1630 LARUE Avenue, Jacksonville, FL 32207
MULTI_FAMILY - Jacksonville, FL
Property Features for 1630 LARUE Avenue
General Information
Taxes and HOA fees
Utilities
Building Details
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Investment Insights
Based on property information with market context.
Attached to the main home is a 2-bedroom, 1-bath apartment, offering additional rental flexibility. At the rear of the expansive lot, a detached 818-square-foot 2-bedroom, 1-bath cottage is partially furnished and can continue as a short-term rental or transition to a long-term lease.
The property is zoned as a multi-family dwelling, which may allow for adding an ADU. The interior units have not been affected by flooding during hurricane season. Built in 1924, the home features wood siding, a shingle roof, central heating and central air, a fireplace, tile and wood flooring, and public water and public sewer. Parking is available on street.
Key Highlights
- 0.27‑acre lot with 3,477 SF total building area
- Main 3bed/2bath home sold fully furnished and currently operating as an Airbnb
- Attached 2bed/1bath apartment for additional rental revenue or flexible living
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 | $51.3k | $14.76 |
| − Vacancy | −$4.7k | −$1.35 |
| EGI | $46.6k | $13.41 |
| − OpEx | −$14.0k | −$4.02 |
| NOI | $32.6k | $9.39 |
Alternative Uses
Property Analytics
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Demographics for 32207, FL
Market
Vacancy Rate% for Multifamily in South region