Jacksonville Duplex: Income
1956 PHOENIX Avenue Jacksonville, FL 32206
1956 PHOENIX Avenue, Jacksonville, FL, 32206
$250,000
For Sale
$250,000
MULTI_FAMILY - Jacksonville, FL
Property Size1,728 SF
Lot Size0.12 Acres
Price / SF$144.68
Days on Market127
Property Features for 1956 PHOENIX Avenue
General Information
- Property type
- Residential Multi Family
- Property subtype
- Duplex
- Bedrooms
- 4
- Bathrooms
- 2
- Rooms
- Bedroom 1, Bathroom 1, Bedroom 4, Bedroom 3, Bathroom 2, Bedroom 2
- Parking features
- Off Street, On Street
- Appliances
- Electric Cooktop, Electric Oven, Electric Range, Electric Water Heater
- 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
(904) 541-0180
Listed by
ERIC RICE · License #3421048
(904) 229-2619
Added: Mar 18 Updated: Jul 17 at 4:36PM Checked: Jul 22 at 8:06AM
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.
Investment Insights
Based on property information with market context.
This duplex is located in a rapidly growing downtown Jacksonville neighborhood experiencing increased development, dining options, and entertainment venues. The property offers flexibility for investors seeking rental income or buyers looking to offset their mortgage by living in one unit. Each unit features a functional layout with comfortable living spaces suitable for long-term tenants or short-term rental opportunities. The property is positioned for appreciation and strong cash flow potential due to increasing demand and ongoing revitalization in the area. Its location provides convenient access to downtown hotspots, local restaurants, shops, and major roadways. This property combines lifestyle and income-producing potential in an up-and-coming location. The lot size is 0.12 acres, and the property size is 1728 square feet.
Key Highlights
- 1909‑built duplex with two units and a functional layout
- Central heating and central air conditioning
- Appliances included: electric cooktop, electric oven, electric range, and electric water heater
Local Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $25.5k | $14.76 |
| − Vacancy | −$2.3k | −$1.35 |
| EGI | $23.2k | $13.41 |
| − OpEx | −$7.0k | −$4.02 |
| NOI | $16.2k | $9.39 |
1,728 SF · lease $14.76/SF/yr · vacancy 9.12% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$231.8K
$202.8K – $270.4K
NOI $16,225 @ 7.0% cap · market cap 6.49%
Second Best
Apartment 5plus
$182.6K
$159.8K – $213.1K
NOI $12,784 @ 7.0% cap · market cap 5.11%
Theoretical Best
Office A
$473.4K
$414.2K – $552.3K
NOI $33,136 @ 7.0% cap · market cap 13.25%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
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FAQs
What type of property is this?
Duplex - Versatile duplex in growing downtown Jacksonville neighborhood with income potential.
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: 1909‑built duplex with two units and a functional layout; Central heating and central air conditioning; Appliances included: electric cooktop, electric oven, electric range, and electric water heater
