Back to Search
Savannah Multifamily Investment Opportunity

910 E 35th Street Savannah, GA 31401

910 E 35th Street, Savannah, GA, 31401
$795,000
For Sale
$795,000

MULTI_FAMILY - Savannah, GA

Property Size3,304 SF
Lot Size0.11 Acres
Price / SF$240.62
Days on Market179

Property Features for 910 E 35th Street

General Information

Property type
Residential Multi Family
Property subtype
Other
Zoning
R4
Bedrooms
4
Bathrooms
4
Rooms
Bedroom 3, Bathroom 2, Bathroom 3, Bathroom 1, Bedroom 4, Bedroom 2, Bathroom 4, Bedroom 1
Appliances
Electric Water Heater
Standard status
Active
APN
2005529008
Size
3,304 SF
Lot size
0.11 Acres

Taxes and HOA fees

Tax Description
LOT 94 AND WEST 20 FEET OF LOT 95 GRAYSON WARD

Utilities

Sewer type
Public Sewer
Heating system
Electric (Heating), Central
Cooling system
Central Air, Electric
Water source
Public

Building Details

Year built
1920
Floors in Building
2
Number of units
4
Building materials
Brick
Listing Agency Seabolt Real Estate
24 E Oglethorpe Avenue, Savannah, GA
Listed by Staci M. Donegan · License #345816
Added: Jan 23 Updated: Jul 14 at 11:14 am Checked: Jul 21 at 3:06 am
MLS# SA346893 Listing URL

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 multifamily property, located in Savannah, Georgia, presents an investment opportunity in the city's Eastside. The all-brick quadplex has a strong rental history and is situated in close proximity to Downtown Savannah, Midtown, parks, and dining options. The property consists of four units, each featuring one bedroom and one bathroom. The units have functional layouts, updated kitchens and bathrooms, and wood floors throughout. The property's proven rental performance and convenient access to major roadways enhance its appeal to tenants. The lot size is 0.11 acres. The property is zoned R4. The property size is 3304 square feet.

Key Highlights

  • All‑brick quadplex built in 1920 with four 1BR/1BA units
  • Updated kitchens and bathrooms across the four units
  • Wood floors throughout

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 $53.5k $16.20
− Vacancy −$3.5k −$1.05
EGI $50.0k $15.15
− OpEx −$15.0k −$4.54
NOI $35.0k $10.60
3,304 SF · lease $16.20/SF/yr · vacancy 6.50% · expense 30.00%

Alternative Uses

Best Use
Multifamily LT 5
$500.5K
$437.9K – $583.9K (±1% cap)
NOI $35,032 @ 7.0% cap · market cap 4.41%
Second Best
Apartment 5plus
$464.1K
$406.1K – $541.5K (±1% cap)
NOI $32,488 @ 7.0% cap · market cap 4.09%
Theoretical Best
Warehouse
$3.09M
$2.70M – $3.60M (±1% cap)
NOI $216,146 @ 7.0% cap · market cap 27.19%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Quadplexes

Suggested Use

HVAC Service Carpet & Flooring Store Home Appliance Store Plumbing Service Accounting Firm (Bike/Boat/Book/etc) Store Pharmacy Electrical Service Locksmith (Bike/Boat/Book/etc) Store

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

FAQs

What type of property is this?
Quadplex - Income-producing quadplex near Downtown Savannah, Midtown, parks, and dining.
Where is this quadplex located?
The property is located at 910 E 35th Street Savannah, GA.
What is the asking price?
The asking price for this property is $795,000.
What are key features of this property?
This property features: All‑brick quadplex built in 1920 with four 1BR/1BA units; Updated kitchens and bathrooms across the four units; Wood floors throughout
Contact an agent
More about this property
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