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Two-Residence Duplex
New
For Sale
$349,997

2230 9TH Avenue W, Bradenton, FL 34205

Residential Income, BRADENTON, FL

Property Size1,762 SF
Lot Size0.14 Acres
Price / SF$198.64
Days on Market4

Property Features for 2230 9TH Avenue W

General Information

Property type Residential Multi Family
Property subtype Duplex
Zoning R-1C
Bedrooms 5
Bathrooms 3
Full bathrooms 3
Rooms Bedroom 1, Bedroom 5, Bedroom 4, Bathroom 2, Bathroom 3, Bedroom 3, Bathroom 1, Bedroom 2
Subdivision WHITE BEAR PARK
Directions west on Manatee Avenue West toward the Gulf beaches, then turn left (south) onto 22nd Street West. Drive south for roughly three blocks until you hit the intersection with 9th Avenue West. Turn right (west) onto 9th Avenue West, and your destination will be immediately on the left side of the street, just past the corner.
Standard status Active
APN 3438500005
Size 1,762 SF
Lot size 0.14 Acres

Taxes and HOA fees

Tax Year 2025
Tax Description LOT 26 BLK J WHITE BEAR PARK PI#34385.0000/5
Tax Annual Amount 1578
Legal Description LOT 26 BLK J WHITE BEAR PARK PI#34385.0000/5

Utilities

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

Building Details

Year built 1925
Floors in Building 1
Building materials Frame
Roof type Shingle
Buildings 2
Listing Agency: BRIGHT REALTY
Listed By: Gabriel Reed · License #0676896
Added: Oct 29 Changed: Nov 1 Last Checked: Nov 1 at 3:06PM
MLS# A4710925

Copyright © 2026 Stellar MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Rey
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Investment Insights

Based on property information with market context.

This duplex includes a main residence with 3 bedrooms and 2 bathrooms, plus a separate 2-bedroom, 1-bathroom guest house. The two dwellings have separate entrances, including access from 9th Avenue W and a rear alley. The property was built in 1925 and occupies 0.14 acres.

Updates include a roof and central air system installed in 2022. The main home has new drywall, texture, paint, and flooring throughout. Kitchen improvements include solid wood cabinets with soft-close doors, quartz counters, and stainless steel appliances; the bathrooms feature tiled showers, walls, and new vanities. The water heater, appliances, and bathroom updates are dated 2026. Public water and sewer serve the property.

Key Highlights

  • Two residences: main home with 3 bedrooms and 2 bathrooms; guest house with 2 bedrooms and 1 bathroom
  • Separate entrances from 9th Avenue W and a rear alley
  • 1,762 square feet on a 0.14‑acre lot

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$23,147
Cap Rate
6.61%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$462,940 $462.9K
Cap Rate 7%
$330,671 $330.7K
Cap Rate 9%
$257,189 $257.2K
Market Conditions
NOI Build-Up for 1,762 SF
Gross rent
$34.9K $19.80/SF
− Vacancy
−$1.8K −$1.03/SF
EGI
$33.1K $18.77/SF
− OpEx
−$9.9K −$5.63/SF
NOI
$23.1K $13.14/SF
Area
Manatee County, FL
Vacancy
5.22%
Lease Rate
$19.80 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$462,940
Cap Rate 7%
$330,671
Cap Rate 9%
$257,189

Alternative Uses

Best Use
Multifamily LT 5
$330.7K
$289.3K – $385.8K (±1% cap)
NOI $23,147 @ 7.0% cap · market cap 6.61%
Second Best
Apartment 5plus
$304.6K
$266.5K – $355.3K (±1% cap)
NOI $21,320 @ 7.0% cap · market cap 6.09%
Theoretical Best
Office A
$518.1K
$453.4K – $604.5K (±1% cap)
NOI $36,270 @ 7.0% cap · market cap 10.36%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Who owns this building? See the owner, sales and loan history
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Lease Details

2
Residential units
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

1,107
Businesses Nearby

Demographics for 34205, FL

33,789
Population
16,610
Households
2
Avg Household Size
44
Median Age
24%
College-Educated
87%
High-School Grad
6.5 sq mi
ZIP Area
5,198
Density / Sq Mi
$51,170
Median Household Income
$37,037
Median Earnings
$1,323
Median Rent
$236,900
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 - Two separate residences offer distinct living areas and independent entrances.
Where is this duplex located?
The property is located at 2230 9TH Avenue W Bradenton, FL.
What is the asking price?
The asking price for this property is $349,997.
What are key features of this property?
This property features: Two residences: main home with 3 bedrooms and 2 bathrooms; guest house with 2 bedrooms and 1 bathroom; Separate entrances from 9th Avenue W and a rear alley; 1,762 square feet on a 0.14‑acre lot
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