12-Unit Multifamily
For Sale
$183,000
2114 BROOKLYN Road, Jacksonville, FL 32209
Six duplex buildings are offered together, with two-bedroom, one-bath layouts throughout.
Property Size1,344 SF
Days on Market9
Property Features for 2114 BROOKLYN Road
General Information
Standard status
Active
Size
1,344 SF
Property subtype
Duplex
Units
Unit Mix
12 x 2BR/1BA
Multifamily Units
12
Additional Details
Asking Price
$1,098,000
Taxes and HOA fees
Annual Taxes
$2,464
Building Details
Building Size
1,344 SF
Year Built
1956
Buildings
6
Listing Agency:
MOMENTUM REALTY
Listed By:
IDALMES CRUZ PEREZ · License #3417035
(904) 450-1271
Source:
Houseandhavenrealty
Added: Oct 15
Changed: Oct 21
Last Checked: Oct 23 at 2:11PM
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 MOMENTUM REALTY
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Investment Insights
Based on property information with market context.
The offering combines six duplex buildings in Jacksonville’s 32209 area, for a total of 12 units. Each unit has two bedrooms and one bathroom, providing a consistent layout across the portfolio. The buildings date to 1956.
The six properties are being sold together as one package; individual buildings are not offered separately.
The six properties are being sold together as one package; individual buildings are not offered separately.
Key Highlights
- Six duplexes offered together as a 12‑unit package
- Each unit has 2 bedrooms and 1 bathroom
- Buildings constructed in 1956
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$12,620
Cap Rate
6.90%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$252,400
$252.4K
Cap Rate 7%
$180,286
$180.3K
Cap Rate 9%
$140,222
$140.2K
Market Conditions
NOI Build-Up for 1,344 SF
Gross rent
$19.8K $14.76/SF
− Vacancy
−$1.8K −$1.35/SF
EGI
$18.0K $13.41/SF
− OpEx
−$5.4K −$4.02/SF
NOI
$12.6K $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%
$252,400
Cap Rate 7%
$180,286
Cap Rate 9%
$140,222
Alternative Uses
Best Use
Multifamily LT 5
$180.3K
$157.8K – $210.3K
NOI $12,620 @ 7.0% cap · market cap 6.90%
Second Best
Apartment 5plus
$142.0K
$124.3K – $165.7K
NOI $9,943 @ 7.0% cap · market cap 5.43%
Theoretical Best
Office A
$368.2K
$322.2K – $429.6K
NOI $25,773 @ 7.0% cap · market cap 14.08%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Lease Details
12
Residential units
Location Intelligence
Trade Area within ½ mile
302
Businesses Nearby
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Business Placement
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
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Market
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Multifamily property - Six duplex buildings are offered together, with two-bedroom, one-bath layouts throughout.
Where is this multifamily property located?
The property is located at 2114 BROOKLYN Road 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: Six duplexes offered together as a 12‑unit package; Each unit has 2 bedrooms and 1 bathroom; Buildings constructed in 1956
