Income-Generating Triplex with Carriage
829 E 34th Street Savannah, GA 31401
New
829 E 34th Street, Savannah, GA, 31401
$899,900
For Sale
$899,900
MULTI_FAMILY - Savannah, GA
Property Size4,605 SF
Lot Size0.08 Acres
Price / SF$195.42
Days on Market2
Property Features for 829 E 34th Street
General Information
- Property type
- Residential Multi Family
- Property subtype
- Triplex
- Zoning
- R4
- Bedrooms
- 7
- Bathrooms
- 5
- Rooms
- Bedroom 5, Bathroom 1, Bedroom 6, Bathroom 3, Bathroom 4, Bedroom 1, Bedroom 4, Bathroom 5, Bedroom 7, Bathroom 2, Bedroom 2, Bedroom 3
- Parking features
- On Street
- Exterior features
- Balcony
- Fencing
- Fenced, Privacy
- Appliances
- Electric Water Heater, Gas Water Heater
- Standard status
- Active
- APN
- 2005530001
- Size
- 4,605 SF
- Lot size
- 0.08 Acres
Taxes and HOA fees
- Tax Year
- 2024
- Tax Description
- LOT 82 AND EAST 10 FEET OF LOT 81 GRAYSON WARD
- Tax Annual Amount
- 5489
Utilities
- Sewer type
- Public Sewer
- Heating system
- Central, Electric (Heating)
- Cooling system
- Central Air, Electric
- Water source
- Public
Building Details
- Year built
- 1900
- Floors in Building
- 2
- Number of units
- 3
- Flooring type
- Wood, Tile
Listing agency
Keller Williams Coastal Area P
(912) 356-5001
Listed by
Kristin Brown · License #301485
(912) 844-2579
Added: Jul 20 Checked: Jul 21 at 1:06PM
MLS# SA360847
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 triplex features three updated living units. The main building has a lower-level three-bedroom, two-bath residence and an upstairs three-bedroom, one-and-a-half-bath residence. A separate carriage house includes a one-bedroom, one-bath apartment above generous ground-level storage space. Each unit is described as bright and well-maintained and includes private laundry facilities, along with access to outdoor space.
The property is located in Savannah, Georgia, near Downtown Savannah, the Starland District, SCAD, area hospitals, shopping, dining, and Tybee Island beaches.
With all three residences in place and fully occupied, the property offers a multi-unit residential setup that may appeal to buyers seeking established rental income within an R4-zoned area.
The property is located in Savannah, Georgia, near Downtown Savannah, the Starland District, SCAD, area hospitals, shopping, dining, and Tybee Island beaches.
With all three residences in place and fully occupied, the property offers a multi-unit residential setup that may appeal to buyers seeking established rental income within an R4-zoned area.
Key Highlights
- Fully occupied income‑producing triplex with a strong rental history
- Main building has a 3‑bedroom, 2‑bath lower‑level unit and a 3‑bedroom, 1.5‑bath upstairs unit
- Separate carriage house includes a 1‑bedroom, 1‑bath apartment above ground‑level storage 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 | $74.6k | $16.20 |
| − Vacancy | −$4.8k | −$1.05 |
| EGI | $69.8k | $15.15 |
| − OpEx | −$20.9k | −$4.54 |
| NOI | $48.8k | $10.60 |
4,605 SF · lease $16.20/SF/yr · vacancy 6.50% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$697.5K
$610.3K – $813.8K
NOI $48,826 @ 7.0% cap · market cap 5.43%
Second Best
Apartment 5plus
$646.9K
$566.0K – $754.7K
NOI $45,280 @ 7.0% cap · market cap 5.03%
Theoretical Best
Warehouse
$4.30M
$3.77M – $5.02M
NOI $301,257 @ 7.0% cap · market cap 33.48%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Triplexes
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FAQs
What type of property is this?
Triplex - Fully occupied triplex includes three updated residences with private laundry and outdoor access.
Where is this triplex located?
The property is located at 829 E 34th Street Savannah, GA.
What is the asking price?
The asking price for this property is $899,900.
What are key features of this property?
This property features: Fully occupied income‑producing triplex with a strong rental history; Main building has a 3‑bedroom, 2‑bath lower‑level unit and a 3‑bedroom, 1.5‑bath upstairs unit; Separate carriage house includes a 1‑bedroom, 1‑bath apartment above ground‑level storage space
