2146 Louise St · Jacksonville, FL 32206

$75,000

3 bd · 1.0 ba · 1,000 sqft · SingleFamily public records · 35 Days on market

Built 1944 5,662 sqft lot Est $125k · 40% under

---

Why this score? — see what drove the B+ 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 +30.0/30.0
• ARV discount +15.0/15.0
• 1% rule +10.0/10.0
• DSCR +10.0/10.0
• Livability +4.2/5.0
• Schools +3.9/10.0
• Rent growth +2.7/5.0
• Condition / age +2.5/5.0
• Appreciation +0.0/10.0

Listing remarks MLS

Here's your chance to own this charming remodeled 3 bedroom home with 1 car garage and workshop. Suitable for a growing family or an investor looking for a cash flowing opportunity. New roof, AC, plumbing and sewer with updated bathroom and kitchen. Don't hesitate, come by and see this beauty today.

Key facts

• 5,662 sq ft lot
• 432 garage spots
• Built 1944

Property features AI

Finance

• HOA & community: Not a senior community

Exterior

• Parking: Garage (detached or attached not specified)
• Utilities: Public sewer; Water available
• Home design: Single family residence; One level; Entry on level 1
• Exterior features: Lot is approximately 0.13 acres; Northeast facing

Interior

• Bedrooms: 3 bedrooms
• Flooring: Vinyl flooring; Wood flooring
• Bathrooms: 1 full bathroom
• Heating & cooling: Central heating; Central air conditioning
• Interior features: Unfurnished
• Laundry & utility: Washer hookup; Electric dryer hookup; Dryer included

What this means for you Summary

Snapshot

• This is a 3-bed/1.0-bath single-family listed at $75k.

Deal economics

• At list price, monthly cash flow is $509 ($6k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($1k rent vs $75k).
• Recommended offer: $73k (3.0% below list) — sets the bar for market timing.
• Cap rate 14.4% 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.
• Zoned schools: Matthew W. Gilbert Middle School (math 26% / reading 17%, grade F, #553 of 571 statewide, top 97%, 688 students, 86% FRL); Andrew Jackson High School (math 30% / reading 26%, grade F, #464 of 667 statewide, top 70%, 870 students, 54% FRL) — zoned schools average 70% FRL vs 49% district-wide (20 pts higher); higher-poverty schools than district average — tighter screening recommended.
• Zoned-school proficiency averages 25% at this address vs 46% district-wide (-21 pts) — the specific schools serving this property underperform the Duval average; the district grade overstates school quality for this exact location.
• Market conditions: Rents flat; 194 active listings in the ZIP; 40 comparable units currently listed for rent nearby; rentals at typical pace (median 17d 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).
• This rent runs 39% of the median local income ($39k/yr) — at the standard rent-burdened threshold; future hikes will face affordability resistance.

Forward outlook

• Local home prices are declining (-3.0%/yr); year-one equity from $519 of loan paydown is wiped out by about $2k 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.
• At projected returns (-3.0% appreciation + 0.9% rent growth), your $21k cash investment doubles in ~5 years — after that, you're playing with house money.

Negotiation context

• It's been on market 35 days — a 3% lower offer ($73k) is reasonable based on typical stale-listing flexibility.
• 4 sale attempts since 8y ago; this cycle's ask has dropped $25k (25%) from the opening price — seller is motivated, your offer sets the floor, not the list.

Risks & watch-outs

• Watch-outs: built in 1944 — expect roof / HVAC / electrical / plumbing capex.

Recommended offer $72,750 (3.0% below list)

Questions for the listing agent

1. It's been on market 35 days. Have you received any prior offers? Is the seller open to a 3% concession, seller financing, or rate buy-down credit?
2. Built in 1944 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
3. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
4. 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?
5. 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.
6. 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.
7. 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: 1.70% ✓
• Cap rate: 14.44%
• Cash-on-cash: 29.10%
• DSCR: 2.29
• GRM: 4.9

