18 W 43RD Street, Jacksonville, FL 32208 (MLS# 2136755) -

18 W 43RD Street, Jacksonville, FL 32208

$224,900

Property Type: Residential Income Bedrooms: 4 Baths: 3 Square Footage: 1,456 Lot Size (sq. ft.): 4,792 Status: Active Under Contract

Current Price: $224,900 List Date: 3/26/2026 Last Modified: 4/22/2026

Overview

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 Details MLS# 2136755

General Property Information

Number Of Units Total: 3
Bedrooms Total: 4
Bathrooms Total: 3
Bathrooms Full: 3
Living Area: 1456
Living Area Source: Public Records
Accessibility Features YN: No
New Construction YN: No
Year Built: 1954
Garage YN: No
Carport YN: No
Lot Size Acres: 0.11
Association YN: No
CDD Fee YN: No
Pool Private YN: No
Water Body Access YN: No
Waterfront YN: No
Furnished: Unfurnished
Stories Total: 2
Directions: FROM MAIN STREET TURN LEFT UNTO W 43RD STREET, TRIPLEX LOCATED ON THE LEFT. 18-20-22 W 43rd St.
Public Remarks: 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.
List Price/SqFt: 154.46
Bathrooms Half: 0

Property Features

Appliances: Electric Range; Refrigerator Construction Materials: Concrete Cooling: Wall/Window Unit(s) Current Use: Multi-Family; Residential Heating: Other Laundry Features: None Levels: Two Listing Terms: Cash; Conventional; FHA; Owner May Carry; VA Loan Lot Features: Other Parking Features: Off Street; Shared Driveway Possession: Close Of Escrow; Subject To Tenant Rights Road Frontage Type: City Street Road Surface Type: Asphalt Roof: Shingle Sewer: Public Sewer Tenant Pays: All Utilities Utilities: Electricity Connected; Separate Electric Meters; Separate Water Meters; Sewer Connected; Water Connected Water Source: Public Contingency Reason: Financing; Inspection

Contract Information

Listing Contract Date: 2026-03-26
Property Sub Type: Triplex

Location Tax and Legal

Street Number: 18
Street Direction Prefix: W
Street Name: 43RD
Street Suffix: Street
County: Duval
State: FL
Postal Code: 32208
Subdivision Name: Oak Lawn
MLS Area Major: 071-Brentwood/Evergreen

Status Change Information

Major Change Timestamp: 2026-04-22T14:07:04Z
Major Change Type: Status Change
Contingency: Active Under Contract
Contingent Date: 2026-04-21

Currently Not Used

Property Attached YN: No
yn11: No
Accessory Dwelling Unit Y/N: No

More Information

Unit 1 Details

Unit ID: 18
Actual Rent: 825
Unit SqFt: 400
Full Baths Total: Yes
Furnished: Unfurnished
Unit Remarks: M2M, sq footage is estimated, buyer to verify

Unit 2 Details

Unit ID: 20
Unit SqFt: 328
Full Baths Total: Yes
Furnished: Unfurnished
Unit Remarks: Studio, Vacant, sq ft is estimate, buyer to verify
Actual Rent: 0

Unit 3 Details

Unit ID: 22
Unit SqFt: 728
Full Baths Total: Yes
Furnished: Unfurnished
Unit Remarks: Vacant, sq ft is estimated, buyer to verify
Actual Rent: 0

Location, Tax, and Legal

Country: US
Parcel Number: 0273850000
Tax Annual Amount: 3816.14
Tax Year: 2025
Tax Legal Description: 5-78 39-1S-26E .109 OAKLAWN LOT 4 BLK 12

Appliances

Electric Range: Yes
Refrigerator: Yes

Construction Materials

Concrete: Yes

Cooling

Wall/Window Unit(s): Yes

Current Use

Multi-Family: Yes
Residential: Yes

Heating

Other: Yes

Laundry Features

None: Yes

Levels

Two: Yes

Listing Terms

Cash: Yes
Conventional: Yes
FHA: Yes
Owner May Carry: Yes
VA Loan: Yes

Lot Features

Other: Yes

Parking Features

Off Street: Yes
Shared Driveway: Yes

Possession

Close Of Escrow: Yes
Subject To Tenant Rights: Yes

Road Frontage Type

City Street: Yes

Road Surface Type

Asphalt: Yes

Roof

Shingle: Yes

Sewer

Public Sewer: Yes

Tenant Pays

All Utilities: Yes

Utilities

Electricity Connected: Yes
Separate Electric Meters: Yes
Separate Water Meters: Yes
Sewer Connected: Yes
Water Connected: Yes

Water Source

Public: Yes

Contingency Reason

Financing: Yes
Inspection: Yes

Documents

Flood Disclosure ›

Lead based paint Disclosure ›

No SPD Acknowledgement ›

Listing Office: NOMAD REALTY

Last Updated: April - 22 - 2026

Information deemed reliable but not guaranteed.