Historic Up-Down Duplex With
22 E 37th Street Savannah, GA 31401
22 E 37th Street, Savannah, GA, 31401
$650,000
For Sale
$650,000
MULTI_FAMILY - Victorian - Savannah, GA
Property Size1,920 SF
Lot Size0.07 Acres
Price / SF$338.54
Days on Market120
Property Features for 22 E 37th Street
General Information
- Property type
- Residential Multi Family
- Property subtype
- Duplex
- Zoning
- TN-2
- Bedrooms
- 4
- Bathrooms
- 2
- Rooms
- Bedroom 4, Bedroom 2, Bedroom 1, Bathroom 2, Bedroom 3, Bathroom 1
- Parking features
- On Street, Off 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
- Central Air, Electric
- Water source
- Public
Building Details
- Year built
- 1900
- Floors in Building
- 2
- Number of units
- 2
- Flooring type
- Hardwood, Vinyl, Wood
- Building materials
- Frame, Wood Siding
- Roof type
- Asphalt
- Architectural style
- Victorian
Listing Agency
Engel & Volkers
(912) 238-0874
1650 E Victory Drive, Savannah, GA
Listed by
Jessica L. Kelly · License #270287
(912) 441-9101
Added: Mar 23 Updated: Jul 18 at 7:22 am Checked: Jul 20 at 1:06 pm
MLS# SA351089
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.
Investment Insights
Based on property information with market context.
This circa 1900 up-and-down duplex features two separate units, each offering two bedrooms and one bath. The property has undergone extensive improvements, including a new roof, new HVAC systems, updated electrical with a new mast, panels, outlets, and switches, and new plumbing beneath the home. Interior updates include refreshed flooring downstairs, new kitchens, updated tile bathrooms, new appliances, and lighting. Exterior work includes full repainting with repaired siding, a newly installed back deck with reinforced stairs and railing, and updated landscaping. Additional details include a charming front yard picket fence, secure rear fencing, and newly installed door locks, along with off-street parking for three vehicles.
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.
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 up‑and‑down duplex in Savannah’s Thomas Square District with Victorian style
- Nearly all major systems updated: new roof, new HVAC systems, updated electrical (new mast, panels, outlets, switches), and new plumbing beneath the home
- Each unit offers 2 bedrooms and 1 bathroom
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 two 2BR/1BA units 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 up‑and‑down duplex in Savannah’s Thomas Square District with Victorian style; Nearly all major systems updated: new roof, new HVAC systems, updated electrical (new mast, panels, outlets, switches), and new plumbing beneath the home; Each unit offers 2 bedrooms and 1 bathroom
