Two-Unit Duplex Income
1427 HART Street Jacksonville, FL 32209
1427 HART Street, Jacksonville, FL, 32209
$169,000
For Sale
$169,000
MULTI_FAMILY - Jacksonville, FL
Property Size1,368 SF
Lot Size0.09 Acres
Price / SF$123.54
Days on Market74
Property Features for 1427 HART Street
General Information
- Property type
- Residential Multi Family
- Property subtype
- Duplex
- Bedrooms
- 6
- Bathrooms
- 2
- Rooms
- Bedroom 3, Bedroom 1, Bedroom 5, Bedroom 4, Bedroom 6, Bathroom 2, Bathroom 1, Bedroom 2
- Parking features
- On Street
- Standard status
- Active
- APN
- 0529650000
- Size
- 1,368 SF
- Lot size
- 0.09 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Annual Amount
- 3137
Utilities
- Heating system
- Central
- Cooling system
- Central Air
Building Details
- Year built
- 1942
- Floors in Building
- 1
- Number of units
- 2
Listing Agency
MOMENTUM REALTY
(904) 903-1558
13475 Atlantic Blvd Ste 8 Office S206, Jacksonville, FL
Listed by
CHRISTOPHER MOORE · License #3389080
(904) 606-9163
Added: May 7 Checked: Jul 19 at 6:06 pm
MLS# 2144064
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 duplex includes two separate 3-bedroom, 1-bath units. Unit 1429 Hart is currently rented and described as being in good condition. Unit 1427 Hart is vacant and needs repairs related to normal wear and tear, with photos reflecting the current condition. The property features updates completed in 2020, including roof, HVAC, electrical, plumbing, interior and exterior paint, bathroom updates, windows, and exterior fencing.
The property is located near Downtown Jacksonville, just minutes from the Greyhound bus station, major highways, restaurants, nightlife, and EverBank Stadium, with the area also noted as being near ongoing downtown riverfront redevelopment and new construction projects.
Buyers should verify all information, including square footage, zoning, and permitted use.
The property is located near Downtown Jacksonville, just minutes from the Greyhound bus station, major highways, restaurants, nightlife, and EverBank Stadium, with the area also noted as being near ongoing downtown riverfront redevelopment and new construction projects.
Buyers should verify all information, including square footage, zoning, and permitted use.
Key Highlights
- Duplex with two 3‑bedroom, 1‑bath units at 1429 Hart and 1427 Hart
- 1429 Hart is currently rented and in good condition; 1427 Hart is vacant and needs repairs from normal wear and tear
- Updates completed in 2020 include roof, HVAC, electrical, plumbing, interior and exterior paint, bathroom updates, windows, and exterior fencing
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 | $20.2k | $14.76 |
| − Vacancy | −$1.8k | −$1.35 |
| EGI | $18.4k | $13.41 |
| − OpEx | −$5.5k | −$4.02 |
| NOI | $12.8k | $9.39 |
1,368 SF · lease $14.76/SF/yr · vacancy 9.12% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$183.5K
$160.6K – $214.1K
NOI $12,845 @ 7.0% cap · market cap 7.60%
Second Best
Apartment 5plus
$144.6K
$126.5K – $168.7K
NOI $10,121 @ 7.0% cap · market cap 5.99%
Theoretical Best
Office A
$374.8K
$327.9K – $437.2K
NOI $26,233 @ 7.0% cap · market cap 15.52%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Duplexes
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FAQs
What type of property is this?
Duplex - Duplex with two 3-bedroom, 1-bath units near Downtown Jacksonville, with recent 2020 updates to major systems and finishes.
Where is this duplex located?
The property is located at 1427 HART Street Jacksonville, FL.
What is the asking price?
The asking price for this property is $169,000.
What are key features of this property?
This property features: Duplex with two 3‑bedroom, 1‑bath units at 1429 Hart and 1427 Hart; 1429 Hart is currently rented and in good condition; 1427 Hart is vacant and needs repairs from normal wear and tear; Updates completed in 2020 include roof, HVAC, electrical, plumbing, interior and exterior paint, bathroom updates, windows, and exterior fencing
