18 W 43rd Street, Jacksonville, FL 32208

Jacksonville
Local realty services provided by:ERA Fernandina Beach Realty
18 W 43rd Street,Jacksonville, FL 32208
$224,900
  • 4 Beds
  • 3 Baths
  • 1,456 sq. ft.
  • Multi-family
  • Active
Listed by: richard stancato, triciarae stancato
Office: nomad realty
MLS#:2136755
Source:JV

Price summary

  • Price:$224,900
  • Price per sq. ft.:$154.46

About this home

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.

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Home facts

  • Year built:1954
  • Listing ID #:2136755
  • Added:1 day(s) ago
  • Updated:March 26, 2026 at 03:52 PM

Rooms and interior

  • Bedrooms:4
  • Total bathrooms:3
  • Full bathrooms:3
  • Kitchen Description:Electric Range, Refrigerator
  • Living area:1,456 sq. ft.

Heating and cooling

  • Cooling:Wall/window Unit(s)

Structure and exterior

  • Roof:Shingle
  • Year built:1954
  • Building area:1,456 sq. ft.
  • Lot area:0.11 Acres
  • Construction Materials:Concrete
  • Levels:2 Story

Utilities

  • Water:Public, Separate Water Meters, Water Connected
  • Sewer:Public Sewer, Sewer Connected

Finances and disclosures

  • Price:$224,900
  • Price per sq. ft.:$154.46
  • Tax amount:$3,816 (2025)
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