CMA / ARV

• ARV (on-the-fly): $125,000
• Comps found: 12

Show comp detail 12 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
2147 Blair St	0.09mi	3/1.0	1,002 (+0%)	8mo	$125,000	$125	89
2131 Thelma St	0.10mi	2/1.0 (-1)	928 (-7%)	4mo	$107,500	$116	75
2110 Blair St	0.08mi	3/1.0	884 (-12%)	13mo	$83,000	$94	66
1618 E 20th St	0.50mi	3/1.0	1,016 (+2%)	12mo	$50,500	$50	64
1451 Joseph St	0.48mi	3/2.0	948 (-5%)	5mo	$120,000	$127	61
1439 Joseph St	0.49mi	3/2.0	948 (-5%)	5mo	$120,000	$127	60
1928 Brackland St	0.33mi	3/2.0	1,094 (+9%)	7mo	$175,000	$160	59
1525 E 15th St	0.36mi	3/2.0	1,116 (+12%)	9mo	$140,000	$125	52
1620 E 22nd St	0.57mi	2/2.5 (-1)	1,022 (+2%)	10mo	$205,020	$201	51
1143 E 12th St	0.67mi	3/1.0	1,128 (+13%)	1mo	$97,000	$86	47
1124 E 14th St	0.70mi	3/1.0	1,086 (+9%)	10mo	$149,900	$138	45
1202 E 14th St	0.60mi	2/1.0 (-1)	904 (-10%)	11mo	$64,000	$71	42

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 · 0.94% rent growth · sell at horizon

5-year hold

• IRR: 21.2%
• Equity multiple: 1.84×
• Total profit: $17,694
• Equity at exit: $11,183

10-year hold

• IRR: 27.9%
• Equity multiple: 3.24×
• Total profit: $46,987
• Equity at exit: $6,485

Cash invested: $21,000 (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 32206

• Home prices YoY: -23.7%
• Rents YoY: 0.9%
• Active inventory: 194
• Price-to-rent: 4.9×

Monthly cashflow live

• Estimated rent: $1,278 high
• Mortgage (P&I): −$393
• Tax from tax record: −$76 /mo · $906/yr
• Insurance: −$31
• HOA: −$0
• Vacancy / Maint / Mgmt: −$268
• Net cashflow: $509

Break-even live

Break-even rent $633

Max offer price $75,000

Occupancy floor 55%

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: $18,750
• Closing costs: $2,250
• Reserves months: —
• Total cash needed: —

