Turnkey Duplex with Private
For Sale
$459,000
Pending
4056-58 GRANT Road, Jacksonville, FL 32207
MULTI_FAMILY - Jacksonville, FL
Property Size2,508 SF
Lot Size0.30 Acres
Days on Market133
Property Features for 4056-58 GRANT Road
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Bedrooms
6
Bathrooms
4
Full bathrooms
4
Rooms
Bathroom 2, Bedroom 1, Bathroom 4, Bathroom 1, Bedroom 3, Bedroom 6, Bathroom 3, Bedroom 5, Bedroom 2, Bedroom 4
Parking
4
Parking features
Driveway
Security features
Security Lighting
Fencing
Fenced, Chain Link, Privacy
Appliances
Dishwasher, Disposal, Dryer, Electric Cooktop, Electric Oven, Electric Range, Electric Water Heater, Microwave, Refrigerator, Washer/Dryer Stacked
Subdivision
Pine Forest
Lot features
Wooded
Directions
From Downtown via I-95 S, take the Emerson Street exit and head east toward Philips Highway. Continue over Philips Highway, then turn left onto Grant Road approximately 0.1 miles ahead. The property will be about 0.5 miles down on the right.
Standard status
Pending
APN
1261030020
Size
2,508 SF
Lot size
0.30 Acres
Taxes and HOA fees
Tax Year
2025
Tax Annual Amount
6606
Utilities
Utilities
Cable Available
Sewer type
Public Sewer
Heating system
Electric (Heating), Hot Water(Heating), Central
Cooling system
Central Air, Electric
Water source
Public
Building Details
Year built
2018
Floors in Building
1
Number of units
2
Flooring type
Vinyl
Building materials
Block, Concrete, Frame, Vinyl Siding
Roof type
Shingle
Listing Agency:
UNITED REAL ESTATE GALLERY
(904) 500-3948
Listed By:
JAMES MATCHETT
(904) 294-0470
Added: Apr 3
Changed: Aug 3
Last Checked: Aug 13 at 6:06AM
MLS# 2138274
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.
Turnkey duplex built in 2018 featuring a total of 2,508 SF. The property includes appliances such as a dishwasher, microwave, refrigerator, washer/dryer stacked unit, and an electric cooktop and oven. Each unit has a private entrance, with vinyl flooring and a mix of heating and cooling that includes central air and central heating plus hot water and electric components. The exterior materials include block, concrete, frame, and vinyl siding, and the roof is shingle.
The duplex sits on a 0.3-acre lot and includes a driveway and fencing with chain link and privacy features. Utilities include cable availability, with public water and public sewer services.
Both units are available for immediate occupancy. The interiors include stainless steel appliances and granite countertops, along with spacious layouts and walk-in closets. Each unit has been most recently rented for $1,700/month.
The duplex sits on a 0.3-acre lot and includes a driveway and fencing with chain link and privacy features. Utilities include cable availability, with public water and public sewer services.
Both units are available for immediate occupancy. The interiors include stainless steel appliances and granite countertops, along with spacious layouts and walk-in closets. Each unit has been most recently rented for $1,700/month.
Key Highlights
- 2018‑built turnkey duplex with 2,508 SF total
- Both units available for immediate occupancy
- Private entrances for each unit
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
$23,549
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
5.13%
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%
$470,980
$471.0K
Cap Rate 7%
$336,414
$336.4K
Cap Rate 9%
$261,656
$261.7K
Market Conditions
NOI Build-Up for 2,508 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
$37.0K $14.76/SF
− Vacancy
−$3.4K −$1.35/SF
EGI
$33.6K $13.41/SF
− OpEx
−$10.1K −$4.02/SF
NOI
$23.5K $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%
$470,980
Cap Rate 7%
$336,414
Cap Rate 9%
$261,656
Alternative Uses
Best Use
Multifamily LT 5
$336.4K
$294.4K – $392.5K
NOI $23,549 @ 7.0% cap · market cap 5.13%
Second Best
Apartment 5plus
$265.1K
$231.9K – $309.3K
NOI $18,555 @ 7.0% cap · market cap 4.04%
Theoretical Best
Office A
$687.0K
$601.2K – $801.6K
NOI $48,093 @ 7.0% cap · market cap 10.48%
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
830
Businesses Nearby
Explore this area
Business Placement
Demographics for 32207, FL
36,207
Population
18,866
Households
1.9
Avg Household Size
39
Median Age
38%
College-Educated
86%
High-School Grad
11.4 sq mi
ZIP Area
3,176
Density / Sq Mi
$60,875
Median Household Income
$45,478
Median Earnings
$1,139
Median Rent
$254,800
Median Home Value
Market
Vacancy Rate% for Multifamily in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Duplex - Turnkey duplex built in 2018 with private entrances, fenced yard, and public water and sewer in Jacksonville.
Where is this duplex located?
The property is located at 4056-58 GRANT Road Jacksonville, FL.
What is the asking price?
The asking price for this property is $459,000.
What are key features of this property?
This property features: 2018‑built turnkey duplex with 2,508 SF total; Both units available for immediate occupancy; Private entrances for each unit
