1990 Baldwin St · Jacksonville, FL 32209

$128,900

3 bd · 1.0 ba · 1,107 sqft · SingleFamily public records · 104 Days on market

Built 1919 3,920 sqft lot Est $133k · at est.

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Why this score? — see what drove the C- grade

The composite is a weighted blend of 9 inputs, each scored 0–100. Each bar is that input's sub-score; the figure is the points it added to the 100-point composite (weight × sub-score).

• Cash flow +19.6/30.0
• ARV discount +8.8/15.0
• DSCR +6.2/10.0
• 1% rule +5.4/10.0
• Livability +4.2/5.0
• Schools +3.9/10.0
• Rent growth +3.0/5.0
• Condition / age +2.5/5.0
• Appreciation +0.0/10.0

Listing remarks MLS

Welcome home! this cozy three bed single bath home is ready for new owners and new memories! Perfect starter home for the family or investor to add to your rental portfolio! This home features a remodeled kitchen, spacious living and bedrooms, and the best lot in the area! Huge fenced in yard, and wooden deck great for entertaining or soaking in the sunshine. There is a lot to love for the little you spend with this fantastic home! (*home is currently rented with lease ending soon)

Key facts

• Fenced yard
• Remodeled kitchen
• Back deck

Tags

• BACK DECK
• FENCED YARD
• REMODELED KITCHEN

Property features AI

Exterior

• Parking: Additional parking; On-street parking
• Utilities: Public sewer; Water available; Sewer available; Electricity available and connected; Cable available
• Home design: Single-family residence; One story
• Construction: Shingle roof
• Exterior features: Deck; Chain link fencing; Sidewalks

Interior

• Kitchen: Electric oven; Refrigerator
• Bedrooms: 3 bedrooms
• Flooring: Carpet
• Bathrooms: 1 full bathroom
• Heating & cooling: Central heating; Central air conditioning; Has heating and cooling
• Interior features: Investment or residential single-family use; Unfurnished
• Laundry & utility: Washer hookup; Electric dryer hookup; Electric water heater

What this means for you Summary

Snapshot

• This is a 3-bed/1.0-bath single-family listed at $129k.

Deal economics

• At list price, monthly cash flow is $148 ($2k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($1k rent vs $129k).
• Recommended offer: $117k (9.0% below list) — sets the bar for market timing.
• Cap rate 7.7% vs local median 4.0% in Jacksonville — top-decile yield for the area; either an underpriced asset or a hidden risk that comps aren't pricing in. Stress-test before assuming the spread holds.

Location & tenants

• Location reads 83/100 on livability (#50 in FL, #911 nationally) — a professional / high-income tenant draw. Strengths: amenities A+, commute A+, housing A+.
• Duval (urban): math 46% / reading 45% proficiency, ranked #48 of 73 in FL (top 66%) — families likely to look elsewhere, expect single-tenant / working-renter base with shorter leases.
• Market conditions: Rents rising (+1.8%/yr); 394 active listings in the ZIP; 40 comparable units currently listed for rent nearby; rentals at typical pace (median 22d on market — plan ~3-4 weeks tenant-placement turnaround); lower-income renter base — watch delinquency; 6,503 units permitted in Duval County in 2024 (1,131 in 5+ unit buildings).
• At $1,340/mo this rent would consume 53% of the median local household income ($31k/yr) (locally 2921% of renters already pay >50% of income on rent) — very limited rent-growth headroom before tenants either downsize or default.

Forward outlook

• Local home prices are declining (-3.0%/yr); year-one equity from $891 of loan paydown is wiped out by about $4k of value loss. Plan a longer hold.
• Duval County population projected at +19% by 2050 — long-run rental-demand tailwind backs the buy-and-hold thesis.

Negotiation context

• It's been on market 104 days — a 9% lower offer ($117k) is reasonable based on typical stale-listing flexibility.
• 8 sale attempts since 22y ago with the ask held roughly flat each time — persistent listings suggest the price (not the market) is what's stuck; bring a comps-based counter.

