Jacksonville Duplex with Income
1357 W 22ND Street Jacksonville, FL 32209
1357 W 22ND Street, Jacksonville, FL, 32209
$199,000
For Sale
$199,000
MULTI_FAMILY - Jacksonville, FL
Property Size2,022 SF
Lot Size0.08 Acres
Price / SF$98.42
Days on Market149
Property Features for 1357 W 22ND Street
General Information
- Property type
- Residential Multi Family
- Property subtype
- Duplex
- Bedrooms
- 4
- Bathrooms
- 1
- Rooms
- Bedroom 4, Bathroom 1, Bedroom 3, Bedroom 1, Bedroom 2
- Parking features
- Off Street
- Appliances
- Electric Range, Refrigerator
- Standard status
- Active
- APN
- 0865890000
- Size
- 2,022 SF
- Lot size
- 0.08 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Annual Amount
- 4646
Utilities
- Sewer type
- Public Sewer
- Heating system
- Varies by Unit (Heating), Electric (Heating), Central
- Cooling system
- Varies by Unit, Central Air, Electric
- Water source
- Public
Building Details
- Year built
- 1953
- Floors in Building
- 2
- Number of units
- 2
- Flooring type
- Laminate, Vinyl
- Roof type
- Shingle
Listing Agency
SOLSTICE REALTY, LLC
(904) 386-1726
3617 CROWN POINT RD UNIT 8, FL
Listed by
JACQUES GUILLAUME · License #BK3077532
(904) 886-3100
Added: Feb 20 Checked: Jul 19 at 8:06 am
MLS# 2131274
Listing URL
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 multifamily property in Jacksonville, Florida, presents an opportunity for income generation. The duplex features two vacant units, each equipped with its own meter and HVAC system. The downstairs unit includes a new mini-split wall AC unit. Each unit offers three bedrooms, one bathroom, a family room, and a dining room. Located close to schools, major highways, the urban core, mass transportation, shopping centers, and a hospital, the property provides convenient access to various amenities. The property contains 2,022 square feet and is situated on a lot of 0.08 acres.
Key Highlights
- Duplex built in 1953 with both units currently vacant
- Each unit has its own meter and HVAC (downstairs unit has a new mini split wall AC)
- Unit layout: 3 bedrooms and 1 bathroom per side, plus family and dining room
Local 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 | $30.1k | $14.88 |
| − Vacancy | −$2.9k | −$1.43 |
| EGI | $27.2k | $13.45 |
| − OpEx | −$12.2k | −$6.05 |
| NOI | $15.0k | $7.40 |
2,022 SF · lease $14.88/SF/yr · vacancy 9.60% · expense 45.00%
Alternative Uses
Best Use
Multifamily LT 5
$271.2K
$237.3K – $316.4K
NOI $18,986 @ 7.0% cap · market cap 9.54%
Second Best
Apartment 5plus
$213.7K
$187.0K – $249.3K
NOI $14,959 @ 7.0% cap · market cap 7.52%
Theoretical Best
Office A
$553.9K
$484.7K – $646.2K
NOI $38,774 @ 7.0% cap · market cap 19.48%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
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FAQs
What type of property is this?
Duplex - Vacant duplex with separate meters, ideal for income generation.
Where is this duplex located?
The property is located at 1357 W 22ND Street Jacksonville, FL.
What is the asking price?
The asking price for this property is $199,000.
What are key features of this property?
This property features: Duplex built in 1953 with both units currently vacant; Each unit has its own meter and HVAC (downstairs unit has a new mini split wall AC); Unit layout: 3 bedrooms and 1 bathroom per side, plus family and dining room
