718 -724 E 35th Street, Savannah, GA 31401
MULTI_FAMILY - Other - Savannah, GA
- Added:
- Jun 14, 2026
- Days on Market:
- 4
- Last Refresh:
- Jun 17 at 7:06 am
Property Features for 718 -724 E 35th Street
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Zoning
- R4
- Bedrooms
- 12
- Bathrooms
- 8
- Rooms
- Bedroom 7, Bedroom 1, Bathroom 4, Bedroom 10, Bathroom 3, Bedroom 5, Bathroom 2, Bedroom 12, Bathroom 6, Bathroom 7, Bedroom 8, Bathroom 1, Bathroom 5, Bedroom 9, Bedroom 4, Bathroom 8, Bedroom 6, Bedroom 11, Bedroom 3, Bedroom 2
- Parking features
- Off Street
- Patio and Porch features
- Porch
- Fireplace
- 1
- Appliances
- Electric Water Heater
- Standard status
- Active
- APN
- 2-0064-17-021
- Size
- 6,028 SF
- Lot size
- 0.19 Acres
Taxes and HOA fees
- Tax Description
- LOTS 26, 27 AND 28 BLOCK D SCHWA RZ WARD
Utilities
- Sewer type
- Public Sewer
- Heating system
- Electric (Heating), Central
- Cooling system
- Central Air, Electric
- Water source
- Public
Building Details
- Year built
- 1940
- Floors in Building
- 2
- Number of units
- 4
- Flooring type
- Hardwood
- Building materials
- Asbestos, Frame
- Roof type
- Asphalt, Composition
- Architectural style
- Other
Listing agent Ben Barksdale License #262950 (912) 844-8772
Listing office Keller Williams Coastal Area P 329 Commercial Dr., Suite 100, Savannah, GA (912) 356-5001
Listing date Jun 14, 2026
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.
HighLights
- Quadplex built in 1940 with four units, each featuring 3 bedrooms and 2 full bathrooms
- Custom updated kitchens in each unit
- Hardwood flooring throughout; electric water heater and both electric and central heating
- Central air cooling (also electric) and an on‑site porch
- Fireplace included; off‑street parking
- Public water and public sewer; asphalt/composition roof and asbestos frame construction
Overview
The building is located at 718–724 E 35th Street in Savannah, Georgia (Chatham County), on a 0.19-acre lot. Zoning is listed as R4, supporting multifamily residential use.
For prospective buyers looking for a four-unit income property, the consistent unit layout can simplify planning and leasing, with each home offering the same three-bedroom, two-bath configuration. The updated kitchen improvements and renovation details described for all units may appeal to tenants seeking move-in-ready interiors. This is a for-sale multifamily opportunity totaling 6,028 square feet, presented as a turnkey option within the R4 zoning designation.
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 | $97.7k | $16.20 |
| − Vacancy | −$6.3k | −$1.05 |
| EGI | $91.3k | $15.15 |
| − OpEx | −$27.4k | −$4.54 |
| NOI | $63.9k | $10.60 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Savannah
- County
- Chatham
- State
- Georgia
- Longitude
- -81.088018
- Latitude
- 32.056078
