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Three-Unit Triplex
For Sale
$285,000

5238 SAN JUAN Avenue, Jacksonville, FL 32210

Residential Income, Jacksonville, FL

Property Size1,658 SF
Lot Size0.16 Acres
Price / SF$171.89
Days on Market290

Property Features for 5238 SAN JUAN Avenue

General Information

Property type Residential Multi Family
Property subtype Other
Bedrooms 5
Bathrooms 4
Full bathrooms 3
Half bathrooms 1
Rooms Bathroom 3, Bedroom 2, Bathroom 2, Bedroom 5, Bathroom 1, Bedroom 4, Bathroom 4, Bedroom 3, Bedroom 1
Parking features Assigned, Driveway
Appliances Electric Range, Refrigerator
Subdivision Cedar Springs
Directions From I95 N Exit 351B, head right on the ramp for I-10 West toward Lake City, At Exit 361, head left on the ramp for FL-228 / US-17 South toward Roosevelt Blvd, Turn right onto San Juan Av
Standard status Active
APN 0686480000
Size 1,658 SF
Lot size 0.16 Acres

Taxes and HOA fees

Tax Year 2025
Tax Annual Amount 5219

Utilities

Utilities Electricity Available
Sewer type Septic Tank
Heating system Central
Cooling system Central Air, Window Unit(s), Wall/Window Unit(s)
Water source Public

Amenities

central air conditioning

Building Details

Year built 1944
Floors in Building 1
Number of units 3
Buildings 2
Listing Agency: FLORIDA HOMES REALTY & MTG LLC
Listed By: CARMEN VERHOEVEN · License #3456640
Added: Jan 18 Changed: Oct 27 Last Checked: Nov 3 at 3:06PM
MLS# 2125747

Copyright © 2026 realMLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Rey
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Investment Insights

Based on property information with market context.

This three-unit property spans two buildings: a duplex at the front and a smaller residence behind it. The 1,658-square-foot property sits on 0.16 acres and was built in 1944. Unit 1 has two bedrooms and 1.5 bathrooms; Unit 2 has two bedrooms and one bathroom; and Unit 3 has one bedroom and one bathroom. Unit 2 is vacant, while Units 1 and 2 have received recent updates.

A roof was installed in 2023. The units share water and electric meters, and the property uses a septic system with a newer pump. CRO zoning applies. The property is near downtown and the naval base.

Key Highlights

  • Three rental units in two buildings: a front duplex and a smaller rear residence
  • 1,658 square feet on a 0.16‑acre lot
  • Unit 1: 2 bedrooms, 1.5 bathrooms; Unit 2: 2 bedrooms, 1 bathroom; Unit 3: 1 bedroom, 1 bathroom

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$15,568
Cap Rate
5.46%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$311,360 $311.4K
Cap Rate 7%
$222,400 $222.4K
Cap Rate 9%
$172,978 $173.0K
Market Conditions
NOI Build-Up for 1,658 SF
Gross rent
$24.5K $14.76/SF
− Vacancy
−$2.2K −$1.35/SF
EGI
$22.2K $13.41/SF
− OpEx
−$6.7K −$4.02/SF
NOI
$15.6K $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%
$311,360
Cap Rate 7%
$222,400
Cap Rate 9%
$172,978

Alternative Uses

Best Use
Multifamily LT 5
$222.4K
$194.6K – $259.5K (±1% cap)
NOI $15,568 @ 7.0% cap · market cap 5.46%
Second Best
Apartment 5plus
$175.2K
$153.3K – $204.4K (±1% cap)
NOI $12,266 @ 7.0% cap · market cap 4.30%
Theoretical Best
Office A
$454.2K
$397.4K – $529.9K (±1% cap)
NOI $31,794 @ 7.0% cap · market cap 11.16%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Who owns this building? See the owner, sales and loan history
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Lease Details

3
Residential units
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

841
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

Frequently Asked Questions

What type of property is this?
Triplex - Two buildings contain a front duplex and a separate rear residence, with one unit currently vacant.
Where is this triplex located?
The property is located at 5238 SAN JUAN Avenue Jacksonville, FL.
What is the asking price?
The asking price for this property is $285,000.
What are key features of this property?
This property features: Three rental units in two buildings: a front duplex and a smaller rear residence; 1,658 square feet on a 0.16‑acre lot; Unit 1: 2 bedrooms, 1.5 bathrooms; Unit 2: 2 bedrooms, 1 bathroom; Unit 3: 1 bedroom, 1 bathroom
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