Renovated Duplex with New
7811 JASPER Avenue Jacksonville, FL 32211
7811 JASPER Avenue, Jacksonville, FL, 32211
$275,000
For Sale
$275,000
Two 1-bedroom, 1-bath units with 2021 renovations, including new kitchens, updated baths, windows, doors, A/C, and electrical/plumbing upgrades.
Property Size1,280 SF
Price / SF$214.84
Days on Market741
Property Features for 7811 JASPER Avenue
General Information
- Standard status
- Active
- Size
- 1,280 SF
- Property subtype
- Multi Family
Building Details
- Year Built
- 1983
Listing agency
ONE REALTY CORP
(904) 438-8980
Listed by
PHILLIP POE · License #3600114
Source
Exitrealty
Added: Jul 12, 2024 Updated: Jul 21 at 2:29PM Checked: Jul 22 at 7:02AM
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 ONE REALTY CORP
Investment Insights
Based on property information with market context.
This duplex at 7809 and 7811 Jasper Ave offers two separate 1-bedroom, 1-bath residences. The property was renovated in 2021 and is being sold as-is. Improvements include new exterior paint, repaired siding, and new windows and doors. Interior updates feature modern kitchens with new cabinets, countertops, and appliances, along with updated bathrooms with new fixtures, vanity, and tile. The renovation also includes upgraded electrical panel and plumbing systems, new A/C units, and fresh interior finishes such as new drywall, paint, doors, trim, and vinyl plank flooring throughout. Kitchen appliances are included in the sale.
The duplex is located in Jacksonville, FL. Each side provides an independent layout with its own bedroom and bathroom.
With both units refreshed through a 2021 renovation and major systems updated, the property presents a practical fit for an owner seeking a move-in-ready residential income setup.
The duplex is located in Jacksonville, FL. Each side provides an independent layout with its own bedroom and bathroom.
With both units refreshed through a 2021 renovation and major systems updated, the property presents a practical fit for an owner seeking a move-in-ready residential income setup.
Key Highlights
- Duplex in Jacksonville, FL with 2 units, each featuring 1 bedroom and 1 bathroom
- Renovated in 2021 with new exterior paint and repaired siding
- 2021 improvements include new windows and doors plus new drywall, paint, doors, trim, and vinyl plank flooring throughout
Local Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- 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.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $18.9k | $14.76 |
| − Vacancy | −$1.7k | −$1.35 |
| EGI | $17.2k | $13.41 |
| − OpEx | −$5.2k | −$4.02 |
| NOI | $12.0k | $9.39 |
1,280 SF · lease $14.76/SF/yr · vacancy 9.12% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$171.7K
$150.2K – $200.3K
NOI $12,019 @ 7.0% cap · market cap 4.37%
Second Best
Apartment 5plus
$135.3K
$118.4K – $157.8K
NOI $9,470 @ 7.0% cap · market cap 3.44%
Theoretical Best
Office A
$350.6K
$306.8K – $409.1K
NOI $24,545 @ 7.0% cap · market cap 8.93%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Duplexes
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FAQs
What type of property is this?
Duplex - Two 1-bedroom, 1-bath units with 2021 renovations, including new kitchens, updated baths, windows, doors, A/C, and electrical/plumbing upgrades.
Where is this duplex located?
The property is located at 7811 JASPER Avenue Jacksonville, FL.
What is the asking price?
The asking price for this property is $275,000.
What are key features of this property?
This property features: Duplex in Jacksonville, FL with 2 units, each featuring 1 bedroom and 1 bathroom; Renovated in 2021 with new exterior paint and repaired siding; 2021 improvements include new windows and doors plus new drywall, paint, doors, trim, and vinyl plank flooring throughout
