Triplex with Detached
2882 REMINGTON Street, Jacksonville, FL 32205
For Sale
New
$459,000
Three residences have separate electric and water meters, with laundry equipment or connections in each unit.
Property Size2,243 SF
Days on Market6
Property Features for 2882 REMINGTON Street
General Information
Standard status
Size
Property subtype
Site & Location
Neighborhood
Utilities to Site
Units
Unit Mix
Multifamily Units
Individually Metered Utilities
Additional Details
Tenant in Place
Taxes and HOA fees
Annual Taxes
Amenities
washer/dryer in unit
off-street parking
Building Details
Building Size
Year Built
Buildings
Tenancy
Listing Agency:
SEVEN BRIDGES REALTY GROUP LLC
Listed By:
DAVID DAWKINS · License FL #3373490
(904) 465-1663
Source:
Bebetterflorida
Added: Nov 4
Changed: Nov 8
Last Checked: Nov 8 at 3:26PM
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 SEVEN BRIDGES REALTY GROUP LLC
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Investment Insights
Based on property information with market context.
Built in 1926, the property comprises a front duplex and a detached studio apartment. Each duplex residence has one bedroom and one bathroom, with a washer and dryer in both the upstairs and downstairs units. The studio has washer and dryer connections, and a separate storage unit is also included.
Electricity and water are separately metered for all three residences. Off-street parking is situated between the two buildings.
Electricity and water are separately metered for all three residences. Off-street parking is situated between the two buildings.
Key Highlights
- Three‑unit property with a detached studio and separate storage unit
- Front duplex has two one‑bedroom, one‑bathroom residences
- Washer and dryer in both duplex units; studio has washer and dryer connections
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$21,061
Cap Rate
4.59%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$421,220
$421.2K
Cap Rate 7%
$300,871
$300.9K
Cap Rate 9%
$234,011
$234.0K
Market Conditions
NOI Build-Up for 2,243 SF
Gross rent
$33.1K $14.76/SF
− Vacancy
−$3.0K −$1.35/SF
EGI
$30.1K $13.41/SF
− OpEx
−$9.0K −$4.02/SF
NOI
$21.1K $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%
$421,220
Cap Rate 7%
$300,871
Cap Rate 9%
$234,011
Alternative Uses
Best Use
Multifamily LT 5
$300.9K
$263.3K – $351.0K
NOI $21,061 @ 7.0% cap · market cap 4.59%
Second Best
Apartment 5plus
$237.1K
$207.4K – $276.6K
NOI $16,594 @ 7.0% cap · market cap 3.62%
Theoretical Best
Office A
$614.5K
$537.7K – $716.9K
NOI $43,012 @ 7.0% cap · market cap 9.37%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
Who owns this building?
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Open Analytics
Lease Details
3
Residential units
Multi-tenant
Tenancy
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
1,134
Businesses Nearby
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Business Placement
Demographics for 32205, FL
29,605
Population
16,188
Households
1.8
Avg Household Size
37
Median Age
36%
College-Educated
90%
High-School Grad
7.7 sq mi
ZIP Area
3,845
Density / Sq Mi
$60,609
Median Household Income
$43,122
Median Earnings
$1,190
Median Rent
$257,900
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Average Price Trend$/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 residences have separate electric and water meters, with laundry equipment or connections in each unit.
Where is this triplex located?
The property is located at 2882 REMINGTON Street Jacksonville, FL.
What is the asking price?
The asking price for this property is $459,000.
What are key features of this property?
This property features: Three‑unit property with a detached studio and separate storage unit; Front duplex has two one‑bedroom, one‑bathroom residences; Washer and dryer in both duplex units; studio has washer and dryer connections
