Duplex in Six-Property
For Sale
$183,000
1805 W 44TH Street, Jacksonville, FL 32209
The property is offered as part of a six-duplex portfolio with a consistent two-bedroom, one-bathroom unit layout.
Property Size1,344 SF
Days on Market9
Property Features for 1805 W 44TH Street
General Information
Standard status
Active
Size
1,344 SF
Property subtype
Duplex
Units
Unit Mix
12 x 2BR/1BA
Multifamily Units
12
Additional Details
Asking Price
$1,098,000
Taxes and HOA fees
Annual Taxes
$2,409
Building Details
Building Size
1,344 SF
Year Built
1957
Buildings
6
Listing Agency:
MOMENTUM REALTY
Listed By:
IDALMES CRUZ PEREZ · License #3417035
(904) 450-1271
Source:
Bebetterflorida
Added: Oct 15
Changed: Oct 20
Last Checked: Oct 23 at 2:12PM
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 MOMENTUM REALTY
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Investment Insights
Based on property information with market context.
This duplex is included in a portfolio comprising six duplexes and 12 units, offered together as one sale. Each unit has two bedrooms and one bathroom, providing a consistent layout across the group. The property was built in 1957 and has 1,344 square feet.
The portfolio is located in the 32209 area of Jacksonville. All six duplexes are to be purchased together.
The portfolio is located in the 32209 area of Jacksonville. All six duplexes are to be purchased together.
Key Highlights
- Part of a six‑duplex portfolio totaling 12 units
- Each unit has 2 bedrooms and 1 bathroom
- Built in 1957
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$12,620
Cap Rate
6.90%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$252,400
$252.4K
Cap Rate 7%
$180,286
$180.3K
Cap Rate 9%
$140,222
$140.2K
Market Conditions
NOI Build-Up for 1,344 SF
Gross rent
$19.8K $14.76/SF
− Vacancy
−$1.8K −$1.35/SF
EGI
$18.0K $13.41/SF
− OpEx
−$5.4K −$4.02/SF
NOI
$12.6K $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%
$252,400
Cap Rate 7%
$180,286
Cap Rate 9%
$140,222
Alternative Uses
Best Use
Multifamily LT 5
$180.3K
$157.8K – $210.3K
NOI $12,620 @ 7.0% cap · market cap 6.90%
Second Best
Apartment 5plus
$142.0K
$124.3K – $165.7K
NOI $9,943 @ 7.0% cap · market cap 5.43%
Theoretical Best
Office A
$368.2K
$322.2K – $429.6K
NOI $25,773 @ 7.0% cap · market cap 14.08%
Zoning and permitted uses should be independently verified with authorities.
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Lease Details
12
Residential units
Location Intelligence
Trade Area within ½ mile
309
Businesses Nearby
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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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Market
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Duplex - The property is offered as part of a six-duplex portfolio with a consistent two-bedroom, one-bathroom unit layout.
Where is this duplex located?
The property is located at 1805 W 44TH Street Jacksonville, FL.
What is the asking price?
The asking price for this property is $183,000.
What are key features of this property?
This property features: Part of a six‑duplex portfolio totaling 12 units; Each unit has 2 bedrooms and 1 bathroom; Built in 1957
