1372 Bridier St · Jacksonville, FL 32206

$99,000

4 bd · 2.0 ba · 1,494 sqft · MultiFamily public records · 42 Days on market

Built 1914 3,049 sqft lot

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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
• 1% rule +10.0/10.0
• DSCR +10.0/10.0
• ARV discount +7.5/15.0
• 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

Multi-family units

County records classify this as Multi-Family (5+ Unit). Listing-text estimate: 1 unit. estimate disagrees with records

5+ unit building — per-unit beds/baths from public records are typically unavailable; the breakdown below (if shown) is an estimate from the listing text.

Listing remarks

Prime opportunity for investors or hands-on buyers! This duplex in an up-and-coming neighborhood offers huge upside potential just minutes from downtown and the stadium. Both units need significant updates, making this a perfect project for someone ready to renovate and maximize value. Each unit is a 2 bedroom/ 1 Bath. New Roof in 2021, and extensive work on the interior, including the flooring, but not completed.

Key facts

• Flooring
• Duplex
• New roof

Tags

• DUPLEX
• UP-AND-COMING NEIGHBORHOOD
• HUGE UPSIDE POTENTIAL
• NEW ROOF
• EXTENSIVE WORK ON THE INTERIOR
• FLOORING

Property features AI

Exterior

• Parking: On-street parking (unassigned)
• Utilities: Public sewer; Cable available; Electricity available; Sewer available; Water available
• Home design: Single Family Residence
• Construction: Shingle roof
• Exterior features: Back yard fencing; Shingle roof; Faces west; Entry level is 1; One level; Used as mixed use / multi-family

Interior

• Kitchen: No standard appliances listed
• Bedrooms: 4 bedrooms
• Flooring: Wood
• Bathrooms: 2 full bathrooms
• Heating & cooling: Central heating; Multi-unit cooling
• Interior features: Wood flooring; Unfurnished
• Laundry & utility: No laundry appliances listed

What this means for you Summary

Snapshot

• This is a 4-bed/2.0-bath multifamily listed at $99k.

Deal economics

• At list price, monthly cash flow is $985 ($12k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($2k rent vs $99k).
• Recommended offer: $96k (3.0% below list) — sets the bar for market timing.
• Cap rate 18.2% 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 flat; 194 active listings in the ZIP; 30 comparable units currently listed for rent nearby; rentals at typical pace (median 16d 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 $2,105/mo this rent would consume 64% of the median local household income ($39k/yr) (locally 1057% 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 $684 of loan paydown is wiped out by about $3k 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 $28k cash investment doubles in ~3 years — after that, you're playing with house money.

Negotiation context

• It's been on market 42 days — a 3% lower offer ($96k) is reasonable based on typical stale-listing flexibility.

Risks & watch-outs

• Watch-outs: built in 1914 — 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 $96,030 (3.0% below list)

Questions for the listing agent

1. It's been on market 42 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 1914 — 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 apartment / multifamily construction is in the pipeline within 1–3 miles? Heavy new supply (>2% of stock underway) typically softens rents 12–24 months out; light construction supports rent growth.

Investment metrics

• 1% rule: 2.13% ✓
• Cap rate: 18.23%
• Cash-on-cash: 42.62%
• DSCR: 2.90
• GRM: 3.9

CMA / ARV

No comps found within radius.

Projected returns pro-forma

-3.0% appreciation · 0.94% rent growth · sell at horizon

5-year hold

• IRR: 37.0%
• Equity multiple: 2.53×
• Total profit: $42,421
• Equity at exit: $14,761

10-year hold

• IRR: 42.6%
• Equity multiple: 4.64×
• Total profit: $100,971
• Equity at exit: $8,560

Cash invested: $27,720 (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: 7.8×

Monthly cashflow live

• Estimated rent: $2,105 high
• Mortgage (P&I): −$519
• Tax from tax record: −$118 /mo · $1,415/yr
• Insurance: −$41
• HOA: −$0
• Vacancy / Maint / Mgmt: −$442
• Net cashflow: $985

Break-even live

Break-even rent $859

Max offer price $99,000

Occupancy floor 48%

2-unit breakdown (identical units grouped — click to expand)

Units	Beds	Baths	Est. rent
▸ 2× units	2	1	$2,106
Total (2 units)			$2,105

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: $24,750
• Closing costs: $2,970
• Reserves months: —
• Total cash needed: —

