1538 LOGAN Street

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1538 LOGAN Street

Jacksonville, FL 32209
Asking Price
$145K
Asset Type
Apartment Building Multifamily
Class
Class B

AI Property Summary

Structured overview optimized for LLM context (ChatGPT, Perplexity, Claude).

  • Multifamily apartment building available for sale in Jacksonville
  • Property contains two distinct residential rental units
  • Located at 1538 Logan Street in the 32209 zip code
  • Offered at an asking price of 144999 dollars
  • Asset sits within a significant Florida metropolitan rental market

What's Special

This multifamily apartment building contains two units and is situated at 1538 Logan Street in Jacksonville, Florida. The property represents a residential investment opportunity within a major coastal metropolitan area known for its consistent demand for rental housing. The Jacksonville market benefits from a diverse local economy and a steady population base supported by major logistics, finance, and healthcare industries. Its strategic location offers accessibility to regional transportation networks, providing residents with efficient commutes to nearby employment hubs and essential services. This asset is well-positioned for an investor looking to stabilize a small-scale multi-family holding in an established urban neighborhood. Given the current configuration, the building serves as a practical addition to a residential real estate portfolio seeking cash-flow potential in a growing Southern market.

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NOI
$80,000
Cap Rate
55.17%
DSCR
9.29
Strong
Cash-on-Cash
164.12%
Monthly Payment
$717.376
Annual Cash Flow
$71,391.489

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