$224,900
UNDER CONTRACT18 W 43RD Street, Jacksonville, FL 32208, Jacksonville, FL 32208
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.
Property Details
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Location
18 W 43RD Street, Jacksonville, FL 32208, Jacksonville
MLS ID: 20260325180444546664000000 · Listing data provided by NEFAR MLS via Spark API. Information deemed reliable but not guaranteed. Last updated May 1, 2026. Listing courtesy of NOMAD REALTY.