Duplex With Alley
For Sale
$535,000
Pending
925 CEDAR Street, Jacksonville, FL 32207
Two-unit residential income property with flexible occupancy options and convenient rear access.
Property Size2,036 SF
Days on Market69
Property Features for 925 CEDAR Street
General Information
Standard status
Pending
Size
2,036 SF
Property subtype
Duplex
Building Details
Year Built
1942
Listing Agency:
BERKSHIRE HATHAWAY HOMESERVICES FLORIDA NETWORK REALTY
(904) 388-5005
Listed By:
KIMBERLY WATERHOUSE · License #3468865
(904) 742-8889
Source:
Endlesssummerrealty
Added: Jul 30
Changed: Oct 6
Last Checked: Oct 5 at 6:46PM
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 BERKSHIRE HATHAWAY HOMESERVICES FLORIDA NETWORK REALTY
Investment Insights
Based on property information with market context.
This duplex contains 2,036 square feet and was built in 1942. Its two-unit configuration supports several ownership approaches, including occupying one residence while leasing the other or renting both units. The layout provides a residential income property format suited to buyers seeking an established small multifamily asset.
Located at 925 Cedar Street in Jacksonville’s San Marco area, the property includes alley access. The site may also support construction of an additional dwelling unit, subject to applicable zoning requirements, municipal approvals, and permitting. Buyers should independently verify development feasibility and any related restrictions.
Located at 925 Cedar Street in Jacksonville’s San Marco area, the property includes alley access. The site may also support construction of an additional dwelling unit, subject to applicable zoning requirements, municipal approvals, and permitting. Buyers should independently verify development feasibility and any related restrictions.
Key Highlights
- Duplex with two residential units
- 2,036 square feet of property size
- Built in 1942
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$19,117
Cap Rate
3.57%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$382,340
$382.3K
Cap Rate 7%
$273,100
$273.1K
Cap Rate 9%
$212,411
$212.4K
Market Conditions
NOI Build-Up for 2,036 SF
Gross rent
$30.1K $14.76/SF
− Vacancy
−$2.7K −$1.35/SF
EGI
$27.3K $13.41/SF
− OpEx
−$8.2K −$4.02/SF
NOI
$19.1K $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%
$382,340
Cap Rate 7%
$273,100
Cap Rate 9%
$212,411
Alternative Uses
Best Use
Multifamily LT 5
$273.1K
$239.0K – $318.6K
NOI $19,117 @ 7.0% cap · market cap 3.57%
Second Best
Apartment 5plus
$215.2K
$188.3K – $251.1K
NOI $15,063 @ 7.0% cap · market cap 2.82%
Theoretical Best
Office A
$557.7K
$488.0K – $650.7K
NOI $39,042 @ 7.0% cap · market cap 7.30%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
3,378
Businesses Nearby
Explore this area
Business Placement
Demographics for 32207, FL
36,207
Population
18,866
Households
1.9
Avg Household Size
39
Median Age
38%
College-Educated
86%
High-School Grad
11.4 sq mi
ZIP Area
3,176
Density / Sq Mi
$60,875
Median Household Income
$45,478
Median Earnings
$1,139
Median Rent
$254,800
Median Home Value
Market
Vacancy Rate% for Multifamily in South region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Duplex - Two-unit residential income property with flexible occupancy options and convenient rear access.
Where is this duplex located?
The property is located at 925 CEDAR Street Jacksonville, FL.
What is the asking price?
The asking price for this property is $535,000.
What are key features of this property?
This property features: Duplex with two residential units; 2,036 square feet of property size; Built in 1942
