Four-Bedroom
For Sale
$300,000
626 W 36th Street, Savannah, GA 31415
Residential Income, Savannah, GA
Property Size1,732 SF
Lot Size0.07 Acres
Price / SF$173.21
Days on Market128
Property Features for 626 W 36th Street
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Zoning
RM25
Bedrooms
4
Bathrooms
3
Full bathrooms
2
Half bathrooms
1
Rooms
Bathroom 3, Bedroom 2, Bedroom 1, Bathroom 2, Bedroom 4, Bathroom 1, Bedroom 3
Subdivision
Owens Ward
Directions
Go west from Bull Street on 36th Street to 626 W 36th Street
Standard status
Active
APN
2006641012
Size
1,732 SF
Lot size
0.07 Acres
Taxes and HOA fees
Tax Year
2025
Tax Description
LOT 86 OWENS WD
Tax Annual Amount
3694
Legal Description
LOT 86 OWENS WD
Utilities
Sewer type
Public Sewer
Water source
Public
Building Details
Year built
1900
Floors in Building
2
Building materials
Wood Siding
Listing Agency:
Rawls Realty
(912) 450-1800
Listed By:
Charles E. Gilyard · License #107398
(912) 659-2249
Added: Jun 10
Changed: Sep 16
Last Checked: Oct 15 at 5:06AM
MLS# SA358007
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.
Recorded as a duplex, this 1,732-square-foot residential property contains four bedrooms and three bathrooms. The structure dates to 1900 and features wood siding, with public water and public sewer serving the property. The 0.0689-acre lot is zoned RM25.
Located in Savannah, the property carries a 31415 postal code and is identified at 626 W 36th Street. Its established residential configuration and duplex designation provide a clear basis for evaluating the asset as a residential income property.
Located in Savannah, the property carries a 31415 postal code and is identified at 626 W 36th Street. Its established residential configuration and duplex designation provide a clear basis for evaluating the asset as a residential income property.
Key Highlights
- Recorded duplex with 1,732 square feet of property size
- Four bedrooms and three bathrooms
- 0.0689‑acre lot zoned RM25
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
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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
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in South region
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Frequently Asked Questions
What type of property is this?
Duplex - Wood-sided duplex with public water and sewer service in Savannah’s 31415 postal area.
Where is this duplex located?
The property is located at 626 W 36th Street 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: Recorded duplex with 1,732 square feet of property size; Four bedrooms and three bathrooms; 0.0689‑acre lot zoned RM25