Rent comps 30 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
1115 E 5th St Jacksonville, FL	3.0	2.0	1175	$1,450	$1.23	23d	1	0.23mi
1143 Van Buren St Jacksonville, FL	3.0	2.0	1230	$1,421	$1.16	16d	1	0.25mi
1362 Florida Ave Jacksonville, FL	3.0	2.0	1000	$1,268	$1.27	3d	1	0.26mi
720 E 3rd St Jacksonville, FL	3.0	1.0	1076	$1,075	$1.00	23d	1	0.35mi
706 E 5th St Jacksonville, FL	3.0	2.5	1284	$1,436	$1.12	23d	1	0.37mi
1131 Phelps St Jacksonville, FL	3.0	1.0	1120	$895	$0.80	23d	1	0.40mi
1529 Spearing St Jacksonville, FL	3.0	2.0	1077	$1,425	$1.32	4d	1	0.40mi
1353 Palmetto St Jacksonville, FL	3.0	2.0	1000	$1,330	$1.33	23d	1	0.41mi
1109 Phelps St Jacksonville, FL	3.0	1.0	1120	$850	$0.76	7d	1	0.41mi
1130 Spearing St Jacksonville, FL	3.0	1.0	1320	$1,400	$1.06	20d	1	0.43mi
1715 Brackland St Jacksonville, FL	4.0	2.0	1175	$1,425	$1.21	14d	1	0.51mi
1445 Ionia St Jacksonville, FL	4.0	2.0	1640	$1,799	$1.10	23d	1	0.51mi
1052 E 10th St Jacksonville, FL	3.0	2.0	1726	$1,725	$1.00	23d	1	0.58mi
1976 Lambert St Jacksonville, FL	3.0	1.0	1012	$1,115	$1.10	23d	1	0.61mi
424 Walnut Ct Jacksonville, FL	3.0	2.0	1530	$1,688	$1.10	14d	1	0.63mi
424 Walnut Ct Jacksonville, FL	3.0	2.0	1530	$1,688	$1.10	14d	1	0.63mi
1153 Walnut St #4 Jacksonville, FL	3.0	1.0	1170	$1,195	$1.02	12d	1	0.65mi
1153 Walnut St #4 Jacksonville, FL	3.0	1.0	1170	$1,195	$1.02	4d	1	0.65mi
1926 Walnut St Jacksonville, FL	3.0	2.0	1338	$1,418	$1.06	14d	1	0.77mi
1010 E 13th St Jacksonville, FL	3.0	2.0	1220	$1,275	$1.05	14d	1	0.83mi
700 E Union St Jacksonville, FL	1.0–3.0	1.0–2.0	1070	$3,185	$2.98	4d	63	0.85mi
55 E 9th St Jacksonville, FL	3.0	1.5	1246	$1,675	$1.34	14d	1	0.99mi
343 E Church St Jacksonville, FL	3.0	3.5	1530	$2,195	$1.43	3d	1	1.13mi
146 W 6th St Jacksonville, FL	3.0	1.0	1600	$1,475	$0.92	20d	1	1.15mi
1514 Silver St Jacksonville, FL	3.0	2.0	1726	$2,275	$1.32	23d	1	1.19mi
30 W 12th St Jacksonville, FL	4.0	3.0	1792	$2,580	$1.44	1d	1	1.23mi
138 E Duval St Jacksonville, FL	3.0	1.5	1450	$3,200	$2.21	23d	1	1.28mi
231 W 10th St Jacksonville, FL	3.0	1.0	1200	$1,500	$1.25	23d	1	1.33mi
3403 Phoenix Ave Jacksonville, FL	3.0	1.0	1002	$995	$0.99	7d	1	1.37mi
1823 E 25th St Jacksonville, FL	3.0	1.0	1036	$1,250	$1.21	23d	1	1.50mi

Listing history 14 events

1. 2026-06-18
   days on market $99,000 Active 42 DOM
2. 2026-06-17
   days on market $99,000 Active 41 DOM
3. 2026-06-16
   days on market $99,000 Active 40 DOM
4. 2026-06-15
   days on market $99,000 Active 39 DOM
5. 2026-06-13
   days on market $99,000 Active 36 DOM
6. 2026-06-10
   days on market $99,000 Active 33 DOM
7. 2026-06-08
   days on market $99,000 Active 32 DOM
8. 2026-06-07
   days on market $99,000 Active 31 DOM
9. 2026-06-05
   days on market $99,000 Active 28 DOM
10. 2026-06-03
    days on market $99,000 Active 27 DOM
11. 2026-06-02
    days on market $99,000 Active 26 DOM
12. 2026-06-01
    days on market $99,000 Active 25 DOM
13. 2026-05-31
    days on market $99,000 Active 24 DOM
14. 2026-05-07
    listed $99,000 Active

ⓘ 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: $1,415 · $118/mo
• Projected year-2 tax: $1,415 · $118/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 ≥106°F today · 20 d/yr by 30 yrs out
• 💨 Wind 9/10 Extreme 99% chance of damaging wind over 30 yrs
• 🫁 Air quality 4/10 Moderate 6 unhealthy d/yr today · 6 by 30 yrs out

Taxation est. · year 1

• Rental income: $25,260
• − Mortgage interest: −$5,546
• − Property taxes: −$1,415
• − Insurance: −$495
• − Repairs & maintenance: −$2,021
• − Management: −$2,021
• − Depreciation: −$2,880
• Taxable income: $10,883
• Est. tax owed @ 24.0%: −$2,612
• After-tax cash flow: $9,203/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

1 event — show timeline

• 2026-05-07 Listed $99,000 realMLS

Property tax history

+6.6%/yr

Latest (2025): $1,415 · +38.7% YoY. Source: county tax records.