Renovated Three-Unit Residential
2545 MYRA Street Jacksonville, FL 32204
2545 MYRA Street, Jacksonville, FL, 32204
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For Sale
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Renovated triplex with separate meters, in-unit washer/dryer, and dual driveways providing off-street parking.
Property Size2,379 SF
Lot Size0.25 Acres
Price / SF$245.90
Days on Market177
Property Features for 2545 MYRA Street
General Information
- Standard status
- Active
- Size
- 2,379 SF
- Lot size
- 0.25 Acres
- Property subtype
- Multifamily, Land
Building Details
- Year Built
- 1941
Listing agency
McAdoo Multifamily Advisors
Listed by
Steven McAdoo · License #BK3445628
Source
Crexi
Added: Jan 27 Updated: Jul 22 at 3:21AM Checked: Jul 22 at 3:21AM
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 McAdoo Multifamily Advisors
Investment Insights
Based on property information with market context.
This renovated three-unit residential property offers flexible living and rental configurations. The front home is a 3BR/2BA layout, and the rear portion is a duplex with two levels: one 2BR/1BA unit upstairs and one 1BR/1BA unit downstairs. All units are separately metered for water/sewer and include in-unit washer/dryer, supporting independent utility management for each household.
The property sits on a spacious quarter-acre lot in the historic district and provides dedicated driveway access. Dual driveways offer abundant off-street parking, and there is also a private rear storage shed for additional storage.
The front house is currently vacant, creating an opportunity for immediate occupancy while other units are in place. The listing notes proximity to Five Points, Memorial Park, and Downtown.
The property sits on a spacious quarter-acre lot in the historic district and provides dedicated driveway access. Dual driveways offer abundant off-street parking, and there is also a private rear storage shed for additional storage.
The front house is currently vacant, creating an opportunity for immediate occupancy while other units are in place. The listing notes proximity to Five Points, Memorial Park, and Downtown.
Key Highlights
- Renovated three‑unit triplex built in 1941
- Front home: 3BR/2BA, 1,227 SF, with dedicated driveway access; currently vacant
- Rear duplex totals 1,152 SF with 2BR/1BA upstairs and 1BR/1BA downstairs
Local Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $35.1k | $14.76 |
| − Vacancy | −$3.2k | −$1.35 |
| EGI | $31.9k | $13.41 |
| − OpEx | −$9.6k | −$4.02 |
| NOI | $22.3k | $9.39 |
2,379 SF · lease $14.76/SF/yr · vacancy 9.12% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$319.1K
$279.2K – $372.3K
NOI $22,338 @ 7.0% cap · market cap 3.82%
Second Best
Apartment 5plus
$251.4K
$220.0K – $293.4K
NOI $17,601 @ 7.0% cap · market cap 3.01%
Theoretical Best
Office A
$651.7K
$570.3K – $760.3K
NOI $45,620 @ 7.0% cap · market cap 7.80%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Triplexes
Similar For Sale Nearby
FAQs
What type of property is this?
Triplex - Renovated triplex with separate meters, in-unit washer/dryer, and dual driveways providing off-street parking.
Where is this triplex located?
The property is located at 2545 MYRA Street Jacksonville, FL.
What is the asking price?
The asking price for this property is $585,000.
What are key features of this property?
This property features: Renovated three‑unit triplex built in 1941; Front home: 3BR/2BA, 1,227 SF, with dedicated driveway access; currently vacant; Rear duplex totals 1,152 SF with 2BR/1BA upstairs and 1BR/1BA downstairs
