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6-Unit Triplex Property
For Sale
$660,000

1042/1052 Maynard Street, Jacksonville, FL 32208

All six residences have two bedrooms, one bathroom, and long-term occupants.

Property Size3,776 SF
Price / SF$174.79
Days on Market120

Property Features for 1042/1052 Maynard Street

General Information

Standard status Active
Size 3,776 SF
Property subtype Residential Income
Occupancy 100%

Site & Location

Neighborhood Norwood
Highway Access Yes

Additional Details

Multifamily Units 6
Tenant in Place Yes

Taxes and HOA fees

Annual Taxes $9,935

Building Details

Building Size 3,776 SF
Year Built 1960
Buildings 2
Units 6
Listing Agency: LOKATION
Listed By: LEO ROSCOE
Source: 904finehomes
Added: Jul 7 Changed: Nov 1 Last Checked: Nov 3 at 5:56AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of LOKATION

Rey
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Investment Insights

Based on property information with market context.

This residential income property combines two triplexes at 1042 and 1052 Maynard Street, with six units totaling 3,776 square feet. Each residence has two bedrooms and one bathroom, and all are occupied by long-term tenants. The buildings date to 1960, and a roof replacement was completed in 2022.

The Jacksonville properties are near major highways, shopping, dining, schools, and Downtown Jacksonville.

Key Highlights

  • Six units across two triplexes, all occupied by long‑term tenants
  • Each unit has 2 bedrooms and 1 bathroom
  • 3,776 square feet total

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$35,456
Cap Rate
5.37%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$709,120 $709.1K
Cap Rate 7%
$506,514 $506.5K
Cap Rate 9%
$393,956 $394.0K
Market Conditions
NOI Build-Up for 3,776 SF
Gross rent
$55.7K $14.76/SF
− Vacancy
−$5.1K −$1.35/SF
EGI
$50.7K $13.41/SF
− OpEx
−$15.2K −$4.02/SF
NOI
$35.5K $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 Rate 5%
$709,120
Cap Rate 7%
$506,514
Cap Rate 9%
$393,956

Alternative Uses

Best Use
Multifamily LT 5
$506.5K
$443.2K – $590.9K (±1% cap)
NOI $35,456 @ 7.0% cap · market cap 5.37%
Second Best
Apartment 5plus
$399.1K
$349.2K – $465.6K (±1% cap)
NOI $27,936 @ 7.0% cap · market cap 4.23%
Theoretical Best
Office A
$1.03M
$905.1K – $1.21M (±1% cap)
NOI $72,409 @ 7.0% cap · market cap 10.97%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Lease Details

6
Residential units
100%
Occupancy
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

465
Businesses Nearby

Demographics for 32208, FL

33,286
Population
15,218
Households
2.2
Avg Household Size
40
Median Age
15%
College-Educated
84%
High-School Grad
11.5 sq mi
ZIP Area
2,894
Density / Sq Mi
$39,873
Median Household Income
$31,845
Median Earnings
$1,180
Median Rent
$139,500
Median Home Value

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025

Frequently Asked Questions

What type of property is this?
Triplex - All six residences have two bedrooms, one bathroom, and long-term occupants.
Where is this triplex located?
The property is located at 1042/1052 Maynard Street Jacksonville, FL.
What is the asking price?
The asking price for this property is $660,000.
What are key features of this property?
This property features: Six units across two triplexes, all occupied by long‑term tenants; Each unit has 2 bedrooms and 1 bathroom; 3,776 square feet total
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