Rent comps 40 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
2125 Lambert St Jacksonville, FL	2.0	1.0	1040	$1,195	$1.15	4d	1	0.24mi
1617 E 14th St Jacksonville, FL	2.0	1.0	1124	$1,300	$1.16	23d	1	0.29mi
1976 Lambert St Jacksonville, FL	3.0	1.0	1012	$1,115	$1.10	23d	1	0.34mi
1715 Brackland St Jacksonville, FL	4.0	2.0	1175	$1,425	$1.21	14d	1	0.48mi
1726 Buckman St Jacksonville, FL	2.0	1.0	1166	$1,075	$0.92	7d	1	0.49mi
1782 E 24th St Jacksonville, FL	2.0	1.0	759	$875	$1.15	1d	1	0.60mi
3303 Jones St Jacksonville, FL	2.0	1.0	840	$1,000	$1.19	23d	1	0.61mi
3303 Jones St Jacksonville, FL	2.0	1.0	840	$1,000	$1.19	4d	1	0.61mi
1164 E 16th St Jacksonville, FL	2.0	1.0	750	$1,000	$1.33	7d	2	0.65mi
1823 E 25th St Jacksonville, FL	3.0	1.0	1036	$1,250	$1.21	23d	1	0.67mi
1882 E 27th St Jacksonville, FL	3.0	2.0	1174	$1,098	$0.94	7d	1	0.69mi
1010 E 13th St Jacksonville, FL	3.0	2.0	1220	$1,275	$1.05	14d	1	0.84mi
3403 Phoenix Ave Jacksonville, FL	3.0	1.0	1002	$995	$0.99	7d	1	0.94mi
1361 Bridier St Apt 2 Jacksonville, FL	2.0	1.0	700	$935	$1.34	12d	1	0.94mi
1125 E 24th St Jacksonville, FL	2.0	1.0	914	$600	$0.66	17d	1	0.94mi
1115 E 5th St Jacksonville, FL	3.0	2.0	1175	$1,450	$1.23	23d	1	0.94mi
1305 E 30th St Jacksonville, FL	2.0	1.0	859	$1,150	$1.34	23d	1	0.97mi
1364 Harrison St Jacksonville, FL	2.0	1.0	725	$900	$1.24	23d	2	1.05mi
1529 Spearing St Jacksonville, FL	3.0	2.0	1077	$1,425	$1.32	4d	1	1.06mi
706 E 5th St Jacksonville, FL	3.0	2.5	1284	$1,436	$1.12	23d	1	1.09mi
1362 Florida Ave Jacksonville, FL	3.0	2.0	1000	$1,268	$1.27	3d	1	1.11mi
2514 Walnut St Unit 2520 Jacksonville, FL	2.0	1.0	1119	$1,100	$0.98	23d	1	1.14mi
1736 Ionia St Jacksonville, FL	2.0	1.0	1036	$1,650	$1.59	17d	1	1.14mi
435 Springfield Ct N Jacksonville, FL	2.0	1.0	950	$1,100	$1.16	23d	1	1.14mi
1926 Walnut St Jacksonville, FL	3.0	2.0	1338	$1,418	$1.06	14d	1	1.15mi
1143 Van Buren St Jacksonville, FL	3.0	2.0	1230	$1,421	$1.16	16d	1	1.18mi
1128 Van Buren St Unit 1 Jacksonville, FL	2.0	1.0	744	$1,000	$1.34	23d	1	1.21mi
318 E 19th St Jacksonville, FL	2.0	1.0	1096	$895	$0.82	23d	1	1.21mi
609 E 30th St Jacksonville, FL	2.0	2.0	818	$1,138	$1.39	23d	1	1.23mi
1353 Palmetto St Jacksonville, FL	3.0	2.0	1000	$1,330	$1.33	23d	1	1.24mi
720 E 3rd St Jacksonville, FL	3.0	1.0	1076	$1,075	$1.00	23d	1	1.24mi
2210 Shepard St Jacksonville, FL	2.0	1.0	987	$1,695	$1.72	21d	1	1.28mi
1131 Phelps St Jacksonville, FL	3.0	1.0	1120	$895	$0.80	23d	1	1.31mi
1130 Spearing St Jacksonville, FL	3.0	1.0	1320	$1,400	$1.06	20d	1	1.32mi
1109 Phelps St Jacksonville, FL	3.0	1.0	1120	$850	$0.76	7d	1	1.33mi
3747 Peachtree St Jacksonville, FL	3.0	2.0	1082	$1,410	$1.30	4d	1	1.34mi
1226 Clark St Jacksonville, FL	2.0	1.0	966	$1,175	$1.22	23d	1	1.39mi
443 E 3rd St Jacksonville, FL	2.0	2.0	1008	$1,750	$1.74	16d	1	1.39mi
55 E 9th St Jacksonville, FL	3.0	1.5	1246	$1,675	$1.34	14d	1	1.42mi
1049 Pippin St Unit B Jacksonville, FL	2.0	1.0	800	$1,200	$1.50	7d	1	1.48mi

Listing history 25 events

1. 2026-06-18
   days on market $75,000 Active 35 DOM
2. 2026-06-17
   days on market $75,000 Active 34 DOM
3. 2026-06-16
   days on market $75,000 Active 33 DOM
4. 2026-06-15
   pricedays on market $75,000 Active 32 DOM
5. 2026-06-13
   days on market $94,900 Active 29 DOM
6. 2026-06-10
   days on market $94,900 Active 26 DOM
7. 2026-06-08
   days on market $94,900 Active 25 DOM
8. 2026-06-07
   days on market $94,900 Active 24 DOM
9. 2026-06-05
   days on market $94,900 Active 21 DOM
10. 2026-06-03
    days on market $94,900 Active 20 DOM
11. 2026-06-02
    days on market $94,900 Active 19 DOM
12. 2026-06-01
    days on market $94,900 Active 18 DOM
13. 2026-05-31
    days on market $94,900 Active 17 DOM
14. 2026-05-16
    price $94,900
15. 2026-05-14
    listed $99,900 Active
16. 2018-09-21
    soldstatus $68,000
17. 2018-09-14
    soldstatus $68,000 300-char remark

    Show marketing remark (300 chars)

    Here's your chance to own this charming remodeled 3 bedroom home with 1 car garage and workshop. Suitable for a growing family or an investor looking for a cash flowing opportunity. New roof, AC, plumbing and sewer with updated bathroom and kitchen. Don't hesitate, come by and see this beauty today.

