Historic Duplex
For Sale
$300,000
626 W 36th St, Savannah, GA 31415
Two-unit residential property with a historic construction date and established building footprint.
Property Size1,732 SF
Price / SF$173.21
Days on Market62
Property Features for 626 W 36th St
General Information
Standard status
Active
Size
1,732 SF
Property subtype
Multi-Family
Additional Details
Multifamily Units
2
Building Details
Year Built
1900
Listing Agency:
Rawls Realty
Listed By:
Charles E. Gilyard · License #107398
(912) 450-1800
Source:
Patrickrealestate
Added: Aug 15
Changed: Sep 18
Last Checked: Oct 7 at 2:47PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Rawls Realty
Investment Insights
Based on property information with market context.
This duplex property contains 1,732 square feet and dates to 1900. The building is located at 626 W 36th St in Savannah, Georgia 31415.
Key Highlights
- Duplex configuration
- 1,732 square feet
- Built in 1900
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$18,364
Cap Rate
6.12%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$367,280
$367.3K
Cap Rate 7%
$262,343
$262.3K
Cap Rate 9%
$204,044
$204.0K
Market Conditions
NOI Build-Up for 1,732 SF
Gross rent
$28.1K $16.20/SF
− Vacancy
−$1.8K −$1.05/SF
EGI
$26.2K $15.15/SF
− OpEx
−$7.9K −$4.54/SF
NOI
$18.4K $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%
$367,280
Cap Rate 7%
$262,343
Cap Rate 9%
$204,044
Alternative Uses
Best Use
Multifamily LT 5
$262.3K
$229.6K – $306.1K
NOI $18,364 @ 7.0% cap · market cap 6.12%
Second Best
Apartment 5plus
$243.3K
$212.9K – $283.9K
NOI $17,031 @ 7.0% cap · market cap 5.68%
Theoretical Best
Warehouse
$1.62M
$1.42M – $1.89M
NOI $113,307 @ 7.0% cap · market cap 37.77%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Current Use
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
1,424
Businesses Nearby
Explore this area
Business Placement
Demographics for 31415, GA
11,034
Population
5,591
Households
2
Avg Household Size
37
Median Age
15%
College-Educated
79%
High-School Grad
6.6 sq mi
ZIP Area
1,672
Density / Sq Mi
$37,890
Median Household Income
$28,229
Median Earnings
$973
Median Rent
$112,300
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
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Frequently Asked Questions
What type of property is this?
Duplex - Two-unit residential property with a historic construction date and established building footprint.
Where is this duplex located?
The property is located at 626 W 36th St Savannah, GA.
What is the asking price?
The asking price for this property is $300,000.
What are key features of this property?
This property features: Duplex configuration; 1,732 square feet; Built in 1900
