806 E Park Avenue Savannah, GA 31401
MULTI_FAMILY - Savannah, GA
Property Features for 806 E Park Avenue
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Zoning
- R3
- Bedrooms
- 4
- Bathrooms
- 2
- Rooms
- Bedroom 4, Bathroom 3, Bedroom 3, Bathroom 1, Bathroom 2, Bedroom 1, Bathroom 4, Bedroom 2
- Appliances
- Some Electric Appliances, Dishwasher, Electric Water Heater, Oven, Range, Dryer, Refrigerator, Washer
- Standard status
- Active
- APN
- 2004212009
- Size
- 2,202 SF
- Lot size
- 0.10 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Description
- LOT 2 KELLY WD
- Tax Annual Amount
- 3937
Utilities
- Sewer type
- Public Sewer
- Heating system
- Central, Electric (Heating)
- Cooling system
- Central Air, Electric
- Water source
- Public
Building Details
- Year built
- 1920
- Floors in Building
- 2
- Number of units
- 2
- Flooring type
- Hardwood
- Building materials
- Frame, Vinyl Siding
- Roof type
- Asphalt
Listing agent Carl W. Sapp License #285867 (912) 844-6198
Listing office Golden Properties 7373 Hodgson Memorial Dr Bldg, Savannah, GA (912) 925-7777
Listing date Mar 13, 2026
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.
Investment Insights
Based on property information with market context.
The property is located at 806 E Park Avenue in Savannah, GA 31401, and is zoned R3. The lot size is approximately 0.1047 acres, and the total property size is listed at 2,202 square feet.
For an owner-occupant or investor, the duplex layout provides the ability to occupy one unit while renting the other. Unit A is currently occupied and showings require 24-hour notice, while Unit B can be shown with scheduling coordinated through the listing agent prior to confirmation.
Key Highlights
- Two‑story 1920‑built, two‑unit multi‑family home with Unit A (upstairs) and Unit B (downstairs)
- Each unit offers 2 bedrooms, 2 bathrooms, and a spacious living room
- Both units include central HVAC and electric heating plus central air and electric cooling
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 | $35.7k | $16.20 |
| − Vacancy | −$2.3k | −$1.05 |
| EGI | $33.4k | $15.15 |
| − OpEx | −$10.0k | −$4.54 |
| NOI | $23.3k | $10.60 |
