1BA
Multifamily Units 2

Amenities

utility building
Fireplace
Electric
Central Air
Central
Some Electric Appliances
Dishwasher
Electric Water Heater
Disposal
Gas Water Heater
Microwave
Oven
Plumbed For Ice Maker
Range
Range Hood
Tankless Water Heater
Dryer
Refrigerator
Washer
Cable Available

Building Details

Year Built 1938
Buildings 1
Stories 2
Construction brick
Listed By: Jimmy Grayson · License #364277
Source: Kw
Added: Jan 14 Changed: Oct 13 Last Checked: Oct 14 at 8:19PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Jimmy Grayson

Investment Insights

Based on property information with market context.

Built in 1938, this brick duplex offers an upper residence and a lower residence, each with 2 bedrooms, 1 bathroom, and 1,425 square feet. Both layouts include a living room, dining area, sunroom or office, butler’s pantry, kitchen, and laundry room. Hardwood flooring remains in the bedrooms and living areas, while tile finishes the kitchens and bathrooms. A brick utility building provides additional storage.

Off-street parking is accessed from the alley behind the property. The duplex is near Historic Downtown Savannah, Daffin Park and Grayson Stadium, the Starland District, hospitals, restaurants, and shopping.

Key Highlights

  • Two residences, each with 2 bedrooms, 1 bathroom, and 1,425 square feet
  • 1938 brick duplex with upper and lower units
  • Both homes have a living room, dining area, sunroom or office, butler’s pantry, kitchen, and laundry room

Property Analytics

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Current Use

Duplexes

Suggested Use

Top Pick Electrical Service Pharmacy Carpet & Flooring Store Veterinary Clinic Accounting Firm Computer & Electronic Repair

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

831
Businesses Nearby

Demographics for 31405, GA

38,069
Population
16,809
Households
2.3
Avg Household Size
36
Median Age
35%
College-Educated
90%
High-School Grad
31.2 sq mi
ZIP Area
1,220
Density / Sq Mi
$62,123
Median Household Income
$35,836
Median Earnings
$1,431
Median Rent
$304,800
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Duplex - Two separate residences combine traditional room layouts with dedicated sunroom or office space.
Where is this duplex located?
The property is located at 505 E 48th Street Savannah, GA.
What is the asking price?
The asking price for this property is $638,000.
What are key features of this property?
This property features: Two residences, each with 2 bedrooms, 1 bathroom, and 1,425 square feet; 1938 brick duplex with upper and lower units; Both homes have a living room, dining area, sunroom or office, butler’s pantry, kitchen, and laundry room
More about this property
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