Risks & watch-outs

• Watch-outs: built in 1919 — expect roof / HVAC / electrical / plumbing capex.
• Climate carrying-cost: severe wind risk, 99% chance of damaging wind over 30y; extreme-heat days projected 7→20/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $117,299 (9.0% below list)

Questions for the listing agent

1. It's been on market 104 days. Have you received any prior offers? Is the seller open to a 9% concession, seller financing, or rate buy-down credit?
2. Built in 1919 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
3. Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
4. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
5. Schools are B-rated — typically a magnet for longer-tenancy family renters. What's the average tenant stay here, and is there a school-zone premium baked into asking?
6. What's the average days-on-market for RENTAL listings here right now (not sales)? A rising rental-DOM trend means longer vacancies and softer asking-rent achievability than the comps imply.
7. What's the recent tenant-quality profile in this submarket — average credit score on applications, eviction rate, late-payment / NSF rate, and stable-employment percentage? A property-management company in the area should have these aggregated.
8. How much new for-sale + rental construction is in the pipeline within 1–3 miles? Heavy new supply typically softens prices + rents 12–24 months out; constrained supply supports both.

Investment metrics

• 1% rule: 1.04% ✓
• Cap rate: 7.67%
• Cash-on-cash: 4.92%
• DSCR: 1.22
• GRM: 8.0

CMA / ARV

• ARV (on-the-fly): $132,840
• Comps found: 12

Show comp detail 12 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
2067 Woodside St	0.13mi	3/1.0	1,013 (-8%)	1mo	$34,900	$34	79
1831 Broadway Ave	0.15mi	3/2.0	1,050 (-5%)	3mo	$95,000	$90	78
2231 Placeda St	0.45mi	2/1.0 (-1)	1,081 (-2%)	2mo	$26,000	$24	68
2269 Hartridge St	0.47mi	2/1.0 (-1)	1,149 (+4%)	1mo	$55,000	$48	66
2202 W 1st St	0.43mi	3/1.0	988 (-11%)	2mo	$56,900	$58	60
1116 Fairfax St	0.47mi	3/1.0	1,000 (-10%)	2mo	$173,017	$173	60
2550 Summit St	0.66mi	2/2.0 (-1)	1,083 (-2%)	0mo	$130,000	$120	56
2308 Commonwealth Ave	0.50mi	3/2.0	1,209 (+9%)	2mo	$209,000	$173	56
1015 Powhattan St	0.52mi	3/2.0	1,252 (+13%)	3mo	$175,000	$140	48
1725 Seminary St	0.72mi	3/1.0	996 (-10%)	3mo	$88,000	$88	48
357 Smith St	0.74mi	3/2.0	1,000 (-10%)	3mo	$142,000	$142	43
2562 Summit St	0.66mi	3/2.0	1,268 (+14%)	3mo	$205,000	$162	39

Match score weights: distance 35% · size 25% · config 20% · recency 20%. Top-matched comps best support the ARV.

Projected returns pro-forma

-3.0% appreciation · 1.81% rent growth · sell at horizon

5-year hold

• IRR: -10.0%
• Equity multiple: 0.64×
• Total profit: $-13,025
• Equity at exit: $19,219

10-year hold

• IRR: -2.4%
• Equity multiple: 0.85×
• Total profit: $-5,439
• Equity at exit: $11,145

Cash invested: $36,092 (down + closing). Projections, not guarantees.

Landlord ↔ Tenant lean methodology

• Overall (STATE): 87 Strongly Landlord-Friendly
• State Florida: 87 Strongly Landlord-Friendly · R+3
• County: — inherits STATE
• City: — inherits STATE

3-day pay-or-quit; preempts local rent control; landlord-friendly statutes. Court speed varies by county.

