Historic Duplex with Two
347 COTTAGE Avenue Jacksonville, FL 32206
For Sale
$305,000
MULTI_FAMILY - Jacksonville, FL
Property Size1,981 SF
Lot Size0.08 Acres
Price / SF$153.96
Days on Market194
Property Features for 347 COTTAGE Avenue
General Information
- Property type
- Residential Multi Family
- Property subtype
- Duplex
- Bedrooms
- 3
- Bathrooms
- 3
- Rooms
- Bathroom 2, Bathroom 3, Bedroom 2, Bedroom 3, Bedroom 1, Bathroom 1
- Parking features
- On Street, Off Street
- Exterior features
- Balcony
- Appliances
- Dishwasher, Electric Range, Microwave, Refrigerator, Washer/Dryer Stacked
- Standard status
- Active
- APN
- 0731530000
- Size
- 1,981 SF
- Lot size
- 0.08 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Annual Amount
- 6100
Utilities
- Utilities
- Cable Available
- Heating system
- Electric (Heating), Central
- Cooling system
- Central Air
- Water source
- Public
Building Details
- Year built
- 1916
- Floors in Building
- 2
- Number of units
- 2
- Flooring type
- Wood, Vinyl
- Building materials
- Wood Siding
- Roof type
- Shingle
Listing Agency:
REAL BROKER LLC
(855) 450-0442
Listed By:
KERI CARPENTER · License #3500267
(904) 563-0821
Added: Jan 13
Changed: Jul 23
Last Checked: Jul 26 at 5:06AM
MLS# 2124832
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 historic duplex is listed as part of the National Register of Historic Places and is being offered as a short sale. The property contains two units: unit #347 on the 1st entry floor and unit #349 on the 2nd floor. The duplex has four bedrooms and 2.5 bathrooms overall.
Unit #349 is currently tenant occupied and features newer HVAC, luxury vinyl plank flooring throughout, and a large balcony overlooking the turfed backyard. Unit #349 also includes two full bedrooms plus an additional room on the 3rd floor with an unfinished closet in the attic space. Unit #347 includes original hardwood floors and additional LVP, along with 1.5 bathrooms.
Both units are described as having newer appliances, granite countertops, and updated kitchens and bathrooms. The duplex is located in historic Springfield and is described as being within walking distance of UF Health Hospital, at 347 Cottage Avenue in Jacksonville, FL 32206.
Unit #349 is currently tenant occupied and features newer HVAC, luxury vinyl plank flooring throughout, and a large balcony overlooking the turfed backyard. Unit #349 also includes two full bedrooms plus an additional room on the 3rd floor with an unfinished closet in the attic space. Unit #347 includes original hardwood floors and additional LVP, along with 1.5 bathrooms.
Both units are described as having newer appliances, granite countertops, and updated kitchens and bathrooms. The duplex is located in historic Springfield and is described as being within walking distance of UF Health Hospital, at 347 Cottage Avenue in Jacksonville, FL 32206.
Key Highlights
- 1916‑built 4‑bedroom, 2.5‑bath duplex with two units (#347 and #349)
- Unit #349 (2nd floor) is tenant occupied and features newer HVAC plus a large balcony overlooking the turfed backyard
- Both units offer newer appliances, granite countertops, and updated kitchens and bathrooms
Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $29.2k | $14.76 |
| − Vacancy | −$2.7k | −$1.35 |
| EGI | $26.6k | $13.41 |
| − OpEx | −$8.0k | −$4.02 |
| NOI | $18.6k | $9.39 |
1,981 SF · lease $14.76/SF/yr · vacancy 9.12% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$265.7K
$232.5K – $310.0K
NOI $18,601 @ 7.0% cap · market cap 6.10%
Second Best
Apartment 5plus
$209.4K
$183.2K – $244.3K
NOI $14,656 @ 7.0% cap · market cap 4.81%
Theoretical Best
Office A
$542.7K
$474.9K – $633.1K
NOI $37,988 @ 7.0% cap · market cap 12.46%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Duplexes
FAQs
What type of property is this?
Duplex - Duplex on the National Register includes two updated units, with the second-floor unit currently tenant occupied.
Where is this duplex located?
The property is located at 347 COTTAGE Avenue Jacksonville, FL.
What is the asking price?
The asking price for this property is $305,000.
What are key features of this property?
This property features: 1916‑built 4‑bedroom, 2.5‑bath duplex with two units (#347 and #349); Unit #349 (2nd floor) is tenant occupied and features newer HVAC plus a large balcony overlooking the turfed backyard; Both units offer newer appliances, granite countertops, and updated kitchens and bathrooms
