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Two-Story Duplex with Balcony
For Sale
$749,900

512 E Duffy Street, Savannah, GA 31401

Residential Income, Savannah, GA

Property Size3,116 SF
Lot Size0.07 Acres
Price / SF$240.66
Days on Market213

Property Features for 512 E Duffy Street

General Information

Property type Residential Multi Family
Property subtype Duplex
Zoning 1-R
Bedrooms 6
Bathrooms 4
Full bathrooms 4
Rooms Bedroom 6, Bathroom 1, Bedroom 3, Bedroom 1, Bedroom 5, Bedroom 4, Bathroom 2, Bathroom 3, Bathroom 4, Bedroom 2
Patio and Porch features Porch
Exterior features Balcony, Courtyard
Fencing Fenced
Appliances Electric Water Heater, Oven, Range, Refrigerator
Directions Take East Broad Street North, make a left onto E. Duffy Street. Property will be 1 1/2 blocks down on your right-hand side.
Standard status Active
APN 2004317033
Size 3,116 SF
Lot size 0.07 Acres

Taxes and HOA fees

Tax Year 2025
Tax Description LOT Q SEC 6 WARING WARD
Tax Annual Amount 6077
Legal Description LOT Q SEC 6 WARING WARD

Utilities

Sewer type Public Sewer
Heating system Electric (Heating), Central
Cooling system Central Air, Electric
Water source Public

Building Details

Year built 1900
Floors in Building 2
Building materials Masonite
Listing Agency: Better Homes and Gardens Real
Listed By: Nicole S. Staley · License #356969
Added: Mar 31 Changed: Oct 22 Last Checked: Oct 29 at 11:06AM
MLS# SA352414

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.

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Investment Insights

Based on property information with market context.

This 3,116-square-foot duplex was built in 1900 and contains two 3-bedroom, 2-bath units. The two-story property includes a covered front porch, upper balcony, courtyard, fenced exterior, and Masonite siding that was recently replaced. Each residence is served by central electric heating and cooling, with electric water heaters and kitchens equipped with an oven, range, and refrigerator.

The property is located at 512 E Duffy Street in Savannah, within the 31401 postal area. Dining, boutique shopping, and parks are identified nearby. Public water and public sewer serve the property, which occupies 0.072 acres and carries 1-R zoning.

HVAC systems are professionally serviced twice a year, and a termite/repair bond is in place. The duplex configuration provides two separate residential units within one building.

Key Highlights

  • Two 3‑bedroom, 2‑bath units in a 3,116‑square‑foot duplex
  • Built in 1900 on 0.072 acres with 1‑R zoning
  • Covered front porch, upper balcony, courtyard, and fenced exterior

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$33,039
Cap Rate
4.41%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$660,780 $660.8K
Cap Rate 7%
$471,986 $472.0K
Cap Rate 9%
$367,100 $367.1K
Market Conditions
NOI Build-Up for 3,116 SF
Gross rent
$50.5K $16.20/SF
− Vacancy
−$3.3K −$1.05/SF
EGI
$47.2K $15.15/SF
− OpEx
−$14.2K −$4.54/SF
NOI
$33.0K $10.60/SF
Area
Savannah, 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%
$660,780
Cap Rate 7%
$471,986
Cap Rate 9%
$367,100

Alternative Uses

Best Use
Multifamily LT 5
$472.0K
$413.0K – $550.7K (±1% cap)
NOI $33,039 @ 7.0% cap · market cap 4.41%
Second Best
Apartment 5plus
$437.7K
$383.0K – $510.7K (±1% cap)
NOI $30,639 @ 7.0% cap · market cap 4.09%
Theoretical Best
Warehouse
$2.91M
$2.55M – $3.40M (±1% cap)
NOI $203,847 @ 7.0% cap · market cap 27.18%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

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Lease Details

2
Residential units

Location Intelligence

Trade Area within ½ mile

1,686
Businesses Nearby

Demographics for 31401, GA

22,927
Population
11,832
Households
1.9
Avg Household Size
28
Median Age
48%
College-Educated
91%
High-School Grad
3.4 sq mi
ZIP Area
6,743
Density / Sq Mi
$50,182
Median Household Income
$27,309
Median Earnings
$1,428
Median Rent
$477,600
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025

Frequently Asked Questions

What type of property is this?
Duplex - Two-unit residential property with covered porch, upper balcony, courtyard, and 1-R zoning in Savannah.
Where is this duplex located?
The property is located at 512 E Duffy Street Savannah, GA.
What is the asking price?
The asking price for this property is $749,900.
What are key features of this property?
This property features: Two 3‑bedroom, 2‑bath units in a 3,116‑square‑foot duplex; Built in 1900 on 0.072 acres with 1‑R zoning; Covered front porch, upper balcony, courtyard, and fenced exterior
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