Duplex with Private Outdoor
New
For Sale
$849,000
3967 OAK Street, Jacksonville, FL 32205
Two separate residences offer office or third-bedroom space, with laundry inside the upper unit.
Property Size3,060 SF
Price / SF$277.45
Days on Market5
Property Features for 3967 OAK Street
General Information
Standard status
Active
Size
3,060 SF
Property subtype
Duplex
Site & Location
Neighborhood
Murray Hill
Additional Details
Multifamily Units
2
Amenities
private front balcony
private fenced yard
in-unit laundry
Building Details
Year Built
2004
Buildings
1
Listing Agency:
CHRISTIE'S INTERNATIONAL REAL ESTATE FIRST COAST
(904) 372-4711
Listed By:
JULIA S FATTAHI LLC · License #3361710
(904) 728-8992
Source:
Endlesssummerrealty
Added: Oct 19
Changed: Oct 21
Last Checked: Oct 21 at 2:08AM
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 CHRISTIE'S INTERNATIONAL REAL ESTATE FIRST COAST
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Investment Insights
Based on property information with market context.
This 3,060-square-foot duplex, built in 2004, contains an upper and lower residence. The upstairs unit features wood flooring, in-unit laundry, a front balcony, and a room configured as an office or potential third bedroom. The lower unit has hardwood floors, a fenced yard, and its own office or third-bedroom space.
A roof replacement was completed in 2021, and the lower unit received a new AC system in 2023. Parking is available on site and on the street. Restaurants, coffee shops, Boone Park, and the Shoppes of Avondale are a short walk away.
A roof replacement was completed in 2021, and the lower unit received a new AC system in 2023. Parking is available on site and on the street. Restaurants, coffee shops, Boone Park, and the Shoppes of Avondale are a short walk away.
Key Highlights
- Two units totaling 3,060 square feet
- Upper unit includes a private front balcony and in‑unit laundry
- Lower residence has a private fenced yard
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$28,733
Cap Rate
3.38%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$574,660
$574.7K
Cap Rate 7%
$410,471
$410.5K
Cap Rate 9%
$319,256
$319.3K
Market Conditions
NOI Build-Up for 3,060 SF
Gross rent
$45.2K $14.76/SF
− Vacancy
−$4.1K −$1.35/SF
EGI
$41.0K $13.41/SF
− OpEx
−$12.3K −$4.02/SF
NOI
$28.7K $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%
$574,660
Cap Rate 7%
$410,471
Cap Rate 9%
$319,256
Alternative Uses
Best Use
Multifamily LT 5
$410.5K
$359.2K – $478.9K
NOI $28,733 @ 7.0% cap · market cap 3.38%
Second Best
Apartment 5plus
$323.4K
$283.0K – $377.3K
NOI $22,639 @ 7.0% cap · market cap 2.67%
Theoretical Best
Office A
$838.3K
$733.5K – $978.0K
NOI $58,679 @ 7.0% cap · market cap 6.91%
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
845
Businesses Nearby
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Business Placement
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
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Market
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Duplex - Two separate residences offer office or third-bedroom space, with laundry inside the upper unit.
Where is this duplex located?
The property is located at 3967 OAK Street Jacksonville, FL.
What is the asking price?
The asking price for this property is $849,000.
What are key features of this property?
This property features: Two units totaling 3,060 square feet; Upper unit includes a private front balcony and in‑unit laundry; Lower residence has a private fenced yard
