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Renovated Duplex with Rental Cottage

856 E 35th Street Savannah, GA 31401

856 E 35th Street, Savannah, GA, 31401
$525,000
For Sale
Claim this Listing
$525,000

MULTI_FAMILY - Other - Savannah, GA

Property Size2,004 SF
Lot Size0.08 Acres
Price / SF$261.98
AddedApr 6
Days on Market101
Last RefreshJul 15 at 8:06 pm

Property Features for 856 E 35th Street

General Information

Property type
Residential Multi Family
Property subtype
Other
Zoning
R4
Bedrooms
4
Bathrooms
4
Rooms
Bathroom 2, Bathroom 3, Bedroom 2, Bedroom 1, Bedroom 3, Bathroom 4, Bedroom 4, Bathroom 1
Parking features
Underground/Basement, Off Street
Window features
Double Pane Windows
Patio and Porch features
Porch
Interior features
Ceiling Fan(s), Pull Down Attic Stairs
Appliances
Electric Water Heater, Dryer, Refrigerator, Washer
Standard status
Active
APN
2005530017
Size
2,004 SF
Lot size
0.08 Acres

Taxes and HOA fees

Tax Year
2025
Tax Description
LOT 86 AND EAST 7 FEET OF LOT 85 GRAYSON WARD
Tax Annual Amount
7088

Utilities

Utilities
Cable Available
Sewer type
Public Sewer
Heating system
Forced Air, Electric (Heating), Central
Cooling system
Central Air, Electric
Water source
Public

Building Details

Year built
1850
Floors in Building
2
Number of units
2
Flooring type
Tile - Ceramic, Carpet, Hardwood
Building materials
Concrete, Vinyl Siding
Roof type
Composition
Architectural style
Other

Listing agent Lana Halta Sanders License #238482

Listing office Engel & Volkers 1650 E Victory Drive, Savannah, GA

Listing date Apr 6, 2026

MLS# SA352923 Listing URL

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.

This renovated duplex, originally built in 1850 and fully renovated in 2019, features a detached, one-level 1-bedroom, 1-bathroom in-law cottage suitable for rental income. The main home includes front and back porches, large closets, granite countertops, stainless steel appliances, and an open-concept floor plan. A custom-built foyer bench with coat hooks is also featured. The property has two heating and cooling units and off-street parking. New ceramic tile flooring has been installed in the kitchen and foyer, along with updated LVP flooring. Situated on a quiet block, the property is conveniently located near downtown, the beach, and the Truman Parkway, with easy access to shopping and restaurants. The lot size is 0.078 acres. The property size is 2004 square feet. The zoning is R4.

Key Highlights

  • Built in 1850 and renovated in 2019 from the studs in.
  • Detached 1BD/1BA in‑law cottage ready to rent.
  • Main home with front and back porches and an open concept floor plan.

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 $32.5k $16.20
− Vacancy −$2.1k −$1.05
EGI $30.4k $15.15
− OpEx −$9.1k −$4.54
NOI $21.2k $10.60
2,004 SF · lease $16.20/SF/yr · vacancy 6.50% · expense 30.00%

Alternative Uses

Best Use
Multifamily LT 5
$303.5K
$265.6K – $354.1K (±1% cap)
NOI $21,248 @ 7.0% cap · market cap 4.05%
Second Best
Apartment 5plus
$281.5K
$246.3K – $328.4K (±1% cap)
NOI $19,705 @ 7.0% cap · market cap 3.75%
Theoretical Best
Warehouse
$1.87M
$1.64M – $2.19M (±1% cap)
NOI $131,101 @ 7.0% cap · market cap 24.97%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Duplexes

Suggested Use

HVAC Service Carpet & Flooring Store Home Appliance Store Plumbing Service Accounting Firm (Bike/Boat/Book/etc) Store Computer & Electronic Repair Pharmacy Electrical Service Locksmith

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Duplex - Renovated duplex with detached rental cottage near downtown Savannah.
Where is this duplex located?
The property is located at 856 E 35th Street Savannah, GA.
What is the asking price?
The asking price for this property is $525,000.
What are key features of this property?
This property features: Built in 1850 and renovated in 2019 from the studs in.; Detached 1BD/1BA in‑law cottage ready to rent.; Main home with front and back porches and an open concept floor plan.
Contact an agent
More about this property
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