Two-Duplex Multifamily
For Sale
$335,000
2910 POST Street, Jacksonville, FL 32205
MULTI_FAMILY - Jacksonville, FL
Property Size1,566 SF
Lot Size0.14 Acres
Price / SF$213.92
Days on Market115
Property Features for 2910 POST Street
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Bedrooms
4
Bathrooms
2
Full bathrooms
2
Rooms
Bedroom 4, Bedroom 2, Bathroom 1, Bathroom 2, Bedroom 1, Bedroom 3
Parking features
On Street
Exterior features
Balcony
Appliances
Electric Oven, Refrigerator
Subdivision
Riverside
Lot features
Few Trees
Directions
I-10 to Roosevelt turn Rt at first traffic light on McDuff to Rt on Post and unit will be down on the Rt. 2 story duplex with balcony upstairs, new exterior paint.
Standard status
Active
APN
0646320000
Size
1,566 SF
Lot size
0.14 Acres
Taxes and HOA fees
Tax Year
2025
Tax Annual Amount
5541
Utilities
Heating system
Central
Cooling system
Central Air
Water source
Public
Building Details
Year built
1987
Floors in Building
2
Number of units
2
Flooring type
Carpet, Tile
Building materials
Block, Stucco
Roof type
Shingle
Listing Agency:
UNITED REAL ESTATE GALLERY
(904) 500-3948
Listed By:
JAMES H DIAMOND · License #3370281
(904) 463-8700
Added: Apr 21
Changed: Aug 1
Last Checked: Aug 13 at 4:06AM
MLS# 2141059
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 two-duplex multifamily property includes two separate two-bedroom, one-bath units. The units are currently rented, and the current tenants are on month-to-month leases. A buyer can also occupy one unit while renting the other. The building was constructed in 1987 and features block and stucco construction, central heating, and central air conditioning. Interior finishes include carpet and tile flooring, and the units include an electric oven and refrigerator. Exterior amenities include a balcony, and parking is available on street.
Water service is provided through public water. The roof is described as shingle. For showings, access is restricted to once the property is under contract to avoid disturbing tenants. The age of the HVAC and roof is noted as unknown.
The property’s configuration supports both investor and owner-occupant use with separate duplex living arrangements and month-to-month tenant occupancy.
Water service is provided through public water. The roof is described as shingle. For showings, access is restricted to once the property is under contract to avoid disturbing tenants. The age of the HVAC and roof is noted as unknown.
The property’s configuration supports both investor and owner-occupant use with separate duplex living arrangements and month-to-month tenant occupancy.
Key Highlights
- Two two‑bedroom, one‑bath duplex units, both currently rented
- Month‑to‑month leases with showings limited to after contract
- 1987 construction with block and stucco exterior
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$14,704
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
4.39%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$294,080
$294.1K
Cap Rate 7%
$210,057
$210.1K
Cap Rate 9%
$163,378
$163.4K
Market Conditions
NOI Build-Up for 1,566 SF
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.
Gross rent
$23.1K $14.76/SF
− Vacancy
−$2.1K −$1.35/SF
EGI
$21.0K $13.41/SF
− OpEx
−$6.3K −$4.02/SF
NOI
$14.7K $9.39/SF
Area
Jacksonville, FL
Vacancy
9.12%
Lease Rate
$14.76 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$294,080
Cap Rate 7%
$210,057
Cap Rate 9%
$163,378
Alternative Uses
Best Use
Multifamily LT 5
$210.1K
$183.8K – $245.1K
NOI $14,704 @ 7.0% cap · market cap 4.39%
Second Best
Apartment 5plus
$165.5K
$144.8K – $193.1K
NOI $11,586 @ 7.0% cap · market cap 3.46%
Theoretical Best
Office A
$429.0K
$375.4K – $500.5K
NOI $30,030 @ 7.0% cap · market cap 8.96%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
1,239
Businesses Nearby
Explore this area
Business Placement
Demographics for 32205, FL
29,605
Population
16,188
Households
1.8
Avg Household Size
37
Median Age
36%
College-Educated
90%
High-School Grad
7.7 sq mi
ZIP Area
3,845
Density / Sq Mi
$60,609
Median Household Income
$43,122
Median Earnings
$1,190
Median Rent
$257,900
Median Home Value
Market
Vacancy Rate% for Multifamily in South region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Duplex - Two two-bedroom, one-bath duplex units with central HVAC, shingle roofing, and public water service.
Where is this duplex located?
The property is located at 2910 POST Street Jacksonville, FL.
What is the asking price?
The asking price for this property is $335,000.
What are key features of this property?
This property features: Two two‑bedroom, one‑bath duplex units, both currently rented; Month‑to‑month leases with showings limited to after contract; 1987 construction with block and stucco exterior
