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Duplex with Assigned Parking
For Sale
$174,000

7428/7430 GRANT Avenue, Jacksonville, FL 32208

Residential Income, Jacksonville, FL

Property Size1,500 SF
Lot Size0.17 Acres
Price / SF$116
Days on Market48

Property Features for 7428/7430 GRANT Avenue

General Information

Property type Residential Multi Family
Property subtype Duplex
Bedrooms 4
Bathrooms 2
Full bathrooms 2
Rooms Bathroom 1, Bedroom 3, Bedroom 4, Bedroom 1, Bathroom 2, Bedroom 2
Parking features Parking Lot, Assigned, Off Street
Fencing Chain Link
Appliances Electric Oven, Refrigerator
Subdivision Picketts
Directions Exit onto Lem Turner from I-95. Turn left on Rowe Ave. Left on Grant Ave.
Standard status Active
APN 0243450020
Size 1,500 SF
Lot size 0.17 Acres

Taxes and HOA fees

Tax Year 2025
Tax Annual Amount 1936

Utilities

Sewer type Private Sewer, Public Sewer
Heating system Varies by Unit (Heating)
Cooling system Window Unit(s), Wall/Window Unit(s)
Water source Public

Building Details

Year built 1958
Floors in Building 1
Number of units 2
Flooring type Laminate
Building materials Block, Concrete
Listing Agency: COLDWELL BANKER VANGUARD REALTY · Coldwell Banker Real Estate
Listed By: TOBIN BOSSOLA
Added: Sep 1 Changed: Oct 17 Last Checked: Oct 18 at 2:06PM
MLS# 2162927

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.

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Investment Insights

Based on property information with market context.

The duplex at 7428/7430 Grant Avenue contains 1,500 square feet on a 0.17-acre lot and was built in 1958. Block and concrete construction, laminate flooring, chain-link fencing, and a parking lot with assigned and off-street spaces support the property’s functional layout.

Each unit includes a bedroom and bathroom configuration, with electric ovens and refrigerators provided. Heating varies by unit, while cooling is provided through window or wall/window units. The property is located in Jacksonville’s 32208 ZIP code, with access to the highway from its side-street setting. Both units are currently occupied, and public water service is in place.

Key Highlights

  • Fully occupied duplex at 7428/7430 Grant Avenue
  • 1,500 square feet on a 0.17‑acre lot
  • Built in 1958 with block and concrete construction

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$14,085
Cap Rate
8.09%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$281,700 $281.7K
Cap Rate 7%
$201,214 $201.2K
Cap Rate 9%
$156,500 $156.5K
Market Conditions
NOI Build-Up for 1,500 SF
Gross rent
$22.1K $14.76/SF
− Vacancy
−$2.0K −$1.35/SF
EGI
$20.1K $13.41/SF
− OpEx
−$6.0K −$4.02/SF
NOI
$14.1K $9.39/SF
Area
Jacksonville, FL
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%
$281,700
Cap Rate 7%
$201,214
Cap Rate 9%
$156,500

Alternative Uses

Best Use
Multifamily LT 5
$201.2K
$176.1K – $234.8K (±1% cap)
NOI $14,085 @ 7.0% cap · market cap 8.09%
Second Best
Apartment 5plus
$158.5K
$138.7K – $185.0K (±1% cap)
NOI $11,098 @ 7.0% cap · market cap 6.38%
Theoretical Best
Office A
$410.9K
$359.6K – $479.4K (±1% cap)
NOI $28,764 @ 7.0% cap · market cap 16.53%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

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Current Use

Duplexes

Suggested Use

Top Pick Real Estate Agency Building Supply Law Firm Skin Care Clinic HVAC Service Dental Office

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

Lease Details

2
Residential units
100%
Occupancy
Yes
Highway access
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

633
Businesses Nearby

Demographics for 32208, FL

33,286
Population
15,218
Households
2.2
Avg Household Size
40
Median Age
15%
College-Educated
84%
High-School Grad
11.5 sq mi
ZIP Area
2,894
Density / Sq Mi
$39,873
Median Household Income
$31,845
Median Earnings
$1,180
Median Rent
$139,500
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?
Duplex - Both units are occupied and served by public water.
Where is this duplex located?
The property is located at 7428/7430 GRANT Avenue Jacksonville, FL.
What is the asking price?
The asking price for this property is $174,000.
What are key features of this property?
This property features: Fully occupied duplex at 7428/7430 Grant Avenue; 1,500 square feet on a 0.17‑acre lot; Built in 1958 with block and concrete construction
More about this property
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