22 E 37th Street Savannah, GA 31401
MULTI_FAMILY - Victorian - Savannah, GA
Property Features for 22 E 37th Street
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Zoning
- TN-2
- Bedrooms
- 4
- Bathrooms
- 2
- Rooms
- Bedroom 2, Bedroom 1, Bathroom 2, Bedroom 4, Bedroom 3, Bathroom 1
- Parking features
- Off Street, On Street
- Patio and Porch features
- Porch
- Interior features
- Ceiling Fan(s), Pull Down Attic Stairs
- Exterior features
- Balcony
- Fireplace
- 1
- Appliances
- Dishwasher, Electric Water Heater, Oven, Range, Dryer, Refrigerator, Washer
- Standard status
- Active
- APN
- 2-0065-13-011
- Size
- 1,920 SF
- Lot size
- 0.07 Acres
Taxes and HOA fees
- Tax Description
- LOT A SUB OF LOT 49 & THE NORTH
Utilities
- Utilities
- Cable Available
- Sewer type
- Public Sewer
- Heating system
- Central, Electric (Heating)
- Cooling system
- Electric, Central Air
- Water source
- Public
Building Details
- Year built
- 1900
- Floors in Building
- 2
- Number of units
- 2
- Flooring type
- Wood, Hardwood, Vinyl
- Building materials
- Frame, Wood Siding
- Roof type
- Asphalt
- Architectural style
- Victorian
Listing agent Jessica L. Kelly License #270287 (912) 441-9101
Listing office Engel & Volkers 1650 E Victory Drive, Savannah, GA (912) 238-0874
Listing date Mar 23, 2026
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 on E 37th Street in the heart of Savannah’s Thomas Square District, the property is described as steps to Starland and directly across from dining destinations including Common Thread and Elizabeth on 37th. The remarks also indicate walkability to SCAD, coffee shops, and local boutiques. Zoning is listed as TN-2.
Key Highlights
- Circa 1900 Victorian up‑and‑down duplex with 4 bedrooms and 2 bathrooms total; each unit features 2 bedrooms and 1 bath
- Extensive system updates including new roof, new HVAC systems, updated electrical (new mast, panels, outlets, and switches), and new plumbing beneath the home
- Refreshed interiors with new flooring downstairs, new kitchens, updated tile bathrooms, new appliances, and updated lighting
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 | $31.1k | $16.20 |
| − Vacancy | −$2.0k | −$1.05 |
| EGI | $29.1k | $15.15 |
| − OpEx | −$8.7k | −$4.54 |
| NOI | $20.4k | $10.60 |
