Tenant-Occupied
212 E 6TH Street, Jacksonville, FL 32206
For Sale
$410,000
Fully leased two-unit property with professional management, central air conditioning, hardwood floors, and access to nearby urban amenities.
Property Size2,638 SF
Price / SF$155.42
Days on Market58
Property Features for 212 E 6TH Street
General Information
Standard status
Size
Property subtype
Occupancy
Site & Location
Neighborhood
Units
Unit Mix
Multifamily Units
Additional Details
Gross Income
Amenities
central AC
hardwood flooring
Building Details
Year Built
Buildings
Tenancy
Listing Agency:
THIRDSTONE PROPERTIES LLC
(904) 878-1769
Listed By:
MICHAEL BRADDOCK · License FL #3419431
(904) 586-1328
Source:
Endlesssummerrealty
Added: Sep 14
Changed: Nov 8
Last Checked: Nov 8 at 6:43AM
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 THIRDSTONE PROPERTIES LLC
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Investment Insights
Based on property information with market context.
Built in 1919, this 2,638-square-foot duplex contains two tenant-occupied residences, each measuring 1,319 square feet. The lower unit offers two bedrooms and two bathrooms, while the upper residence includes three bedrooms and two bathrooms. Both units have central AC, hardwood flooring with some carpet, and established occupancy. Exterior painting was completed within the past few years, and professional property management is already in place.
The property is situated in Historic Springfield near downtown Jacksonville, with restaurants, shopping, parks, and other neighborhood amenities nearby. The lower unit has a lease expiration of 2/28/27, providing a defined term for that tenancy.
The property is situated in Historic Springfield near downtown Jacksonville, with restaurants, shopping, parks, and other neighborhood amenities nearby. The lower unit has a lease expiration of 2/28/27, providing a defined term for that tenancy.
Key Highlights
- 2,638 SF duplex with two 1,319 SF units
- Both residences are currently tenant occupied
- Lower unit has 2 bedrooms and 2 bathrooms
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$24,770
Cap Rate
6.04%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$495,400
$495.4K
Cap Rate 7%
$353,857
$353.9K
Cap Rate 9%
$275,222
$275.2K
Market Conditions
NOI Build-Up for 2,638 SF
Gross rent
$38.9K $14.76/SF
− Vacancy
−$3.6K −$1.35/SF
EGI
$35.4K $13.41/SF
− OpEx
−$10.6K −$4.02/SF
NOI
$24.8K $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%
$495,400
Cap Rate 7%
$353,857
Cap Rate 9%
$275,222
Alternative Uses
Best Use
Multifamily LT 5
$353.9K
$309.6K – $412.8K
NOI $24,770 @ 7.0% cap · market cap 6.04%
Second Best
Apartment 5plus
$278.8K
$244.0K – $325.3K
NOI $19,517 @ 7.0% cap · market cap 4.76%
Theoretical Best
Office A
$722.7K
$632.3K – $843.1K
NOI $50,586 @ 7.0% cap · market cap 12.34%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
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Open Analytics
Lease Details
2
Residential units
100%
Occupancy
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
1,149
Businesses Nearby
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Business Placement
Demographics for 32206, FL
18,283
Population
9,415
Households
1.9
Avg Household Size
38
Median Age
21%
College-Educated
82%
High-School Grad
6.2 sq mi
ZIP Area
2,949
Density / Sq Mi
$37,585
Median Household Income
$34,353
Median Earnings
$866
Median Rent
$153,500
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Average Price Trend$/SF for Duplexes in Jacksonville, FL
Properties on Market for Duplexes in Jacksonville
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Duplex - Fully leased two-unit property with professional management, central air conditioning, hardwood floors, and access to nearby urban amenities.
Where is this duplex located?
The property is located at 212 E 6TH Street Jacksonville, FL.
What is the asking price?
The asking price for this property is $410,000.
What are key features of this property?
This property features: 2,638 SF duplex with two 1,319 SF units; Both residences are currently tenant occupied; Lower unit has 2 bedrooms and 2 bathrooms