Methodology + full state rankings →

ZIP-level market 32209

• Home prices YoY: -22.1%
• Rents YoY: 1.8%
• Active inventory: 394
• Price-to-rent: 8.0×

Monthly cashflow live

• Estimated rent: $1,340 high
• Mortgage (P&I): −$676
• Tax from tax record: −$181 /mo · $2,174/yr
• Insurance: −$54
• HOA: −$0
• Vacancy / Maint / Mgmt: −$281
• Net cashflow: $148

Break-even live

Break-even rent $1,153

Max offer price $128,900

Occupancy floor 84%

UW: 25.0% down · 7.5% · 30yr · 1.5% tax · 5.0% vac · 8.0% maint · 8.0% mgmt

Financing live

Cash to close

• Down payment: $32,225
• Closing costs: $3,867
• Reserves months: —
• Total cash needed: —

Rent comps 40 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
1923 Broadway Ave Jacksonville, FL	3.0	2.0	1230	$1,421	$1.16	24d	1	0.06mi
2012 Baldwin St Jacksonville, FL	3.0	2.0	1232	$1,445	$1.17	24d	1	0.07mi
1979 Yulee St Jacksonville, FL	3.0	2.0	1050	$1,500	$1.43	24d	1	0.08mi
2128 Woodside St Jacksonville, FL	2.0	1.0	776	$895	$1.15	24d	1	0.23mi
1751 Broadway Ave Jacksonville, FL	2.0	1.0	1000	$1,525	$1.52	4d	1	0.33mi
2154 Placeda St Jacksonville, FL	4.0	1.5	1124	$1,500	$1.33	21d	1	0.38mi
2185 Kingston St Jacksonville, FL	3.0	2.0	1230	$1,381	$1.12	24d	1	0.39mi
1145 N Canal St Jacksonville, FL	2.0	2.0	1184	$1,396	$1.18	3d	1	0.40mi
1911 W 3rd St Jacksonville, FL	3.0	1.0	912	$1,050	$1.15	4d	1	0.44mi
1995 W 4th St Jacksonville, FL	4.0	1.5	1213	$1,375	$1.13	24d	1	0.44mi
1319 Woods St Jacksonville, FL	3.0	2.0	1103	$1,221	$1.11	24d	1	0.49mi
2011 W 5th St Jacksonville, FL	3.0	1.0	988	$1,150	$1.16	24d	1	0.49mi
1657 Union St W Unit 1 Jacksonville, FL	2.0	1.0	700	$1,050	$1.50	2d	1	0.53mi
1934 W 6th St Jacksonville, FL	3.0	1.0	948	$1,125	$1.19	24d	1	0.53mi
1783 W 3rd St Jacksonville, FL	3.0	1.0	816	$650	$0.80	24d	1	0.56mi
1866 W 6th St Jacksonville, FL	3.0	1.0	1064	$1,120	$1.05	4d	1	0.56mi
2325 Westbrook Cir N Jacksonville, FL	3.0	2.0	812	$1,200	$1.48	24d	1	0.57mi
1710 W 2nd St Unit A Jacksonville, FL	2.0	1.0	939	$800	$0.85	24d	1	0.58mi
1607 Logan St Jacksonville, FL	4.0	2.0	1232	$1,800	$1.46	24d	1	0.61mi
1788 W 5th St Jacksonville, FL	3.0	2.0	948	$1,295	$1.37	24d	1	0.63mi
1545 Union St W Jacksonville, FL	3.0	2.0	1253	$1,400	$1.12	3d	1	0.64mi
1213 Moat St Jacksonville, FL	2.0	2.5	1022	$1,283	$1.26	17d	1	0.64mi
1539 Union St W Jacksonville, FL	3.0	1.5	1000	$1,144	$1.14	14d	1	0.64mi
1721 Campus St Jacksonville, FL	3.0	2.0	909	$1,400	$1.54	24d	1	0.68mi
844 Tyler St Unit 1 Jacksonville, FL	2.0	1.0	800	$900	$1.12	8d	1	0.70mi
1733 McMillan St Jacksonville, FL	3.0	2.0	1211	$1,265	$1.04	4d	1	0.72mi
1640 W 4th St Unit 1 Jacksonville, FL	4.0	2.0	1119	$1,675	$1.50	20d	1	0.72mi
2410 McQuade St Jacksonville, FL	3.0	2.0	1307	$1,425	$1.09	24d	1	0.73mi
1470 Windle St Jacksonville, FL	3.0	2.0	1170	$1,425	$1.22	15d	1	0.75mi
371 Smith St Jacksonville, FL	3.0	2.0	1050	$1,325	$1.26	4d	1	0.77mi
1448 Union St W Jacksonville, FL	3.0	1.0	958	$1,200	$1.25	24d	1	0.78mi
1934 Ella St Jacksonville, FL	3.0	1.0	1045	$1,095	$1.05	20d	1	0.82mi
2008 Palafox St Jacksonville, FL	2.0	1.0	750	$950	$1.27	21d	1	0.83mi
2012 Palafox St Jacksonville, FL	2.0	1.0	750	$950	$1.27	20d	1	0.83mi
1776 Spires Ave Unit 2 Jacksonville, FL	2.0	1.0	800	$1,125	$1.41	4d	1	0.84mi
1425 Morgan St Jacksonville, FL	2.0	1.0	850	$650	$0.76	3d	1	0.84mi
2004 Palafox St Jacksonville, FL	2.0	1.0	750	$950	$1.27	21d	1	0.92mi
2002 Palafox St Jacksonville, FL	2.0	1.0	750	$950	$1.27	21d	2	0.92mi
2000 Palafox St Jacksonville, FL	2.0	1.0	750	$950	$1.27	24d	1	0.93mi
1437 Prince St Unit 1437 Jacksonville, FL	2.0	1.0	700	$1,120	$1.60	24d	1	0.93mi

