Duplex with Two Three-Bed
For Sale
$360,000
4212 9TH Street E, Bradenton, FL 34208
MULTI_FAMILY - BRADENTON, FL
Property Size1,890 SF
Lot Size0.24 Acres
Price / SF$190.48
Days on Market56
Property Features for 4212 9TH Street E
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Zoning
RDD6
Bedrooms
6
Bathrooms
2
Full bathrooms
2
Rooms
Bedroom 2, Bedroom 4, Bedroom 6, Bathroom 1, Bathroom 2, Bedroom 5, Bedroom 1, Bedroom 3
Interior features
Ninguno
Subdivision
HAZELHURST
Directions
From 44th Ave turn north onto 9th st e house is on left
Standard status
Active
APN
4798400489
Size
1,890 SF
Lot size
0.24 Acres
Taxes and HOA fees
Tax Year
2025
Tax Description
S 44 FT OF LOT 47, N 28 FT OF LOT 48, BLK D, HAZELHURST PI#47984.0048/9
Tax Annual Amount
2837
Legal Description
S 44 FT OF LOT 47, N 28 FT OF LOT 48, BLK D, HAZELHURST PI#47984.0048/9
Utilities
Sewer type
Public Sewer
Heating system
Central
Cooling system
Central Air
Water source
Public
Building Details
Year built
1976
Building materials
Block
Roof type
Shingle
Listing Agency:
PREFERRED SHORE LLC
(941) 999-1179
Listed By:
Johnny Hopper, PA · License #3432269
(941) 524-1706
Added: Jun 18
Changed: Aug 3
Last Checked: Aug 12 at 2:06AM
MLS# A4697479
Copyright © 2026 Stellar MLS. 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 duplex features two separate units, each with three bedrooms and one bathroom. The property is built with solid block construction and includes central heating and central air conditioning. The roof is shingle and was installed in 2015, with minor updates noted. The building was originally constructed in 1976.
The duplex sits on a 0.24-acre lot and is served by public water and public sewer. It is zoned RDD6.
With a two-unit layout and on-site parking described as located in the back, this configuration is designed to support separate household use within a single property.
The duplex sits on a 0.24-acre lot and is served by public water and public sewer. It is zoned RDD6.
With a two-unit layout and on-site parking described as located in the back, this configuration is designed to support separate household use within a single property.
Key Highlights
- Two units, each with three bedrooms and one bathroom
- 0.24‑acre lot
- 1,890 SF property size
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$24,828
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
6.90%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$496,560
$496.6K
Cap Rate 7%
$354,686
$354.7K
Cap Rate 9%
$275,867
$275.9K
Market Conditions
NOI Build-Up for 1,890 SF
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.
Gross rent
$37.4K $19.80/SF
− Vacancy
−$2.0K −$1.03/SF
EGI
$35.5K $18.77/SF
− OpEx
−$10.6K −$5.63/SF
NOI
$24.8K $13.14/SF
Area
Manatee County, FL
Vacancy
5.22%
Lease Rate
$19.80 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$496,560
Cap Rate 7%
$354,686
Cap Rate 9%
$275,867
Alternative Uses
Best Use
Multifamily LT 5
$354.7K
$310.4K – $413.8K
NOI $24,828 @ 7.0% cap · market cap 6.90%
Second Best
Apartment 5plus
$326.7K
$285.9K – $381.2K
NOI $22,869 @ 7.0% cap · market cap 6.35%
Theoretical Best
Office A
$555.8K
$486.3K – $648.4K
NOI $38,905 @ 7.0% cap · market cap 10.81%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
1,260
Businesses Nearby
Explore this area
Business Placement
Demographics for 34208, FL
38,522
Population
17,056
Households
2.3
Avg Household Size
38
Median Age
22%
College-Educated
80%
High-School Grad
16.5 sq mi
ZIP Area
2,335
Density / Sq Mi
$59,899
Median Household Income
$37,489
Median Earnings
$1,409
Median Rent
$303,600
Median Home Value
Market
Vacancy Rate% for Multifamily in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Duplex - Duplex on a 0.24-acre lot zoned RDD6 with central HVAC, public water and sewer, and a shingle roof from 2015.
Where is this duplex located?
The property is located at 4212 9TH Street E Bradenton, FL.
What is the asking price?
The asking price for this property is $360,000.
What are key features of this property?
This property features: Two units, each with three bedrooms and one bathroom; 0.24‑acre lot; 1,890 SF property size
