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Remodeled Two-Unit Duplex
For Sale
Under Contract
$489,900

2012 KINGSWOOD Road, Jacksonville, FL 32207

Residential Income, Jacksonville, FL

Property Size1,902 SF
Lot Size0.19 Acres
Price / SF$257.57
Days on Market51

Property Features for 2012 KINGSWOOD Road

General Information

Property type Residential Multi Family
Property subtype Duplex
Bedrooms 4
Bathrooms 4
Full bathrooms 4
Rooms Bedroom 1, Bedroom 2, Bathroom 1, Bathroom 2, Bedroom 4, Bathroom 3, Bedroom 3, Bathroom 4
Parking features Off Street, On Street, RV
Appliances Dishwasher, Electric Oven, Microwave
Subdivision Section Land
Lot features Wooded
Directions From Philips Hwy, exit west onto St Augustine Rd, left onto Kingswood Rd, home on right.
Standard status Active Under Contract
APN 1304390000
Size 1,902 SF
Lot size 0.19 Acres

Taxes and HOA fees

Tax Year 2025
Tax Annual Amount 3643

Utilities

Heating system Central, Electric (Heating)
Cooling system Electric, Central Air
Water source Public

Building Details

Year built 1984
Floors in Building 1
Number of units 2
Building materials Frame, Wood Siding
Roof type Shingle
Listing Agency: RE/MAX SPECIALISTS PV · RE/MAX International
Listed By: STEVE PATE
Added: Aug 29 Changed: Oct 2 Last Checked: Oct 18 at 4:06PM
MLS# 2162699

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 remodeled duplex contains two separate residences totaling 1,902 square feet, with each unit offering 2 bedrooms and 2 bathrooms. The interiors include wood flooring, refreshed doors and hardware, solid-surface kitchen countertops, stainless steel appliances, and bright kitchen finishes. A newer shingle roof adds to the property’s recent improvements, while central electric heating and cooling serve the units.

Set on a 0.19-acre parcel in the San Marco area of Jacksonville, the property includes private backyard space for each residence. Parking options include off-street, on-street, and RV parking. The home was built in 1984 and is connected to public water.

Key Highlights

  • Two‑unit duplex with 1,902 square feet
  • Each residence includes 2 bedrooms and 2 bathrooms
  • 0.19‑acre parcel in Jacksonville’s San Marco area

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$17,859
Cap Rate
3.65%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$357,180 $357.2K
Cap Rate 7%
$255,129 $255.1K
Cap Rate 9%
$198,433 $198.4K
Market Conditions
NOI Build-Up for 1,902 SF
Gross rent
$28.1K $14.76/SF
− Vacancy
−$2.6K −$1.35/SF
EGI
$25.5K $13.41/SF
− OpEx
−$7.7K −$4.02/SF
NOI
$17.9K $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%
$357,180
Cap Rate 7%
$255,129
Cap Rate 9%
$198,433

Alternative Uses

Best Use
Multifamily LT 5
$255.1K
$223.2K – $297.7K (±1% cap)
NOI $17,859 @ 7.0% cap · market cap 3.65%
Second Best
Apartment 5plus
$201.0K
$175.9K – $234.5K (±1% cap)
NOI $14,072 @ 7.0% cap · market cap 2.87%
Theoretical Best
Office A
$521.0K
$455.9K – $607.9K (±1% cap)
NOI $36,473 @ 7.0% cap · market cap 7.44%
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 Parking Lot & Garage (Bike/Boat/Book/etc) Store Hair Salon Skin Care Clinic Florist Tech Support Center

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

Location Intelligence

Trade Area within ½ mile

780
Businesses Nearby

Demographics for 32207, FL

36,207
Population
18,866
Households
1.9
Avg Household Size
39
Median Age
38%
College-Educated
86%
High-School Grad
11.4 sq mi
ZIP Area
3,176
Density / Sq Mi
$60,875
Median Household Income
$45,478
Median Earnings
$1,139
Median Rent
$254,800
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 - Updated kitchens and private backyards support comfortable, separate living across both residences.
Where is this duplex located?
The property is located at 2012 KINGSWOOD Road Jacksonville, FL.
What is the asking price?
The asking price for this property is $489,900.
What are key features of this property?
This property features: Two‑unit duplex with 1,902 square feet; Each residence includes 2 bedrooms and 2 bathrooms; 0.19‑acre parcel in Jacksonville’s San Marco area
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