18. 2018-09-14
    soldstatus $68,000 Closed

    Show marketing remark (300 chars)

    Here's your chance to own this charming remodeled 3 bedroom home with 1 car garage and workshop. Suitable for a growing family or an investor looking for a cash flowing opportunity. New roof, AC, plumbing and sewer with updated bathroom and kitchen. Don't hesitate, come by and see this beauty today.

19. 2018-09-14
    soldstatus $68,000 Sold

    Show marketing remark (300 chars)

    Here's your chance to own this charming remodeled 3 bedroom home with 1 car garage and workshop. Suitable for a growing family or an investor looking for a cash flowing opportunity. New roof, AC, plumbing and sewer with updated bathroom and kitchen. Don't hesitate, come by and see this beauty today.

20. 2018-07-26
    status Pending
21. 2018-07-26
    status Pending
22. 2018-07-19
    listed $69,900 300-char remark

    Show marketing remark (300 chars)

    Here's your chance to own this charming remodeled 3 bedroom home with 1 car garage and workshop. Suitable for a growing family or an investor looking for a cash flowing opportunity. New roof, AC, plumbing and sewer with updated bathroom and kitchen. Don't hesitate, come by and see this beauty today.

23. 2018-07-19
    listed $69,900 Active

    Show marketing remark (300 chars)

    Here's your chance to own this charming remodeled 3 bedroom home with 1 car garage and workshop. Suitable for a growing family or an investor looking for a cash flowing opportunity. New roof, AC, plumbing and sewer with updated bathroom and kitchen. Don't hesitate, come by and see this beauty today.

24. 2018-07-10
    listed $69,900 Active
25. 2001-05-04
    soldstatus $27,900

ⓘ 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: $906 · $76/mo
• Projected year-2 tax: $906 · $76/mo
• Expected delta: $0/yr ($0/mo · -0.0%)

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

Taxation est. · year 1

• Rental income: $15,331
• − Mortgage interest: −$4,201
• − Property taxes: −$906
• − Insurance: −$375
• − Repairs & maintenance: −$1,226
• − Management: −$1,226
• − Depreciation: −$2,182
• Taxable income: $5,214
• Est. tax owed @ 24.0%: −$1,251
• After-tax cash flow: $4,859/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): 17,105
• Household income: $39,242
• Rent vs Own: 53.7% rent · 46.3% own
• Severe rent burden: 1057.0

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 (65%)
• Race & ethnicity: Black 65% White 22% Two or more races 8% Hispanic / Latino 6%
• Hispanic origin (detail): Mexican 1% Puerto Rican 2%
• Common ancestry: Italian 2% Romanian 1% Slovak 1%
• Foreign-born: 5% · Canada
• Languages at home: 93% English-only · Spanish 3% Arabic 1% German/W. Germanic 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: ▼ -64.55%
• Current HPI: 208.1852
• Rent YoY: ▲ 0.94%
• 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

+240.1% since first listed

12 events — show timeline

• 2026-05-16 Price Changed $94,900 realMLS
• 2026-05-14 Listed $99,900 realMLS
• 2018-09-21 Sold (Public Records) $68,000 Public Records
• 2018-09-14 Sold (MLS) $68,000 realMLS
• 2018-09-14 Sold (MLS) $68,000 Daytona MLS
• 2018-09-14 Sold (MLS) $68,000 Stellar MLS as Distributed by MLS Grid
• 2018-07-26 Pending — Daytona MLS
• 2018-07-26 Pending — realMLS
• 2018-07-19 Listed $69,900 Daytona MLS
• 2018-07-19 Listed $69,900 Stellar MLS as Distributed by MLS Grid
• 2018-07-10 Listed $69,900 realMLS
• 2001-05-04 Sold (Public Records) $27,900 Public Records

Property tax history

+6.3%/yr

Latest (2025): $906 · +24.8% YoY. Source: county tax records.