Triplex With Carriage
For Sale
$359,000
928 W Victory Drive, Savannah, GA 31415
Residential Income, Savannah, GA
Property Size1,950 SF
Lot Size0.09 Acres
Price / SF$184.10
Days on Market258
Property Features for 928 W Victory Drive
General Information
Property type
Residential Multi Family
Property subtype
Triplex
Zoning
R4
Zoning description
Multi Family
Bedrooms
4
Bathrooms
4
Full bathrooms
4
Rooms
Bathroom 1, Bathroom 4, Bathroom 2, Bathroom 3, Bedroom 1, Bedroom 3, Bedroom 4, Bedroom 2
Parking features
Off Street, On Street, Garage
Patio and Porch features
Porch
Interior features
Ceiling Fan(s), Pull Down Attic Stairs
Fireplace
1
Appliances
Some Electric Appliances, Electric Water Heater
Subdivision
Cann Ward
Lot features
Alley, City Lot
Directions
From abercorn and victory turn left onto W Victory and the house is on your right
Standard status
Active
APN
2007339027
Size
1,950 SF
Lot size
0.09 Acres
Additional Details
Tenant in Place
Yes
Taxes and HOA fees
Tax Year
2025
Tax Description
LOT 52 CANN WARD
Tax Annual Amount
4286
Legal Description
LOT 52 CANN WARD
Utilities
Utilities
Cable Available
Sewer type
Public Sewer
Heating system
Central, Electric (Heating)
Cooling system
Electric, Central Air
Water source
Public
Building Details
Year built
1960
Floors in Building
1
Number of units
3
Building materials
Brick, Block, Wood Siding
Roof type
Metal
Architectural style
Bungalow
Listing Agency:
Epique Realty
(888) 893-3537
Listed By:
Ed Yannett · License #349501
(912) 844-9000
Added: Feb 13
Changed: Oct 26
Last Checked: Oct 29 at 2:06AM
MLS# SA348813
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.
Located at 928 W Victory Drive in Savannah, this 1,950-square-foot triplex combines a primary residence with a rear carriage house arranged as a duplex. The property contains three units on a 0.09-acre parcel, offering a compact multifamily configuration within an established residential setting. All three units are currently rented.
Built in 1960, the bungalow-style property features brick, block, and wood siding construction, a metal roof, central heating, and central air conditioning. Additional features include a porch, fireplace, ceiling fans, pull-down attic stairs, and a mix of off-street, garage, and on-street parking. The property is served by public water and public sewer and is zoned R4.
Built in 1960, the bungalow-style property features brick, block, and wood siding construction, a metal roof, central heating, and central air conditioning. Additional features include a porch, fireplace, ceiling fans, pull-down attic stairs, and a mix of off-street, garage, and on-street parking. The property is served by public water and public sewer and is zoned R4.
Key Highlights
- Three‑unit configuration with a primary residence and rear carriage house duplex
- All three units are currently rented
- 1,950 square feet on a 0.09‑acre parcel
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$20,676
Cap Rate
5.76%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$413,520
$413.5K
Cap Rate 7%
$295,371
$295.4K
Cap Rate 9%
$229,733
$229.7K
Market Conditions
NOI Build-Up for 1,950 SF
Gross rent
$31.6K $16.20/SF
− Vacancy
−$2.1K −$1.05/SF
EGI
$29.5K $15.15/SF
− OpEx
−$8.9K −$4.54/SF
NOI
$20.7K $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%
$413,520
Cap Rate 7%
$295,371
Cap Rate 9%
$229,733
Alternative Uses
Best Use
Multifamily LT 5
$295.4K
$258.5K – $344.6K
NOI $20,676 @ 7.0% cap · market cap 5.76%
Second Best
Apartment 5plus
$273.9K
$239.7K – $319.6K
NOI $19,174 @ 7.0% cap · market cap 5.34%
Theoretical Best
Warehouse
$1.82M
$1.59M – $2.13M
NOI $127,568 @ 7.0% cap · market cap 35.53%
Zoning and permitted uses should be independently verified with authorities.
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See the owner, sales and loan history
Open Analytics
Lease Details
3
Residential units
100%
Occupancy
Location Intelligence
Trade Area within ½ mile
601
Businesses Nearby
Explore this area
Business Placement
Demographics for 31415, GA
11,034
Population
5,591
Households
2
Avg Household Size
37
Median Age
15%
College-Educated
79%
High-School Grad
6.6 sq mi
ZIP Area
1,672
Density / Sq Mi
$37,890
Median Household Income
$28,229
Median Earnings
$973
Median Rent
$112,300
Median Home Value
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Market
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Triplex - R4-zoned property with three leased units, including a rear carriage house duplex and a primary residence.
Where is this triplex located?
The property is located at 928 W Victory Drive Savannah, GA.
What is the asking price?
The asking price for this property is $359,000.
What are key features of this property?
This property features: Three‑unit configuration with a primary residence and rear carriage house duplex; All three units are currently rented; 1,950 square feet on a 0.09‑acre parcel
