Duplex with Two Three-Bed
1559 E BEAVER Street Jacksonville, FL 32202
1559 E BEAVER Street, Jacksonville, FL, 32202
$499,000
For Sale
$499,000
Duplex includes two separate 3-bedroom, 1-bath units, each with a full kitchen and eat-in area.
Property Size1,856 SF
Price / SF$268.86
Days on Market591
Property Features for 1559 E BEAVER Street
General Information
- Standard status
- Active
- Size
- 1,856 SF
- Property subtype
- Multi Family
Building Details
- Year Built
- 1926
Listing agency
FREEDOM REALTY GROUP LLC
(904) 718-0698
Listed by
SHELBY DORSEY · License #3238356
Source
Exitrealty
Added: Dec 9, 2024 Updated: Jul 21 at 2:52PM Checked: Jul 22 at 6:20AM
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 FREEDOM REALTY GROUP LLC
Investment Insights
Based on property information with market context.
This duplex features two separate units, each offering three bedrooms and one bathroom. Both units include a full kitchen with eat-in space, providing a straightforward layout for long-term residential use.
The property is described as being right next to the stadium, with options on how to use the home. The current use is stated as an Airbnb, though the units could also be used as traditional rentals or for owner-occupancy with one unit rented out.
With two fully independent living spaces, the property supports flexibility within the duplex configuration, while retaining a consistent unit design across both sides.
The property is described as being right next to the stadium, with options on how to use the home. The current use is stated as an Airbnb, though the units could also be used as traditional rentals or for owner-occupancy with one unit rented out.
With two fully independent living spaces, the property supports flexibility within the duplex configuration, while retaining a consistent unit design across both sides.
Key Highlights
- Duplex built in 1926 featuring two separate units
- Each unit has 3 bedrooms and 1 bathroom
- Full kitchens with eat‑in space in both units
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 | $27.4k | $14.76 |
| − Vacancy | −$2.5k | −$1.35 |
| EGI | $24.9k | $13.41 |
| − OpEx | −$7.5k | −$4.02 |
| NOI | $17.4k | $9.39 |
1,856 SF · lease $14.76/SF/yr · vacancy 9.12% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$249.0K
$217.8K – $290.5K
NOI $17,427 @ 7.0% cap · market cap 3.49%
Second Best
Apartment 5plus
$196.2K
$171.6K – $228.9K
NOI $13,731 @ 7.0% cap · market cap 2.75%
Theoretical Best
Office A
$508.4K
$444.9K – $593.2K
NOI $35,591 @ 7.0% cap · market cap 7.13%
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 - Duplex includes two separate 3-bedroom, 1-bath units, each with a full kitchen and eat-in area.
Where is this duplex located?
The property is located at 1559 E BEAVER Street Jacksonville, FL.
What is the asking price?
The asking price for this property is $499,000.
What are key features of this property?
This property features: Duplex built in 1926 featuring two separate units; Each unit has 3 bedrooms and 1 bathroom; Full kitchens with eat‑in space in both units
