Renovated Duplex with Additional
For Sale
$190,000
1112 E 5th St E, Jacksonville, FL 32206
Both units offer updated interiors and are currently occupied by tenants.
Property Size1,436 SF
Price / SF$132.31
Days on Market54
Property Features for 1112 E 5th St E
General Information
Standard status
Active
Size
1,436 SF
Property subtype
Multi-Family
Occupancy
100%
Financials
Asking Price
$205,000
Gross Income
$24,600
Additional Details
Multifamily Units
2
Building Details
Year Built
1927
Listed By:
Florida Coastal Team
(904) 664-9864
Source:
Floridacoastalteam
Added: Sep 8
Changed: Oct 28
Last Checked: Oct 30 at 2:46PM
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 Florida Coastal Team
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Investment Insights
Based on property information with market context.
Built in 1927, this duplex has undergone recent renovation, with updated interiors across both residential units. Each unit is tenant-occupied, and the property is currently fully rented. An additional room provides flexible space that the property information identifies as having potential for a future ADU or expanded living area.
The property is located next to a school and within minutes of Jacksonville’s Historic Springfield District and Downtown Jacksonville. Its two-unit configuration, refreshed interiors, and occupied status make it a straightforward residential income property with an additional room for future planning.
The property is located next to a school and within minutes of Jacksonville’s Historic Springfield District and Downtown Jacksonville. Its two-unit configuration, refreshed interiors, and occupied status make it a straightforward residential income property with an additional room for future planning.
Key Highlights
- Duplex with two tenant‑occupied units
- Recently renovated with updated interiors in both units
- Property is currently fully rented
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$13,484
Cap Rate
7.10%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$269,680
$269.7K
Cap Rate 7%
$192,629
$192.6K
Cap Rate 9%
$149,822
$149.8K
Market Conditions
NOI Build-Up for 1,436 SF
Gross rent
$21.2K $14.76/SF
− Vacancy
−$1.9K −$1.35/SF
EGI
$19.3K $13.41/SF
− OpEx
−$5.8K −$4.02/SF
NOI
$13.5K $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%
$269,680
Cap Rate 7%
$192,629
Cap Rate 9%
$149,822
Alternative Uses
Best Use
Multifamily LT 5
$192.6K
$168.6K – $224.7K
NOI $13,484 @ 7.0% cap · market cap 7.10%
Second Best
Apartment 5plus
$151.8K
$132.8K – $177.1K
NOI $10,624 @ 7.0% cap · market cap 5.59%
Theoretical Best
Office A
$393.4K
$344.2K – $459.0K
NOI $27,537 @ 7.0% cap · market cap 14.49%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Lease Details
2
Residential units
100%
Occupancy
Location Intelligence
Trade Area within ½ mile
606
Businesses Nearby
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Business Placement
Demographics for 32206, FL
18,283
Population
9,415
Households
1.9
Avg Household Size
38
Median Age
21%
College-Educated
82%
High-School Grad
6.2 sq mi
ZIP Area
2,949
Density / Sq Mi
$37,585
Median Household Income
$34,353
Median Earnings
$866
Median Rent
$153,500
Median Home Value
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Market
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Duplex - Both units offer updated interiors and are currently occupied by tenants.
Where is this duplex located?
The property is located at 1112 E 5th St E Jacksonville, FL.
What is the asking price?
The asking price for this property is $190,000.
What are key features of this property?
This property features: Duplex with two tenant‑occupied units; Recently renovated with updated interiors in both units; Property is currently fully rented
