Renovated
1548 W 6th Street, Jacksonville, FL 32209
For Sale
$299,900
All three residential units are currently occupied.
Property Size3,070 SF
Price / SF$97.69
Days on Market40
Property Features for 1548 W 6th Street
General Information
Standard status
Size
Total Parking Spaces
Property subtype
Occupancy
Site & Location
Neighborhood
Additional Details
Multifamily Units
Tenant in Place
Taxes and HOA fees
Annual Taxes
Building Details
Building Size
Year Built
Units
Listing Agency:
ASAP REALTY SERVICES LLC
(407) 458-6780
Listed By:
MORRIS VAHNISH
(305) 525-3540
Source:
Dualstaterealestate
Added: Oct 1
Changed: Nov 8
Last Checked: Nov 8 at 8:27PM
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 ASAP REALTY SERVICES LLC
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Investment Insights
Based on property information with market context.
This 3,070-square-foot triplex was built in 1948 and has undergone renovations. The property contains three residential units, all of which are currently rented.
Key Highlights
- Three‑unit residential property
- 3,070 square feet of building area
- Built in 1948
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$22,713
Cap Rate
7.57%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$454,260
$454.3K
Cap Rate 7%
$324,471
$324.5K
Cap Rate 9%
$252,367
$252.4K
Market Conditions
NOI Build-Up for 3,070 SF
Gross rent
$45.7K $14.88/SF
− Vacancy
−$4.4K −$1.43/SF
EGI
$41.3K $13.45/SF
− OpEx
−$18.6K −$6.05/SF
NOI
$22.7K $7.40/SF
Area
Jacksonville, FL
Vacancy
9.60%
Lease Rate
$14.88 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$454,260
Cap Rate 7%
$324,471
Cap Rate 9%
$252,367
Alternative Uses
Best Use
Multifamily LT 5
$411.8K
$360.3K – $480.4K
NOI $28,826 @ 7.0% cap · market cap 9.61%
Second Best
Apartment 5plus
$324.5K
$283.9K – $378.6K
NOI $22,713 @ 7.0% cap · market cap 7.57%
Theoretical Best
Office A
$841.0K
$735.9K – $981.2K
NOI $58,870 @ 7.0% cap · market cap 19.63%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Lease Details
3
Residential units
100%
Occupancy
Location Intelligence
Trade Area within ½ mile
710
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
$92,300
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Average Price Trend$/SF for Triplexes in Jacksonville, FL
Properties on Market for Triplexes in Jacksonville
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Triplex - All three residential units are currently occupied.
Where is this triplex located?
The property is located at 1548 W 6th Street Jacksonville, FL.
What is the asking price?
The asking price for this property is $299,900.
What are key features of this property?
This property features: Three‑unit residential property; 3,070 square feet of building area; Built in 1948
