Tenant-Occupied Brick
New
For Sale
$370,000
825 MCDUFF Avenue S, Jacksonville, FL 32205
Two occupied apartments offer established residential occupancy with on-site parking for residents and guests.
Property Size2,198 SF
Price / SF$168.33
Days on Market6
Property Features for 825 MCDUFF Avenue S
General Information
Standard status
Active
Size
2,198 SF
Property subtype
Duplex
Building Details
Year Built
1947
Listing Agency:
ERA ONETEAM REALTY
Listed By:
VERONICA BARBA
Source:
Endlesssummerrealty
Added: Aug 18
Changed: Aug 22
Last Checked: Aug 22 at 3:31AM
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 ERA ONETEAM REALTY
Investment Insights
Based on property information with market context.
Built in 1947, this 2,198-square-foot duplex has a classic brick exterior and two separate apartments. Both units are currently tenant occupied, providing an established residential setup for an owner seeking a two-unit property. On-site parking accommodates residents and guests.
The property is located at 825 McDuff Avenue S in Jacksonville’s Murray Hill/Riverside corridor, with access to Riverside, Avondale, Five Points, Downtown Jacksonville, shopping, dining, parks, and entertainment. Its two-unit configuration and central Jacksonville setting support use as a standalone rental property or addition to an existing residential portfolio.
The property is located at 825 McDuff Avenue S in Jacksonville’s Murray Hill/Riverside corridor, with access to Riverside, Avondale, Five Points, Downtown Jacksonville, shopping, dining, parks, and entertainment. Its two-unit configuration and central Jacksonville setting support use as a standalone rental property or addition to an existing residential portfolio.
Key Highlights
- 2,198 SF duplex with two separate apartments
- Both units are currently tenant occupied
- Classic brick exterior
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
$20,639
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
5.58%
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%
$412,780
$412.8K
Cap Rate 7%
$294,843
$294.8K
Cap Rate 9%
$229,322
$229.3K
Market Conditions
NOI Build-Up for 2,198 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
$32.4K $14.76/SF
− Vacancy
−$3.0K −$1.35/SF
EGI
$29.5K $13.41/SF
− OpEx
−$8.8K −$4.02/SF
NOI
$20.6K $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 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%
$412,780
Cap Rate 7%
$294,843
Cap Rate 9%
$229,322
Alternative Uses
Best Use
Multifamily LT 5
$294.8K
$258.0K – $344.0K
NOI $20,639 @ 7.0% cap · market cap 5.58%
Second Best
Apartment 5plus
$232.3K
$203.3K – $271.0K
NOI $16,262 @ 7.0% cap · market cap 4.40%
Theoretical Best
Office A
$602.1K
$526.9K – $702.5K
NOI $42,149 @ 7.0% cap · market cap 11.39%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
874
Businesses Nearby
Explore this area
Business Placement
Demographics for 32205, FL
29,605
Population
16,188
Households
1.8
Avg Household Size
37
Median Age
36%
College-Educated
90%
High-School Grad
7.7 sq mi
ZIP Area
3,845
Density / Sq Mi
$60,609
Median Household Income
$43,122
Median Earnings
$1,190
Median Rent
$257,900
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?
Duplex - Two occupied apartments offer established residential occupancy with on-site parking for residents and guests.
Where is this duplex located?
The property is located at 825 MCDUFF Avenue S Jacksonville, FL.
What is the asking price?
The asking price for this property is $370,000.
What are key features of this property?
This property features: 2,198 SF duplex with two separate apartments; Both units are currently tenant occupied; Classic brick exterior
