Two-Bedroom Quadplex with Private
New
For Sale
$425,000
6511 SAN JUAN Avenue, Jacksonville, FL 32210
MULTI_FAMILY - Jacksonville, FL
Property Size3,034 SF
Lot Size0.04 Acres
Price / SF$140.08
Days on Market7
Property Features for 6511 SAN JUAN Avenue
General Information
Property type
Residential Multi Family
Property subtype
Quadruplex
Bedrooms
8
Bathrooms
8
Full bathrooms
8
Rooms
Bedroom 5, Bedroom 3, Bathroom 1, Bathroom 2, Bedroom 4, Bedroom 6, Bedroom 8, Bathroom 5, Bathroom 8, Bathroom 6, Bathroom 7, Bathroom 3, Bedroom 7, Bedroom 2, Bedroom 1, Bathroom 4
Parking features
Parking Lot, Off Street
Appliances
Electric Oven, Refrigerator
Subdivision
Hyde Grove
Lot features
Dead End Street
Directions
Head north on Lane Ave from Wilson Blvd. Right on San Juan Ave.
Standard status
Active
APN
0118690030
Size
3,034 SF
Lot size
0.04 Acres
Taxes and HOA fees
Tax Year
2025
Tax Annual Amount
4589
Utilities
Sewer type
Public Sewer
Heating system
Central
Cooling system
Central Air
Amenities
laundry closet
Building Details
Year built
1986
Floors in Building
1
Number of units
4
Flooring type
Tile
Building materials
Stucco
Roof type
Shingle
Listing Agency:
COLDWELL BANKER VANGUARD REALTY · Coldwell Banker Real Estate
(904) 269-7117
Listed By:
TOBIN BOSSOLA · License #3164103
(904) 910-8084
Added: Aug 5
Last Checked: Aug 11 at 10:06PM
MLS# 2158590
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.
Investment Insights
Based on property information with market context.
This 3,034-square-foot quadplex contains four residential units, each arranged with two bedrooms, two full bathrooms, and a dedicated laundry closet. The building was constructed in 1986 and features stucco exterior construction, tile flooring, shingle roofing, central heating, and central air conditioning. Units include electric ovens and refrigerators.
The property is part of a private community comprising five quadplex buildings. On-site parking is provided through off-street spaces and a parking lot, while public sewer serves the property. The 0.04-acre parcel is located at 6511 San Juan Avenue in Jacksonville, Florida.
The property is part of a private community comprising five quadplex buildings. On-site parking is provided through off-street spaces and a parking lot, while public sewer serves the property. The 0.04-acre parcel is located at 6511 San Juan Avenue in Jacksonville, Florida.
Key Highlights
- Four 2‑bedroom, 2‑bathroom units
- 3,034 square feet on a 0.04‑acre lot
- Individual laundry closets in every unit
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$28,488
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
6.70%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$569,760
$569.8K
Cap Rate 7%
$406,971
$407.0K
Cap Rate 9%
$316,533
$316.5K
Market Conditions
NOI Build-Up for 3,034 SF
Vacancy — income lost from leasable area expected to sit empty during the year, subtracted from gross rent.
EGI (Effective Gross Income) — gross rent minus vacancy losses, the realistic income before paying operating costs.
OpEx (Operating Expenses) — recurring costs to operate the property (property tax, insurance, utilities, maintenance, management); excludes financing and capital improvements.
NOI (Net Operating Income) — income a property generates after operating costs but before financing and taxes.
Gross rent
$44.8K $14.76/SF
− Vacancy
−$4.1K −$1.35/SF
EGI
$40.7K $13.41/SF
− OpEx
−$12.2K −$4.02/SF
NOI
$28.5K $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 rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$569,760
Cap Rate 7%
$406,971
Cap Rate 9%
$316,533
Alternative Uses
Best Use
Multifamily LT 5
$407.0K
$356.1K – $474.8K
NOI $28,488 @ 7.0% cap · market cap 6.70%
Second Best
Apartment 5plus
$320.7K
$280.6K – $374.1K
NOI $22,447 @ 7.0% cap · market cap 5.28%
Theoretical Best
Office A
$831.1K
$727.3K – $969.7K
NOI $58,180 @ 7.0% cap · market cap 13.69%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
4
Residential units
Location Intelligence
Trade Area within ½ mile
393
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
Market
Vacancy Rate% for Multifamily in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Quadplex - Four residential units offer two bedrooms, two bathrooms, and individual laundry closets.
Where is this quadplex located?
The property is located at 6511 SAN JUAN Avenue Jacksonville, FL.
What is the asking price?
The asking price for this property is $425,000.
What are key features of this property?
This property features: Four 2‑bedroom, 2‑bathroom units; 3,034 square feet on a 0.04‑acre lot; Individual laundry closets in every unit
