Two-Unit
New
For Sale
$649,999
729 E Waldburg Street, Savannah, GA 31401
Residential Income, Savannah, GA
Property Size1,959 SF
Lot Size0.05 Acres
Price / SF$331.80
Days on Market7
Property Features for 729 E Waldburg Street
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Bedrooms
5
Bathrooms
3
Full bathrooms
3
Rooms
Bathroom 2, Bedroom 5, Bedroom 3, Bedroom 1, Bedroom 2, Bathroom 3, Bedroom 4, Bathroom 1
Appliances
Some Electric Appliances, Dishwasher, Electric Water Heater, Microwave, Oven, Range, Refrigerator
Directions
Price St. south to E. Waldburg. 700 block.
Standard status
Active
APN
2-0042-11-017
Size
1,959 SF
Lot size
0.05 Acres
Taxes and HOA fees
Tax Description
NORTH 80 X 30 FEET OF LOT 56
Legal Description
NORTH 80 X 30 FEET OF LOT 56
Utilities
Sewer type
Public Sewer
Heating system
Electric (Heating), Central
Cooling system
Central Air, Electric
Water source
Public
Building Details
Year built
1926
Floors in Building
2
Number of units
2
Flooring type
Hardwood
Building materials
Frame, Wood Siding
Listing Agency:
Compass Realty & Property Mgt
Listed By:
Shallyn M. Watt · License #320943
(912) 944-5869
Added: Oct 23
Changed: Oct 27
Last Checked: Oct 29 at 6:06AM
MLS# SA367035
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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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This 1,959-square-foot duplex contains two residences with different configurations: one has three bedrooms and two bathrooms, while the other has two bedrooms and one bathroom. The property was built in 1926 and sits on a 0.05-acre lot. Hardwood flooring, central heating and air conditioning, and a kitchen appliance package are among its features.
Key Highlights
- Two residences: one with 3 bedrooms and 2 bathrooms, the other with 2 bedrooms and 1 bathroom
- 1,959 square feet of building area
- 0.05‑acre lot
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 - One residence has three bedrooms and two bathrooms; the other has two bedrooms and one bathroom.
Where is this duplex located?
The property is located at 729 E Waldburg Street 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 residences: one with 3 bedrooms and 2 bathrooms, the other with 2 bedrooms and 1 bathroom; 1,959 square feet of building area; 0.05‑acre lot
