Duplex With Separate
For Sale
$399,000
9670 Whitefield Ave, Savannah, GA 31406
Two independent residences include private driveways, built-in storage, and an additional storage building on the property.
Property Size2,706 SF
Lot Size0.45 Acres
Price / SF$147.45
Days on Market62
Property Features for 9670 Whitefield Ave
General Information
Standard status
Active
Size
2,706 SF
Lot size
0.45 Acres
Property subtype
Multi-Family
Units
Unit Mix
2 x 1BR/1BA
Multifamily Units
2
Building Details
Year Built
1935
Buildings
1
Tenancy
Multi
Listing Agency:
Corcoran Austin Hill Realty
Listed By:
Alana R. Dykes · License #405279
(912) 677-6949
Source:
Bradberrygarnerrealestate
Added: Aug 15
Changed: Oct 11
Last Checked: Oct 7 at 4:35PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Corcoran Austin Hill Realty
Investment Insights
Based on property information with market context.
This duplex contains two fully independent residences, each arranged with one bedroom and one bathroom. The lower unit is occupied by a tenant, while the upper unit includes a private balcony and is available for occupancy. Separate driveways serve the two residences, supporting independent access. Storage is incorporated into the primary structure, and a detached storage building provides additional on-site space.
The property sits on approximately 0.45 acres at 9670 Whitefield Ave in Savannah, Georgia. Constructed in 1935, the building offers a two-unit configuration suited to continued rental use or an owner-occupant arrangement, subject to applicable requirements. Each residence has a defined layout and separate access, while the additional storage improvements expand the property's practical functionality.
The property sits on approximately 0.45 acres at 9670 Whitefield Ave in Savannah, Georgia. Constructed in 1935, the building offers a two-unit configuration suited to continued rental use or an owner-occupant arrangement, subject to applicable requirements. Each residence has a defined layout and separate access, while the additional storage improvements expand the property's practical functionality.
Key Highlights
- Two fully separate units, each with 1 bedroom and 1 bathroom
- Approximately 0.45 acres in Savannah’s 31406 area
- Built in 1935
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$28,691
Cap Rate
7.19%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$573,820
$573.8K
Cap Rate 7%
$409,871
$409.9K
Cap Rate 9%
$318,789
$318.8K
Market Conditions
NOI Build-Up for 2,706 SF
Gross rent
$43.8K $16.20/SF
− Vacancy
−$2.8K −$1.05/SF
EGI
$41.0K $15.15/SF
− OpEx
−$12.3K −$4.54/SF
NOI
$28.7K $10.60/SF
Area
Savannah, GA
Vacancy
6.50%
Lease Rate
$16.20 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$573,820
Cap Rate 7%
$409,871
Cap Rate 9%
$318,789
Alternative Uses
Best Use
Multifamily LT 5
$409.9K
$358.6K – $478.2K
NOI $28,691 @ 7.0% cap · market cap 7.19%
Second Best
Apartment 5plus
$380.1K
$332.6K – $443.5K
NOI $26,608 @ 7.0% cap · market cap 6.67%
Theoretical Best
Warehouse
$2.53M
$2.21M – $2.95M
NOI $177,025 @ 7.0% cap · market cap 44.37%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Lease Details
2
Residential units
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
136
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
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in South region
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Frequently Asked Questions
What type of property is this?
Duplex - Two independent residences include private driveways, built-in storage, and an additional storage building on the property.
Where is this duplex located?
The property is located at 9670 Whitefield Ave 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: Two fully separate units, each with 1 bedroom and 1 bathroom; Approximately 0.45 acres in Savannah’s 31406 area; Built in 1935
