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    Jacksonville Duplex: Income Potential

    1956 PHOENIX Avenue Jacksonville, FL 32206

    1956 PHOENIX Avenue, Jacksonville, FL, 32206
    $250,000
    For Sale
    Claim this Listing
    $250,000

    MULTI_FAMILY - Jacksonville, FL

    Property Size1,728 SF
    Lot Size0.12 Acres
    Price / SF$144.68
    AddedMar 18
    Days on Market121
    Last RefreshJul 16 at 12:06 pm

    Property Features for 1956 PHOENIX Avenue

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Bedrooms
    4
    Bathrooms
    2
    Rooms
    Bedroom 1, Bedroom 2, Bathroom 1, Bathroom 2, Bedroom 4, Bedroom 3
    Parking features
    On Street, Off Street
    Appliances
    Electric Cooktop, Electric Oven, Electric Range, Electric Water Heater
    Standard status
    Active
    APN
    1139880000
    Size
    1,728 SF
    Lot size
    0.12 Acres

    Taxes and HOA fees

    Tax Year
    2025
    Tax Annual Amount
    707

    Utilities

    Utilities
    Cable Available
    Sewer type
    Public Sewer
    Heating system
    Central
    Cooling system
    Central Air
    Water source
    Public

    Building Details

    Year built
    1909
    Floors in Building
    1
    Number of units
    2
    Roof type
    Shingle

    Listing agent ERIC RICE License #3421048

    Listing office KELLER WILLIAMS FIRST COAST REALTY 151 COLLEGE DRIVE UNIT 14, ORANGE PARK, FL

    Listing date Mar 18, 2026

    MLS# 2135448 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 is located in a rapidly growing downtown Jacksonville neighborhood experiencing increased development, dining options, and entertainment venues. The property offers flexibility for investors seeking rental income or buyers looking to offset their mortgage by living in one unit. Each unit features a functional layout with comfortable living spaces suitable for long-term tenants or short-term rental opportunities. The property is positioned for appreciation and strong cash flow potential due to increasing demand and ongoing revitalization in the area. Its location provides convenient access to downtown hotspots, local restaurants, shops, and major roadways. This property combines lifestyle and income-producing potential in an up-and-coming location. The lot size is 0.12 acres, and the property size is 1728 square feet.

    Key Highlights

    • 1909‑built duplex with functional layouts and 4 bedrooms plus 2 bathrooms (rooms listed: Bedroom 1–4, Bathroom 1–2)
    • Central heating and central air conditioning
    • Electric appliances include cooktop, oven, and electric range, plus electric water heater

    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 $25.5k $14.76
    − Vacancy −$2.3k −$1.35
    EGI $23.2k $13.41
    − OpEx −$7.0k −$4.02
    NOI $16.2k $9.39
    1,728 SF · lease $14.76/SF/yr · vacancy 9.12% · expense 30.00%

    Alternative Uses

    Best Use
    Multifamily LT 5
    $231.8K
    $202.8K – $270.4K (±1% cap)
    NOI $16,225 @ 7.0% cap · market cap 6.49%
    Second Best
    Apartment 5plus
    $182.6K
    $159.8K – $213.1K (±1% cap)
    NOI $12,784 @ 7.0% cap · market cap 5.11%
    Theoretical Best
    Office A
    $473.4K
    $414.2K – $552.3K (±1% cap)
    NOI $33,136 @ 7.0% cap · market cap 13.25%
    Zoning and permitted uses should be independently verified with local authorities.

    Property Analytics

    Property Profile Location Intelligence

    Current Use by Public Records

    Duplexes

    Suggested Use

    Dental Office Skin Care Clinic Computer & Electronic Repair Spa & Massage Center Home Appliance Store Furniture & Home Goods Pet Grooming Service Florist (Bike/Boat/Book/etc) Store (Bike/Boat/Book/etc) Store

    Zoning and permitted uses should be independently verified with local authorities.

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    FAQs

    What type of property is this?
    Duplex - Versatile duplex in growing downtown Jacksonville neighborhood with income potential.
    Where is this duplex located?
    The property is located at 1956 PHOENIX Avenue Jacksonville, FL.
    What is the asking price?
    The asking price for this property is $250,000.
    What are key features of this property?
    This property features: 1909‑built duplex with functional layouts and 4 bedrooms plus 2 bathrooms (rooms listed: Bedroom 1–4, Bathroom 1–2); Central heating and central air conditioning; Electric appliances include cooktop, oven, and electric range, plus electric water heater
    Contact an agent
    (904) 229-2619
    We can help!
    Contact an agent
    ERIC RICE
    ERIC RICE
    Real Estate License ID: 3421048
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