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Updated Triplex with Carriage House
For Sale
$849,900

829 E 34th Street, Savannah, GA 31401

Residential Income, Savannah, GA

Property Size4,605 SF
Lot Size0.08 Acres
Price / SF$184.56
Days on Market95

Property Features for 829 E 34th Street

General Information

Property type Residential Multi Family
Property subtype Triplex
Zoning R4
Bedrooms 7
Bathrooms 5
Full bathrooms 5
Half bathrooms 1
Rooms Bedroom 2, Bedroom 6, Bathroom 4, Bedroom 7, Bedroom 4, Bathroom 3, Bedroom 1, Bathroom 2, Bedroom 3, Bedroom 5, Bathroom 5, Bathroom 1
Parking features On Street
Exterior features Balcony
Fencing Privacy, Fenced
Appliances Electric Water Heater, Gas Water Heater
Directions Head West on Victory from the Truman Pkwy, Right Harmon, Left 34th. Property is on the corner of Harmon and 34th.
Standard status Active
APN 2005530001
Size 4,605 SF
Lot size 0.08 Acres

Taxes and HOA fees

Tax Year 2024
Tax Description LOT 82 AND EAST 10 FEET OF LOT 81 GRAYSON WARD
Tax Annual Amount 5489
Legal Description LOT 82 AND EAST 10 FEET OF LOT 81 GRAYSON WARD

Utilities

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

Amenities

private laundry facilities
outdoor space

Building Details

Year built 1900
Floors in Building 2
Number of units 3
Flooring type Wood, Tile
Listing Agency: Keller Williams Coastal Area P · Keller Williams Realty
Listed By: Kristin Brown · License #301485
Added: Jul 20 Changed: Oct 20 Last Checked: Oct 22 at 10:06PM
MLS# SA360847

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.

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Investment Insights

Based on property information with market context.

This 4,605-square-foot triplex includes two residences in the main building and a separate carriage house apartment. The lower-level residence offers three bedrooms and two bathrooms, while the upper unit has three bedrooms and one-and-a-half bathrooms. The carriage house adds a one-bedroom, one-bath apartment above ground-level storage. All three residences are occupied, and each includes private laundry access and outdoor space. Tile and wood flooring, central air, electric heating, public water, and public sewer are among the property features.

Built in 1900 on a 0.0836-acre lot, the property is zoned R4 and has on-street parking with fenced privacy features. Its Savannah setting is near Downtown, the Starland District, SCAD, area hospitals, shopping, dining, and Tybee Island beaches.

Key Highlights

  • Fully occupied triplex with three residences
  • 4,605 square feet on a 0.0836‑acre lot
  • Main building includes 3‑bedroom and 3‑bedroom residences

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$48,826
Cap Rate
5.74%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$976,520 $976.5K
Cap Rate 7%
$697,514 $697.5K
Cap Rate 9%
$542,511 $542.5K
Market Conditions
NOI Build-Up for 4,605 SF
Gross rent
$74.6K $16.20/SF
− Vacancy
−$4.8K −$1.05/SF
EGI
$69.8K $15.15/SF
− OpEx
−$20.9K −$4.54/SF
NOI
$48.8K $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%
$976,520
Cap Rate 7%
$697,514
Cap Rate 9%
$542,511

Alternative Uses

Best Use
Multifamily LT 5
$697.5K
$610.3K – $813.8K (±1% cap)
NOI $48,826 @ 7.0% cap · market cap 5.74%
Second Best
Apartment 5plus
$646.9K
$566.0K – $754.7K (±1% cap)
NOI $45,280 @ 7.0% cap · market cap 5.33%
Theoretical Best
Warehouse
$4.30M
$3.77M – $5.02M (±1% cap)
NOI $301,257 @ 7.0% cap · market cap 35.45%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

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Lease Details

3
Residential units
100%
Occupancy

Location Intelligence

Trade Area within ½ mile

610
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

Frequently Asked Questions

What type of property is this?
Triplex - Fully occupied three-unit property with private laundry, outdoor areas, and a separate apartment above storage.
Where is this triplex located?
The property is located at 829 E 34th Street Savannah, GA.
What is the asking price?
The asking price for this property is $849,900.
What are key features of this property?
This property features: Fully occupied triplex with three residences; 4,605 square feet on a 0.0836‑acre lot; Main building includes 3‑bedroom and 3‑bedroom residences
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