Duplex with Upper-Level
515 E Duffy Street, Savannah, GA 31401
For Sale
$680,000
Each residence includes a kitchen and its own washer and dryer, with one unit also offering a flexible office area.
Property Size2,652 SF
Price / SF$256.41
Days on Market13
Property Features for 515 E Duffy Street
General Information
Standard status
Size
Total Parking Spaces
Property subtype
Zoning
Site & Location
Neighborhood
Units
Unit Mix
Multifamily Units
Additional Details
Tenant in Place
Amenities
private fenced backyard
large balcony
fully equipped kitchens with granite countertops
washer and dryer
hardwood floors
decorative fireplaces
pocket doors
Crawl Space
Ceramic Tile,Wood
No
Yes
2
Pull-Down Stairs
5
In Hall,Washer Hookup,Dryer Hookup
Assessor
Decorative
Ceiling Fan(s),Pull Down Attic Stairs,Fireplace,Programmable Thermostat
Wood,Privacy,Yard Fenced
Ceiling Fans,Dryer,Refrigerator,Washer
City Lot,Garden
Public
0.11
Off Street,On Street
Asphalt
Balcony
Brick/Mortar
Public Road
Public Maintained Road
Building Details
Building Size
Year Built
Buildings
Stories
Listing Agency:
Engel & Volkers
Listed By:
Anna Grace Lowenthal · License #425445
(770) 695-4886
Source:
Hurtrealtyllc
Added: Oct 26
Changed: Nov 6
Last Checked: Nov 6 at 8:15AM
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 Engel & Volkers
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Investment Insights
Based on property information with market context.
This 2,652-square-foot duplex, built in 1900, is arranged as two residences. The lower unit has 3 bedrooms and 1 bathroom; the upper unit has 2 bedrooms, 1 bathroom, and a flex space beside the living area. Both units include kitchens, washers and dryers, hardwood flooring, decorative fireplaces, and pocket doors. The upper residence also has a balcony.
The property is at 515 E Duffy Street in Savannah’s Victorian District, near Dixon Park and Forsyth Park. A fenced backyard and 2 off-street parking spaces are part of the property. Zoning is 1-R.
The property is at 515 E Duffy Street in Savannah’s Victorian District, near Dixon Park and Forsyth Park. A fenced backyard and 2 off-street parking spaces are part of the property. Zoning is 1-R.
Key Highlights
- Two‑unit property with 2,652 square feet
- Lower residence: 3 bedrooms and 1 bathroom; upper residence: 2 bedrooms, 1 bathroom, and a flex space
- Both units have kitchens, washers and dryers, hardwood floors, decorative fireplaces, and pocket doors
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$28,119
Cap Rate
4.14%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$562,380
$562.4K
Cap Rate 7%
$401,700
$401.7K
Cap Rate 9%
$312,433
$312.4K
Market Conditions
NOI Build-Up for 2,652 SF
Gross rent
$43.0K $16.20/SF
− Vacancy
−$2.8K −$1.05/SF
EGI
$40.2K $15.15/SF
− OpEx
−$12.1K −$4.54/SF
NOI
$28.1K $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%
$562,380
Cap Rate 7%
$401,700
Cap Rate 9%
$312,433
Alternative Uses
Best Use
Multifamily LT 5
$401.7K
$351.5K – $468.7K
NOI $28,119 @ 7.0% cap · market cap 4.14%
Second Best
Apartment 5plus
$372.5K
$326.0K – $434.6K
NOI $26,077 @ 7.0% cap · market cap 3.83%
Theoretical Best
Warehouse
$2.48M
$2.17M – $2.89M
NOI $173,493 @ 7.0% cap · market cap 25.51%
Zoning and permitted uses should be independently verified with authorities.
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Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
1,686
Businesses Nearby
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Business Placement
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
$477,600
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Average Price Trend$/SF for Duplexes in Savannah, GA
Properties on Market for Duplexes in Savannah
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Duplex - Each residence includes a kitchen and its own washer and dryer, with one unit also offering a flexible office area.
Where is this duplex located?
The property is located at 515 E Duffy Street Savannah, GA.
What is the asking price?
The asking price for this property is $680,000.
What are key features of this property?
This property features: Two‑unit property with 2,652 square feet; Lower residence: 3 bedrooms and 1 bathroom; upper residence: 2 bedrooms, 1 bathroom, and a flex space; Both units have kitchens, washers and dryers, hardwood floors, decorative fireplaces, and pocket doors
