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Duplex with Vacant Unit
For Sale
$195,000

1763 Whitner St, Jacksonville, FL 32209

One unit remains occupied through August 2027, while the other is available for a new occupant or renovation plan.

Property Size1,124 SF
Price / SF$173.49
Days on Market55

Property Features for 1763 Whitner St

General Information

Standard status Active
Size 1,124 SF
Property subtype Multi-Family

Site & Location

Neighborhood Mixon Town
Highway Access Yes

Building Details

Year Built 1953
Listed By: Florida Coastal Team
Source: Floridacoastalteam
Added: Sep 7 Changed: Oct 25 Last Checked: Oct 30 at 1:54PM

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 Florida Coastal Team

Rey
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Investment Insights

Based on property information with market context.

This 1953-built duplex contains 4BR/2BA across two residential units. One unit is occupied under a tenancy extending through August 2027, and the second unit is vacant, providing flexibility for an owner-occupant or a separate leasing plan.

The property is located on Whitner Street in Jacksonville’s Northside, with access to I-95, Downtown Jacksonville, and the area’s sports and entertainment district. Its two-unit configuration offers a straightforward residential income property format with one established occupancy and one available unit.

Key Highlights

  • Two‑unit duplex with 4BR/2BA
  • One unit tenant‑occupied through August 2027
  • Second unit is vacant

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$10,554
Cap Rate
5.41%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$211,080 $211.1K
Cap Rate 7%
$150,771 $150.8K
Cap Rate 9%
$117,267 $117.3K
Market Conditions
NOI Build-Up for 1,124 SF
Gross rent
$16.6K $14.76/SF
− Vacancy
−$1.5K −$1.35/SF
EGI
$15.1K $13.41/SF
− OpEx
−$4.5K −$4.02/SF
NOI
$10.6K $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%
$211,080
Cap Rate 7%
$150,771
Cap Rate 9%
$117,267

Alternative Uses

Best Use
Multifamily LT 5
$150.8K
$131.9K – $175.9K (±1% cap)
NOI $10,554 @ 7.0% cap · market cap 5.41%
Second Best
Apartment 5plus
$118.8K
$104.0K – $138.6K (±1% cap)
NOI $8,316 @ 7.0% cap · market cap 4.26%
Theoretical Best
Office A
$307.9K
$269.4K – $359.2K (±1% cap)
NOI $21,554 @ 7.0% cap · market cap 11.05%
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

Yes
Highway access

Location Intelligence

Trade Area within ½ mile

590
Businesses Nearby

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025

Frequently Asked Questions

What type of property is this?
Duplex - One unit remains occupied through August 2027, while the other is available for a new occupant or renovation plan.
Where is this duplex located?
The property is located at 1763 Whitner St Jacksonville, FL.
What is the asking price?
The asking price for this property is $195,000.
What are key features of this property?
This property features: Two‑unit duplex with 4BR/2BA; One unit tenant‑occupied through August 2027; Second unit is vacant
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