Two-Bedroom
For Sale
$183,000
3627 LIONELL Street, Jacksonville, FL 32209
Both residences have matching two-bedroom, one-bathroom layouts and are offered only as part of a multi-property package.
Property Size1,412 SF
Days on Market9
Property Features for 3627 LIONELL Street
General Information
Standard status
Active
Size
1,412 SF
Property subtype
Duplex
Units
Unit Mix
12 x 2BR/1BA
Multifamily Units
12
Additional Details
Asking Price
$1,098,000
Taxes and HOA fees
Annual Taxes
$2,328
Building Details
Building Size
1,412 SF
Year Built
1942
Buildings
6
Listing Agency:
MOMENTUM REALTY
Listed By:
IDALMES CRUZ PEREZ · License #3417035
(904) 450-1271
Source:
Bebetterflorida
Added: Oct 15
Changed: Oct 19
Last Checked: Oct 21 at 6:46AM
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 MOMENTUM REALTY
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Investment Insights
Based on property information with market context.
This duplex contains two residences with the same two-bedroom, one-bathroom configuration. Built in 1942, it is offered as one component of a six-duplex portfolio sale; all six properties are to be purchased together. The complete package comprises 12 units in the 32209 area of Jacksonville.
Key Highlights
- One duplex within a six‑property package sale totaling 12 units
- Both residences have two bedrooms and one bathroom
- Built in 1942
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$13,258
Cap Rate
7.24%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$265,160
$265.2K
Cap Rate 7%
$189,400
$189.4K
Cap Rate 9%
$147,311
$147.3K
Market Conditions
NOI Build-Up for 1,412 SF
Gross rent
$20.8K $14.76/SF
− Vacancy
−$1.9K −$1.35/SF
EGI
$18.9K $13.41/SF
− OpEx
−$5.7K −$4.02/SF
NOI
$13.3K $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%
$265,160
Cap Rate 7%
$189,400
Cap Rate 9%
$147,311
Alternative Uses
Best Use
Multifamily LT 5
$189.4K
$165.7K – $221.0K
NOI $13,258 @ 7.0% cap · market cap 7.24%
Second Best
Apartment 5plus
$149.2K
$130.6K – $174.1K
NOI $10,446 @ 7.0% cap · market cap 5.71%
Theoretical Best
Office A
$386.8K
$338.5K – $451.3K
NOI $27,077 @ 7.0% cap · market cap 14.80%
Zoning and permitted uses should be independently verified with authorities.
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Lease Details
12
Residential units
Location Intelligence
Trade Area within ½ mile
292
Businesses Nearby
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Business Placement
Demographics for 32209, FL
36,656
Population
17,706
Households
2.1
Avg Household Size
37
Median Age
12%
College-Educated
82%
High-School Grad
9.3 sq mi
ZIP Area
3,942
Density / Sq Mi
$29,468
Median Household Income
$26,435
Median Earnings
$1,042
Median Rent
$92,300
Median Home Value
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Market
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Duplex - Both residences have matching two-bedroom, one-bathroom layouts and are offered only as part of a multi-property package.
Where is this duplex located?
The property is located at 3627 LIONELL Street Jacksonville, FL.
What is the asking price?
The asking price for this property is $183,000.
What are key features of this property?
This property features: One duplex within a six‑property package sale totaling 12 units; Both residences have two bedrooms and one bathroom; Built in 1942
