$205,000
Jacksonville, FL 32208
MLS# 2136755
Status: Closed
4 beds | 3 baths
1 / 21
Property Description
Value-add triplex with in-place income and clear path to increased cash flow, priced for entry-level investors seeking value. Property features three separately metered units, including a 1BR (Unit 18), studio (Unit 20), and 2BR (Unit 22). Unit 18 is leased at $825/month (MTM), while the studio and 2BR are vacant--ideal for lease-up or owner occupancy. Pro forma gross income estimated at ~$32,000/year conservatively, offering a strong foundation with potential to improve through light updates and management. New roof in 2025. Large driveway provides ample off-street parking, and separate utilities help keep operating costs lower. Functional layouts, private entrances, and straightforward unit mix support an efficient lease-up and long-term hold strategy. Convenient access to major roadways and employment centers adds to rental appeal. At $224,900, projected cap rate ~9%. Strong opportunity to build cash flow or offset housing costs.
Details
Maps
Documents
Contract Information
Current Price: $205,000
Sold Price: $205,000
Status: Closed
Listing Contract Date: 2026-03-26
Property Sub Type: Triplex
Location Tax and Legal
Street Number: 18
Street Direction Prefix: W
Street Name: 43RD
Street Suffix: Street
County: Duval
State: FL
Postal Code: 32208
Subdivision Name: Oak Lawn
MLS Area Major: 071-Brentwood/Evergreen
General Property Information
Number Of Units Total: 3
Bedrooms Total: 4
Bathrooms Total: 3
Bathrooms Full: 3
Living Area: 1456
Living Area Source: Public Records
Accessibility Features YN: No
New Construction YN: No
Year Built: 1954
Garage YN: No
Carport YN: No
Lot Size Acres: 0.11
Association YN: No
CDD Fee YN: No
Pool Private YN: No
Water Body Access YN: No
Waterfront YN: No
Furnished: Unfurnished
Stories Total: 2
Directions: FROM MAIN STREET TURN LEFT UNTO W 43RD STREET, TRIPLEX LOCATED ON THE LEFT. 18-20-22 W 43rd St.
Public Remarks: Value-add triplex with in-place income and clear path to increased cash flow, priced for entry-level investors seeking value. Property features three separately metered units, including a 1BR (Unit 18), studio (Unit 20), and 2BR (Unit 22). Unit 18 is leased at $825/month (MTM), while the studio and 2BR are vacant--ideal for lease-up or owner occupancy. Pro forma gross income estimated at ~$32,000/year conservatively, offering a strong foundation with potential to improve through light updates and management. New roof in 2025. Large driveway provides ample off-street parking, and separate utilities help keep operating costs lower. Functional layouts, private entrances, and straightforward unit mix support an efficient lease-up and long-term hold strategy. Convenient access to major roadways and employment centers adds to rental appeal. At $224,900, projected cap rate ~9%. Strong opportunity to build cash flow or offset housing costs.
List Price/SqFt: 154.46
Sold Price/SqFt: 140.8
Status Change Information
Major Change Timestamp: 2026-05-24T18:16:32Z
Major Change Type: Status Change
Purchase Contract Date: 2026-04-21
Close Date: 2026-05-22
Close Price: 205000
Currently Not Used
Property Attached YN: No
yn11: No
Unit 1 Details
Unit ID: 18
Actual Rent: 825
Unit SqFt: 400
Beds Total: 1
Full Baths Total: 1
Furnished: Unfurnished
Unit Remarks: M2M, sq footage is estimated, buyer to verify
Unit 2 Details
Unit ID: 20
Unit SqFt: 328
Beds Total: 1
Full Baths Total: 1
Furnished: Unfurnished
Unit Remarks: Studio, Vacant, sq ft is estimate, buyer to verify
Unit 3 Details
Unit ID: 22
Unit SqFt: 728
Beds Total: 2
Full Baths Total: 1
Furnished: Unfurnished
Unit Remarks: Vacant, sq ft is estimated, buyer to verify
Property Features
Appliances: Electric Range; Refrigerator
Construction Materials: Concrete
Cooling: Wall/Window Unit(s)
Current Use: Multi-Family; Residential
Heating: Other
Laundry Features: None
Levels: Two
Listing Terms: Cash; Conventional; FHA; Owner May Carry; VA Loan
Lot Features: Other
Parking Features: Off Street; Shared Driveway
Possession: Close Of Escrow; Subject To Tenant Rights
Road Frontage Type: City Street
Road Surface Type: Asphalt
Roof: Shingle
Sewer: Public Sewer
Tenant Pays: All Utilities
Utilities: Electricity Connected; Separate Electric Meters; Separate Water Meters; Sewer Connected; Water Connected
Water Source: Public
Contingency Reason: Financing; Inspection
Flood Disclosure 
Listing Office: NOMAD REALTY
Last Updated: May - 24 - 2026
Information deemed reliable but not guaranteed.