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Multifamily Property with Detached Apartment

1084 Huron Street, Jacksonville, FL 32254

For Sale
$164,000

A detached apartment provides a separate residence alongside the main home.

Property Size1,500 SF
Price / SF$109.33
Days on Market84

Property Features for 1084 Huron Street

General Information

Standard status Active
Size 1,500 SF
Property subtype Residential Income

Units

Unit Mix 1 x 2BR/1BA (840 sq ft), 1 x 1BR/1BA (660 sq ft)
Multifamily Units 2

Taxes and HOA fees

Annual Taxes $2,831

Building Details

Building Size 1,500 SF
Year Built 1961
Buildings 2
Stories 1
Units 2
Construction concrete block
Listing Agency: AVALON GROUP USA LLC
Listed By: DIOCINIE GOMEZ
Source: Ajrealtygroupfl
Added: Aug 20 Changed: Nov 8 Last Checked: Nov 10 at 2:10AM

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 AVALON GROUP USA LLC

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Investment Insights

Based on property information with market context.

Built in 1961, this concrete block multifamily property includes a main home with 2 bedrooms, 1 bathroom, and 840 square feet, plus flex space. A detached apartment offers 1 bedroom, 1 bathroom, and 660 square feet. The property is being sold as is.

Recent interior and system updates include kitchen appliances, cabinets, a solid countertop, backsplash, blinds throughout, a water heater, and HVAC.

Key Highlights

  • Main home offers 2 bedrooms, 1 bathroom, and 840 square feet, with flex space
  • Detached apartment includes 1 bedroom, 1 bathroom, and 660 square feet
  • Concrete block construction; built in 1961

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$11,098
Cap Rate
6.77%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$221,960 $222.0K
Cap Rate 7%
$158,543 $158.5K
Cap Rate 9%
$123,311 $123.3K
Market Conditions
NOI Build-Up for 1,500 SF
Gross rent
$22.3K $14.88/SF
− Vacancy
−$2.1K −$1.43/SF
EGI
$20.2K $13.45/SF
− OpEx
−$9.1K −$6.05/SF
NOI
$11.1K $7.40/SF
Area
Jacksonville, FL
Vacancy
9.60%
Lease Rate
$14.88 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$221,960
Cap Rate 7%
$158,543
Cap Rate 9%
$123,311

Alternative Uses

Best Use
Apartment 5plus
$158.5K
$138.7K – $185.0K (±1% cap)
NOI $11,098 @ 7.0% cap · market cap 6.77%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$410.9K
$359.6K – $479.4K (±1% cap)
NOI $28,764 @ 7.0% cap · market cap 17.54%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Who owns this building? See the owner, sales and loan history
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Lease Details

2
Residential units

Location Intelligence

Trade Area within ½ mile

556
Businesses Nearby

Demographics for 32254, FL

14,545
Population
6,331
Households
2.3
Avg Household Size
37
Median Age
10%
College-Educated
73%
High-School Grad
12.4 sq mi
ZIP Area
1,173
Density / Sq Mi
$36,449
Median Household Income
$29,443
Median Earnings
$1,111
Median Rent
$85,100
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Average Price Trend$/SF for Multifamily properties in Jacksonville, FL

$188 Jul
$180 Aug
$172 Sep
$180 Oct

Properties on Market for Multifamily properties in Jacksonville

Jul
Aug
Sep
Oct

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?
Multifamily property - A detached apartment provides a separate residence alongside the main home.
Where is this multifamily property located?
The property is located at 1084 Huron Street Jacksonville, FL.
What is the asking price?
The asking price for this property is $164,000.
What are key features of this property?
This property features: Main home offers 2 bedrooms, 1 bathroom, and 840 square feet, with flex space; Detached apartment includes 1 bedroom, 1 bathroom, and 660 square feet; Concrete block construction; built in 1961
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