Remodeled Multi-Home
123 MCCALLMAN Road Jacksonville, FL 32218
For Sale
$1,450,000
MULTI_FAMILY - Jacksonville, FL
Property Size8,000 SF
Lot Size4.00 Acres
Price / SF$181.25
Days on Market196
Property Features for 123 MCCALLMAN Road
General Information
Property type
Residential Multi Family
Property subtype
Other
Parking features
Guest, Assigned
Standard status
Active
APN
0206830078
Size
8,000 SF
Lot size
4.00 Acres
Taxes and HOA fees
Tax Year
2025
Tax Annual Amount
1036
Utilities
Sewer type
Septic Tank
Water source
Well
Building Details
Year built
1945
Number of units
8
Roof type
Composition, Metal, Shingle
Listing Agency:
KELLER WILLIAMS REALTY ATLANTIC PARTNERS
(904) 247-0059
Listed By:
ERIC DREIBELBIS · License #3242953
(904) 339-3084
Added: Jan 12
Changed: Jul 9
Last Checked: Jul 27 at 4:06PM
MLS# 2124769
Copyright © 2026 realMLS. 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 residential income property includes 6 homes and 2 mobile homes, all separately parceled within an almost 4-acre site. The public remarks indicate the units have been remodeled and are currently rented, with stated upgrades including new cabinets and counters, new flooring, and AC units.
The property is located at 123 MCCALLMAN Road in Jacksonville, FL 32218 (Duval County). Access and tours are by confirmed appointment only, and buyers are instructed to verify all information including zoning, future use, and other details.
The offering is described as consisting of eight fully renovated rental units all on one parcel, with a vacant lot on site noted as providing room to expand. Owner financing is not available.
The property is located at 123 MCCALLMAN Road in Jacksonville, FL 32218 (Duval County). Access and tours are by confirmed appointment only, and buyers are instructed to verify all information including zoning, future use, and other details.
The offering is described as consisting of eight fully renovated rental units all on one parcel, with a vacant lot on site noted as providing room to expand. Owner financing is not available.
Key Highlights
- Nearly 4‑acre property with 6 homes and 2 mobile homes, all separately parceled
- All 8 units reportedly remodeled with new cabinets, counters, flooring, and AC units
- Currently 8 rented units with stated total rent of $10,500/month
Financial Insights For Apartment 5plus
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 | $132.5k | $16.56 |
| − Vacancy | −$12.7k | −$1.59 |
| EGI | $119.8k | $14.97 |
| − OpEx | −$53.9k | −$6.74 |
| NOI | $65.9k | $8.23 |
8,000 SF · lease $16.56/SF/yr · vacancy 9.60% · expense 45.00%
Alternative Uses
Best Use
Apartment 5plus
$941.0K
$823.4K – $1.10M
NOI $65,869 @ 7.0% cap · market cap 4.54%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$2.13M
$1.87M – $2.49M
NOI $149,376 @ 7.0% cap · market cap 10.30%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use
Frequently Asked Questions
What type of property is this?
Apartment building - A residential income property with 6 homes and 2 mobile homes on an almost 4-acre parcel, with all units rented.
Where is this apartment building located?
The property is located at 123 MCCALLMAN Road Jacksonville, FL.
What is the asking price?
The asking price for this property is $1,450,000.
What are key features of this property?
This property features: Nearly 4‑acre property with 6 homes and 2 mobile homes, all separately parceled; All 8 units reportedly remodeled with new cabinets, counters, flooring, and AC units; Currently 8 rented units with stated total rent of $10,500/month
