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Upstairs/Downstairs Duplex Property

515 E Duffy Street Savannah, GA 31401

New
515 E Duffy Street, Savannah, GA, 31401
$680,000
For Sale
$680,000

Victorian, Other - Savannah, GA

Property Size2,652 SF
Lot Size0.11 Acres
Price / SF$256.41
Days on Market2

Property Features for 515 E Duffy Street

General Information

Property type
Other
Property subtype
Duplex
Bedrooms
5
Bathrooms
2
Rooms
Bathroom 1, Bathroom 2, Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4, Bedroom 5
Parking features
Off Street, On Street
Interior features
Ceiling Fan(s)
Exterior features
Balcony
Appliances
Dishwasher, Dryer, Microwave, Range, Refrigerator, Washer
Standard status
Active
APN
2-0053-07-017
Size
2,652 SF
Lot size
0.11 Acres

Utilities

Heating system
Heat Pump (Heating), Natural Gas
Cooling system
Central Air, Electric

Building Details

Year built
1900
Flooring type
Tile, Tile - Ceramic, Wood
Roof type
Asphalt
Architectural style
Victorian
Listing Agency Engel & Völkers Savannah
1650 East Victory Drive, Savannah, GA
Listed by Anna Grace Lowenthal
Added: Jul 17 Checked: Jul 18 at 9:06 am
MLS# SA350820 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 upstairs/downstairs duplex offers two separate residential units with period details. The lower unit includes three bedrooms and one full bathroom. The upper unit includes two bedrooms, one full bathroom, and a flex/office space off the living area, along with a large balcony featuring a swinging daybed. Both units have fully equipped kitchens with granite countertops, their own washer and dryer, hardwood floors, and original architectural elements such as decorative fireplaces and pocket doors.

Located in Savannah’s Victorian District, the property is described as within a short walk of Forsyth Park and near Dixon Park. The listing also notes two off-street parking spaces and a private fenced backyard.

Each unit’s configuration includes kitchen, in-unit laundry, and established interior features, supporting a straightforward owner-occupant or rental use case within a classic duplex arrangement.

Key Highlights

  • Upstairs/downstairs duplex in Savannah’s Victorian District
  • Both units have fully equipped kitchens with granite countertops, plus in‑unit washer and dryer
  • Upper unit offers 2 bedrooms, 1 full bathroom, a flex/office space, and a large balcony

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 $43.0k $16.20
− Vacancy −$2.8k −$1.05
EGI $40.2k $15.15
− OpEx −$12.1k −$4.54
NOI $28.1k $10.60
2,652 SF · lease $16.20/SF/yr · vacancy 6.50% · expense 30.00%

Alternative Uses

Best Use
Multifamily LT 5
$401.7K
$351.5K – $468.7K (±1% cap)
NOI $28,119 @ 7.0% cap · market cap 4.14%
Second Best
Apartment 5plus
$372.5K
$326.0K – $434.6K (±1% cap)
NOI $26,077 @ 7.0% cap · market cap 3.83%
Theoretical Best
Warehouse
$2.48M
$2.17M – $2.89M (±1% cap)
NOI $173,493 @ 7.0% cap · market cap 25.51%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

DuffSpoon drift Bed & Breakfast

Suggested Use

Plumbing Service HVAC Service Electrical Service Pet Grooming Service Butcher Locksmith (Bike/Boat/Book/etc) Store Pet Store (Bike/Boat/Book/etc) Store Pet Store & Service

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Duplex - Upstairs/downstairs duplex with two units, each with a full kitchen and in-unit washer/dryer, plus fenced backyard and off-street parking.
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: Upstairs/downstairs duplex in Savannah’s Victorian District; Both units have fully equipped kitchens with granite countertops, plus in‑unit washer and dryer; Upper unit offers 2 bedrooms, 1 full bathroom, a flex/office space, and a large balcony
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