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Two-Unit Duplex
For Sale
$305,000

4815 SHIRLEY Avenue, Jacksonville, FL 32210

Both residences are occupied, with a recently installed roof and additional property updates.

Property Size1,980 SF
Price / SF$154.04
Days on Market10

Property Features for 4815 SHIRLEY Avenue

General Information

Standard status Active
Size 1,980 SF
Property subtype Residential Income

Taxes and HOA fees

Annual Taxes $3,055

Amenities

Central Air, Wall/Window Unit(s)
Central
Parking Lot

Building Details

Year Built 1954
Listing Agency: Florida Homes Realty and Mortgage
Listed By: EDUARDO GOLDSTEIN
Source: Evrealestate
Added: Sep 30 Changed: Oct 4 Last Checked: Oct 7 at 12:50PM

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 Florida Homes Realty and Mortgage

Investment Insights

Based on property information with market context.

This 1,980-square-foot duplex contains two rental units, both currently occupied. The roof has been replaced, and the property has received additional updates. Built in 1954, it offers a two-unit residential configuration in Jacksonville.

Key Highlights

  • Two occupied rental units
  • 1,980 square feet
  • New roof and additional updates

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$18,592
Cap Rate
6.10%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$371,840 $371.8K
Cap Rate 7%
$265,600 $265.6K
Cap Rate 9%
$206,578 $206.6K
Market Conditions
NOI Build-Up for 1,980 SF
Gross rent
$29.2K $14.76/SF
− Vacancy
−$2.7K −$1.35/SF
EGI
$26.6K $13.41/SF
− OpEx
−$8.0K −$4.02/SF
NOI
$18.6K $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%
$371,840
Cap Rate 7%
$265,600
Cap Rate 9%
$206,578

Alternative Uses

Best Use
Multifamily LT 5
$265.6K
$232.4K – $309.9K (±1% cap)
NOI $18,592 @ 7.0% cap · market cap 6.10%
Second Best
Apartment 5plus
$209.3K
$183.1K – $244.2K (±1% cap)
NOI $14,649 @ 7.0% cap · market cap 4.80%
Theoretical Best
Office A
$542.4K
$474.6K – $632.8K (±1% cap)
NOI $37,968 @ 7.0% cap · market cap 12.45%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

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Current Use

Duplexes

Suggested Use

Top Pick Tech Support Center Dental Office (Bike/Boat/Book/etc) Store Storage Facility Butcher Locksmith

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

1,285
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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Duplex - Both residences are occupied, with a recently installed roof and additional property updates.
Where is this duplex located?
The property is located at 4815 SHIRLEY Avenue Jacksonville, FL.
What is the asking price?
The asking price for this property is $305,000.
What are key features of this property?
This property features: Two occupied rental units; 1,980 square feet; New roof and additional updates
More about this property
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