Renovated Four-Unit Apartment
718 -724 E 35th Street, Savannah, GA 31401
For Sale
New
$1,000,000
Residential Income, Savannah, GA
Property Size6,028 SF
Lot Size0.19 Acres
Price / SF$165.89
Days on Market4
Property Features for 718 -724 E 35th Street
General Information
Property type
Property subtype
Zoning
Bedrooms
Bathrooms
Full bathrooms
Rooms
Parking features
Patio and Porch features
Fireplace
Appliances
Lot features
Directions
Special listing conditions
Standard status
APN
Size
Lot size
Taxes and HOA fees
Tax Description
Legal Description
Utilities
Sewer type
Heating system
Cooling system
Water source
Building Details
Year built
Floors in Building
Number of units
Flooring type
Building materials
Roof type
Architectural style
Listing Agency:
Keller Williams Coastal Area P · Keller Williams Realty
(912) 356-5001
Listed By:
Ben Barksdale · License #262950
(912) 844-8772
Added: Nov 6
Changed: Nov 7
Last Checked: Nov 9 at 3:06AM
MLS# SA367456
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.
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This 6,028-square-foot quadplex contains four units, each configured with three bedrooms and two full bathrooms. Updated kitchens, hardwood flooring, central heating and air conditioning, and a porch are among the property’s features. The building dates to 1940 and has a newly installed composition and asphalt roof. Electric water heating, off-street parking, public water, and public sewer are also present.
The property occupies a 0.19-acre parcel in Savannah, Georgia, and is zoned R4. A fireplace is included among the building features.
The property occupies a 0.19-acre parcel in Savannah, Georgia, and is zoned R4. A fireplace is included among the building features.
Key Highlights
- Four units, each with 3 bedrooms and 2 full bathrooms
- 6,028 square feet on a 0.19‑acre parcel
- New roof; composition and asphalt materials
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$63,914
Cap Rate
6.39%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,278,280
$1.3M
Cap Rate 7%
$913,057
$913.1K
Cap Rate 9%
$710,156
$710.2K
Market Conditions
NOI Build-Up for 6,028 SF
Gross rent
$97.7K $16.20/SF
− Vacancy
−$6.3K −$1.05/SF
EGI
$91.3K $15.15/SF
− OpEx
−$27.4K −$4.54/SF
NOI
$63.9K $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%
$1,278,280
Cap Rate 7%
$913,057
Cap Rate 9%
$710,156
Alternative Uses
Best Use
Multifamily LT 5
$913.1K
$798.9K – $1.07M
NOI $63,914 @ 7.0% cap · market cap 6.39%
Second Best
Apartment 5plus
$846.8K
$740.9K – $987.9K
NOI $59,273 @ 7.0% cap · market cap 5.93%
Theoretical Best
Warehouse
$5.63M
$4.93M – $6.57M
NOI $394,349 @ 7.0% cap · market cap 39.43%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Lease Details
4
Residential units
Location Intelligence
Trade Area within ½ mile
964
Businesses Nearby
Explore this area
Business Placement
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
$477,600
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Average Price Trend$/SF for Quadplexes in Savannah, GA
Properties on Market for Quadplexes in Savannah
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Quadplex - Four residences offer three bedrooms and two full bathrooms apiece, with updated kitchens and a new roof.
Where is this quadplex located?
The property is located at 718 -724 E 35th Street Savannah, GA.
What is the asking price?
The asking price for this property is $1,000,000.
What are key features of this property?
This property features: Four units, each with 3 bedrooms and 2 full bathrooms; 6,028 square feet on a 0.19‑acre parcel; New roof; composition and asphalt materials
