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Remodeled 4-Unit Quadplex

3520 POST St, Jacksonville, FL 32205

For Sale
$775,000

Each residence has private laundry, individual utility metering, and access to covered outdoor space.

Property Size3,069 SF
Days on Market48

Property Features for 3520 POST St

General Information

Standard status Active
Size 3,069 SF
Property subtype Investment

Site & Location

Neighborhood Murray Hill
Road Access Yes
Utilities to Site Yes

Units

Unit Mix 4 x 2BR/1BA
Multifamily Units 4

Additional Details

Gross Income $82,200

Taxes and HOA fees

Annual Taxes $10,546

Amenities

new kitchens with quartz countertops and stainless appliances
dishwashers
refinished hardwood or luxury vinyl flooring
private washer and dryer
smart locks
individual utility metering
covered rear decks
fenced backyard

Building Details

Building Size 3,069 SF
Year Built 1950
Buildings 1
Units 4
Construction midcentury
Listing Agency: Cowford Realty & Design
Listed By: CARMEN GODWIN · License FL SL3528670
Source: Elliman
Added: Sep 24 Changed: Nov 5 Last Checked: Nov 8 at 5:43AM

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 Cowford Realty & Design

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Investment Insights

Based on property information with market context.

Built in 1950, this four-residence property has a two-bedroom, one-bath layout in each unit. The building has been remodeled with updated kitchens featuring quartz countertops and stainless appliances, plus dishwashers in every residence. Living areas have refinished hardwood or luxury vinyl flooring. Private washers and dryers, smart locks, and individual utility meters serve each unit. Four covered decks extend the rear of the building, while a fenced backyard and tenant parking are also provided.

Three residences currently operate as furnished rentals; the fourth has a history of traditional long-term leasing. The property is in Jacksonville’s Murray Hill Historic District, one block from neighborhood restaurants, cafés, shops, and other local businesses. Its midcentury architectural details complement the private outdoor areas.

Key Highlights

  • Four units, each with 2 bedrooms and 1 bathroom
  • Three units currently operate as furnished rentals; the fourth has a traditional long‑term rental history
  • Remodeled kitchens include quartz countertops, stainless appliances, and dishwashers in each unit

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$28,817
Cap Rate
3.72%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$576,340 $576.3K
Cap Rate 7%
$411,671 $411.7K
Cap Rate 9%
$320,189 $320.2K
Market Conditions
NOI Build-Up for 3,069 SF
Gross rent
$45.3K $14.76/SF
− Vacancy
−$4.1K −$1.35/SF
EGI
$41.2K $13.41/SF
− OpEx
−$12.4K −$4.02/SF
NOI
$28.8K $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%
$576,340
Cap Rate 7%
$411,671
Cap Rate 9%
$320,189

Alternative Uses

Best Use
Multifamily LT 5
$411.7K
$360.2K – $480.3K (±1% cap)
NOI $28,817 @ 7.0% cap · market cap 3.72%
Second Best
Apartment 5plus
$324.4K
$283.8K – $378.4K (±1% cap)
NOI $22,705 @ 7.0% cap · market cap 2.93%
Theoretical Best
Office A
$840.7K
$735.6K – $980.9K (±1% cap)
NOI $58,851 @ 7.0% cap · market cap 7.59%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Who owns this building? See the owner, sales and loan history
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Lease Details

4
Residential units
Yes
Paved road access
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

679
Businesses Nearby

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Average Price Trend$/SF for Quadplexes in Jacksonville, FL

$195 Jul
$154 Aug
$147 Sep
$158 Oct

Properties on Market for Quadplexes in Jacksonville

Jul
Aug
Sep
Oct

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025

Frequently Asked Questions

What type of property is this?
Quadplex - Each residence has private laundry, individual utility metering, and access to covered outdoor space.
Where is this quadplex located?
The property is located at 3520 POST St Jacksonville, FL.
What is the asking price?
The asking price for this property is $775,000.
What are key features of this property?
This property features: Four units, each with 2 bedrooms and 1 bathroom; Three units currently operate as furnished rentals; the fourth has a traditional long‑term rental history; Remodeled kitchens include quartz countertops, stainless appliances, and dishwashers in each unit
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