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Victorian Triplex with Fireplaces

21 W 36th Street, Savannah, GA 31401

For Sale
$1,100,000

Residential Income, Savannah, GA

Property Size3,746 SF
Lot Size0.20 Acres
Price / SF$293.65
Days on Market9

Property Features for 21 W 36th Street

General Information

Property type Residential Multi Family
Property subtype Triplex
Zoning TN-2
Zoning description Multi Family
Bedrooms 8
Bathrooms 5
Full bathrooms 5
Rooms Basement, Bathroom 2, Bedroom 4, Bathroom 5, Bedroom 3, Bedroom 2, Bedroom 5, Bedroom 7, Bathroom 1, Bathroom 4, Bedroom 1, Bathroom 3, Bedroom 6, Bedroom 8
Parking features Off Street, Parking Lot
Patio and Porch features Porch
Interior features Pull Down Attic Stairs, Fireplace
Exterior features Balcony
Fencing Privacy, Fenced
Fireplace 1
Appliances Dryer, Dishwasher, Electric Water Heater, Oven, Range, Refrigerator, Range Hood, Washer
Subdivision Starland Design Center
Lot features Back Yard, Corner Lot, City Lot, Private
Directions Starland Arts District - Corner of Whitaker Street and West 36th Street.
Standard status Active
APN 2006512001
Size 3,746 SF
Lot size 0.20 Acres

Taxes and HOA fees

Tax Year 2022
Tax Description LOTS 20 AND 35 ESTILL WARD
Legal Description LOTS 20 AND 35 ESTILL WARD

Utilities

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

Amenities

original hardwood floors
9 fireplaces
high ceilings
pocket doors

Building Details

Year built 1900
Floors in Building 2
Flooring type Hardwood, Tile
Building materials Frame, Wood Siding
Roof type Composition, Asphalt
Architectural style Victorian
Buildings 1
Listing Agency: Seaport Real Estate Group
Listed By: Jane G. Kemp · License #425943
Added: Oct 29 Changed: Oct 31 Last Checked: Nov 6 at 11:06PM
MLS# SA367006

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.

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Investment Insights

Based on property information with market context.

Built in 1900, this 3,746-square-foot Victorian property contains three residences: a four-bedroom, two-bath unit upstairs, a three-bedroom, two-bath unit on the main floor, and a one-bedroom, one-bath unit. Original hardwood floors, high ceilings, pocket doors and 9 fireplaces contribute to the building’s interior character. The property also has a balcony, porch and off-street parking.

The building occupies a 0.197-acre corner lot in Savannah and is zoned TN-2. Nearby points of interest named include the Gingerbread House, Bull Street Library, Arnold Hall and Foxy Loxy.

Key Highlights

  • Three units: 4 bedrooms/2 baths, 3 bedrooms/2 baths, and 1 bedroom/1 bath
  • 3,746‑square‑foot building on a 0.197‑acre corner lot
  • Nine fireplaces, hardwood floors, high ceilings and pocket doors

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$39,718
Cap Rate
3.61%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$794,360 $794.4K
Cap Rate 7%
$567,400 $567.4K
Cap Rate 9%
$441,311 $441.3K
Market Conditions
NOI Build-Up for 3,746 SF
Gross rent
$60.7K $16.20/SF
− Vacancy
−$3.9K −$1.05/SF
EGI
$56.7K $15.15/SF
− OpEx
−$17.0K −$4.54/SF
NOI
$39.7K $10.60/SF
Area
Savannah, GA
Vacancy
6.50%
Lease Rate
$16.20 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$794,360
Cap Rate 7%
$567,400
Cap Rate 9%
$441,311

Alternative Uses

Best Use
Multifamily LT 5
$567.4K
$496.5K – $662.0K (±1% cap)
NOI $39,718 @ 7.0% cap · market cap 3.61%
Second Best
Apartment 5plus
$526.2K
$460.4K – $613.9K (±1% cap)
NOI $36,834 @ 7.0% cap · market cap 3.35%
Theoretical Best
Warehouse
$3.50M
$3.06M – $4.08M (±1% cap)
NOI $245,062 @ 7.0% cap · market cap 22.28%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Lease Details

3
Residential units

Location Intelligence

Trade Area within ½ mile

1,650
Businesses Nearby

Demographics for 31401, GA

22,927
Population
11,832
Households
1.9
Avg Household Size
28
Median Age
48%
College-Educated
91%
High-School Grad
3.4 sq mi
ZIP Area
6,743
Density / Sq Mi
$50,182
Median Household Income
$27,309
Median Earnings
$1,428
Median Rent
$477,600
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Average Price Trend$/SF for Triplexes in Savannah, GA

$244 Jul
$253 Aug
$262 Sep
$266 Oct

Properties on Market for Triplexes in Savannah

Jul
Aug
Sep
Oct

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025

Frequently Asked Questions

What type of property is this?
Triplex - Three residences share TN-2 zoning, a corner parcel and off-street parking.
Where is this triplex located?
The property is located at 21 W 36th Street Savannah, GA.
What is the asking price?
The asking price for this property is $1,100,000.
What are key features of this property?
This property features: Three units: 4 bedrooms/2 baths, 3 bedrooms/2 baths, and 1 bedroom/1 bath; 3,746‑square‑foot building on a 0.197‑acre corner lot; Nine fireplaces, hardwood floors, high ceilings and pocket doors
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