Listing history 31 events

1. 2026-06-18
   days on market $128,900 Active 104 DOM
2. 2026-06-17
   days on market $128,900 Active 103 DOM
3. 2026-06-16
   days on market $128,900 Active 102 DOM
4. 2026-06-15
   days on market $128,900 Active 101 DOM
5. 2026-06-10
   days on market $128,900 Active 95 DOM
6. 2026-06-08
   days on market $128,900 Active 94 DOM
7. 2026-06-07
   days on market $128,900 Active 93 DOM
8. 2026-06-03
   days on market $128,900 Active 89 DOM
9. 2026-06-02
   days on market $128,900 Active 88 DOM
10. 2026-06-01
    days on market $128,900 Active 87 DOM
11. 2026-05-31
    days on market $128,900 Active 86 DOM
12. 2026-04-06
    status Active
13. 2026-03-27
    status Pending
14. 2026-02-24
    listed $128,900 Active
15. 2025-09-30
    historical $1,500
16. 2025-09-13
    listed $1,500
17. 2025-09-02
    historical $1,500
18. 2025-07-22
    listed $1,500
19. 2024-06-19
    historical $1,700
20. 2024-05-21
    listed $1,700
21. 2023-04-13
    soldstatus $120,000
22. 2023-04-03
    soldstatus $120,000 Sold 487-char remark

    Show marketing remark (487 chars)

    Welcome home! this cozy three bed single bath home is ready for new owners and new memories! Perfect starter home for the family or investor to add to your rental portfolio! This home features a remodeled kitchen, spacious living and bedrooms, and the best lot in the area! Huge fenced in yard, and wooden deck great for entertaining or soaking in the sunshine. There is a lot to love for the little you spend with this fantastic home! (*home is currently rented with lease ending soon)

23. 2023-02-27
    status Pending 487-char remark

    Show marketing remark (487 chars)

    Welcome home! this cozy three bed single bath home is ready for new owners and new memories! Perfect starter home for the family or investor to add to your rental portfolio! This home features a remodeled kitchen, spacious living and bedrooms, and the best lot in the area! Huge fenced in yard, and wooden deck great for entertaining or soaking in the sunshine. There is a lot to love for the little you spend with this fantastic home! (*home is currently rented with lease ending soon)

