Renovated Duplex with Rental
856 E 35th Street Savannah, GA 31401
856 E 35th Street, Savannah, GA, 31401
$525,000
For Sale
$525,000
MULTI_FAMILY - Other - Savannah, GA
Property Size2,004 SF
Lot Size0.08 Acres
Price / SF$261.98
Days on Market106
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 Agency
Engel & Volkers
(912) 238-0874
1650 E Victory Drive, Savannah, GA
Listed by
Lana Halta Sanders · License #238482
(912) 507-4065
Added: Apr 6 Updated: Jul 8 at 7:50 pm Checked: Jul 20 at 1:06 pm
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
NOI $21,248 @ 7.0% cap · market cap 4.05%
Second Best
Apartment 5plus
$281.5K
$246.3K – $328.4K
NOI $19,705 @ 7.0% cap · market cap 3.75%
Theoretical Best
Warehouse
$1.87M
$1.64M – $2.19M
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
Similar For Sale Nearby
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.
