Duplex with Garage
2357 DELLWOOD Avenue, Jacksonville, FL 32204
For Sale
$539,900
Two distinct living spaces include a three-bedroom home and a separate one-bedroom garage apartment.
Property Size2,108 SF
Price / SF$256.12
Days on Market8
Property Features for 2357 DELLWOOD Avenue
General Information
Standard status
Size
Property subtype
Site & Location
Neighborhood
Units
Unit Mix
Multifamily Units
Building Details
Year Built
Construction
Listing Agency:
COWFORD REALTY & DESIGN LLC
(904) 330-4733
Listed By:
LAINE GIRARDEAU · License FL #3482424
(904) 673-8653
Source:
Endlesssummerrealty
Added: Nov 3
Changed: Nov 8
Last Checked: Nov 8 at 5:48AM
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 COWFORD REALTY & DESIGN LLC
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Investment Insights
Based on property information with market context.
Built in 1926, this 2,108-square-foot Craftsman duplex pairs a three-bedroom, two-bath main residence with a separate one-bedroom, one-bath garage apartment. The property has a remodeled kitchen, updated electrical and plumbing, and both roofs were replaced in 2022.
Located on Dellwood Ave in Jacksonville’s historic Riverside area, the property is within walking distance of restaurants, coffee shops, and nightlife.
Located on Dellwood Ave in Jacksonville’s historic Riverside area, the property is within walking distance of restaurants, coffee shops, and nightlife.
Key Highlights
- 2,108‑square‑foot property with two separate residences
- Main home has 3 bedrooms and 2 bathrooms
- Separate garage apartment offers 1 bedroom and 1 bathroom
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$19,794
Cap Rate
3.67%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$395,880
$395.9K
Cap Rate 7%
$282,771
$282.8K
Cap Rate 9%
$219,933
$219.9K
Market Conditions
NOI Build-Up for 2,108 SF
Gross rent
$31.1K $14.76/SF
− Vacancy
−$2.8K −$1.35/SF
EGI
$28.3K $13.41/SF
− OpEx
−$8.5K −$4.02/SF
NOI
$19.8K $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%
$395,880
Cap Rate 7%
$282,771
Cap Rate 9%
$219,933
Alternative Uses
Best Use
Multifamily LT 5
$282.8K
$247.4K – $329.9K
NOI $19,794 @ 7.0% cap · market cap 3.67%
Second Best
Apartment 5plus
$222.8K
$195.0K – $259.9K
NOI $15,596 @ 7.0% cap · market cap 2.89%
Theoretical Best
Office A
$577.5K
$505.3K – $673.7K
NOI $40,423 @ 7.0% cap · market cap 7.49%
Zoning and permitted uses should be independently verified with authorities.
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Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
2,205
Businesses Nearby
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Business Placement
Demographics for 32204, FL
8,673
Population
5,342
Households
1.6
Avg Household Size
39
Median Age
41%
College-Educated
88%
High-School Grad
2.7 sq mi
ZIP Area
3,212
Density / Sq Mi
$54,462
Median Household Income
$47,872
Median Earnings
$1,132
Median Rent
$342,700
Median Home Value
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Market
Average Price Trend$/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 - Two distinct living spaces include a three-bedroom home and a separate one-bedroom garage apartment.
Where is this duplex located?
The property is located at 2357 DELLWOOD Avenue Jacksonville, FL.
What is the asking price?
The asking price for this property is $539,900.
What are key features of this property?
This property features: 2,108‑square‑foot property with two separate residences; Main home has 3 bedrooms and 2 bathrooms; Separate garage apartment offers 1 bedroom and 1 bathroom