24. 2023-02-17
    historical Active - Contingent 487-char remark

    Show marketing remark (487 chars)

    Welcome home! this cozy three bed single bath home is ready for new owners and new memories! Perfect starter home for the family or investor to add to your rental portfolio! This home features a remodeled kitchen, spacious living and bedrooms, and the best lot in the area! Huge fenced in yard, and wooden deck great for entertaining or soaking in the sunshine. There is a lot to love for the little you spend with this fantastic home! (*home is currently rented with lease ending soon)

25. 2023-01-17
    listed $124,900 Active 487-char remark

    Show marketing remark (487 chars)

    Welcome home! this cozy three bed single bath home is ready for new owners and new memories! Perfect starter home for the family or investor to add to your rental portfolio! This home features a remodeled kitchen, spacious living and bedrooms, and the best lot in the area! Huge fenced in yard, and wooden deck great for entertaining or soaking in the sunshine. There is a lot to love for the little you spend with this fantastic home! (*home is currently rented with lease ending soon)

26. 2008-03-20
    historical 226-char remark

    Show marketing remark (226 chars)

    Seller has not lived on property, Being sold in As-Is condition, Seller nor Agent makes any representations or guarantees of any kind. Seller will not provide survey. Proof of funds or Pre-Qual letter required with all offers.

27. 2008-03-14
    soldstatus $52,500 226-char remark

    Show marketing remark (226 chars)

    Seller has not lived on property, Being sold in As-Is condition, Seller nor Agent makes any representations or guarantees of any kind. Seller will not provide survey. Proof of funds or Pre-Qual letter required with all offers.

28. 2007-12-07
    listed $59,900 226-char remark

    Show marketing remark (226 chars)

    Seller has not lived on property, Being sold in As-Is condition, Seller nor Agent makes any representations or guarantees of any kind. Seller will not provide survey. Proof of funds or Pre-Qual letter required with all offers.

29. 2005-01-24
    historical
30. 2004-11-17
    soldstatus $85,000
31. 2004-05-13
    listed $74,900

ⓘ Source: listings_history table (triggers on properties + properties_extension) + one-shot backfill from property_details.listing_events for pre-trigger history.

Tax reassessment forecast FL · Resets to sale price

• Current annual tax: $2,174 · $181/mo
• Projected year-2 tax: $2,174 · $181/mo
• Expected delta: $0/yr ($0/mo · 0.0%)

ⓘ Screening estimate from a state-policy table — verify with the county assessor before closing.

Climate risk First Street

• 🌊 Flood 1/10 Low FEMA zone X (unshaded) · 0% chance over 30 yrs
• 🔥 Wildfire 1/10 Low
• 🌡 Heat 9/10 Extreme 7 d/yr ≥107°F today · 20 d/yr by 30 yrs out
• 💨 Wind 9/10 Extreme 99% chance of damaging wind over 30 yrs
• 🫁 Air quality 5/10 Major 7 unhealthy d/yr today · 7 by 30 yrs out

Taxation est. · year 1

• Rental income: $16,080
• − Mortgage interest: −$7,220
• − Property taxes: −$2,174
• − Insurance: −$644
• − Repairs & maintenance: −$1,286
• − Management: −$1,286
• − Depreciation: −$3,750
• Taxable loss: −$281
• Est. tax savings @ 24.0%: +$67
• After-tax cash flow: $1,841/yr

For passive investors: Depreciation is non-cash, so a rental often shows a tax loss while cash-flowing — sheltering income. Rental losses are passive: they offset passive income freely, and up to $25,000/yr can offset ordinary (W-2) income if you actively participate and your MAGI is under $100k (phasing out to $0 by $150k); unused losses carry forward. On sale, claimed depreciation is recaptured at up to 25%, and gains may owe capital-gains tax (a 1031 exchange can defer both). Figures are a year-1 estimate at your 24.0% rate — not tax advice; consult a CPA.

