18 43RD, Jacksonville, Florida 32208 MLS 2136755For sale

18 43RD, Jacksonville, Florida 32208

$224,900
4 Bedrooms
3 Bathrooms
1,456 Sqft
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.

Basic Details
Residential Income
Triplex
For sale
2136755
$224,900
4
3
0
1,456 Sqft
1954
4,791.60 Sqft
0.11
Shingle
Multi-Family,Residential
Features
: Other
: Wall/window Unit(s)
: Other
: Asphalt
No
Appliances
Electric Range,Refrigerator
Address Map
Country : US
State : FL
County : Duval
City : Jacksonville
Subdivision Name : Oak Lawn
Zipcode : 32208
43RD
18
Street
W82° 20' 52.5''
N30° 22' 18.1''
071-Brentwood/Evergreen
MLS Information
03-26-2026 13:38:54
Active
03-26-2026
N
2
: Off Street, Shared Driveway
NOMAD REALTY
Agent info
Mike Schwiebert, REALTOR ®
INI Realty
3603 Cardinal Point Drive. Jacksonville, FL 32257
May I Schedule a Tour?
Mortgage Calculator
$
$ %
years
%
$ %per year
%per year
$