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Triplex with Studio Income
For Sale
$589,000

1113 Grant Street, Brunswick, GA 31520

MULTI_FAMILY - Victorian - Brunswick, GA

Property Size2,866 SF
Lot Size0.19 Acres
Price / SF$205.51
Days on Market93

Property Features for 1113 Grant Street

General Information

Property type Residential Multi Family
Property subtype Other
Zoning description Commercial
Bedrooms 4
Bathrooms 4
Full bathrooms 4
Rooms Bedroom 1, Bedroom 4, Bathroom 2, Bedroom 2, Bathroom 4, Bathroom 3, Bedroom 3, Bathroom 1
Parking 6
Parking features Off Street
Interior features Ceiling Fan(s)
Basement Crawl Space
Appliances Dryer, Dishwasher, Electric Range, Microwave, Range, Refrigerator, Range Hood, Washer
Subdivision Old Town
Lot features City Lot
Elementary school Oglethorpe
Middle school Glynn Middle School
High school Glynn Academy
Directions From Newcastle Street, travel south towards Hanover Square. Turn Right onto Grant Street and home will be on the left. (two houses down from St Francis Xavier Private School.)
Standard status Active
APN 01-00966
Size 2,866 SF
Lot size 0.19 Acres

Taxes and HOA fees

Tax Year 2025
Tax Description PTN Lot 73 Old Town
Tax Annual Amount 3932
Legal Description PTN Lot 73 Old Town

Utilities

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

Building Details

Year built 1910
Flooring type Tile, Hardwood
Building materials Wood Siding
Roof type Metal
Architectural style Victorian
Listing Agency: BHHS Hodnett Cooper Real Estate BWK · Berkshire Hathaway HomeServices
Listed By: Erin Vaughn · License #321425
Added: May 1 Changed: Jul 29 Last Checked: Aug 1 at 3:06AM
MLS# 1661677

Copyright © 2026 Golden Isles Association of REALTORS. 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 Victorian-style three-level triplex offers three separate apartments within one home, with a shared laundry room and a rear deck. The main level features a 2-bedroom, 2-bath unit. The second level includes a 1-bedroom, 1-bath unit with office space. The third level provides a studio apartment with a bathroom that is currently the only unit leased, offering immediate income, and the property is being sold partially furnished.

The property is situated on a lot that spans from Grant Street to Bay Street. It is zoned General Commercial, which may support a range of investment directions including continued residential income or future commercial use. The location is across the street from historic Hanover Square.

All units are separately metered for power and water, with three separate meters. Additional shared amenities include the laundry room, and included tenant rent covers utilities such as electricity, water/sewer, internet, and lawn maintenance.

Key Highlights

  • Triplex with three apartments across three levels: 2BR/2BA, 1BR/1BA + office, and a studio with bathroom
  • Central heating and central air with electric heating/cooling; ceiling fans and mixed flooring including tile and hardwood
  • Appliances include dishwasher, electric range, microwave, range hood, washer, dryer, and refrigerator

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 $36.1k $12.60
− Vacancy −$2.3k −$0.82
EGI $33.8k $11.78
− OpEx −$10.1k −$3.53
NOI $23.6k $8.25
2,866 SF · lease $12.60/SF/yr · vacancy 6.50% · expense 30.00%

Alternative Uses

Best Use
Multifamily LT 5
$337.6K
$295.4K – $393.9K (±1% cap)
NOI $23,635 @ 7.0% cap · market cap 4.01%
Second Best
Apartment 5plus
$313.1K
$274.0K – $365.3K (±1% cap)
NOI $21,917 @ 7.0% cap · market cap 3.72%
Theoretical Best
Office A
$594.8K
$520.5K – $693.9K (±1% cap)
NOI $41,636 @ 7.0% cap · market cap 7.07%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Current Use

Triplexes

Suggested Use

Top Pick Pharmacy Kitchen & Bath Showroom Electrical Service Skin Care Clinic (Bike/Boat/Book/etc) Store Computer & Electronic Repair

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

1,088
Businesses Nearby

Demographics for 31520, GA

22,726
Population
10,619
Households
2.1
Avg Household Size
39
Median Age
16%
College-Educated
84%
High-School Grad
20.1 sq mi
ZIP Area
1,131
Density / Sq Mi
$37,652
Median Household Income
$26,292
Median Earnings
$936
Median Rent
$135,100
Median Home Value

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Triplex - Three-unit triplex with separate power and water meters, including a currently leased studio and shared laundry and rear deck.
Where is this triplex located?
The property is located at 1113 Grant Street Brunswick, GA.
What is the asking price?
The asking price for this property is $589,000.
What are key features of this property?
This property features: Triplex with three apartments across three levels: 2BR/2BA, 1BR/1BA + office, and a studio with bathroom; Central heating and central air with electric heating/cooling; ceiling fans and mixed flooring including tile and hardwood; Appliances include dishwasher, electric range, microwave, range hood, washer, dryer, and refrigerator
More about this property
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