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1129 Grothe St, Jacksonville, FL, 32209

7beds
4baths
3,160sqft
$195,000
$62price/sqft
$1,724/moest. monthly cost
$68,960/yrincome needed

About This Home

Investment Opportunity: Income producing Duplex in Jacksonville, FL. Total Building Size: 3,770 sq ft | Effective Gross Area: 3,274 sq ft. Unit Breakdown: Unit 1129 (Upstairs): 4 Bed / 2 Bath Approx. 1,600 sq ft Currently rented for $1,150/month. Unit 1131 (Downstairs): 3 Bed / 2 Bath Approx. 1,600 sq ft Vacant, market rent $1,250/month. Monthly Income Potential: $2,300/month. Recent Upgrades: New roof installed in 2024, new A/C unit for downstairs and updated flooring and repairs in upstairs unit. Additional Features: Separate water and electric meters for each unit, washer and dryer hookups in both units, central heating with wall units upstairs. Just 15 minutes from downtown Jacksonville and No seller or creative financing options available. OPEN HOUSE DATES: 7/25 & 7/26 from 11:00 A.M -1:00 P.M.

Getting Around

57
WalkingSomewhat Walkable
45
TransitSome Transit
65
BikeBikeable

Schools

5/10
John E. Ford K-8 SchoolGrades PK-80.3 mi
3/10
4/10
Lake Shore Middle SchoolGrades 6-85.7 mi

Construction

Condition

  • Year built: 1915

Materials

  • Roof: Curved/S-Tile Roof
  • Construction materials: CBS Construction

Type & Style

  • Home type: MultiFamily
  • Property subType: Duplex

Interior

Bedrooms & Bathrooms

  • Bedrooms: 7
  • Bathrooms: 4

Features

  • Flooring: Tile

Heating & Cooling

  • Heating features: Central
  • Cooling features: Central Air

Interior Area

  • Total structure area: 3,770
  • Total interior livable area: 3,160 sqft

Property

Details

  • Parcel number: 0538030000
  • Zoning: RMD-B

Features

  • Stories: 2

Lot

  • Features: Less Than 1/4 Acre Lot

Parking

  • Total spaces: 2

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Cold Wave
    Cold WaveModerate
  • Hail
    HailModerate
  • Hurricane
    HurricaneModerate
  • Heat Wave
    Heat WaveModerate
  • Inland Flooding
    Inland FloodingModerate
  • Tsunami
    TsunamiInsufficient Data

How This Home’s Risks Compare

Cold Wave
Hail
Hurricane
Heat Wave
Inland Flooding
Tsunami

FEMA Declared Disasters in Duval County and Florida

Coastal Storm
Flood
Hurricane
Severe Storm
Straight Line Winds
Tornado
Tropical Depression
Tropical Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $986$11,832
Home Insurance *$299$3,588
Property Taxes $121$1,452
Electricity $318$3,816
Total$1,724$20,688
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$59,108/yr
40% on housing$51,720/yr
45% on housing$45,973/yr

Florida FAIR Plan Programs

Citizens Property Insurance Corporation [Florida]

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →
Current Policies
Residential: 1,321,953Commercial: 13,564
Total Premiums$4.60B
Total Exposure$385.82B

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 15.1%
15.1%
0%30.0%
Electricity Growth Rate10-year average: 2.2%
2.2%
0%15.0%
Property Taxes Growth Rate2-year average: 2.5%
2.5%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$62This listing

vs Other Active Listings

Avg $/sqft

ZIP 32209$71
Duval County$187

vs Homes Sold Last Month

Median $/sqft

ZIP 32209$125
Duval County$179

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-07-23Price change$195,000
2026-03-26Price change$250,000
2026-02-11Price change$255,000
2025-11-03Price change$260,000
2025-09-30Listed for sale$265,000
2025-09-26Listing removed$240,000
2025-06-27Price change$240,000
2025-03-15Listed for sale$260,000
2025-03-13Listing removed$265,000
2025-01-28Price change$265,000
2025-01-02Price change$279,000
2024-12-04Listed for sale$295,000
2023-04-17Sold$135,000
2023-03-31Pending sale$180,770
2023-02-15Listed for sale$180,770
2022-12-28Listing removed--
2022-12-22Price change$975
2022-12-08Listed for rent$1,195
2019-09-27Sold$65,000
2006-11-17Sold$110,000
2006-07-27Sold$45,000
1994-08-19Sold$38,428

For Sale by Agent

AgentJessica Paulo
BrokerageMari Real Estate & Management Group, Inc

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