Back 18 43rd Street West
Off Market

18 43rd Street West

Jacksonville FL 32208

4
3
1456 sq. ft.
4791.6 sq. ft.
Duplex
Last sold for $205,000
RICHARD STANCATORICHARD STANCATO, last sold this property on 22 May 2026 after 57 days on market.

Overview

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.

Features

4 bedrooms
3 bathrooms
1456 sq. ft. floor area
4791.6 sq. ft. lot size
Duplex

Estimated Value

We need at least 3 similar 4 bedroom duplexes sold in Jacksonville over the last 12 months.

Property history for 18 43rd Street West

2026
Sold
$205,000
22 May 2026 by RICHARD STANCATO, of NOMAD REALTY & DESIGN LLC
2021
Sold
$165,000
23 Jun 2021 by BRENDA MOSS, of WATSON REALTY CORP

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