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Renovated Duplex with Fireplaces

2701 MYRA Street Jacksonville, FL 32204

2701 MYRA Street, Jacksonville, FL, 32204
$530,000
For Sale
$530,000

MULTI_FAMILY - Jacksonville, FL

Property Size2,130 SF
Lot Size0.15 Acres
Price / SF$248.83
Days on Market34

Property Features for 2701 MYRA Street

General Information

Property type
Residential Multi Family
Property subtype
Duplex
Bedrooms
6
Bathrooms
2
Rooms
Bedroom 3, Bedroom 2, Bedroom 1, Bathroom 1, Bathroom 2, Bedroom 6, Bedroom 5, Bedroom 4
Parking features
Garage, Off Street
Exterior features
Fire Pit
Fireplace
1
Appliances
Dishwasher, Electric Range, Microwave, Refrigerator, Tankless Water Heater, Washer/Dryer Stacked
Standard status
Active
APN
0647800000
Size
2,130 SF
Lot size
0.15 Acres

Taxes and HOA fees

Tax Year
2025
Tax Annual Amount
5865

Utilities

Utilities
Cable Available
Sewer type
Public Sewer
Heating system
Central
Cooling system
Central Air
Water source
Public

Building Details

Year built
1927
Floors in Building
2
Number of units
2
Flooring type
Wood
Building materials
Stucco
Listing Agency TRADITIONS REALTY LLC
1046 RIVERSIDE AVE, Jacksonville, FL
Listed by JOEL DAVIS · License #3448954
Added: Jun 15 Checked: Jul 18 at 1:06 am
MLS# 2150936 Listing URL

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.


Investment Insights

Based on property information with market context.

This income-producing duplex includes two 3-bedroom, 1-bathroom units. The property has been recently remodeled and features a newer roof, original hardwood floors, and cozy fireplaces across both units. Kitchens and bathrooms have been updated with modern features, along with updated appliances.

Located at 2701 Myra Street in Jacksonville’s Historic Riverside district, the building is described as being near Riverside dining, boutique shopping, and entertainment. The duplex is currently fully tenant-occupied and generating a combined $3,390 per month ($1,795 upstairs; $1,595 downstairs), based on the provided information.

With two separate residential units and completed interior updates, this duplex offers a straightforward setup for an owner seeking currently producing rental income.

Key Highlights

  • Income‑producing duplex in Jacksonville’s Historic Riverside district with two 3‑bedroom, 1‑bath units
  • Fully tenant‑occupied with combined rent of $3,390/month ($1,795 upstairs; $1,595 downstairs)
  • Remodeled with updated kitchens and bathrooms in both units, plus updated appliances

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 $31.4k $14.76
− Vacancy −$2.9k −$1.35
EGI $28.6k $13.41
− OpEx −$8.6k −$4.02
NOI $20.0k $9.39
2,130 SF · lease $14.76/SF/yr · vacancy 9.12% · expense 30.00%

Alternative Uses

Best Use
Multifamily LT 5
$285.7K
$250.0K – $333.3K (±1% cap)
NOI $20,000 @ 7.0% cap · market cap 3.77%
Second Best
Apartment 5plus
$225.1K
$197.0K – $262.6K (±1% cap)
NOI $15,758 @ 7.0% cap · market cap 2.97%
Theoretical Best
Office A
$583.5K
$510.6K – $680.8K (±1% cap)
NOI $40,845 @ 7.0% cap · market cap 7.71%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Duplexes

Suggested Use

Home Appliance Store (Bike/Boat/Book/etc) Store (Bike/Boat/Book/etc) Store Florist Pet Grooming Service Butcher (Bike/Boat/Book/etc) Store (Bike/Boat/Book/etc) Store (Bike/Boat/Book/etc) Store Clothing & Fashion Store

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Duplex - Income-producing duplex with newer roof, original hardwood floors, and fireplaces in both 3-bedroom units.
Where is this duplex located?
The property is located at 2701 MYRA Street Jacksonville, FL.
What is the asking price?
The asking price for this property is $530,000.
What are key features of this property?
This property features: Income‑producing duplex in Jacksonville’s Historic Riverside district with two 3‑bedroom, 1‑bath units; Fully tenant‑occupied with combined rent of $3,390/month ($1,795 upstairs; $1,595 downstairs); Remodeled with updated kitchens and bathrooms in both units, plus updated appliances
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