Colonial Home with Carriage House
90 Varnedoe Avenue Savannah, GA 31408
90 Varnedoe Avenue, Savannah, GA, 31408
$487,000
For Sale
$487,000
MULTI_FAMILY - Colonial - Savannah, GA
Property Size1,930 SF
Lot Size0.74 Acres
Price / SF$252.33
Days on Market88
Property Features for 90 Varnedoe Avenue
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Zoning
- R1
- Bedrooms
- 4
- Bathrooms
- 3
- Rooms
- Bedroom 2, Bedroom 3, Bathroom 3, Bathroom 1, Bedroom 4, Bedroom 1, Bathroom 2
- Parking features
- RV
- Window features
- Double Pane Windows
- Patio and Porch features
- Deck, Patio, Porch
- Interior features
- Ceiling Fan(s)
- Exterior features
- Deck
- Fencing
- Privacy
- Appliances
- Disposal, Gas Water Heater, Oven, Plumbed For Ice Maker, Range, Refrigerator
- Standard status
- Active
- APN
- 60009 03002
- Size
- 1,930 SF
- Lot size
- 0.74 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Description
- LOT 12 SUB OF 61 THRU 75 IND CIT Y GDNS
- Tax Annual Amount
- 1709
Utilities
- Sewer type
- Public Sewer
- Heating system
- Central, Natural Gas
- Cooling system
- Central Air, Electric
- Water source
- Public
Building Details
- Year built
- 1935
- Floors in Building
- 1
- Number of units
- 2
- Flooring type
- Vinyl, Tile
- Building materials
- Frame, Metal Siding
- Roof type
- Composition
- Architectural style
- Colonial
Listing agency
Next Move Real Estate LLC
(912) 295-5807
Listed by
Scotti Moore · License #331532
(912) 272-8600
Added: Apr 27 Updated: Jul 9 at 8:14PM Checked: Jul 23 at 7:06AM
MLS# SA354794
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.
Restored Colonial Revival property built in 1935, featuring prominent front portico and refined Georgian-Style details. The main home includes 3 bedrooms, 2 full bathrooms, and a dedicated laundry area, with original pine and hardwood flooring, 9' ceilings, rounded corners, and preserved interior details such as picture rails and original plasterwork. The kitchen has been renovated with leathered marble countertops, a farmhouse sink, and updated cabinetry and finishes.
The second dwelling is a turn-key carriage house ADU with 1 bedroom, 1 bathroom, a private entrance, and its own laundry room. It is currently an income-producing property with an active STVR permit, and totals 520 square feet. Set on approximately 0.74 acres, the grounds include a circular driveway and established Lowcountry landscaping with Spanish moss-draped oak trees and producing Georgia pecan trees. The property is zoned R1 and includes additional features such as RV readiness and pre-wiring for an EV charging station. Located at 90 Varnedoe Avenue in Savannah (31408), with the listing noting quick access to Historic Downtown Savannah and the Savannah River.
The second dwelling is a turn-key carriage house ADU with 1 bedroom, 1 bathroom, a private entrance, and its own laundry room. It is currently an income-producing property with an active STVR permit, and totals 520 square feet. Set on approximately 0.74 acres, the grounds include a circular driveway and established Lowcountry landscaping with Spanish moss-draped oak trees and producing Georgia pecan trees. The property is zoned R1 and includes additional features such as RV readiness and pre-wiring for an EV charging station. Located at 90 Varnedoe Avenue in Savannah (31408), with the listing noting quick access to Historic Downtown Savannah and the Savannah River.
Key Highlights
- Totally restored 1935 Colonial Revival home with main home and separate carriage house ADU on 0.74 acres
- Main home offers 1,410 SF with 3 bedrooms, 2 full baths, and a dedicated laundry area
- Completely renovated kitchen with leathered marble countertops, farmhouse sink, and ample cabinet and counter space
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 | $31.3k | $16.20 |
| − Vacancy | −$2.0k | −$1.05 |
| EGI | $29.2k | $15.15 |
| − OpEx | −$8.8k | −$4.54 |
| NOI | $20.5k | $10.60 |
1,930 SF · lease $16.20/SF/yr · vacancy 6.50% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$292.3K
$255.8K – $341.1K
NOI $20,464 @ 7.0% cap · market cap 4.20%
Second Best
Apartment 5plus
$271.1K
$237.2K – $316.3K
NOI $18,977 @ 7.0% cap · market cap 3.90%
Theoretical Best
Warehouse
$1.80M
$1.58M – $2.10M
NOI $126,260 @ 7.0% cap · market cap 25.93%
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 - Restored 1935 colonial with a separate carriage house ADU, currently operating under an active STVR permit.
Where is this duplex located?
The property is located at 90 Varnedoe Avenue Savannah, GA.
What is the asking price?
The asking price for this property is $487,000.
What are key features of this property?
This property features: Totally restored 1935 Colonial Revival home with main home and separate carriage house ADU on 0.74 acres; Main home offers 1,410 SF with 3 bedrooms, 2 full baths, and a dedicated laundry area; Completely renovated kitchen with leathered marble countertops, farmhouse sink, and ample cabinet and counter space
