Historic Up-and-Down
22 E 37th Street Savannah, GA 31401
New
22 E 37th Street, Savannah, GA, 31401
$650,000
For Sale
$650,000
Victorian, Other - Savannah, GA
Property Size1,920 SF
Lot Size0.07 Acres
Price / SF$338.54
Days on Market7
Property Features for 22 E 37th Street
General Information
- Property type
- Other
- Property subtype
- Duplex
- Zoning
- Mixed use,Multi Family,Single Family
- Bedrooms
- 4
- Bathrooms
- 2
- Rooms
- Bathroom 1, Bathroom 2, Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4
- Parking features
- Off Street, On Street
- Interior features
- Ceiling Fan(s)
- Exterior features
- Balcony
- Appliances
- Dishwasher, Dryer, Range, Refrigerator, Washer
- Standard status
- Active
- APN
- 2-0065-13-011
- Size
- 1,920 SF
- Lot size
- 0.07 Acres
Utilities
- Heating system
- Central, Electric (Heating)
- Cooling system
- Central Air, Electric
Building Details
- Year built
- 1900
- Flooring type
- Hardwood, Vinyl, Wood
- Roof type
- Asphalt
- Architectural style
- Victorian
Listing Agency
Engel & Völkers Savannah
(912) 238-0874
1650 East Victory Drive, Savannah, GA
Listed by
Jessica L. Kelly
Added: Jul 13 Checked: Jul 19 at 1:06 am
MLS# SA351089
Listing URL
Copyright © 2026 Engel & Völkers. 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.
Built circa 1900, this up-and-down duplex offers two bedrooms and one bath per unit. The property has undergone extensive improvements, including a new roof, new HVAC systems, updated electrical with new mast, panels, outlets, and switches, and new plumbing beneath the home. Interior updates include new flooring downstairs, new kitchens, updated tile bathrooms, new appliances, and upgraded lighting. Exterior work includes a full repaint with repaired siding, along with a newly installed back deck featuring reinforced stairs and railing, updated landscaping, and added security elements such as front-yard picket fencing and secure rear fencing. Door locks have also been updated, and the property includes off-street parking for three vehicles.
Located on E 37th Street in Savannah’s Thomas Square District, the home is described as steps from the Starland area and within walking distance to the Bull Street Corridor, SCAD, coffee shops, and local boutiques, with dining destinations listed across the street in the remarks.
Zoning is described as flexible, with mixed use, multi-family, and single-family classifications noted, along with a reference to TN-2 in the seller’s remarks.
Located on E 37th Street in Savannah’s Thomas Square District, the home is described as steps from the Starland area and within walking distance to the Bull Street Corridor, SCAD, coffee shops, and local boutiques, with dining destinations listed across the street in the remarks.
Zoning is described as flexible, with mixed use, multi-family, and single-family classifications noted, along with a reference to TN-2 in the seller’s remarks.
Key Highlights
- Circa 1900 Victorian up‑and‑down duplex with 2 bedrooms and 1 bath per unit
- Extensive major system updates including new roof, new HVAC systems, updated electrical (new mast, panels, outlets, switches), and new plumbing beneath the home
- Interior refresh with new flooring downstairs, new kitchens, updated tile bathrooms, new appliances, and 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 |
1,920 SF · lease $16.20/SF/yr · vacancy 6.50% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$290.8K
$254.5K – $339.3K
NOI $20,358 @ 7.0% cap · market cap 3.13%
Second Best
Apartment 5plus
$269.7K
$236.0K – $314.7K
NOI $18,879 @ 7.0% cap · market cap 2.90%
Theoretical Best
Warehouse
$1.79M
$1.57M – $2.09M
NOI $125,606 @ 7.0% cap · market cap 19.32%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Duplexes
Similar For Sale Nearby
FAQs
What type of property is this?
Duplex - Circa 1900 up-and-down duplex with extensive system upgrades, refreshed interiors, and off-street parking for three vehicles.
Where is this duplex located?
The property is located at 22 E 37th Street Savannah, GA.
What is the asking price?
The asking price for this property is $650,000.
What are key features of this property?
This property features: Circa 1900 Victorian up‑and‑down duplex with 2 bedrooms and 1 bath per unit; Extensive major system updates including new roof, new HVAC systems, updated electrical (new mast, panels, outlets, switches), and new plumbing beneath the home; Interior refresh with new flooring downstairs, new kitchens, updated tile bathrooms, new appliances, and lighting
