Two-Unit
New
For Sale
$649,999
729 E Waldburg St, Savannah, GA 31401
Two separate floor plans provide a mix of three-bedroom and two-bedroom living spaces.
Property Size1,959 SF
Price / SF$331.80
Days on Market6
Property Features for 729 E Waldburg St
General Information
Standard status
Active
Size
1,959 SF
Property subtype
Residential Income
Site & Location
Neighborhood
Eastside
Units
Unit Mix
1 x 3BR/2BA, 1 x 2BR/1BA
Multifamily Units
2
Building Details
Buildings
1
Listing Agency:
Compass Realty & Property Mgt
Listed By:
Shallyn M. Watt · License #320943
(912) 944-5869
Source:
Exprealty
Added: Oct 24
Changed: Oct 28
Last Checked: Oct 28 at 9:47AM
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 Compass Realty & Property Mgt
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This duplex at 729 E Waldburg St contains two residential units with distinct layouts. One unit has three bedrooms and two bathrooms; the other offers two bedrooms and one bathroom. Together, the property includes 1,959 square feet, five bedrooms, and three bathrooms.
Key Highlights
- Two‑unit duplex at 729 E Waldburg St
- 1,959 square feet across both units
- Three‑bedroom, two‑bath unit paired with a two‑bedroom, one‑bath unit
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$20,771
Cap Rate
3.20%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$415,420
$415.4K
Cap Rate 7%
$296,729
$296.7K
Cap Rate 9%
$230,789
$230.8K
Market Conditions
NOI Build-Up for 1,959 SF
Gross rent
$31.7K $16.20/SF
− Vacancy
−$2.1K −$1.05/SF
EGI
$29.7K $15.15/SF
− OpEx
−$8.9K −$4.54/SF
NOI
$20.8K $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%
$415,420
Cap Rate 7%
$296,729
Cap Rate 9%
$230,789
Alternative Uses
Best Use
Multifamily LT 5
$296.7K
$259.6K – $346.2K
NOI $20,771 @ 7.0% cap · market cap 3.20%
Second Best
Apartment 5plus
$275.2K
$240.8K – $321.1K
NOI $19,263 @ 7.0% cap · market cap 2.96%
Theoretical Best
Warehouse
$1.83M
$1.60M – $2.14M
NOI $128,157 @ 7.0% cap · market cap 19.72%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
1,223
Businesses Nearby
Explore this area
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
View Realmo Analytics
Market
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Duplex - Two separate floor plans provide a mix of three-bedroom and two-bedroom living spaces.
Where is this duplex located?
The property is located at 729 E Waldburg St Savannah, GA.
What is the asking price?
The asking price for this property is $649,999.
What are key features of this property?
This property features: Two‑unit duplex at 729 E Waldburg St; 1,959 square feet across both units; Three‑bedroom, two‑bath unit paired with a two‑bedroom, one‑bath unit
