Corner-Lot Triplex with
1902 Barnard Street Savannah, GA 31401
For Sale
$749,000
MULTI_FAMILY - Victorian - Savannah, GA
Property Size5,217 SF
Lot Size0.05 Acres
Price / SF$143.57
Days on Market10
Property Features for 1902 Barnard Street
General Information
- Property type
- Residential Multi Family
- Property subtype
- Triplex
- Zoning
- TN-2
- Bedrooms
- 6
- Bathrooms
- 3
- Rooms
- Bathroom 2, Bedroom 3, Bedroom 5, Bathroom 1, Bedroom 2, Bathroom 3, Bedroom 6, Bedroom 4, Bedroom 1
- Parking features
- On Street
- Patio and Porch features
- Deck, Porch, Patio
- 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, Wood, Hardwood
- Building materials
- Block, Concrete, Stone
- Roof type
- Composition, Metal
- Architectural style
- Victorian
Listing Agency:
McIntosh Realty Team LLC
(912) 436-6551
Listed By:
Sarah Sullivan · License #419783
(912) 346-7109
Added: Jul 15
Changed: Jul 17
Last Checked: Jul 24 at 9:06AM
MLS# SA360698
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.
Located at 1902 Barnard Street in Savannah, this corner-lot Victorian-style triplex offers three residential units within a single property. Two of the three units are currently leased. Interiors feature soaring ceilings, hardwood floors, and abundant natural light, with outdoor spaces including a front porch, a private balcony, and a courtyard.
The property is in the Thomas Square/Starland District and is described as being within walking distance to Forsyth Park and nearby dining and campus activity, including SCAD and Foxy Loxy Café. The home is zoned TN-2.
The seller notes recent major updates including newer HVAC systems, a newer roof, and porch improvements, supporting an easier maintenance outlook for an owner. The configuration and existing tenant occupancy make it suitable for investors seeking rental income while retaining the flexibility of an occupied-by-design multifamily asset under TN-2 zoning.
The property is in the Thomas Square/Starland District and is described as being within walking distance to Forsyth Park and nearby dining and campus activity, including SCAD and Foxy Loxy Café. The home is zoned TN-2.
The seller notes recent major updates including newer HVAC systems, a newer roof, and porch improvements, supporting an easier maintenance outlook for an owner. The configuration and existing tenant occupancy make it suitable for investors seeking rental income while retaining the flexibility of an occupied-by-design multifamily asset under TN-2 zoning.
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 7.39%
Second Best
Apartment 5plus
$732.8K
$641.2K – $855.0K
NOI $51,298 @ 7.0% cap · market cap 6.85%
Theoretical Best
Warehouse
$4.88M
$4.27M – $5.69M
NOI $341,294 @ 7.0% cap · market cap 45.57%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Triplexes
FAQs
What type of property is this?
Triplex - Immaculately maintained corner-lot triplex with two leased units and courtyard, porch, and balcony amenities.
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 $749,000.
