4-Unit Quadplex with In-Unit
New
For Sale
$550,000
5134 RICKER Road, Jacksonville, FL 32210
All four residences are occupied and include a washer and dryer.
Property Size3,704 SF
Price / SF$148.49
Days on Market5
Property Features for 5134 RICKER Road
General Information
Standard status
Active
Size
3,704 SF
Property subtype
Multi Family
Occupancy
100%
Additional Details
Multifamily Units
4
Amenities
interior fireplaces
washer and dryer in each unit
resident parking
Building Details
Year Built
1984
Listing Agency:
KELLER WILLIAMS ST JOHNS
(904) 867-7694
Listed By:
CHRISTINA WELCH · License #3186165
(904) 404-1640
Source:
Endlesssummerrealty
Added: Oct 13
Changed: Oct 16
Last Checked: Oct 16 at 9:06AM
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 KELLER WILLIAMS ST JOHNS
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Investment Insights
Based on property information with market context.
Built in 1984, this Jacksonville quadplex contains four residences totaling 3,704 square feet. The property has eight bedrooms and eight full bathrooms, with an interior fireplace, washer, and dryer in each unit. All four units are occupied, with active leases in place.
The property is at 5134 Ricker Road in West Jacksonville. Amazon and Wayfair fulfillment and distribution campuses at Cecil Commerce Center/AllianceFlorida are approximately 8–10 miles away.
The property is at 5134 Ricker Road in West Jacksonville. Amazon and Wayfair fulfillment and distribution campuses at Cecil Commerce Center/AllianceFlorida are approximately 8–10 miles away.
Key Highlights
- Four‑unit property with 3,704 square feet
- Eight bedrooms and eight full bathrooms
- Each unit has an interior fireplace, washer, and dryer
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$34,780
Cap Rate
6.32%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$695,600
$695.6K
Cap Rate 7%
$496,857
$496.9K
Cap Rate 9%
$386,444
$386.4K
Market Conditions
NOI Build-Up for 3,704 SF
Gross rent
$54.7K $14.76/SF
− Vacancy
−$5.0K −$1.35/SF
EGI
$49.7K $13.41/SF
− OpEx
−$14.9K −$4.02/SF
NOI
$34.8K $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%
$695,600
Cap Rate 7%
$496,857
Cap Rate 9%
$386,444
Alternative Uses
Best Use
Multifamily LT 5
$496.9K
$434.8K – $579.7K
NOI $34,780 @ 7.0% cap · market cap 6.32%
Second Best
Apartment 5plus
$391.5K
$342.5K – $456.7K
NOI $27,403 @ 7.0% cap · market cap 4.98%
Theoretical Best
Office A
$1.01M
$887.9K – $1.18M
NOI $71,028 @ 7.0% cap · market cap 12.91%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Current Use
Lease Details
4
Residential units
100%
Occupancy
Location Intelligence
Trade Area within ½ mile
556
Businesses Nearby
Explore this area
Business Placement
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
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Quadplex - All four residences are occupied and include a washer and dryer.
Where is this quadplex located?
The property is located at 5134 RICKER Road Jacksonville, FL.
What is the asking price?
The asking price for this property is $550,000.
What are key features of this property?
This property features: Four‑unit property with 3,704 square feet; Eight bedrooms and eight full bathrooms; Each unit has an interior fireplace, washer, and dryer
