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Duplex in Six-Property Portfolio
For Sale
$183,000

1925 ELLA Street, Jacksonville, FL 32209

Residential Income, Jacksonville, FL

Property Size1,712 SF
Lot Size0.09 Acres
Price / SF$106.89
Days on Market9

Property Features for 1925 ELLA Street

General Information

Property type Residential Multi Family
Property subtype Duplex
Bedrooms 4
Bathrooms 2
Full bathrooms 2
Rooms Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4, Bathroom 1, Bathroom 2
Parking features On Street
Subdivision ESTATES AT ALOMA WOODS PH 3
Directions From Downtown, take Kings Rd (US-17) northwest about 1.6 mi. Turn right on Spires Ave, then left on Ella St. Property is on the right.
Standard status Active
APN 0517660000
Size 1,712 SF
Lot size 0.09 Acres

Taxes and HOA fees

Tax Year 2025
Tax Annual Amount 2619

Utilities

Sewer type Public Sewer
Cooling system Window Unit(s), Wall/Window Unit(s)
Water source Public

Building Details

Year built 1952
Floors in Building 1
Number of units 2
Listing Agency: MOMENTUM REALTY
Listed By: IDALMES CRUZ PEREZ
Added: Oct 9 Changed: Oct 15 Last Checked: Oct 17 at 5:06PM
MLS# 2169376

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 Jacksonville offering comprises six duplexes containing 12 units, sold together as a single package. Each residence has two bedrooms and one bathroom. The listed duplex contains 1,712 square feet on a 0.09-acre lot and was built in 1952.

The property is served by public water and sewer. Parking is available on the street, and cooling is provided by window or wall/window units.

Key Highlights

  • Portfolio sale includes 6 duplexes and 12 units
  • Each unit has 2 bedrooms and 1 bathroom
  • Listed duplex contains 1,712 square feet on a 0.09‑acre lot

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$16,075
Cap Rate
8.78%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$321,500 $321.5K
Cap Rate 7%
$229,643 $229.6K
Cap Rate 9%
$178,611 $178.6K
Market Conditions
NOI Build-Up for 1,712 SF
Gross rent
$25.3K $14.76/SF
− Vacancy
−$2.3K −$1.35/SF
EGI
$23.0K $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%
$321,500
Cap Rate 7%
$229,643
Cap Rate 9%
$178,611

Alternative Uses

Best Use
Multifamily LT 5
$229.6K
$200.9K – $267.9K (±1% cap)
NOI $16,075 @ 7.0% cap · market cap 8.78%
Second Best
Apartment 5plus
$180.9K
$158.3K – $211.1K (±1% cap)
NOI $12,666 @ 7.0% cap · market cap 6.92%
Theoretical Best
Office A
$469.0K
$410.4K – $547.2K (±1% cap)
NOI $32,829 @ 7.0% cap · market cap 17.94%
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 Dental Office Law Firm Spa & Massage Center HVAC Service Parking Lot & Garage

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

12
Residential units

Location Intelligence

Trade Area within ½ mile

492
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 - The offering combines six duplexes in one sale, with two-bedroom, one-bathroom layouts throughout.
Where is this duplex located?
The property is located at 1925 ELLA 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: Portfolio sale includes 6 duplexes and 12 units; Each unit has 2 bedrooms and 1 bathroom; Listed duplex contains 1,712 square feet on a 0.09‑acre lot
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