Brick Quadplex with Off-Street
For Sale
$850,000
3801 Habersham Street, Savannah, GA 31405
Savannah, GA
Property Size2,912 SF
Price / SF$291.90
Days on Market48
Property Features for 3801 Habersham Street
General Information
Property type
Residential Multi Family
Property subtype
Quadruplex
Bedrooms
1
Bathrooms
1
Full bathrooms
1
Rooms
Bedroom 1
Standard status
Active
Size
2,912 SF
Building Details
Year built
1954
Listing Agency:
Engel & Volkers Savannah · Engel & Völkers
(912) 238-0874
Listed By:
Quintin Cowart
Added: Sep 10
Last Checked: Oct 27 at 5:06PM
MLS# SA362631
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.
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Investment Insights
Based on property information with market context.
This 2,912-square-foot quadplex at 3801 Habersham Street features a Savannah Grey Brick exterior and four residential units with abundant natural light. Interior details include original hardwood flooring, generous living areas, kitchens with ample counter space, oversized walk-in closets, and post-war tiled bathrooms with soaking tubs. The property retains architectural character associated with its mid-century construction while offering practical residential layouts.
Located in Ardsley Park, the property is approximately a 10-minute walk from Habersham Village, where residents can access a grocery store, pharmacy, dry cleaners, and local restaurants. Downtown Savannah, hospitals, universities, and shopping centers are also identified as accessible from the property. Resident off-street parking is available, with additional open street parking for guests.
Located in Ardsley Park, the property is approximately a 10-minute walk from Habersham Village, where residents can access a grocery store, pharmacy, dry cleaners, and local restaurants. Downtown Savannah, hospitals, universities, and shopping centers are also identified as accessible from the property. Resident off-street parking is available, with additional open street parking for guests.
Key Highlights
- 2,912‑square‑foot quadplex at 3801 Habersham Street
- Savannah Grey Brick exterior with original hardwood flooring
- Four residential units with spacious living areas and natural light
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$30,876
Cap Rate
3.63%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$617,520
$617.5K
Cap Rate 7%
$441,086
$441.1K
Cap Rate 9%
$343,067
$343.1K
Market Conditions
NOI Build-Up for 2,912 SF
Gross rent
$47.2K $16.20/SF
− Vacancy
−$3.1K −$1.05/SF
EGI
$44.1K $15.15/SF
− OpEx
−$13.2K −$4.54/SF
NOI
$30.9K $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%
$617,520
Cap Rate 7%
$441,086
Cap Rate 9%
$343,067
Alternative Uses
Best Use
Multifamily LT 5
$441.1K
$386.0K – $514.6K
NOI $30,876 @ 7.0% cap · market cap 3.63%
Second Best
Apartment 5plus
$409.0K
$357.9K – $477.2K
NOI $28,633 @ 7.0% cap · market cap 3.37%
Theoretical Best
Warehouse
$2.72M
$2.38M – $3.18M
NOI $190,502 @ 7.0% cap · market cap 22.41%
Zoning and permitted uses should be independently verified with authorities.
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Location Intelligence
Trade Area within ½ mile
559
Businesses Nearby
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Demographics for 31405, GA
38,069
Population
16,809
Households
2.3
Avg Household Size
36
Median Age
35%
College-Educated
90%
High-School Grad
31.2 sq mi
ZIP Area
1,220
Density / Sq Mi
$62,123
Median Household Income
$35,836
Median Earnings
$1,431
Median Rent
$304,800
Median Home Value
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Market
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Quadplex - Four-unit property with hardwood floors, spacious living areas, and walkable access to neighborhood services.
Where is this quadplex located?
The property is located at 3801 Habersham Street Savannah, GA.
What is the asking price?
The asking price for this property is $850,000.
What are key features of this property?
This property features: 2,912‑square‑foot quadplex at 3801 Habersham Street; Savannah Grey Brick exterior with original hardwood flooring; Four residential units with spacious living areas and natural light
