Restored Victorian Duplex Near
407 W 35th Street Savannah, GA 31401
407 W 35th Street, Savannah, GA, 31401
$950,000
For Sale
$950,000
MULTI_FAMILY - Victorian - Savannah, GA
Property Size2,928 SF
Lot Size0.11 Acres
Price / SF$324.45
Days on Market288
Property Features for 407 W 35th Street
General Information
- Property type
- Residential Multi Family
- Property subtype
- Duplex
- Zoning
- TC-2
- Bedrooms
- 5
- Bathrooms
- 4
- Rooms
- Bedroom 3, Bathroom 3, Bathroom 2, Bedroom 4, Bedroom 5, Bathroom 1, Bedroom 1, Bathroom 4, Bedroom 2
- Parking features
- Off Street, Garage
- Interior features
- Ceiling Fan(s), Fireplace
- Fencing
- Privacy
- Fireplace
- 1
- Appliances
- Some Electric Appliances, Some Gas Appliances, Cooktop, Dishwasher, Disposal, Ice Maker, Microwave, Range, Range Hood, Self Cleaning Oven, Tankless Water Heater, Dryer, Refrigerator, Washer
- Standard status
- Active
- APN
- 2006643011
- Size
- 2,928 SF
- Lot size
- 0.11 Acres
Taxes and HOA fees
- Tax Year
- 2024
- Tax Description
- WEST 15 FEET OF LOT 1 AND EAST 30 FEET OF LOT 2 DUNCAN WARD
- Tax Annual Amount
- 10332
Utilities
- Utilities
- Cable Available
- Sewer type
- Public Sewer
- Heating system
- Electric (Heating), Central
- Cooling system
- Central Air, Electric
- Water source
- Public
Building Details
- Year built
- 1920
- Floors in Building
- 2
- Number of units
- 2
- Architectural style
- Victorian
Listing Agency
Realty One Group Inclusion
(912) 298-7200
7025 Hodgson Memorial Dr Suite, Savannah, GA
Listed by
Laura C. Celaya · License #392133
(912) 210-1494
Added: Oct 6, 2025 Updated: Jul 18 at 7:22 am Checked: Jul 20 at 1:06 pm
MLS# SA341101
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 exquisitely restored Victorian duplex, located steps from Forsyth Park in historic Savannah, blends timeless character with modern updates. The property features two fully renovated units that generate approximately $100,000 in annual rental income. Unit A, spanning 1,594 square feet, includes 3 bedrooms and 2 bathrooms, featuring a spacious primary suite with a double vanity and walk-in shower. The gourmet kitchen is equipped with high-end appliances, a gas cooktop, an island, and a walk-in pantry. Family and dining rooms each feature fireplaces. Unit B, encompassing 1,334 square feet, offers 2 bedrooms and 2 bathrooms, an open floor plan, and fireplaces in both bedrooms. The hall bath includes a double vanity and tub/shower combo, and there is in-unit laundry. Exterior features include a privacy fence, off-street parking, and landscaped grounds. The property, zoned TC-2, sits on a 0.11-acre lot. The property is conveniently located near shopping, dining, and the charm of Historic Savannah. The property is intended for use as a multi-family residential income property.
Key Highlights
- Fully renovated Victorian duplex in Historic Savannah with 2 units, fireplaces, and updated kitchens and baths
- Unit A: 1,594 SF with 3 bedrooms, 2 bathrooms, primary suite with double vanity and walk‑in shower, and fireplaces in family and dining rooms
- Unit B: 1,334 SF with 2 bedrooms, 2 bathrooms, open floor plan, fireplaces in both bedrooms, and in‑unit laundry
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 | $47.4k | $16.20 |
| − Vacancy | −$3.1k | −$1.05 |
| EGI | $44.4k | $15.15 |
| − OpEx | −$13.3k | −$4.54 |
| NOI | $31.0k | $10.60 |
2,928 SF · lease $16.20/SF/yr · vacancy 6.50% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$443.5K
$388.1K – $517.4K
NOI $31,045 @ 7.0% cap · market cap 3.27%
Second Best
Apartment 5plus
$411.3K
$359.9K – $479.9K
NOI $28,791 @ 7.0% cap · market cap 3.03%
Theoretical Best
Warehouse
$2.74M
$2.39M – $3.19M
NOI $191,548 @ 7.0% cap · market cap 20.16%
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 - Historic Savannah duplex with two renovated units and strong rental income.
Where is this duplex located?
The property is located at 407 W 35th Street Savannah, GA.
What is the asking price?
The asking price for this property is $950,000.
What are key features of this property?
This property features: Fully renovated Victorian duplex in Historic Savannah with 2 units, fireplaces, and updated kitchens and baths; Unit A: 1,594 SF with 3 bedrooms, 2 bathrooms, primary suite with double vanity and walk‑in shower, and fireplaces in family and dining rooms; Unit B: 1,334 SF with 2 bedrooms, 2 bathrooms, open floor plan, fireplaces in both bedrooms, and in‑unit laundry
