Triplex with Fenced
257 Pecan Street, Jacksonville, FL 32211
For Sale
New
$315,000
Three distinct residences each have a full kitchen, with a shared outdoor area and separate storage shed.
Property Size2,122 SF
Price / SF$148.44
Days on Market4
Property Features for 257 Pecan Street
General Information
Standard status
Size
Property subtype
Units
Unit Mix
Multifamily Units
Taxes and HOA fees
Annual Taxes
Amenities
fenced backyard
storage shed
Tile
Yes
4
No
5
Common Area,Electric Dryer Hookup,Washer Hookup
Back Yard
Few Trees
Public
0.17
Other
Building Details
Year Built
Listing Agency:
DOORVINE REALTY LLC
(904) 999-9243
Listed By:
STACY DARNELL
(904) 478-9551
Source:
Omalleyrealestate
Added: Nov 6
Changed: Nov 9
Last Checked: Nov 9 at 2:20PM
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 DOORVINE REALTY LLC
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Investment Insights
Based on property information with market context.
Built in 1956, this triplex contains three residences totaling 2,122 square feet. The unit mix includes one three-bedroom, one-bathroom residence and two one-bedroom, one-bathroom residences. Each unit has a full kitchen.
A fenced backyard and an additional storage shed are part of the property.
A fenced backyard and an additional storage shed are part of the property.
Key Highlights
- Three units: one 3‑bedroom/1‑bathroom residence and two 1‑bedroom/1‑bathroom residences
- Full kitchen in each unit
- 2,122 square feet
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$19,925
Cap Rate
6.33%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$398,500
$398.5K
Cap Rate 7%
$284,643
$284.6K
Cap Rate 9%
$221,389
$221.4K
Market Conditions
NOI Build-Up for 2,122 SF
Gross rent
$31.3K $14.76/SF
− Vacancy
−$2.9K −$1.35/SF
EGI
$28.5K $13.41/SF
− OpEx
−$8.5K −$4.02/SF
NOI
$19.9K $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%
$398,500
Cap Rate 7%
$284,643
Cap Rate 9%
$221,389
Alternative Uses
Best Use
Multifamily LT 5
$284.6K
$249.1K – $332.1K
NOI $19,925 @ 7.0% cap · market cap 6.33%
Second Best
Apartment 5plus
$224.3K
$196.2K – $261.7K
NOI $15,699 @ 7.0% cap · market cap 4.98%
Theoretical Best
Office A
$581.3K
$508.6K – $678.2K
NOI $40,691 @ 7.0% cap · market cap 12.92%
Zoning and permitted uses should be independently verified with authorities.
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Lease Details
3
Residential units
Location Intelligence
Trade Area within ½ mile
739
Businesses Nearby
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Business Placement
Demographics for 32211, FL
34,168
Population
15,250
Households
2.2
Avg Household Size
36
Median Age
20%
College-Educated
89%
High-School Grad
8.2 sq mi
ZIP Area
4,167
Density / Sq Mi
$55,208
Median Household Income
$33,993
Median Earnings
$1,104
Median Rent
$208,900
Median Home Value
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Market
Average Price Trend$/SF for Triplexes in Jacksonville, FL
Properties on Market for Triplexes in Jacksonville
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Triplex - Three distinct residences each have a full kitchen, with a shared outdoor area and separate storage shed.
Where is this triplex located?
The property is located at 257 Pecan Street Jacksonville, FL.
What is the asking price?
The asking price for this property is $315,000.
What are key features of this property?
This property features: Three units: one 3‑bedroom/1‑bathroom residence and two 1‑bedroom/1‑bathroom residences; Full kitchen in each unit; 2,122 square feet
