Renovated Duplex Residential
812 E Park Avenue Savannah, GA 31401
812 E Park Avenue, Savannah, GA, 31401
$449,900
For Sale
$449,900
MULTI_FAMILY - Savannah, GA
Property Size2,588 SF
Lot Size0.10 Acres
Price / SF$173.84
Days on Market30
Property Features for 812 E Park Avenue
General Information
- Property type
- Residential Multi Family
- Property subtype
- Duplex
- Zoning
- R4
- Bedrooms
- 5
- Bathrooms
- 3
- Rooms
- Bathroom 3, Bedroom 4, Bedroom 5, Bathroom 1, Bedroom 2, Bathroom 2, Bedroom 3, Bedroom 1
- Appliances
- Electric Water Heater
- Standard status
- Active
- APN
- 2004212006
- Size
- 2,588 SF
- Lot size
- 0.10 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Description
- LOT 5 KELLY WARD
- Tax Annual Amount
- 4176
Utilities
- Sewer type
- Public Sewer
- Heating system
- Central, Electric (Heating)
- Cooling system
- Electric, Central Air
- Water source
- Public
Building Details
- Year built
- 1900
- Floors in Building
- 2
- Number of units
- 2
- Building materials
- Brick
Listing Agency
Seaport Real Estate Group
(912) 202-2042
7301 Waters Avenue, Savannah, GA
Listed by
John R. Carr V · License #389664
(912) 228-0916
Added: Jun 19 Checked: Jul 18 at 12:06 pm
MLS# SA358453
Listing URL
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.
This for-sale duplex at 812 E Park Avenue in Savannah is designed as a two-unit income property with separate 2-bedroom, 1-bath and 3-bedroom, 2-bath layouts. The lower unit provides a comfortable 2-bedroom, 1-bath floor plan, while the upper unit offers a more spacious 3-bedroom, 2-bath arrangement. Both units have been renovated with durable LVP flooring and stainless steel appliances, supporting a low-maintenance profile for day-to-day living and leasing.
The property sits on a 0.1047-acre lot and totals 2,588 square feet. The listed zoning is R4, which aligns with residential multifamily use in the area.
This configuration can work well for investors seeking a duplex with two distinct unit sizes, or for buyers interested in occupying one unit while renting the other. With renovations already completed to both units and an established two-level setup, the property offers a straightforward path for residential rental operations under the R4 zoning designation.
The property sits on a 0.1047-acre lot and totals 2,588 square feet. The listed zoning is R4, which aligns with residential multifamily use in the area.
This configuration can work well for investors seeking a duplex with two distinct unit sizes, or for buyers interested in occupying one unit while renting the other. With renovations already completed to both units and an established two-level setup, the property offers a straightforward path for residential rental operations under the R4 zoning designation.
Key Highlights
- Duplex with a 2‑bedroom, 1‑bath lower unit and a 3‑bedroom, 2‑bath upper unit
- Gross rents exceed $45,000 per year
- Both units have been renovated with LVP flooring and stainless steel appliances
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 | $41.9k | $16.20 |
| − Vacancy | −$2.7k | −$1.05 |
| EGI | $39.2k | $15.15 |
| − OpEx | −$11.8k | −$4.54 |
| NOI | $27.4k | $10.60 |
2,588 SF · lease $16.20/SF/yr · vacancy 6.50% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$392.0K
$343.0K – $457.3K
NOI $27,440 @ 7.0% cap · market cap 6.10%
Second Best
Apartment 5plus
$363.5K
$318.1K – $424.1K
NOI $25,447 @ 7.0% cap · market cap 5.66%
Theoretical Best
Warehouse
$2.42M
$2.12M – $2.82M
NOI $169,306 @ 7.0% cap · market cap 37.63%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Duplexes
Similar For Sale Nearby
FAQs
What type of property is this?
Duplex - Well-maintained duplex with two renovated units, offering a practical live-in or rental configuration.
Where is this duplex located?
The property is located at 812 E Park Avenue Savannah, GA.
What is the asking price?
The asking price for this property is $449,900.
What are key features of this property?
This property features: Duplex with a 2‑bedroom, 1‑bath lower unit and a 3‑bedroom, 2‑bath upper unit; Gross rents exceed $45,000 per year; Both units have been renovated with LVP flooring and stainless steel appliances
