Duplex with Rented Back
For Sale
$449,000
8621 Ferguson Avenue, Savannah, GA 31406
MULTI_FAMILY - Savannah, GA
Property Size2,300 SF
Lot Size0.91 Acres
Price / SF$195.22
Days on Market322
Property Features for 8621 Ferguson Avenue
General Information
Property type
Residential Multi Family
Property subtype
Other
Zoning
R1
Bedrooms
6
Bathrooms
3
Full bathrooms
3
Rooms
Bathroom 2, Bathroom 1, Bedroom 5, Bedroom 2, Bathroom 3, Bedroom 4, Bedroom 1, Bedroom 3, Bedroom 6
Interior features
Ceiling Fan(s)
Appliances
Electric Water Heater
Subdivision
Thomas Sub/Cedar Hammock
Directions
From Truman Parkway, take Montgomery cross to Skidaway, take right on Skidaway to right on to Ferguson house property is on the right 1/4 mile.
Standard status
Active
APN
1037802004
Size
2,300 SF
Lot size
0.91 Acres
Taxes and HOA fees
Tax Year
2024
Tax Description
PART OF LOT 2 SUB OF WEST PART O F LOTS 11 AND 12 CEDAR HAMMOCK
Legal Description
PART OF LOT 2 SUB OF WEST PART O F LOTS 11 AND 12 CEDAR HAMMOCK
Utilities
Sewer type
Septic Tank
Heating system
Central, Electric (Heating)
Cooling system
Electric, Central Air
Water source
Public
Building Details
Year built
1920
Floors in Building
1
Number of units
2
Building materials
Wood Siding
Roof type
Metal
Listing Agency:
Epique Realty
(888) 893-3537
Listed By:
Ed Yannett · License #349501
(912) 844-9000
Added: Sep 18, 2025
Changed: Jul 7
Last Checked: Aug 5 at 10:06PM
MLS# SA339941
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 duplex rental property on one lot includes two units. The front home is owner-occupied, while the back unit is currently rented. The listing also notes recent improvements and the possibility of renting the front unit if desired.
The property is located at 8621 Ferguson Avenue in Savannah, Georgia 31406, within an R1 zoning designation. The listing describes the area as having nearby retail and services, including large-format retailers and a school.
The lot size is 0.9087 acres, with a total property size of 2,300 square feet.
The property is located at 8621 Ferguson Avenue in Savannah, Georgia 31406, within an R1 zoning designation. The listing describes the area as having nearby retail and services, including large-format retailers and a school.
The lot size is 0.9087 acres, with a total property size of 2,300 square feet.
Key Highlights
- 1‑acre property in Sandfly, GA with two units: front home owner‑occupied and back unit currently rented
- Two‑unit setup offers flexibility to rent the front house if you choose
- Central heating and central air with electric heating and electric cooling
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 | $37.3k | $16.20 |
| − Vacancy | −$2.4k | −$1.05 |
| EGI | $34.8k | $15.15 |
| − OpEx | −$10.5k | −$4.54 |
| NOI | $24.4k | $10.60 |
2,300 SF · lease $16.20/SF/yr · vacancy 6.50% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$348.4K
$304.8K – $406.5K
NOI $24,387 @ 7.0% cap · market cap 5.43%
Second Best
Apartment 5plus
$323.1K
$282.7K – $376.9K
NOI $22,616 @ 7.0% cap · market cap 5.04%
Theoretical Best
Warehouse
$2.15M
$1.88M – $2.51M
NOI $150,465 @ 7.0% cap · market cap 33.51%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
2
Residential units
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
329
Businesses Nearby
Explore this area
Business Placement
Demographics for 31406, GA
34,579
Population
15,424
Households
2.2
Avg Household Size
39
Median Age
37%
College-Educated
93%
High-School Grad
26.2 sq mi
ZIP Area
1,320
Density / Sq Mi
$66,084
Median Household Income
$41,512
Median Earnings
$1,340
Median Rent
$260,800
Median Home Value
Market
Vacancy Rate% for Multifamily in South region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Duplex - Duplex on a single lot with an owner-occupied front home and a rented back unit in an R1 zone.
Where is this duplex located?
The property is located at 8621 Ferguson Avenue Savannah, GA.
What is the asking price?
The asking price for this property is $449,000.
What are key features of this property?
This property features: 1‑acre property in Sandfly, GA with two units: front home owner‑occupied and back unit currently rented; Two‑unit setup offers flexibility to rent the front house if you choose; Central heating and central air with electric heating and electric cooling
