Two-Unit Duplex with Central
For Sale
$179,900
7811 Jasper Ave, Jacksonville, FL 32211
Both residences feature one bedroom, one bathroom, updated interior finishes, and dedicated off-street parking.
Property Size1,280 SF
Price / SF$140.55
Days on Market50
Property Features for 7811 Jasper Ave
General Information
Standard status
Active
Size
1,280 SF
Property subtype
Multi-Family
Property Condition
Severity
Repairs Needed
Evidence
needs a little work
Units
Unit Mix
2 x 1BR/1BA
Multifamily Units
2
Building Details
Year Built
1983
Buildings
1
Listing Agency:
EXP REALTY LLC
Listed By:
HOWARD E SPENCER
(908) 448-1239
Source:
Onewinningteam
Added: Aug 19
Changed: Oct 3
Last Checked: Oct 7 at 1:41PM
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 EXP REALTY LLC
Investment Insights
Based on property information with market context.
Built in 1983, this duplex contains two residential units, each with one bedroom and one bathroom. The property needs work, while existing improvements include luxury vinyl plank flooring, newer cabinets, and walk-in tile showers. Central AC serves both units, and a brick front contributes to the building’s exterior character.
Off-street parking is provided. The property is located in Jacksonville with access to Atlantic Blvd, connecting the area with shopping, dining, and commuting routes. Its two-unit configuration supports continued residential occupancy or an owner-occupant arrangement, subject to the buyer’s plans and any applicable requirements.
Off-street parking is provided. The property is located in Jacksonville with access to Atlantic Blvd, connecting the area with shopping, dining, and commuting routes. Its two-unit configuration supports continued residential occupancy or an owner-occupant arrangement, subject to the buyer’s plans and any applicable requirements.
Key Highlights
- Two residential units, each with 1 bedroom and 1 bathroom
- Built in 1983
- Luxury vinyl plank flooring, newer cabinets, and walk‑in tile showers
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$12,019
Cap Rate
6.68%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$240,380
$240.4K
Cap Rate 7%
$171,700
$171.7K
Cap Rate 9%
$133,544
$133.5K
Market Conditions
NOI Build-Up for 1,280 SF
Gross rent
$18.9K $14.76/SF
− Vacancy
−$1.7K −$1.35/SF
EGI
$17.2K $13.41/SF
− OpEx
−$5.2K −$4.02/SF
NOI
$12.0K $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%
$240,380
Cap Rate 7%
$171,700
Cap Rate 9%
$133,544
Alternative Uses
Best Use
Multifamily LT 5
$171.7K
$150.2K – $200.3K
NOI $12,019 @ 7.0% cap · market cap 6.68%
Second Best
Apartment 5plus
$135.3K
$118.4K – $157.8K
NOI $9,470 @ 7.0% cap · market cap 5.26%
Theoretical Best
Office A
$350.6K
$306.8K – $409.1K
NOI $24,545 @ 7.0% cap · market cap 13.64%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
413
Businesses Nearby
Explore this area
Business Placement
Demographics for 32211, FL
34,168
Population
15,250
Households
2.2
Avg Household Size
36
Median Age
20%
College-Educated
89%
High-School Grad
8.2 sq mi
ZIP Area
4,167
Density / Sq Mi
$55,208
Median Household Income
$33,993
Median Earnings
$1,104
Median Rent
$208,900
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 - Both residences feature one bedroom, one bathroom, updated interior finishes, and dedicated off-street parking.
Where is this duplex located?
The property is located at 7811 Jasper Ave Jacksonville, FL.
What is the asking price?
The asking price for this property is $179,900.
What are key features of this property?
This property features: Two residential units, each with 1 bedroom and 1 bathroom; Built in 1983; Luxury vinyl plank flooring, newer cabinets, and walk‑in tile showers
