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Remodeled Duplex with Hardwood Floors
For Sale
$530,000

2701 MYRA Street, Jacksonville, FL 32204

Residential Income, Jacksonville, FL

Property Size2,130 SF
Lot Size0.15 Acres
Price / SF$248.83
Days on Market126

Property Features for 2701 MYRA Street

General Information

Property type Residential Multi Family
Property subtype Duplex
Zoning description Residential
Bedrooms 6
Bathrooms 2
Full bathrooms 2
Rooms Bedroom 3, Bedroom 5, Bedroom 6, Bedroom 4, Bedroom 2, Bathroom 2, Bedroom 1, Bathroom 1
Parking features Off Street, Garage
Exterior features Fire Pit
Fireplace 1
Appliances Dishwasher, Electric Range, Microwave, Refrigerator, Tankless Water Heater, Washer/Dryer Stacked
Subdivision Eilenbergs Addn
Lot features Historic Area
Directions From 5 Points go west on Post St, take a right on Stockton St, take a left on Myra St
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

Amenities

fireplaces

Building Details

Year built 1927
Floors in Building 2
Number of units 2
Flooring type Wood
Building materials Stucco
Listing Agency: TRADITIONS REALTY LLC
Listed By: JOEL DAVIS
Added: Jun 15 Changed: Oct 16 Last Checked: Oct 18 at 11:06AM
MLS# 2150936

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.

Built in 1927, this duplex contains two three-bedroom, one-bathroom residences with 2,130 square feet of total property size. Recent remodeling added updated kitchens, bathrooms, and appliances while retaining original wood flooring and fireplaces in both units. A newer roof, central heating and cooling, tankless water heater, stacked washer and dryer, stucco exterior, and public water and sewer further define the improvements. Parking includes a garage and off-street spaces.

The property occupies 0.15 acres at 2701 Myra Street in Jacksonville’s Historic Riverside district. Riverside dining, boutique shopping, and entertainment are located within a few blocks. Both units are currently tenant-occupied, providing an existing two-residence configuration for an owner seeking residential income property.

Key Highlights

  • Two 3‑bedroom, 1‑bathroom units on a 0.15‑acre parcel
  • 2,130 square feet of total property size
  • Recently remodeled kitchens, bathrooms, and appliances

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$20,000
Cap Rate
3.77%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$400,000 $400.0K
Cap Rate 7%
$285,714 $285.7K
Cap Rate 9%
$222,222 $222.2K
Market Conditions
NOI Build-Up for 2,130 SF
Gross rent
$31.4K $14.76/SF
− Vacancy
−$2.9K −$1.35/SF
EGI
$28.6K $13.41/SF
− OpEx
−$8.6K −$4.02/SF
NOI
$20.0K $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%
$400,000
Cap Rate 7%
$285,714
Cap Rate 9%
$222,222

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 authorities. How Realmo checks its estimates

Property Analytics

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Current Use

Duplexes

Suggested Use

Top Pick Home Appliance Store (Bike/Boat/Book/etc) Store Florist Pet Grooming Service Butcher Electrical Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

2
Residential units
100%
Occupancy

Location Intelligence

Trade Area within ½ mile

2,208
Businesses Nearby

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025

Frequently Asked Questions

What type of property is this?
Duplex - Both residences feature three bedrooms, one bathroom, and updated kitchen and bath finishes.
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: Two 3‑bedroom, 1‑bathroom units on a 0.15‑acre parcel; 2,130 square feet of total property size; Recently remodeled kitchens, bathrooms, and appliances
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