Duplex with Fenced Back
For Sale
$400,000
1111 E 35 Street, Savannah, GA 31404
MULTI_FAMILY - Other - Savannah, GA
Property Size2,756 SF
Lot Size0.17 Acres
Price / SF$145.14
Days on Market16
Property Features for 1111 E 35 Street
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Zoning
RSF5
Bedrooms
4
Bathrooms
2
Full bathrooms
2
Rooms
Bedroom 3, Bathroom 2, Bedroom 2, Bedroom 1, Bedroom 4, Bathroom 1
Patio and Porch features
Porch
Fencing
Fenced
Fireplace
1
Appliances
Electric Water Heater
Lot features
Alley
Directions
Waters Ave & 35th Street, East on 35th.
Standard status
Active
APN
20063 03003
Size
2,756 SF
Lot size
0.17 Acres
Taxes and HOA fees
Tax Description
Lot 61 & E 25 feet of lot 60, Oliver Ward
Legal Description
Lot 61 & E 25 feet of lot 60, Oliver Ward
Utilities
Sewer type
Public Sewer
Heating system
Electric (Heating), Central
Cooling system
Electric, Central Air
Water source
Public
Amenities
high ceilings
original hardwood floors
living room fireplace
walk out front balcony
metal roof
sunroom
fenced back yards
Building Details
Year built
1925
Floors in Building
2
Flooring type
Hardwood
Building materials
Frame
Roof type
Metal
Architectural style
Other
Listing Agency:
Savannah Home Realty
(912) 655-5827
Listed By:
David W. Wessel · License #293276
(912) 655-5827
Added: Jul 21
Changed: Aug 3
Last Checked: Aug 5 at 6:06PM
MLS# SA360536
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.
Duplex at 1111 E 35 Street, Savannah, GA 31404, built in 1925 on a 0.17-acre lot totaling 2,756 SF. The property features a frame exterior, hardwood flooring, and high ceilings that retain much of the original character. Each unit offers two bedrooms and one bathroom, plus a sunroom that can support an at-home office or reading room. Both units include a living room fireplace, and the upstairs unit includes a walk-out front balcony. The roof is metal, and the home has electric water heating along with electric heating and central cooling.
The duplex provides plenty of off-street parking and fenced back yards. Utilities include public water and public sewer. The home includes a porch, and it is positioned near the Waters Ave corridor for walkability to a bookstore, cafe, and restaurants.
The lower unit is vacant while the upper unit is leased.
The duplex provides plenty of off-street parking and fenced back yards. Utilities include public water and public sewer. The home includes a porch, and it is positioned near the Waters Ave corridor for walkability to a bookstore, cafe, and restaurants.
The lower unit is vacant while the upper unit is leased.
Key Highlights
- 0.17‑acre lot with 2,756 SF duplex built in 1925
- RSF5 zoning with public water and public sewer
- Fenced back yards plus plenty of off‑street parking
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 | $44.6k | $16.20 |
| − Vacancy | −$2.9k | −$1.05 |
| EGI | $41.7k | $15.15 |
| − OpEx | −$12.5k | −$4.54 |
| NOI | $29.2k | $10.60 |
2,756 SF · lease $16.20/SF/yr · vacancy 6.50% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$417.5K
$365.3K – $487.0K
NOI $29,222 @ 7.0% cap · market cap 7.31%
Second Best
Apartment 5plus
$387.1K
$338.7K – $451.7K
NOI $27,099 @ 7.0% cap · market cap 6.77%
Theoretical Best
Warehouse
$2.58M
$2.25M – $3.00M
NOI $180,296 @ 7.0% cap · market cap 45.07%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
475
Businesses Nearby
Explore this area
Business Placement
Demographics for 31404, GA
31,530
Population
14,427
Households
2.2
Avg Household Size
35
Median Age
28%
College-Educated
89%
High-School Grad
13.7 sq mi
ZIP Area
2,301
Density / Sq Mi
$49,805
Median Household Income
$31,620
Median Earnings
$1,199
Median Rent
$193,100
Median Home Value
Market
Vacancy Rate% for Multifamily in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Duplex - Zoned RSF5 duplex with metal roof, fireplaces in both units, and fenced back yards.
Where is this duplex located?
The property is located at 1111 E 35 Street Savannah, GA.
What is the asking price?
The asking price for this property is $400,000.
What are key features of this property?
This property features: 0.17‑acre lot with 2,756 SF duplex built in 1925; RSF5 zoning with public water and public sewer; Fenced back yards plus plenty of off‑street parking
