Four-Unit Quadplex with
For Sale
$424,500
6511 SAN JUAN Avenue, Jacksonville, FL 32210
Residential Income, Jacksonville, FL
Property Size2,976 SF
Lot Size0.04 Acres
Price / SF$142.64
Days on Market36
Property Features for 6511 SAN JUAN Avenue
General Information
Property type
Residential Multi Family
Property subtype
Quadruplex
Bedrooms
8
Bathrooms
8
Full bathrooms
8
Rooms
Bedroom 2, Bedroom 1, Bathroom 4, Bathroom 3, Bedroom 7, Bedroom 4, Bathroom 6, Bathroom 7, Bedroom 3, Bathroom 2, Bathroom 8, Bedroom 6, Bathroom 5, Bathroom 1, Bedroom 8, Bedroom 5
Parking features
Off Street, Parking Lot
Appliances
Electric Oven, Refrigerator
Subdivision
Hyde Grove
Lot features
Dead End Street
Directions
Head north on Lane Ave from Wilson Blvd. Right on San Juan Ave.
Standard status
Active
APN
0118690060
Size
2,976 SF
Lot size
0.04 Acres
Taxes and HOA fees
Tax Year
2025
Tax Annual Amount
4528
Utilities
Sewer type
Public Sewer
Heating system
Central
Cooling system
Central Air
Amenities
laundry closet
Building Details
Year built
1986
Floors in Building
1
Number of units
4
Flooring type
Tile
Building materials
Stucco
Roof type
Shingle
Listing Agency:
COLDWELL BANKER VANGUARD REALTY · Coldwell Banker Real Estate
(904) 269-7117
Listed By:
TOBIN BOSSOLA · License #3164103
(904) 910-8084
Added: Aug 5
Changed: Sep 2
Last Checked: Sep 9 at 2:06PM
MLS# 2158596
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 2,976-square-foot quadplex contains four residences, each configured with two bedrooms, two full bathrooms, and a laundry closet. The building dates to 1986 and features stucco construction, tile flooring, shingle roofing, central heating, central air conditioning, electric ovens, and refrigerators. Parking is provided in an on-site lot and through off-street spaces, while public sewer serves the property.
The property is part of a private community comprising 5 quadruplexes in Jacksonville. Three buildings are currently offered, with the option to acquire them separately or together. When purchased as a group, the ownership arrangement includes one dumpster and some control over owner-paid water and sewer expenses. Interior images represent a vacant unit similar to the residences in this building.
The property is part of a private community comprising 5 quadruplexes in Jacksonville. Three buildings are currently offered, with the option to acquire them separately or together. When purchased as a group, the ownership arrangement includes one dumpster and some control over owner-paid water and sewer expenses. Interior images represent a vacant unit similar to the residences in this building.
Key Highlights
- 2,976‑square‑foot quadplex with four 2/2 residences
- Each unit includes a laundry closet, two bedrooms, and two full bathrooms
- Built in 1986 with stucco construction, tile flooring, and a shingle roof
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
$27,944
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
6.58%
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%
$558,880
$558.9K
Cap Rate 7%
$399,200
$399.2K
Cap Rate 9%
$310,489
$310.5K
Market Conditions
NOI Build-Up for 2,976 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
$43.9K $14.76/SF
− Vacancy
−$4.0K −$1.35/SF
EGI
$39.9K $13.41/SF
− OpEx
−$12.0K −$4.02/SF
NOI
$27.9K $9.39/SF
Area
ZIP 32210
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%
$558,880
Cap Rate 7%
$399,200
Cap Rate 9%
$310,489
Alternative Uses
Best Use
Multifamily LT 5
$399.2K
$349.3K – $465.7K
NOI $27,944 @ 7.0% cap · market cap 6.58%
Second Best
Apartment 5plus
$314.5K
$275.2K – $367.0K
NOI $22,017 @ 7.0% cap · market cap 5.19%
Theoretical Best
Office A
$815.3K
$713.4K – $951.1K
NOI $57,068 @ 7.0% cap · market cap 13.44%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Lease Details
4
Residential units
Location Intelligence
Trade Area within ½ mile
385
Businesses Nearby
Explore this area
Business Placement
Demographics for 32210, FL
66,415
Population
29,198
Households
2.3
Avg Household Size
37
Median Age
23%
College-Educated
88%
High-School Grad
21.9 sq mi
ZIP Area
3,033
Density / Sq Mi
$58,215
Median Household Income
$36,997
Median Earnings
$1,205
Median Rent
$205,300
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in South region
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Frequently Asked Questions
What type of property is this?
Quadplex - Each residence provides two bedrooms, two full bathrooms, and a dedicated laundry closet.
Where is this quadplex located?
The property is located at 6511 SAN JUAN Avenue Jacksonville, FL.
What is the asking price?
The asking price for this property is $424,500.
What are key features of this property?
This property features: 2,976‑square‑foot quadplex with four 2/2 residences; Each unit includes a laundry closet, two bedrooms, and two full bathrooms; Built in 1986 with stucco construction, tile flooring, and a shingle roof
