FL
Duval
Jacksonville
32208
18 W 43RD Street
18 W 43RD Street, Jacksonville, FL 32208
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Listing Type
Multi Family
Listing Status
Active
18
$224,900

Home Details for 18 W 43RD Street

Price
$224,900
Type
Residential Income
Bedrooms
4
Total Bathrooms
3
Full Bathrooms
3
Square feet
1456
Year built
1954
Lot size acres
0.11
County
Duval
MLS Listing#
2136755
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.

Property Features
  • Utilities
    • Electricity Connected
    • Sewer Connected
    • Water Connected
  • Parking
    • Off Street
    • Shared Driveway
  • Cooling Information
    • Wall/Window Unit(s)
  • Heating Information
    • Other
  • Water Features
    • Public
Listing Courtesy: NOMAD REALTY - 904-831-1701
The data relating to real estate for sale on this website comes in part from the Internet Data Exchange (IDX) program of the Northeast Florida Multiple Listing Service, Inc. Real estate listings held by brokerage firms other than EXIT Realty are marked with the listing broker's name and detailed information about such listings includes the name of the listing brokers.
Data provided is deemed reliable but is not guaranteed. The data relating to real estate for sale on this website comes in part from the Northeast Florida Multiple Listing Service, Inc. The information being provided is for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed. Copyright ©2026 Northeast Florida Multiple Listing Service, Inc. All Rights Reserved.
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EXIT INSPIRED REAL ESTATE
1600 Park Ave. Ste 2, Orange Park, FL 32073
Chris Walker
License #: 3645549
Sales Representative
Office
904 595 3948
Agent
904 463 1610
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