4-Unit
New
For Sale
$349,000
2804 W 9TH Street #1, Jacksonville, FL 32254
Four two-bedroom residences occupy a single-story brick and concrete-block building with central heating and air conditioning.
Property Size2,911 SF
Price / SF$119.89
Days on Market4
Property Features for 2804 W 9TH Street #1
General Information
Standard status
Active
Size
2,911 SF
Property subtype
Quadruplex
Site & Location
Neighborhood
Grand Crossing
Units
Unit Mix
4 x 2BR/1BA
Multifamily Units
4
Amenities
central heating and air conditioning
Building Details
Year Built
1971
Stories
1
Construction
brick and concrete-block
Listing Agency:
PARADIGM VISION GROUP
(310) 623-9197
Listed By:
SHANTRECE THOMAS · License #3405700
(904) 846-3855
Source:
Endlesssummerrealty
Added: Oct 22
Changed: Oct 25
Last Checked: Oct 25 at 2:34AM
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 PARADIGM VISION GROUP
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This Jacksonville quadplex contains four apartments, each arranged with two bedrooms and one bathroom. The single-story building has brick and concrete-block construction, central heating and air conditioning, and 2,911 square feet of heated living area. It was built in 1971.
The property is located at 2804 W 9th Street in Jacksonville, Florida. Its four residential units are housed within one building.
The property is located at 2804 W 9th Street in Jacksonville, Florida. Its four residential units are housed within one building.
Key Highlights
- Four apartments, each with 2 bedrooms and 1 bathroom
- 2,911 square feet of heated living area across the property
- Brick and concrete‑block construction
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$27,333
Cap Rate
7.83%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$546,660
$546.7K
Cap Rate 7%
$390,471
$390.5K
Cap Rate 9%
$303,700
$303.7K
Market Conditions
NOI Build-Up for 2,911 SF
Gross rent
$43.0K $14.76/SF
− Vacancy
−$3.9K −$1.35/SF
EGI
$39.0K $13.41/SF
− OpEx
−$11.7K −$4.02/SF
NOI
$27.3K $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%
$546,660
Cap Rate 7%
$390,471
Cap Rate 9%
$303,700
Alternative Uses
Best Use
Multifamily LT 5
$390.5K
$341.7K – $455.6K
NOI $27,333 @ 7.0% cap · market cap 7.83%
Second Best
Apartment 5plus
$307.7K
$269.2K – $359.0K
NOI $21,537 @ 7.0% cap · market cap 6.17%
Theoretical Best
Office A
$797.4K
$697.8K – $930.4K
NOI $55,821 @ 7.0% cap · market cap 15.99%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Lease Details
4
Residential units
Location Intelligence
Trade Area within ½ mile
478
Businesses Nearby
Explore this area
Business Placement
Demographics for 32254, FL
14,545
Population
6,331
Households
2.3
Avg Household Size
37
Median Age
10%
College-Educated
73%
High-School Grad
12.4 sq mi
ZIP Area
1,173
Density / Sq Mi
$36,449
Median Household Income
$29,443
Median Earnings
$1,111
Median Rent
$85,100
Median Home Value
Market
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Quadplex - Four two-bedroom residences occupy a single-story brick and concrete-block building with central heating and air conditioning.
Where is this quadplex located?
The property is located at 2804 W 9TH Street #1 Jacksonville, FL.
What is the asking price?
The asking price for this property is $349,000.
What are key features of this property?
This property features: Four apartments, each with 2 bedrooms and 1 bathroom; 2,911 square feet of heated living area across the property; Brick and concrete‑block construction
