Renovated
4114 Moncrief Road, Jacksonville, FL 32209
For Sale
$195,000
Separate utility meters serve each unit, alongside updated plumbing and a newer HVAC system.
Property Size1,643 SF
Price / SF$118.69
Days on Market133
Property Features for 4114 Moncrief Road
General Information
Standard status
Size
Property subtype
Site & Location
Neighborhood
Units
Multifamily Units
Individually Metered Utilities
Taxes and HOA fees
Annual Taxes
Building Details
Building Size
Year Built
Buildings
Stories
Units
Listing Agency:
FORGE REALTY LLC
Listed By:
KRISTIIN SABEY · License FL #3442263
(801) 809-2764
Source:
Dualstaterealestate
Added: Jul 1
Changed: Nov 7
Last Checked: Nov 9 at 7:51PM
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 FORGE REALTY LLC
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Investment Insights
Based on property information with market context.
Built in 1956, this 1,643-square-foot duplex has two vacant units, both recently renovated. Improvements include updated plumbing, separately metered utilities for each unit, and an HVAC system installed approximately two years ago.
The property offers access to major roadways, shopping, schools, and downtown Jacksonville.
The property offers access to major roadways, shopping, schools, and downtown Jacksonville.
Key Highlights
- Two‑unit duplex with 1,643 square feet of building area
- Both units are vacant and recently renovated
- Separate utility meters for each unit
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$15,427
Cap Rate
7.91%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$308,540
$308.5K
Cap Rate 7%
$220,386
$220.4K
Cap Rate 9%
$171,411
$171.4K
Market Conditions
NOI Build-Up for 1,643 SF
Gross rent
$24.3K $14.76/SF
− Vacancy
−$2.2K −$1.35/SF
EGI
$22.0K $13.41/SF
− OpEx
−$6.6K −$4.02/SF
NOI
$15.4K $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%
$308,540
Cap Rate 7%
$220,386
Cap Rate 9%
$171,411
Alternative Uses
Best Use
Multifamily LT 5
$220.4K
$192.8K – $257.1K
NOI $15,427 @ 7.0% cap · market cap 7.91%
Second Best
Apartment 5plus
$173.6K
$151.9K – $202.6K
NOI $12,155 @ 7.0% cap · market cap 6.23%
Theoretical Best
Office A
$450.1K
$393.8K – $525.1K
NOI $31,506 @ 7.0% cap · market cap 16.16%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Open Analytics
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
374
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
$92,300
Median Home Value
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Market
Average Price Trend$/SF for Duplexes in Jacksonville, FL
Properties on Market for Duplexes in Jacksonville
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Duplex - Separate utility meters serve each unit, alongside updated plumbing and a newer HVAC system.
Where is this duplex located?
The property is located at 4114 Moncrief Road Jacksonville, FL.
What is the asking price?
The asking price for this property is $195,000.
What are key features of this property?
This property features: Two‑unit duplex with 1,643 square feet of building area; Both units are vacant and recently renovated; Separate utility meters for each unit
