Brick
2501 N MARKET Street N, Jacksonville, FL 32206
For Sale
New
$450,000
Residential Income, Jacksonville, FL
Property Size3,938 SF
Lot Size0.12 Acres
Price / SF$114.27
Days on Market3
Property Features for 2501 N MARKET Street N
General Information
Property type
Property subtype
Zoning description
Bedrooms
Bathrooms
Full bathrooms
Rooms
Parking features
Fencing
Appliances
Subdivision
Lot features
Elementary school
Middle school
High school
Directions
Standard status
APN
Size
Lot size
Taxes and HOA fees
Tax Year
Tax Annual Amount
Utilities
Sewer type
Heating system
Cooling system
Water source
Building Details
Year built
Floors in Building
Number of units
Flooring type
Building materials
Roof type
Listing Agency:
EXIT 1 STOP REALTY · EXIT Realty
(904) 733-3003
Listed By:
Walter Collins · License #3137315
(904) 534-0086
Added: Nov 4
Changed: Nov 5
Last Checked: Nov 6 at 10:06PM
MLS# 2172400
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.
This brick quadplex in Jacksonville contains 3,938 square feet, with 8 bedrooms and 4 bathrooms. Built in 1927, the property has tile and wood flooring, central heating and central air conditioning, and a tar-and-gravel roof. The 0.12-acre parcel is fenced, with on-street parking. Public water and sewer serve the property.
Key Highlights
- 3,938‑square‑foot building with 8 bedrooms and 4 bathrooms
- Brick construction; built in 1927
- 0.12‑acre fenced parcel
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$36,977
Cap Rate
8.22%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$739,540
$739.5K
Cap Rate 7%
$528,243
$528.2K
Cap Rate 9%
$410,856
$410.9K
Market Conditions
NOI Build-Up for 3,938 SF
Gross rent
$58.1K $14.76/SF
− Vacancy
−$5.3K −$1.35/SF
EGI
$52.8K $13.41/SF
− OpEx
−$15.8K −$4.02/SF
NOI
$37.0K $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%
$739,540
Cap Rate 7%
$528,243
Cap Rate 9%
$410,856
Alternative Uses
Best Use
Multifamily LT 5
$528.2K
$462.2K – $616.3K
NOI $36,977 @ 7.0% cap · market cap 8.22%
Second Best
Apartment 5plus
$416.2K
$364.2K – $485.6K
NOI $29,135 @ 7.0% cap · market cap 6.47%
Theoretical Best
Office A
$1.08M
$943.9K – $1.26M
NOI $75,515 @ 7.0% cap · market cap 16.78%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Open Analytics
Location Intelligence
Trade Area within ½ mile
993
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 Quadplexes in Jacksonville, FL
Properties on Market for Quadplexes in Jacksonville
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Quadplex - Central heating and air conditioning serve the property, which also has a fenced lot.
Where is this quadplex located?
The property is located at 2501 N MARKET Street N Jacksonville, FL.
What is the asking price?
The asking price for this property is $450,000.
What are key features of this property?
This property features: 3,938‑square‑foot building with 8 bedrooms and 4 bathrooms; Brick construction; built in 1927; 0.12‑acre fenced parcel
