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Modern Two-Unit Duplex
For Sale
$299,990
Pending

1852 W 20TH Street, Jacksonville, FL 32209

Residential Income, Jacksonville, FL

Property Size1,710 SF
Lot Size0.23 Acres
Days on Market114

Property Features for 1852 W 20TH Street

General Information

Property type Residential Multi Family
Property subtype Duplex
Property condition Under Construction
Bedrooms 4
Bathrooms 2
Full bathrooms 2
Rooms Bathroom 2, Bedroom 1, Bedroom 3, Bedroom 4, Bathroom 1, Bedroom 2
Parking features Off Street
Appliances Dishwasher, Microwave
Subdivision Grand Boulevard
Lot features Cleared
Directions Take I-95 N to US-1 N/Martin Luther King Jr Pkwy. Take exit 354B from I-95 N. Merge onto US-1 N/Martin Luther King Jr Pkwy. Turn left onto Fairfax St. Turn right at the 2nd cross street onto W 20th St. The destination will be on the left.
Standard status Pending
APN 0459250000
Size 1,710 SF
Lot size 0.23 Acres

Taxes and HOA fees

Tax Year 2025
Tax Annual Amount 466

Utilities

Utilities Cable Available
Heating system Central
Cooling system Central Air

Building Details

Number of units 2
Flooring type Laminate
Listing Agency: REAL BROKER LLC
Listed By: JACQUELYN SCOTT
Added: Jun 27 Changed: Oct 8 Last Checked: Oct 18 at 3:06PM
MLS# 2155687

Copyright © 2026 realMLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

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Investment Insights

Based on property information with market context.

This under-construction duplex is offered as a single property with 1,710 square feet of total building area. Each unit provides 855 square feet with two bedrooms, two bathrooms, an open-concept layout, a contemporary kitchen, laminate flooring, central heating, and central air. Dishwashers and microwaves are included, while off-street parking serves the property. The lot encompasses 0.23 acres, and cable is available.

Located at 1852 W 20TH Street in Jacksonville, the property is near shopping, dining, major highways, and downtown Jacksonville. The two-unit configuration and separate residential layouts provide a defined multifamily format for ownership or leasing use.

Key Highlights

  • Two‑unit duplex with 1,710 square feet of total building area
  • Each unit includes 855 square feet, 2 bedrooms, and 2 bathrooms
  • Under construction with open‑concept layouts and contemporary kitchens

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$16,056
Cap Rate
5.35%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$321,120 $321.1K
Cap Rate 7%
$229,371 $229.4K
Cap Rate 9%
$178,400 $178.4K
Market Conditions
NOI Build-Up for 1,710 SF
Gross rent
$25.2K $14.76/SF
− Vacancy
−$2.3K −$1.35/SF
EGI
$22.9K $13.41/SF
− OpEx
−$6.9K −$4.02/SF
NOI
$16.1K $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%
$321,120
Cap Rate 7%
$229,371
Cap Rate 9%
$178,400

Alternative Uses

Best Use
Multifamily LT 5
$229.4K
$200.7K – $267.6K (±1% cap)
NOI $16,056 @ 7.0% cap · market cap 5.35%
Second Best
Apartment 5plus
$180.7K
$158.1K – $210.9K (±1% cap)
NOI $12,651 @ 7.0% cap · market cap 4.22%
Theoretical Best
Office A
$468.4K
$409.9K – $546.5K (±1% cap)
NOI $32,791 @ 7.0% cap · market cap 10.93%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

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Current Use

Duplexes

Suggested Use

Top Pick Real Estate Agency Law Firm Dental Office Spa & Massage Center Pharmacy Nail Salon

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

2
Residential units
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

332
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 - Under-construction duplex with two-bedroom, two-bath layouts and contemporary interior finishes.
Where is this duplex located?
The property is located at 1852 W 20TH Street Jacksonville, FL.
What is the asking price?
The asking price for this property is $299,990.
What are key features of this property?
This property features: Two‑unit duplex with 1,710 square feet of total building area; Each unit includes 855 square feet, 2 bedrooms, and 2 bathrooms; Under construction with open‑concept layouts and contemporary kitchens
More about this property
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