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12-Unit Duplex Portfolio
For Sale
$183,000

2118 BROOKLYN Road, Jacksonville, FL 32209

Residential Income, Jacksonville, FL

Property Size1,344 SF
Lot Size0.14 Acres
Price / SF$136.16
Days on Market9

Property Features for 2118 BROOKLYN Road

General Information

Property type Residential Multi Family
Property subtype Duplex
Bedrooms 4
Bathrooms 2
Full bathrooms 2
Rooms Bedroom 2, Bedroom 1, Bathroom 2, Bedroom 4, Bedroom 3, Bathroom 1
Parking 2
Subdivision ESTATES AT ALOMA WOODS PH 3
Directions I-95 N to Exit 355 (Golfair Blvd). Turn left on Golfair Blvd, which becomes Moncrief Rd. Go 0.9 mi on Moncrief Rd, turn left on Meharry Ave, then right on Brooklyn Rd. Properties are on the left.
Standard status Active
APN 0860950000
Size 1,344 SF
Lot size 0.14 Acres

Taxes and HOA fees

Tax Year 2025
Tax Annual Amount 2450

Utilities

Cooling system Window Unit(s), Wall/Window Unit(s)

Building Details

Year built 1956
Number of units 2
Listing Agency: MOMENTUM REALTY
Listed By: IDALMES CRUZ PEREZ
Added: Oct 9 Changed: Oct 15 Last Checked: Oct 17 at 5:06PM
MLS# 2169380

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.

The offering combines six duplexes into a 12-unit portfolio. Each unit has two bedrooms and one bathroom, providing a consistent layout throughout. The listed duplex contains 1,344 square feet on a 0.14-acre lot and was built in 1956. Cooling is provided by window or wall/window units.

All six duplexes are being sold together as one package; the individual duplex is not offered separately.

Key Highlights

  • Package includes 6 duplexes totaling 12 units
  • Each unit has 2 bedrooms and 1 bathroom
  • Listed duplex contains 1,344 square feet on a 0.14‑acre lot

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 (±1% cap)
NOI $12,620 @ 7.0% cap · market cap 6.90%
Second Best
Apartment 5plus
$142.0K
$124.3K – $165.7K (±1% cap)
NOI $9,943 @ 7.0% cap · market cap 5.43%
Theoretical Best
Office A
$368.2K
$322.2K – $429.6K (±1% cap)
NOI $25,773 @ 7.0% cap · market cap 14.08%
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 Real Estate Agency Law Firm Dental Office Building Supply Parking Lot & Garage Kitchen & Bath Showroom

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

12
Residential units

Location Intelligence

Trade Area within ½ mile

302
Businesses Nearby

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
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 - Six duplexes are offered together, with matching two-bedroom, one-bath layouts across the portfolio.
Where is this duplex located?
The property is located at 2118 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: Package includes 6 duplexes totaling 12 units; Each unit has 2 bedrooms and 1 bathroom; Listed duplex contains 1,344 square feet on a 0.14‑acre lot
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