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Two-Story Brick Duplex
For Sale
$240,000
Pending

337-339 11TH Street, Jacksonville, FL 32206

Residential Income, Jacksonville, FL

Property Size2,942 SF
Lot Size0.12 Acres
Days on Market112

Property Features for 337-339 11TH Street

General Information

Property type Residential Multi Family
Property subtype Other
Zoning description Multi Family
Bedrooms 4
Bathrooms 2
Full bathrooms 2
Rooms Bedroom 2, Bedroom 1, Bedroom 3, Bathroom 2, Bathroom 1, Bedroom 4
Parking features On Street
Fireplace 1
Subdivision Springfield
Directions From I-95, exit 8th ST East, left on Boulevard ST, right on W 11th ST
Standard status Pending
APN 0732440000
Size 2,942 SF
Lot size 0.12 Acres

Taxes and HOA fees

Tax Year 2025
Tax Annual Amount 7033

Utilities

Sewer type Public Sewer
Heating system Central
Cooling system Central Air
Water source Public

Building Details

Year built 1927
Floors in Building 1
Number of units 2
Flooring type Wood
Building materials Brick, Frame
Listing Agency: CORE REALTY, LLC
Listed By: RYAN L COURSON · License #3193680
Added: Jun 18 Changed: Sep 12 Last Checked: Oct 7 at 9:06AM
MLS# 2151231

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.

Investment Insights

Based on property information with market context.

This two-story duplex contains 2,942 square feet on a 0.12-acre lot. The two units include living rooms with fireplaces, separate dining areas, kitchens with tile flooring, wood flooring in select spaces, and interior utility rooms. The upper residence adds a covered front porch.

Built in 1927, the property combines brick and frame construction with central heating and central air conditioning. On-street parking serves the property, while public water and public sewer provide utility service. The room inventory includes four bedrooms and two bathrooms. Located in Jacksonville, the property is identified as a Fannie Mae HomePath property.

Key Highlights

  • 2,942‑square‑foot duplex on a 0.12‑acre lot
  • Two‑story layout with two residential units
  • Living rooms with fireplaces and separate dining rooms

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$21,766
Cap Rate
9.07%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$435,320 $435.3K
Cap Rate 7%
$310,943 $310.9K
Cap Rate 9%
$241,844 $241.8K
Market Conditions
NOI Build-Up for 2,942 SF
Gross rent
$43.8K $14.88/SF
− Vacancy
−$4.2K −$1.43/SF
EGI
$39.6K $13.45/SF
− OpEx
−$17.8K −$6.05/SF
NOI
$21.8K $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%
$435,320
Cap Rate 7%
$310,943
Cap Rate 9%
$241,844

Alternative Uses

Best Use
Multifamily LT 5
$394.6K
$345.3K – $460.4K (±1% cap)
NOI $27,625 @ 7.0% cap · market cap 11.51%
Second Best
Apartment 5plus
$310.9K
$272.1K – $362.8K (±1% cap)
NOI $21,766 @ 7.0% cap · market cap 9.07%
Theoretical Best
Office A
$805.9K
$705.2K – $940.3K (±1% cap)
NOI $56,416 @ 7.0% cap · market cap 23.51%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

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Current Use

Duplexes

Suggested Use

Top Pick Law Firm Skin Care Clinic Spa & Massage Center (Bike/Boat/Book/etc) Store Bakery Kitchen & Bath Showroom

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

Location Intelligence

Trade Area within ½ mile

2,231
Businesses Nearby

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
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
Rey
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Frequently Asked Questions

What type of property is this?
Duplex - Two residential units feature fireplaces, dining rooms, tile-floored kitchens, and interior utility rooms.
Where is this duplex located?
The property is located at 337-339 11TH Street Jacksonville, FL.
What is the asking price?
The asking price for this property is $240,000.
What are key features of this property?
This property features: 2,942‑square‑foot duplex on a 0.12‑acre lot; Two‑story layout with two residential units; Living rooms with fireplaces and separate dining rooms
More about this property
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