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Four-Unit Multifamily Property

4304 SAN JUAN Ave 1, Jacksonville, FL 32210

For Sale
$689,000

Established multifamily asset with four residential units and owner-occupant or portfolio flexibility.

Property Size3,066 SF
Days on Market52

Property Features for 4304 SAN JUAN Ave 1

General Information

Standard status Active
Size 3,066 SF
Property subtype Investment

Site & Location

Neighborhood Lakeshore

Additional Details

Gross Income $62,520
Multifamily Units 4

Taxes and HOA fees

Annual Taxes $2,882

Building Details

Building Size 3,066 SF
Year Built 1934
Buildings 1
Units 4
Listing Agency: BERKSHIRE HATHAWAY HOMESERVICES FLORIDA NETWORK REALTY
Listed By: ARCHIE LEE STALEY · License FL #3620098
Source: Elliman
Added: Sep 20 Changed: Nov 2 Last Checked: Nov 10 at 7:11AM

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 BERKSHIRE HATHAWAY HOMESERVICES FLORIDA NETWORK REALTY

Rey
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Investment Insights

Based on property information with market context.

This Jacksonville multifamily property contains four residential units within one building and was constructed in 1934. The configuration supports separate rental occupancy and may also suit an owner occupant seeking to live on site while leasing the remaining units, subject to the buyer’s plans and applicable requirements.

Located at 4304 San Juan Ave, the property offers access to major roadways, shopping, dining, NAS Jacksonville, downtown, and surrounding neighborhoods. The area records a Bike Score of 59, a Walk Score of 61, and a Transit Score of 33. FHA and VA financing may be available to qualified owner occupants, with eligibility and loan terms subject to lender verification.

Key Highlights

  • Four residential units in one multifamily property
  • Built in 1934
  • Owner‑occupant and portfolio‑use flexibility

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$28,789
Cap Rate
4.18%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$575,780 $575.8K
Cap Rate 7%
$411,271 $411.3K
Cap Rate 9%
$319,878 $319.9K
Market Conditions
NOI Build-Up for 3,066 SF
Gross rent
$45.3K $14.76/SF
− Vacancy
−$4.1K −$1.35/SF
EGI
$41.1K $13.41/SF
− OpEx
−$12.3K −$4.02/SF
NOI
$28.8K $9.39/SF
Area
ZIP 32210
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%
$575,780
Cap Rate 7%
$411,271
Cap Rate 9%
$319,878

Alternative Uses

Best Use
Multifamily LT 5
$411.3K
$359.9K – $479.8K (±1% cap)
NOI $28,789 @ 7.0% cap · market cap 4.18%
Second Best
Apartment 5plus
$324.0K
$283.5K – $378.1K (±1% cap)
NOI $22,683 @ 7.0% cap · market cap 3.29%
Theoretical Best
Office A
$839.9K
$734.9K – $979.9K (±1% cap)
NOI $58,794 @ 7.0% cap · market cap 8.53%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Lease Details

4
Residential units

Location Intelligence

Trade Area within ½ mile

1,170
Businesses Nearby

Demographics for 32210, FL

66,415
Population
29,198
Households
2.3
Avg Household Size
37
Median Age
23%
College-Educated
88%
High-School Grad
21.9 sq mi
ZIP Area
3,033
Density / Sq Mi
$58,215
Median Household Income
$36,997
Median Earnings
$1,205
Median Rent
$205,300
Median Home Value

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 - Established multifamily asset with four residential units and owner-occupant or portfolio flexibility.
Where is this quadplex located?
The property is located at 4304 SAN JUAN Ave 1 Jacksonville, FL.
What is the asking price?
The asking price for this property is $689,000.
What are key features of this property?
This property features: Four residential units in one multifamily property; Built in 1934; Owner‑occupant and portfolio‑use flexibility
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