Three-Unit Triplex with Carriage
834 E Anderson St, Savannah, GA 31401
For Sale
$775,000
A duplex and detached garage-top residence create three separate rental units, each with in-unit laundry and a dishwasher.
Property Size2,980 SF
Price / SF$260.07
Days on Market9
Property Features for 834 E Anderson St
General Information
Standard status
Size
Property subtype
Occupancy
Site & Location
Neighborhood
Additional Details
Multifamily Units
Tenant in Place
Amenities
in-unit laundry
dishwasher
Building Details
Year Built
Buildings
Listing Agency:
Seaport Real Estate Group
Listed By:
Ryan Jennings · License #455482
(912) 341-3347
Source:
Myhomesearchtriangle
Added: Oct 29
Changed: Nov 6
Last Checked: Nov 6 at 9:32AM
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 Seaport Real Estate Group
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Investment Insights
Based on property information with market context.
Built in 2025, this triplex contains 2,980 square feet across three rental units: a duplex and a separate carriage house above a garage. The units have contemporary finishes, durable flooring, solid wood cabinetry, and energy-efficient mechanical systems. Each residence includes a dishwasher and private in-unit laundry. The garage is also rented separately.
The property is at 834 E Anderson St in Savannah, next to the Laundry Diner. All three units are occupied, with active leases in place.
The property is at 834 E Anderson St in Savannah, next to the Laundry Diner. All three units are occupied, with active leases in place.
Key Highlights
- Three rental units in a duplex and detached carriage house configuration
- 2,980‑square‑foot property built in 2025
- Each unit includes private in‑unit laundry and a dishwasher
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$31,597
Cap Rate
4.08%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$631,940
$631.9K
Cap Rate 7%
$451,386
$451.4K
Cap Rate 9%
$351,078
$351.1K
Market Conditions
NOI Build-Up for 2,980 SF
Gross rent
$48.3K $16.20/SF
− Vacancy
−$3.1K −$1.05/SF
EGI
$45.1K $15.15/SF
− OpEx
−$13.5K −$4.54/SF
NOI
$31.6K $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%
$631,940
Cap Rate 7%
$451,386
Cap Rate 9%
$351,078
Alternative Uses
Best Use
Multifamily LT 5
$451.4K
$395.0K – $526.6K
NOI $31,597 @ 7.0% cap · market cap 4.08%
Second Best
Apartment 5plus
$418.6K
$366.3K – $488.4K
NOI $29,302 @ 7.0% cap · market cap 3.78%
Theoretical Best
Warehouse
$2.78M
$2.44M – $3.25M
NOI $194,950 @ 7.0% cap · market cap 25.15%
Zoning and permitted uses should be independently verified with authorities.
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Lease Details
3
Residential units
100%
Occupancy
Location Intelligence
Trade Area within ½ mile
684
Businesses Nearby
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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
$477,600
Median Home Value
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Market
Average Price Trend$/SF for Triplexes in Savannah, GA
Properties on Market for Triplexes in Savannah
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Triplex - A duplex and detached garage-top residence create three separate rental units, each with in-unit laundry and a dishwasher.
Where is this triplex located?
The property is located at 834 E Anderson St Savannah, GA.
What is the asking price?
The asking price for this property is $775,000.
What are key features of this property?
This property features: Three rental units in a duplex and detached carriage house configuration; 2,980‑square‑foot property built in 2025; Each unit includes private in‑unit laundry and a dishwasher
