3-Unit Multifamily
2916 POST Street, Jacksonville, FL 32205
For Sale
$699,900
Residential Income, Jacksonville, FL
Property Size2,931 SF
Lot Size0.14 Acres
Price / SF$238.79
Days on Market141
Property Features for 2916 POST Street
General Information
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Zoning description
Bedrooms
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Parking features
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Elementary school
Middle school
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Building Details
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Buildings
Listing Agency:
LPT REALTY LLC
(877) 366-2213
Listed By:
LUCIE WELCH
(904) 568-1882
Added: Jun 24
Changed: Oct 29
Last Checked: Nov 11 at 1:06AM
MLS# 2152196
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 1926, this 2,931-square-foot multifamily property has two residences in the main house and a detached 520-square-foot accessory dwelling unit. Each main-house residence includes a private primary suite, kitchen, and laundry hookups. The ADU offers a separate living space, while the property also has a courtyard, garage, driveway, and off-street parking.
Renovations include a new roof, updated air-conditioning systems and plumbing, tankless water heaters, and rewired electrical service with new panels. Kitchens have quartz countertops and stainless-steel appliances; bathrooms feature custom tile and selected vanities. The property occupies a 0.14-acre lot in Jacksonville, Florida.
Renovations include a new roof, updated air-conditioning systems and plumbing, tankless water heaters, and rewired electrical service with new panels. Kitchens have quartz countertops and stainless-steel appliances; bathrooms feature custom tile and selected vanities. The property occupies a 0.14-acre lot in Jacksonville, Florida.
Key Highlights
- Three separate living spaces: two in the main house and one detached ADU
- Detached ADU measures 520 sq. ft.
- Main‑house residences each have a private primary suite, kitchen, and laundry hookups
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$21,685
Cap Rate
3.10%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$433,700
$433.7K
Cap Rate 7%
$309,786
$309.8K
Cap Rate 9%
$240,944
$240.9K
Market Conditions
NOI Build-Up for 2,931 SF
Gross rent
$43.6K $14.88/SF
− Vacancy
−$4.2K −$1.43/SF
EGI
$39.4K $13.45/SF
− OpEx
−$17.7K −$6.05/SF
NOI
$21.7K $7.40/SF
Area
Jacksonville, FL
Vacancy
9.60%
Lease Rate
$14.88 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$433,700
Cap Rate 7%
$309,786
Cap Rate 9%
$240,944
Alternative Uses
Best Use
Apartment 5plus
$309.8K
$271.1K – $361.4K
NOI $21,685 @ 7.0% cap · market cap 3.10%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$802.9K
$702.6K – $936.8K
NOI $56,205 @ 7.0% cap · market cap 8.03%
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
1,239
Businesses Nearby
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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
$257,900
Median Home Value
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Market
Average Price Trend$/SF for Multifamily properties in Jacksonville, FL
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Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Multifamily property - Two residences occupy the main house, with a detached accessory dwelling adding a third living space.
Where is this multifamily property located?
The property is located at 2916 POST Street Jacksonville, FL.
What is the asking price?
The asking price for this property is $699,900.
What are key features of this property?
This property features: Three separate living spaces: two in the main house and one detached ADU; Detached ADU measures 520 sq. ft.; Main‑house residences each have a private primary suite, kitchen, and laundry hookups
