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Duplex Income Property

2014 10th St W Bradenton, FL 34205

New
2014 10th St W, Bradenton, FL, 34205
$324,999
For Sale
$324,999

Duplex with a leased two-bedroom unit and a vacant studio, with tenants responsible for utilities.

Property Size1,075 SF
Price / SF$302.32
Days on Market3

Property Features for 2014 10th St W

General Information

Standard status
Active
Size
1,075 SF
Property subtype
Multi-Family

Building Details

Year Built
1950
Listing agency WAGNER REALTY
Listed by Austin Oakes · License #3631068
Source Whitesandsfl
Added: Jul 20 Updated: Jul 21 at 11:02PM Checked: Jul 22 at 4:50AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of WAGNER REALTY


Investment Insights

Based on property information with market context.

This duplex for sale at 2014 10th St W, Bradenton, FL 34205 offers two distinct living units: a two-bedroom, one-bath unit and a separate studio unit. The two-bedroom unit is currently leased, while the studio unit is vacant and projected to be leaseable based on the seller’s stated rent expectation. Tenants pay utilities, which can help reduce landlord utility expense.

The property is described as being in overall good cosmetic condition.

Units include one two-bedroom, one-bath layout and one studio unit, creating a straightforward owner-occupied or income-focused configuration.

Key Highlights

  • 1950‑built duplex with 4 total units
  • Unit mix includes a leased 2‑bedroom/1‑bath and a separate 2‑bedroom unit
  • Studio unit is vacant; 2‑bedroom units are part of the rental setup

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 $21.3k $19.80
− Vacancy −$1.1k −$1.03
EGI $20.2k $18.77
− OpEx −$6.1k −$5.63
NOI $14.1k $13.14
1,075 SF · lease $19.80/SF/yr · vacancy 5.22% · expense 30.00%

Alternative Uses

Best Use
Multifamily LT 5
$201.7K
$176.5K – $235.4K (±1% cap)
NOI $14,122 @ 7.0% cap · market cap 4.35%
Second Best
Apartment 5plus
$185.8K
$162.6K – $216.8K (±1% cap)
NOI $13,007 @ 7.0% cap · market cap 4.00%
Theoretical Best
Office A
$316.1K
$276.6K – $368.8K (±1% cap)
NOI $22,129 @ 7.0% cap · market cap 6.81%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Location Intelligence

Current Use by Public Records

Duplexes

Suggested Use

Dental Office Locksmith Acupuncture Catering Service Plumbing Service (Bike/Boat/Book/etc) Store Travel Agency Butcher (Bike/Boat/Book/etc) Store Furniture & Home Goods

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Duplex - Duplex with a leased two-bedroom unit and a vacant studio, with tenants responsible for utilities.
Where is this duplex located?
The property is located at 2014 10th St W Bradenton, FL.
What is the asking price?
The asking price for this property is $324,999.
What are key features of this property?
This property features: 1950‑built duplex with 4 total units; Unit mix includes a leased 2‑bedroom/1‑bath and a separate 2‑bedroom unit; Studio unit is vacant; 2‑bedroom units are part of the rental setup
Contact an agent
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