18 W 43RD Street, Jacksonville, FL 32208

• 4 beds |
• 3 baths |
• 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.

Listing Status:

Active

Date Added:

March 26, 2026

Data Last Updated:

April 3, 2026 at 7:35AM

Listing Office:

NOMAD REALTY : 904-831-1701

Listing Agent:

RICHARD STANCATO : 904-428-9269

MLS ID:

2136755

Interior

• Appliances: Electric RangeRefrigerator
• Laundry: None
• A/C: Wall/Window Unit(s)
• Heating:

Construction

• Roofing: Shingle
• General: ConcreteTwo

Location

• Road/Access: City Street
• Originating MLS: realMLS (Northeast Florida Multiple Listing Service)
• County: Duval

Lot

• Zoning: 0273850000
• Current Use: Multi-FamilyResidential

Utilities

• Utilities: Electricity ConnectedSewer ConnectedWater ConnectedSeparate Electric MetersSeparate Water Meters
• Water: Public
• Sewer: Public Sewer

Financial

• Source: realMLS (Northeast Florida Multiple Listing Service)