Remodeled Duplex with Updated
1811 Whitner Street, Jacksonville, FL 32209
For Sale
$210,000
Two rented units provide existing residential income, with one lease extending through April 2027 and the other on a month-to-month basis.
Property Size1,664 SF
Price / SF$126.20
Days on Market131
Property Features for 1811 Whitner Street
General Information
Standard status
Size
Property subtype
Occupancy
Financials
Gross Income
Average Monthly Rent
Site & Location
Neighborhood
Additional Details
Multifamily Units
Tenant in Place
Taxes and HOA fees
Annual Taxes
Amenities
backyard
off-street parking
Building Details
Building Size
Year Built
Stories
Units
Tenancy
Listing Agency:
WATSON REALTY CORP
(904) 446-4000
Listed By:
TRACY L COLLINS
(904) 610-4607
Source:
Boldandsold
Added: Jul 3
Changed: Nov 7
Last Checked: Nov 9 at 5:59PM
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 WATSON REALTY CORP
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This 1,664-square-foot duplex contains two rented units. The upstairs unit is leased through April 30, 2027, while the downstairs unit is occupied on a month-to-month basis. Improvements include kitchens updated in 2022, a 2023 shower and HVAC update in the second unit, and a water heater installed there in 2026. The exterior electrical panel has also been updated.
The property has a large backyard and off-street parking. The roof dates to 2018, and plumbing and interior and exterior paint were updated in 2022. Built in 1951, the duplex offers a two-unit configuration with several documented improvements.
The property has a large backyard and off-street parking. The roof dates to 2018, and plumbing and interior and exterior paint were updated in 2022. Built in 1951, the duplex offers a two-unit configuration with several documented improvements.
Key Highlights
- Two rented units totaling $1,900 per month
- Upstairs unit leased through 4/30/2027; downstairs unit is month‑to‑month
- 1,664 square feet; built in 1951
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$15,624
Cap Rate
7.44%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$312,480
$312.5K
Cap Rate 7%
$223,200
$223.2K
Cap Rate 9%
$173,600
$173.6K
Market Conditions
NOI Build-Up for 1,664 SF
Gross rent
$24.6K $14.76/SF
− Vacancy
−$2.2K −$1.35/SF
EGI
$22.3K $13.41/SF
− OpEx
−$6.7K −$4.02/SF
NOI
$15.6K $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%
$312,480
Cap Rate 7%
$223,200
Cap Rate 9%
$173,600
Alternative Uses
Best Use
Multifamily LT 5
$223.2K
$195.3K – $260.4K
NOI $15,624 @ 7.0% cap · market cap 7.44%
Second Best
Apartment 5plus
$175.9K
$153.9K – $205.2K
NOI $12,311 @ 7.0% cap · market cap 5.86%
Theoretical Best
Office A
$455.8K
$398.9K – $531.8K
NOI $31,909 @ 7.0% cap · market cap 15.19%
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
2
Residential units
100%
Occupancy
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
590
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
$92,300
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Average Price Trend$/SF for Duplexes in Jacksonville, FL
Properties on Market for Duplexes in Jacksonville
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Duplex - Two rented units provide existing residential income, with one lease extending through April 2027 and the other on a month-to-month basis.
Where is this duplex located?
The property is located at 1811 Whitner Street Jacksonville, FL.
What is the asking price?
The asking price for this property is $210,000.
What are key features of this property?
This property features: Two rented units totaling $1,900 per month; Upstairs unit leased through 4/30/2027; downstairs unit is month‑to‑month; 1,664 square feet; built in 1951
