This home is in Jacksonville.
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Sold·Closed May 22, 2026·26 days on market·Recent sales in Jacksonville
18 W 43rd Street
Jacksonville, FL 32208
About this home
Jacksonville
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.
Next steps in Jacksonville
Cost to own
True monthly cost
What this home actually costs per month at the asking price — not just the mortgage.
- • Homeowners insurance is on top — in Florida it varies widely with roof age and wind/flood zone (see the Reality Check below). Budget it before you offer.
- • In CDD communities (Nocatee, eTown, Seven Pines…), bond assessments are collected on the property-tax bill, and the amount varies home to home — a prior owner may have prepaid the bond — so we confirm this home’s exact line rather than trust a community average.
- • Taxes are estimated at YOUR purchase price — Florida assessments reset on sale, so the seller’s current bill is usually lower than yours will be (that applies to the reference bill above too).
Mortgage calculator — adjust rate & down payment
Cost to own
Mortgage calculator
Storms & insurance
Florida Reality Check
The storm-and-insurance facts every Florida buyer should know up front.
Flood zone not yet determined
Check the exact parcel at msc.fema.gov or ask Krista to pull it.
Flood damage is not covered by standard homeowners insurance — it’s always a separate policy.
Evacuation zone not yet determined
Check floridadisaster.org/knowyourzone.
Roof: Shingle — 2025 per the listing
A recent roof is the single biggest lever on Florida homeowners-insurance pricing.
Solar potential: ~1,653 usable sun-hours per year
A strong solar roof by Florida standards — worth pricing panels if energy bills matter to you.
Krista can connect you with local insurance quotes before you make an offer.
Ask about this homeThis Reality Check is informational only — it draws on FEMA/FDEM hazard layers, Florida DOH water records, and the listing’s own fields at this property’s coordinates. None of it is a determination, survey, or inspection, and public records can lag or conflict with on-site conditions. Independently verify anything you’ll rely on: the flood zone at msc.fema.gov and floridadisaster.org/knowyourzone (and confirm flood-insurance cost with your lender and a licensed insurance agent), and the sewer/septic, roof, and utilities with a professional inspection.
Cost to own
Taxes & assessment
| Year | Market value | Taxable value | Change |
|---|---|---|---|
| 2025 | $155,342 | $155,342 | — |
| 2024 | $156,377 | $156,377 | — |
| 2023 | $162,873 | $158,009 | — |
| 2022 | $143,645 | $143,645 | — |
| 2021 | $65,183 | $65,183 | — |
| 2020 | $63,400 | $63,400 | — |
2025 property taxes (current owner): $3,816/yr
Estimated taxes if purchased at asking price: ~$4,000/yr
Florida’s Save Our Homes cap limits how fast the current owner’s assessment can rise — and it resets when a home sells, so a buyer’s tax bill is typically based on the purchase price, not the seller’s bill above. Estimate uses the median effective rate across 3,305 current Duval listings and includes typical non-ad-valorem assessments; actual taxes depend on exemptions and taxing district. Sources: Florida DOR certified tax roll (2025), NEFMLS.
Closed sales
What sold nearby
Closed sales within about two miles in the last 18 months, same property type, similar size. Closed prices from the MLS, not estimates. Their median is $117/sq ft; this home is listed at $154/sq ft.
| Address | Closed | Price | $/sq ft | Bd/Ba | Sq ft | DOM | Miles |
|---|---|---|---|---|---|---|---|
| 278 E 46th Street, Jacksonville, FL 32208Listed by MOMENTUM REALTY | Jun 2026 | $172,000 | $98 | 4/0 | 1,764 | 5 | 0.4 |
| 423 Linwood Avenue, Jacksonville, FL 32206Listed by THE THAYVER GROUP | Dec 2025 | $190,000 | $117 | 3/0 | 1,630 | 0 | 0.5 |
| 516 Linwood Avenue, Jacksonville, FL 32206Listed by THE THAYVER GROUP | Dec 2025 | $130,000 | $109 | 2/2 | 1,196 | 10 | 0.5 |
| 209 W 23rd Street, Jacksonville, FL 32206Listed by DISTINCTIVE PROPERTIES OF JACKSONVILLE INC | Sep 2026 | $107,500 | $64 | 4/2 | 1,687 | 23 | 1 |
| 3407 Plateau Street, Jacksonville, FL 32206Listed by FREEDOM REALTY GROUP LLC | Aug 2026 | $247,500 | $224 | 4/2 | 1,104 | 20 | 1.2 |
| 3615 Charles Street, Jacksonville, FL 32209Listed by FLORIDA HOMES REALTY & MTG LLC | Apr 2026 | $209,900 | $161 | 4/2 | 1,300 | 71 | 2.4 |
Sold data from the realMLS IDX feed. A closed price is what a buyer paid, not what this home is worth; Krista runs the adjustments per home.
Features
Community Information
Amenities
Interior
Exterior
Additional Information
Listing Courtesy of: NOMAD REALTY
Information deemed reliable but not guaranteed. Data provided through the IDX program of realMLS (Northeast Florida Multiple Listing Service). © 2026 Northeast Florida Multiple Listing Service, Inc. All rights reserved.
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Krista Fracke
Broker Associate
This home sold on May 22, 2026. If you own nearby and want to know what this sale means for your value, or you're shopping this street, I can walk you through it.
Text Krista about this saleHomes for sale nearby →20+ years · 500+ closings · NE Florida
Curious what nearby homes sold for?
MLS rules keep sold prices off public sites — ask Krista and she'll email you recent sales for this area.
Northeast Florida living
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