Duplex Property with Townhome
For Sale
$414,900
1251 ORTON Street, Jacksonville, FL 32205
Two-story residences offer vinyl flooring, private primary baths, laundry hookups, and extended driveway parking.
Property Size2,114 SF
Price / SF$196.26
Days on Market14
Property Features for 1251 ORTON Street
General Information
Standard status
Active
Size
2,114 SF
Property subtype
Duplex
Building Details
Year Built
2022
Buildings
2
Listing Agency:
SUNCOAST PROPERTY MANAGEMENT LLC
Listed By:
SUZANNE ROSBOROUGH
Source:
Endlesssummerrealty
Added: Jul 30
Changed: Aug 12
Last Checked: Aug 12 at 5:53AM
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 SUNCOAST PROPERTY MANAGEMENT LLC
Investment Insights
Based on property information with market context.
This 2022-built duplex property encompasses 2,114 SF and is described as two duplexes with 2-bedroom, 2.5-bath townhome-style homes. Interior features include luxury vinyl flooring throughout, a porch-style entrance, and neutral gray and cream finishes. Each residence includes an upstairs primary suite with a private full bath and walk-in shower, a second bedroom, and a full hall bathroom. The laundry room provides washer and dryer hookups, storage, and a half bath.
An extended driveway provides on-site parking. The property is situated off Lake Shore Blvd in Jacksonville, with Publix and Walmart approximately 5 minutes away, Avondale approximately 10 minutes away, and nearby medical facilities and restaurants. The residential setting combines convenient access to area services with proximity to established commercial and dining options.
An extended driveway provides on-site parking. The property is situated off Lake Shore Blvd in Jacksonville, with Publix and Walmart approximately 5 minutes away, Avondale approximately 10 minutes away, and nearby medical facilities and restaurants. The residential setting combines convenient access to area services with proximity to established commercial and dining options.
Key Highlights
- Two duplexes with 2‑bedroom, 2.5‑bath townhome‑style homes
- Built in 2022 with 2,114 SF
- Luxury vinyl flooring throughout; no carpet
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
$19,850
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
4.78%
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%
$397,000
$397.0K
Cap Rate 7%
$283,571
$283.6K
Cap Rate 9%
$220,556
$220.6K
Market Conditions
NOI Build-Up for 2,114 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
$31.2K $14.76/SF
− Vacancy
−$2.8K −$1.35/SF
EGI
$28.4K $13.41/SF
− OpEx
−$8.5K −$4.02/SF
NOI
$19.8K $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%
$397,000
Cap Rate 7%
$283,571
Cap Rate 9%
$220,556
Alternative Uses
Best Use
Multifamily LT 5
$283.6K
$248.1K – $330.8K
NOI $19,850 @ 7.0% cap · market cap 4.78%
Second Best
Apartment 5plus
$223.4K
$195.5K – $260.7K
NOI $15,640 @ 7.0% cap · market cap 3.77%
Theoretical Best
Office A
$579.1K
$506.7K – $675.6K
NOI $40,538 @ 7.0% cap · market cap 9.77%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
753
Businesses Nearby
Explore this area
Business Placement
Demographics for 32205, FL
29,605
Population
16,188
Households
1.8
Avg Household Size
37
Median Age
36%
College-Educated
90%
High-School Grad
7.7 sq mi
ZIP Area
3,845
Density / Sq Mi
$60,609
Median Household Income
$43,122
Median Earnings
$1,190
Median Rent
$257,900
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 - Two-story residences offer vinyl flooring, private primary baths, laundry hookups, and extended driveway parking.
Where is this duplex located?
The property is located at 1251 ORTON Street Jacksonville, FL.
What is the asking price?
The asking price for this property is $414,900.
What are key features of this property?
This property features: Two duplexes with 2‑bedroom, 2.5‑bath townhome‑style homes; Built in 2022 with 2,114 SF; Luxury vinyl flooring throughout; no carpet
