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Historic Duplex with Off-Street Parking
For Sale
$492,000

530 E 35th Street, Savannah, GA 31401

Residential Income, Savannah, GA

Property Size1,780 SF
Lot Size0.07 Acres
Price / SF$276.40
Days on Market53

Property Features for 530 E 35th Street

General Information

Property type Residential Multi Family
Property subtype Duplex
Zoning R4
Zoning description Multi Family
Bedrooms 4
Bathrooms 2
Full bathrooms 2
Rooms Bedroom 1, Bathroom 2, Bedroom 3, Bedroom 4, Bedroom 2, Bathroom 1
Interior features Ceiling Fan(s)
Fencing Privacy, Fenced
Appliances Electric Water Heater, Oven, Range, Dryer, Refrigerator, Washer
Subdivision Midtown Savannah
Lot features Alley, City Lot, Historic District
Directions From Victory Drive, head north on Habersham Street. Turn right onto E 35th Street. The property will be on the right, between Price Street and E Broad Street.
Standard status Active
APN 2006413004
Size 1,780 SF
Lot size 0.07 Acres

Taxes and HOA fees

Tax Description LOT 157 GARTLAND WARD
Tax Annual Amount 3154
Legal Description LOT 157 GARTLAND WARD

Utilities

Sewer type Public Sewer
Heating system Electric (Heating), Central
Cooling system Electric, Central Air
Water source Public

Amenities

off-street parking
in-unit washer/dryer

Building Details

Year built 1920
Floors in Building 2
Flooring type Vinyl, Hardwood
Building materials Vinyl Siding
Roof type Metal
Listing Agency: Real Broker, LLC
Listed By: Nicole Williams · License #433489
Added: Aug 24 Changed: Oct 4 Last Checked: Oct 15 at 5:06AM
MLS# SA363274

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.

Built in 1920, this 1,780-square-foot duplex includes two residential units on a 0.0689-acre lot in Savannah’s Streetcar Historic District. Original hardwood flooring, vinyl flooring, vinyl siding, and a metal roof define the property’s character, while refreshed interiors, updated plumbing, ducted air conditioning, central heating and cooling, and ceiling fans provide contemporary functionality. Both units include a washer, dryer, refrigerator, oven, and range, and the property has privacy fencing with off-street parking.

The property is located at 530 E 35th Street in Savannah, GA 31401, near Thomas Square. PERC Coffee is identified as a backyard neighbor, with dining and shopping in the surrounding area. Public water and public sewer serve the property, which carries R4 zoning. The two-unit layout supports residential occupancy, leasing, or an owner-occupied arrangement with separate living space.

Key Highlights

  • 1920‑built duplex with 1,780 square feet across two residential units
  • Located in Savannah’s Streetcar Historic District near Thomas Square
  • 0.0689‑acre lot with privacy fencing and off‑street parking

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$18,873
Cap Rate
3.84%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$377,460 $377.5K
Cap Rate 7%
$269,614 $269.6K
Cap Rate 9%
$209,700 $209.7K
Market Conditions
NOI Build-Up for 1,780 SF
Gross rent
$28.8K $16.20/SF
− Vacancy
−$1.9K −$1.05/SF
EGI
$27.0K $15.15/SF
− OpEx
−$8.1K −$4.54/SF
NOI
$18.9K $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%
$377,460
Cap Rate 7%
$269,614
Cap Rate 9%
$209,700

Alternative Uses

Best Use
Multifamily LT 5
$269.6K
$235.9K – $314.6K (±1% cap)
NOI $18,873 @ 7.0% cap · market cap 3.84%
Second Best
Apartment 5plus
$250.0K
$218.8K – $291.7K (±1% cap)
NOI $17,503 @ 7.0% cap · market cap 3.56%
Theoretical Best
Warehouse
$1.66M
$1.46M – $1.94M (±1% cap)
NOI $116,447 @ 7.0% cap · market cap 23.67%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

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Current Use

Duplexes

Suggested Use

Top Pick HVAC Service Carpet & Flooring Store Pharmacy Plumbing Service Electrical Service Bakery

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

2
Residential units

Location Intelligence

Trade Area within ½ mile

1,506
Businesses Nearby

Demographics for 31401, GA

22,927
Population
11,832
Households
1.9
Avg Household Size
28
Median Age
48%
College-Educated
91%
High-School Grad
3.4 sq mi
ZIP Area
6,743
Density / Sq Mi
$50,182
Median Household Income
$27,309
Median Earnings
$1,428
Median Rent
$477,600
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025
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Frequently Asked Questions

What type of property is this?
Duplex - Two residential units feature refreshed interiors, updated plumbing, and dedicated washer and dryer appliances.
Where is this duplex located?
The property is located at 530 E 35th Street Savannah, GA.
What is the asking price?
The asking price for this property is $492,000.
What are key features of this property?
This property features: 1920‑built duplex with 1,780 square feet across two residential units; Located in Savannah’s Streetcar Historic District near Thomas Square; 0.0689‑acre lot with privacy fencing and off‑street parking
More about this property
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