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Duplex with Central Air

1956 PHOENIX Avenue, Jacksonville, FL 32206

For Sale
$250,000

Residential Income, Jacksonville, FL

Property Size1,728 SF
Lot Size0.12 Acres
Price / SF$144.68
Days on Market238

Property Features for 1956 PHOENIX Avenue

General Information

Property type Residential Multi Family
Property subtype Duplex
Bedrooms 4
Bathrooms 2
Full bathrooms 2
Rooms Bathroom 1, Bedroom 2, Bathroom 2, Bedroom 4, Bedroom 3, Bedroom 1
Parking features Off Street, On Street
Appliances Electric Cooktop, Electric Oven, Electric Range, Electric Water Heater
Subdivision Eastside
Lot features Cleared
Directions I-95N to exit 354A US-1, Merge onto US-1 South, Phoenix Ave exit, turn right
Standard status Active
APN 1139880000
Size 1,728 SF
Lot size 0.12 Acres

Taxes and HOA fees

Tax Year 2025
Tax Annual Amount 707

Utilities

Utilities Cable Available
Sewer type Public Sewer
Heating system Central
Cooling system Central Air
Water source Public

Building Details

Year built 1909
Floors in Building 1
Number of units 2
Roof type Shingle
Listing Agency: KELLER WILLIAMS FIRST COAST REALTY · Keller Williams Realty
Listed By: ERIC RICE · License FL #3421048
Added: Mar 18 Changed: Oct 27 Last Checked: Nov 10 at 2:06AM
MLS# 2135448

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 duplex contains 1,728 square feet on a 0.12-acre lot and was built in 1909. The residence includes four bedrooms and two bathrooms, with central heating and central air conditioning serving the interior. A shingle roof, electric cooking appliances, and an electric water heater are among the existing improvements.

Parking is available both off the street and on the street. The property is connected to public water and public sewer, with cable service available. Located at 1956 Phoenix Avenue in Jacksonville, the home is in Duval County and carries a 32206 ZIP code.

Key Highlights

  • Duplex with 1,728 square feet of building area
  • 0.12‑acre lot in Jacksonville, FL 32206
  • Four bedrooms and two bathrooms

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$16,225
Cap Rate
6.49%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$324,500 $324.5K
Cap Rate 7%
$231,786 $231.8K
Cap Rate 9%
$180,278 $180.3K
Market Conditions
NOI Build-Up for 1,728 SF
Gross rent
$25.5K $14.76/SF
− Vacancy
−$2.3K −$1.35/SF
EGI
$23.2K $13.41/SF
− OpEx
−$7.0K −$4.02/SF
NOI
$16.2K $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%
$324,500
Cap Rate 7%
$231,786
Cap Rate 9%
$180,278

Alternative Uses

Best Use
Multifamily LT 5
$231.8K
$202.8K – $270.4K (±1% cap)
NOI $16,225 @ 7.0% cap · market cap 6.49%
Second Best
Apartment 5plus
$182.6K
$159.8K – $213.1K (±1% cap)
NOI $12,784 @ 7.0% cap · market cap 5.11%
Theoretical Best
Office A
$473.4K
$414.2K – $552.3K (±1% cap)
NOI $33,136 @ 7.0% cap · market cap 13.25%
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
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Lease Details

2
Residential units

Location Intelligence

Trade Area within ½ mile

583
Businesses Nearby

Demographics for 32206, FL

18,283
Population
9,415
Households
1.9
Avg Household Size
38
Median Age
21%
College-Educated
82%
High-School Grad
6.2 sq mi
ZIP Area
2,949
Density / Sq Mi
$37,585
Median Household Income
$34,353
Median Earnings
$866
Median Rent
$153,500
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Average Price Trend$/SF for Duplexes in Jacksonville, FL

$188 Jul
$182 Aug
$178 Sep
$176 Oct

Properties on Market for Duplexes in Jacksonville

Jul
Aug
Sep
Oct

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 - Two-unit property with individual living areas, central systems, and both off-street and on-street parking.
Where is this duplex located?
The property is located at 1956 PHOENIX Avenue Jacksonville, FL.
What is the asking price?
The asking price for this property is $250,000.
What are key features of this property?
This property features: Duplex with 1,728 square feet of building area; 0.12‑acre lot in Jacksonville, FL 32206; Four bedrooms and two bathrooms
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