Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search

    856 E 35Th St Savannah, GA 31401

    Sponsored
    For Sale
    $537,000

    New Traditional, Other - Savannah, GA

    Type:Multi Family
    Property size:
    2,004 SF
    Lot size:
    0.08 Acres
    Days on Market:
    104
    Last Refresh:
    Jan 19 at 8:06 am

    Property Features for 856 E 35Th St

    General Information

    Property type
    Other
    Property subtype
    Multi Family
    Standard status
    Active
    Rooms
    Bathroom 1, Bathroom 2, Bathroom 3, Bathroom 4, Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4
    Bedrooms
    4
    Bathrooms
    4
    APN
    2005530017
    Parking features
    Off Street, Underground/Basement
    Appliances
    Dishwasher, Dryer, Garbage Disposer, Microwave, Range, Refrigerator, Washer
    Size
    2,004 SF
    Lot size
    0.08 Acres

    Utilities

    Heating system
    Central, Electric (Heating)
    Cooling system
    Central Air, Electric

    Building Details

    Year built
    1850
    Flooring type
    Carpet, Other, Tile
    Roof type
    Composition
    Architectural style
    New Traditional

    We can help!

    Listing Contact
    Lana Halta Sanders

    Engel & Völkers Savannah (912) 238-0874 [email protected]

    Listing agent Lana Halta Sanders (912) 238-0874

    Listing date Oct 8, 2025

    MLS# SA341125 Listing URL

    Copyright © 2026 Engel & Völkers. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Property Insight Report

    Overview

    Renovated Savannah Home with Cottage

    This renovated home, originally built in 1850 and fully renovated in 2019, features front and back porches. The property includes a detached, one-level 1-bedroom, 1-bathroom in-law cottage, currently used as a 30-day-plus rental generating $1800 per month. The main home offers large closets, granite countertops, stainless steel appliances, and an open-concept floor plan, along with a custom-built foyer bench with coat hooks. It is equipped with two heating and cooling units and provides off-street parking. Recent updates include new ceramic tile flooring in the kitchen and foyer, as well as updated LVP flooring. The property, situated on a quiet block, is conveniently located near downtown, the beach, and the Truman Parkway, with easy access to shopping and restaurants. The lot size is 0.078 acres. The main property size is 2004 square feet. All furnishings in both properties are negotiable.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Duplexes

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Savannah
    County
    Chatham
    State
    Georgia
    Longitude
    -81.08593
    Latitude
    32.055511

    Nearby Similar for Sale

    • $925,000
      2,472 SF

      Updated Home in Baldwin Park

      Updated 1924 home with carriage house in desirable neighborhood.
      743 E 40Th St, Savannah, GA 31401
      View Details
    • $999,900
      3,708 SF

      Victorian District Commercial Opportunity

      Two-level property in Savannah's Victorian District, suitable for commercial use.
      420 E Bolton St, Savannah, GA 31401
      View Details
    • New
      $899,900
      0.06 Acres

      Savannah Historic District STVR Opportunity

      Historic Savannah property with short-term rental potential near downtown.
      209 E Duffy St E, Savannah, GA 31401
      View Details
    • New
      $899,900
      0.06 Acres

      Savannah Duplex in Victorian District

      Income-producing duplex near Forsyth Park, SCAD, and downtown Savannah.
      209 E Duffy St, Savannah, GA 31401
      View Details
    • $10,000,000
      10,092 SF

      Savannah Cotton Exchange Historic Landmark

      Iconic 10,092 SF building in Savannah's Historic Landmark District.
      100 E Bay St, Savannah, GA 31401
      View Details
    • $650,000
      2,952 SF

      Commercial and Residential Package Opportunity

      Live-work property near Skidaway Road and Victory Drive intersection.
      2203 Skidaway Rd, Savannah, GA 31404
      View Details
    • $650,000
      2,952 SF

      Savannah Mixed-Use Investment Opportunity

      Commercial building and residential cottage near high-traffic area.
      2203 Skidaway Rd, Savannah, GA 31404
      View Details
    • $1,299,000
      6,895 SF

      Victorian Mixed-Use Property Near Forsyth

      Historic Savannah property with mixed-use zoning and development potential.
      808 Drayton St, Savannah, GA 31401
      View Details
    • $1,299,000
      0.12 Acres

      Victorian Mixed-Use Property Near Forsyth

      Historic Savannah property with mixed-use zoning and development potential.
      808 Drayton St, Savannah, GA 31401
      View Details
    • $485,000
      1,925 SF

      Savannah Office Bungalow For Sale

      Office-zoned bungalow with flexible layout and expansion potential.
      112 E De Renne Ave, Savannah, GA 31405
      View Details
    • $3,500,000
      3,252 SF

      New Car Wash Business Opportunity

      Turnkey car wash business with real estate in Savannah, Georgia.
      5440 Augusta Rd, Savannah, GA 31408
      View Details
    • $1,848,000
      6,900 SF

      Savannah Retail/Office Building For Sale

      One-story retail/office building with solid leases in place.
      906 E 72Nd St, Savannah, GA 31405
      View Details

    FAQs

    What type of property is this?
    Duplex - Renovated home with rental cottage near downtown and beach.
    Where is this duplex located?
    The property is located at 856 E 35Th St Savannah, GA.
    What is the asking price?
    The asking price for this property is $537,000.
    What are key features of this property?
    This property features: - Renovated in 2019 from the studs in, offering modern amenities in a historic home.; - Detached 1bd/1ba in-law cottage generates $1800/month in rental income.; - Conveniently located near downtown, the beach, and the Truman Parkway, with easy access to shopping and restaurants.
    (912) 507-4065
    Request Owner's contact information
    856 E 35Th St Savannah, GA 31401
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    856 E 35Th St
    Savannah, GA 31401
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    856 E 35Th St Savannah, GA 31401
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    We can help!
    Listing Contact
    Lana Halta Sanders
    (912) 507-4065
    Learn more
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.