Corner-Lot
1902 Barnard Street, Savannah, GA 31401
MULTI_FAMILY - Victorian - Savannah, GA
Property size:
5,217 SFLot size:
0.05 AcresPrice / SF:
$162/SF- Added:
- May 5, 2026
- Days on Market:
- 62
- Last Refresh:
- Jul 5 at 9:06 pm
Property Features for 1902 Barnard Street
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Zoning
- TN-2
- Bedrooms
- 6
- Bathrooms
- 3
- Rooms
- Bathroom 1, Bedroom 2, Bedroom 1, Bathroom 2, Bedroom 4, Bedroom 6, Bathroom 3, Bedroom 3, Bedroom 5
- Parking features
- On Street
- Patio and Porch features
- Deck, Patio, Porch
- Interior features
- Fireplace
- Exterior features
- Balcony, Courtyard, Deck
- Fencing
- Fenced
- Fireplace
- 1
- Appliances
- Dishwasher, Electric Water Heater, Oven, Range, Refrigerator, Washer
- Standard status
- Active
- APN
- 2-0065-07-016
- Size
- 5,217 SF
- Lot size
- 0.05 Acres
Taxes and HOA fees
- Tax Description
- LOT A,B & C SUB OF LOT 25 ESTILL WARD
Utilities
- Utilities
- Cable Available
- Sewer type
- Public Sewer
- Heating system
- Electric (Heating), Central
- Cooling system
- Central Air, Electric
- Water source
- Public
Building Details
- Year built
- 1906
- Floors in Building
- 3
- Number of units
- 3
- Flooring type
- Tile, Hardwood, Carpet, Wood
- Building materials
- Block, Concrete, Stone
- Roof type
- Composition, Metal
- Architectural style
- Victorian
Listing agent Sarah Sullivan License #419783 (912) 346-7109
Listing office McIntosh Realty Team LLC 602 Mall Blvd, Savannah, GA (912) 436-6551
Listing date May 5, 2026
MLS# SA355393
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.
HighLights
- 1906‑built Victorian corner‑lot triplex with 6 bedrooms and multiple baths across three units
- Zoned TN‑2, allowing flexible use including owner‑occupied STVR and long‑term rental options
- Front porch plus private balcony and courtyard for each unit’s outdoor entertaining space
- Fireplace available; interiors feature high ceilings with hardwood and tile flooring
- Updated major systems reported, including newer HVAC, roof, and porch
- Public utilities include public water and public sewer; central air with electric heating and electric water heater
Overview
Corner-lot, Victorian-style three-unit triplex at 1902 Barnard Street in Savannah, built for bright, livable interiors and everyday comfort. Each unit features high ceilings, hardwood floors, and abundant natural light. Outdoor spaces include a welcoming front porch, a private balcony, and a courtyard, creating multiple options for relaxing or hosting. The property is described as meticulously maintained with updated major systems, including newer HVAC, roof, and porch, offering a move-in ready setup for an owner or operator.
Zoned TN-2, the property is presented with flexible use considerations, including owner-occupied short-term vacation rental (STVR) and long-term rental options. It is positioned in the Thomas Square/Starland District and is described as being within walking distance of Forsyth Park, SCAD buildings, Foxy Loxy Cafe, and the Starland dining and shopping scene.
For tenants or buyers seeking a multifamily asset with established residential features and outdoor amenities, this triplex offers a straightforward, turnkey configuration. The combination of TN-2 zoning flexibility and unit-level finishes such as hardwood floors and high ceilings may appeal to operators looking to support either long-term leasing or owner-occupied STVR use, depending on how the zoning is applied to the intended operation.
Zoned TN-2, the property is presented with flexible use considerations, including owner-occupied short-term vacation rental (STVR) and long-term rental options. It is positioned in the Thomas Square/Starland District and is described as being within walking distance of Forsyth Park, SCAD buildings, Foxy Loxy Cafe, and the Starland dining and shopping scene.
For tenants or buyers seeking a multifamily asset with established residential features and outdoor amenities, this triplex offers a straightforward, turnkey configuration. The combination of TN-2 zoning flexibility and unit-level finishes such as hardwood floors and high ceilings may appeal to operators looking to support either long-term leasing or owner-occupied STVR use, depending on how the zoning is applied to the intended operation.
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 | $84.5k | $16.20 |
| − Vacancy | −$5.5k | −$1.05 |
| EGI | $79.0k | $15.15 |
| − OpEx | −$23.7k | −$4.54 |
| NOI | $55.3k | $10.60 |
5,217 SF · lease $16.20/SF/yr · vacancy 6.50% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$790.2K
$691.4K – $921.9K
NOI $55,315 @ 7.0% cap · market cap 6.52%
Second Best
Apartment 5plus
$732.8K
$641.2K – $855.0K
NOI $51,298 @ 7.0% cap · market cap 6.04%
Theoretical Best
Warehouse
$4.88M
$4.27M – $5.69M
NOI $341,294 @ 7.0% cap · market cap 40.20%
Zoning and permitted uses should be independently verified with local authorities.
Property Profile
Location Intelligence
Current Use by Public Records
Triplexes
Location Insight
- Map
- Local Demand
- City
- Savannah
- County
- Chatham
- State
- Georgia
- Longitude
- -81.101495
- Latitude
- 32.05919
Nearby Similar for Sale
FAQs
What type of property is this?
Triplex - Zoned TN-2 three-unit property with updated roof, HVAC, and porch, plus outdoor spaces for tenant and guest use.
Where is this triplex located?
The property is located at 1902 Barnard Street Savannah, GA.
What is the asking price?
The asking price for this property is $849,000.
What are key features of this property?
This property features: 1906‑built Victorian corner‑lot triplex with 6 bedrooms and multiple baths across three units; Zoned TN‑2, allowing flexible use including owner‑occupied STVR and long‑term rental options; Front porch plus private balcony and courtyard for each unit’s outdoor entertaining space
