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    Savannah Duplex: Income-Producing Investment

    814-816 Ott Street Savannah, GA 31401

    814-816 Ott Street, Savannah, GA, 31401
    $399,000
    For Sale
    Claim this Listing
    $399,000

    MULTI_FAMILY - Victorian - Savannah, GA

    Property Size1,865 SF
    Lot Size0.05 Acres
    Price / SF$213.94
    AddedSep 12, 2025
    Days on Market307
    Last RefreshJul 15 at 10:06 pm

    Property Features for 814-816 Ott Street

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Zoning
    R4
    Bedrooms
    4
    Bathrooms
    2
    Rooms
    Bathroom 1, Bedroom 2, Bedroom 3, Bedroom 1, Bedroom 4, Bathroom 2
    Appliances
    Gas Water Heater
    Standard status
    Active
    APN
    2004203014
    Size
    1,865 SF
    Lot size
    0.05 Acres

    Taxes and HOA fees

    Tax Year
    2024
    Tax Description
    NORTH 54 FEET OF LOT 24 KELLY WD
    Tax Annual Amount
    2705

    Utilities

    Sewer type
    Public Sewer
    Heating system
    Natural Gas, Central
    Cooling system
    Central Air, Electric
    Water source
    Public

    Building Details

    Year built
    1928
    Floors in Building
    2
    Number of units
    2
    Architectural style
    Victorian

    Listing agent Jahziel R. Soto License #393708

    Listing office Keller Williams Coastal Area P 329 Commercial Dr., Suite 100, Savannah, GA

    Listing date Sep 12, 2025

    MLS# SA339616

    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 income-producing duplex features two side-by-side units. Each unit includes 2 bedrooms upstairs, 1 bath, a washer/dryer, and a dedicated off-street parking space. Both units have been updated and are well-maintained. The exterior was recently repainted, and all windows have been replaced. The property is located minutes from Downtown Savannah, the Starland District, the revitalized Waters Corridor, SCAD, hospitals, and Tybee beaches. The property is zoned R4 and sits on a lot of 0.0496 acres. The building size is 1865 square feet. This multi-family property is a turn-key investment opportunity.

    Key Highlights

    • Income‑producing duplex with two side‑by‑side units, each offering 2 bedrooms and 1 bath
    • Both units include washer/dryer and dedicated off‑street parking space
    • Updated and well‑maintained with recently repainted exterior and replaced windows

    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 $30.2k $16.20
    − Vacancy −$2.0k −$1.05
    EGI $28.2k $15.15
    − OpEx −$8.5k −$4.54
    NOI $19.8k $10.60
    1,865 SF · lease $16.20/SF/yr · vacancy 6.50% · expense 30.00%

    Alternative Uses

    Best Use
    Multifamily LT 5
    $282.5K
    $247.2K – $329.6K (±1% cap)
    NOI $19,774 @ 7.0% cap · market cap 4.96%
    Second Best
    Apartment 5plus
    $262.0K
    $229.2K – $305.6K (±1% cap)
    NOI $18,338 @ 7.0% cap · market cap 4.60%
    Theoretical Best
    Warehouse
    $1.74M
    $1.53M – $2.03M (±1% cap)
    NOI $122,007 @ 7.0% cap · market cap 30.58%
    Zoning and permitted uses should be independently verified with local authorities.

    Property Analytics

    Property Profile Location Intelligence

    Current Use by Public Records

    Duplexes

    Suggested Use

    HVAC Service Skin Care Clinic Building Supply Auto Parts Store Parking Lot & Garage Accounting Firm Acupuncture Pharmacy Home Appliance Store Bakery

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

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    FAQs

    What type of property is this?
    Duplex - Updated duplex near downtown Savannah, ideal for investors.
    Where is this duplex located?
    The property is located at 814-816 Ott Street Savannah, GA.
    What is the asking price?
    The asking price for this property is $399,000.
    What are key features of this property?
    This property features: Income‑producing duplex with two side‑by‑side units, each offering 2 bedrooms and 1 bath; Both units include washer/dryer and dedicated off‑street parking space; Updated and well‑maintained with recently repainted exterior and replaced windows
    Contact an agent
    (912) 622-0202
    We can help!
    Contact an agent
    Jahziel R. Soto
    Real Estate License ID: 393708
    Request Owner's contact information
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