Duplex with New
For Sale
$225,000
6348 Hyde Grove Ave, Jacksonville, FL 32210
Two-unit income property with separate carports, detached storage, and flexible owner-occupant or rental use.
Property Size1,896 SF
Lot Size0.29 Acres
Price / SF$118.67
Days on Market94
Property Features for 6348 Hyde Grove Ave
General Information
Standard status
Active
Size
1,896 SF
Lot size
0.29 Acres
Property subtype
Multi-Family
Units
Unit Mix
2BR/2BA, 1BR/1BA
Multifamily Units
2
Building Details
Year Built
1942
Listing Agency:
KELLER WILLIAMS REALTY ATLANTIC PARTNERS
Listed By:
ERIC DREIBELBIS · License #SL3242953
(904) 339-3084
Source:
Onewinningteam
Added: Jul 16
Changed: Oct 12
Last Checked: Oct 16 at 1:16PM
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 REALTY ATLANTIC PARTNERS
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Investment Insights
Based on property information with market context.
This Jacksonville duplex contains 1,896 square feet with two separate residences: a two-bedroom, two-bath unit and a one-bedroom, one-bath unit. Each side has its own carport, and the property also includes a detached storage/carport structure. The roof was replaced in 2020, while the building dates to 1942.
Set on a 100-by-125-foot lot at 6348 Hyde Grove Ave, the property offers a two-unit configuration suited to occupying one residence while renting the other or leasing both units. The address is in Jacksonville, Florida, within ZIP Code 32210.
Set on a 100-by-125-foot lot at 6348 Hyde Grove Ave, the property offers a two-unit configuration suited to occupying one residence while renting the other or leasing both units. The address is in Jacksonville, Florida, within ZIP Code 32210.
Key Highlights
- 1,896‑square‑foot duplex with 2/2 and 1/1 unit configuration
- 100x125 lot at 6348 Hyde Grove Ave, Jacksonville, FL 32210
- New roof installed in 2020
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$17,803
Cap Rate
7.91%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$356,060
$356.1K
Cap Rate 7%
$254,329
$254.3K
Cap Rate 9%
$197,811
$197.8K
Market Conditions
NOI Build-Up for 1,896 SF
Gross rent
$28.0K $14.76/SF
− Vacancy
−$2.6K −$1.35/SF
EGI
$25.4K $13.41/SF
− OpEx
−$7.6K −$4.02/SF
NOI
$17.8K $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%
$356,060
Cap Rate 7%
$254,329
Cap Rate 9%
$197,811
Alternative Uses
Best Use
Multifamily LT 5
$254.3K
$222.5K – $296.7K
NOI $17,803 @ 7.0% cap · market cap 7.91%
Second Best
Apartment 5plus
$200.4K
$175.3K – $233.8K
NOI $14,027 @ 7.0% cap · market cap 6.23%
Theoretical Best
Office A
$519.4K
$454.5K – $606.0K
NOI $36,358 @ 7.0% cap · market cap 16.16%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Current Use
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
416
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?
Duplex - Two-unit income property with separate carports, detached storage, and flexible owner-occupant or rental use.
Where is this duplex located?
The property is located at 6348 Hyde Grove Ave Jacksonville, FL.
What is the asking price?
The asking price for this property is $225,000.
What are key features of this property?
This property features: 1,896‑square‑foot duplex with 2/2 and 1/1 unit configuration; 100x125 lot at 6348 Hyde Grove Ave, Jacksonville, FL 32210; New roof installed in 2020
