Two-Unit
3328 N LAURA Street, Jacksonville, FL 32206
For Sale
$165,900
The 1,800-square-foot property contains two 2-bedroom, 1-bathroom residences and requires renovation.
Property Size1,800 SF
Price / SF$92.17
Days on Market52
Property Features for 3328 N LAURA Street
General Information
Standard status
Size
Property subtype
Property Condition
Severity
Evidence
Site & Location
Neighborhood
Units
Unit Mix
Multifamily Units
Building Details
Year Built
Listing Agency:
ERA ONETEAM REALTY
(904) 641-1400
Listed By:
ROBERT M HOWARD · License FL #3084862
(512) 740-3986
Source:
Endlesssummerrealty
Added: Sep 21
Changed: Nov 10
Last Checked: Nov 10 at 8:54AM
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 ERA ONETEAM REALTY
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Investment Insights
Based on property information with market context.
Built in 1916, this 1,800-square-foot duplex contains two separate residences, each with 2 bedrooms and 1 bathroom. The property requires work, offering an incoming owner the opportunity to update both units.
The Jacksonville property is near Downtown Jacksonville and the Springfield area, with restaurants, shopping, entertainment, employment centers, and major transportation routes identified nearby.
The Jacksonville property is near Downtown Jacksonville and the Springfield area, with restaurants, shopping, entertainment, employment centers, and major transportation routes identified nearby.
Key Highlights
- Two units, each configured with 2 bedrooms and 1 bathroom
- 1,800 square feet of building area
- Built in 1916
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$13,317
Cap Rate
8.03%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$266,340
$266.3K
Cap Rate 7%
$190,243
$190.2K
Cap Rate 9%
$147,967
$148.0K
Market Conditions
NOI Build-Up for 1,800 SF
Gross rent
$26.8K $14.88/SF
− Vacancy
−$2.6K −$1.43/SF
EGI
$24.2K $13.45/SF
− OpEx
−$10.9K −$6.05/SF
NOI
$13.3K $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%
$266,340
Cap Rate 7%
$190,243
Cap Rate 9%
$147,967
Alternative Uses
Best Use
Multifamily LT 5
$241.4K
$211.3K – $281.7K
NOI $16,901 @ 7.0% cap · market cap 10.19%
Second Best
Apartment 5plus
$190.2K
$166.5K – $222.0K
NOI $13,317 @ 7.0% cap · market cap 8.03%
Theoretical Best
Office A
$493.1K
$431.5K – $575.3K
NOI $34,517 @ 7.0% cap · market cap 20.81%
Zoning and permitted uses should be independently verified with authorities.
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Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
614
Businesses Nearby
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Business Placement
Demographics for 32206, FL
18,283
Population
9,415
Households
1.9
Avg Household Size
38
Median Age
21%
College-Educated
82%
High-School Grad
6.2 sq mi
ZIP Area
2,949
Density / Sq Mi
$37,585
Median Household Income
$34,353
Median Earnings
$866
Median Rent
$153,500
Median Home Value
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Market
Average Price Trend$/SF for Duplexes in Jacksonville, FL
Properties on Market for Duplexes in Jacksonville
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Duplex - The 1,800-square-foot property contains two 2-bedroom, 1-bathroom residences and requires renovation.
Where is this duplex located?
The property is located at 3328 N LAURA Street Jacksonville, FL.
What is the asking price?
The asking price for this property is $165,900.
What are key features of this property?
This property features: Two units, each configured with 2 bedrooms and 1 bathroom; 1,800 square feet of building area; Built in 1916
