Tenant-Occupied
For Sale
$255,000
1419 PRINCE Street, Jacksonville, FL 32209
Two residences offer distinct layouts, established occupancy, and proximity to EWU and 95.
Property Size1,600 SF
Days on Market56
Property Features for 1419 PRINCE Street
General Information
Standard status
Active
Size
1,600 SF
Property subtype
Duplex
Taxes and HOA fees
Annual Taxes
$3,521
Building Details
Building Size
1,600 SF
Year Built
1924
Listing Agency:
INTERGRATED REALTY CORP.
Listed By:
CAROL BRENNER · License #R11114711
(954) 520-1469
Source:
Houseandhavenrealty
Added: Aug 13
Changed: Oct 1
Last Checked: Oct 5 at 10:47PM
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 INTERGRATED REALTY CORP.
Investment Insights
Based on property information with market context.
Built in 1924, this duplex includes two separate residences at 1415 and 1419 PRINCE Street. The 1415 residence contains two bedrooms and one-and-a-half baths, while the 1419 residence offers one bedroom and one bath. Both homes are described as being in good condition and have long-term tenants in place.
The property is located near EWU and 95 in Jacksonville, Florida. The two-home configuration provides separate living arrangements within one multifamily asset. The property may also be purchased with 1423, a two-bedroom, one-bath single-family home, offering an option to acquire an additional nearby residence.
The property is located near EWU and 95 in Jacksonville, Florida. The two-home configuration provides separate living arrangements within one multifamily asset. The property may also be purchased with 1423, a two-bedroom, one-bath single-family home, offering an option to acquire an additional nearby residence.
Key Highlights
- Two‑home duplex configuration with separate residences at 1415 and 1419 PRINCE Street
- 1415 residence includes 2 bedrooms and 1.5 baths
- 1419 residence includes 1 bedroom and 1 bath
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$15,024
Cap Rate
5.89%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$300,480
$300.5K
Cap Rate 7%
$214,629
$214.6K
Cap Rate 9%
$166,933
$166.9K
Market Conditions
NOI Build-Up for 1,600 SF
Gross rent
$23.6K $14.76/SF
− Vacancy
−$2.2K −$1.35/SF
EGI
$21.5K $13.41/SF
− OpEx
−$6.4K −$4.02/SF
NOI
$15.0K $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%
$300,480
Cap Rate 7%
$214,629
Cap Rate 9%
$166,933
Alternative Uses
Best Use
Multifamily LT 5
$214.6K
$187.8K – $250.4K
NOI $15,024 @ 7.0% cap · market cap 5.89%
Second Best
Apartment 5plus
$169.1K
$148.0K – $197.3K
NOI $11,837 @ 7.0% cap · market cap 4.64%
Theoretical Best
Office A
$438.3K
$383.5K – $511.4K
NOI $30,682 @ 7.0% cap · market cap 12.03%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
741
Businesses Nearby
Explore this area
Business Placement
Demographics for 32209, FL
36,656
Population
17,706
Households
2.1
Avg Household Size
37
Median Age
12%
College-Educated
82%
High-School Grad
9.3 sq mi
ZIP Area
3,942
Density / Sq Mi
$29,468
Median Household Income
$26,435
Median Earnings
$1,042
Median Rent
$92,300
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in South region
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Frequently Asked Questions
What type of property is this?
Duplex - Two residences offer distinct layouts, established occupancy, and proximity to EWU and 95.
Where is this duplex located?
The property is located at 1419 PRINCE Street Jacksonville, FL.
What is the asking price?
The asking price for this property is $255,000.
What are key features of this property?
This property features: Two‑home duplex configuration with separate residences at 1415 and 1419 PRINCE Street; 1415 residence includes 2 bedrooms and 1.5 baths; 1419 residence includes 1 bedroom and 1 bath