Schools (NCES district)

• District: Duval
• NCES district ID: 1200480
• Math proficiency: 46% ▼ -11.00%
• Reading proficiency: 45% ▼ -4.00%
• Median HH income: $48,987
• Composite: 38.97/100
• National rank: #4076
• State rank: #48 of 73 in FL

Livability — Jacksonville

• Score: 83/100
• State rank: #50
• US rank: #911

Category grades

Amenities A+ Commute A+ Cost of living A Crime C Employment C Housing A+ Health & safety A+ User ratings F

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Jacksonville, FL
• County: Duval County · 1,015,274 people
• City population: 979,034
• Metro: Jacksonville, FL
• Population (ZIP): 34,657
• Household income: $30,514
• Rent vs Own: 53.0% rent · 47.0% own
• Severe rent burden: 2921.0

Population outlook (Duval County) Hauer SSP2

• Today (2025): 1,013,010 people
• By 2030: 1,059,228 · +4.6%
• By 2040: 1,141,439 · +12.7%
• By 2050: 1,205,258 · +19.0%
• By 2075: 1,324,282 · +30.7%
• By 2100: 1,319,620 · +30.3%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Predominantly Black (88%)
• Race & ethnicity: Black 88% White 5% Hispanic / Latino 5% Two or more races 2%
• Hispanic origin (detail): Puerto Rican 3%
• Common ancestry: Hispanic 1% Romanian 1%
• Foreign-born: 3% · Canada
• Languages at home: 95% English-only · Spanish 4% French/Haitian/Cajun 1%

Political lean MEDSL · Duval

• 2024 margin: Toss-up / Even · D 48.7% · R 50.1% · Other 1.2%
• 2008→2024 swing: +0.4pp no change · 2008: -1.9pp · 2024: -1.5pp
• All cycles: 2024: R+1.5 2020: D+3.8 2016: R+1.5 2012: R+3.6 2008: R+1.9

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▼ -53.92%
• Current HPI: 189.5977
• Rent YoY: ▲ 1.81%
• Metro: Jacksonville, FL
• State GDP YoY: ▲ 3.28%
• F500 in state: 36

Industry mix (Fortune 500 HQ in FL)

Industry	F500 HQs	Revenue
▸Industrial Technology	2	$29B
▸Insurance	2	$17B
▸Retail	1	$60B
▸Technology Distribution	1	$58B
▸Homebuilding	1	$35B
▸Technology Manufacturing	1	$35B

Price history

+72.1% since first listed

20 events — show timeline

• 2026-04-06 Relisted — realMLS
• 2026-03-27 Pending — realMLS
• 2026-02-24 Listed $128,900 realMLS
• 2025-09-30 Rental Removed $1,500 NEFLMLS
• 2025-09-13 Listed for Rent $1,500 NEFLMLS
• 2025-09-02 Rental Removed $1,500 NEFLMLS
• 2025-07-22 Listed for Rent $1,500 NEFLMLS
• 2024-06-19 Rental Removed $1,700 NEFLMLS
• 2024-05-21 Listed for Rent $1,700 NEFLMLS
• 2023-04-13 Sold (Public Records) $120,000 Public Records
• 2023-04-03 Sold (MLS) $120,000 realMLS
• 2023-02-27 Pending — realMLS
• 2023-02-17 Contingent — realMLS
• 2023-01-17 Listed $124,900 realMLS
• 2008-03-20 Listing Removed — realMLS
• 2008-03-14 Sold (MLS) $52,500 realMLS
• 2007-12-07 Listed $59,900 realMLS
• 2005-01-24 Listing Removed — realMLS
• 2004-11-17 Sold (MLS) $85,000 realMLS
• 2004-05-13 Listed $74,900 realMLS

Property tax history

+8.8%/yr

Latest (2025): $2,174 · +10.4% YoY. Source: county tax records.