$140,000Asking price
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Works for a flipper up to $149,000.
ONWARD VENTURES RE LLC
Drew Whitman
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ARV $200,000
The sales behind this value are shown to members.
PRICE: $140,000
PROPERTY DETAILS
• Type: Duplex (2821 and 2823)
• Layout: 2 units, each 2 bed / 1 bath (4 bed / 2 bath total)
• Square Feet: 1,280
• Stories: Single story
• Year Built: 1957
• Lot: 0.20 acre (8,776 sq ft)
• Neighborhood: Paxon
• Construction: Block
• Electric range and refrigerator in each unit
• Concrete driveway with off-street parking
• Mature trees
• Near major roads and transit
PROPERTY OVERVIEW
Two-unit duplex in Jacksonville's Paxon area, block construction. 2821 is vacant; 2823 is rented at $1,500/mo on a yearly lease. Sold as is for cash.
CONDITION AND UPDATES
• Interior, kitchens, baths, plumbing, electrical and foundation: verify at walkthrough
• Roof age uncertain (seller estimates about 15 years); verify at walkthrough
• No central HVAC; window units
INVESTMENT POTENTIAL
• Current rent: $1,500/mo on the occupied unit (yearly lease)
• Estimated ARV: around $200,000 after renovation (estimate, not an appraisal)
• Hold both units as rentals, or renovate the vacant unit first and lease it up
COMPARABLE SALES
• 2831 W 6th St (identical duplex next door): sold $165,000 on 4/29/2025
• 3312 Lowell Ave (duplex, 1,326 sq ft, 4/2): sold $173,000 on 9/18/2025
ACCESS AND NEXT STEPS
• Access: Vacant unit on lockbox, showings available; occupied unit by 24-hour notice
• Terms: $5,000 EMD, close ASAP or by 11/20
• Cash or hard money. Buyer to do their own due diligence. Sold as is
Message or call for photos, access and walkthrough times.
CONTACT
Drew Whitman, Elevate Properties
304-380-6154 | drew@elevatebuyers.com
Figures from the seller unless a line says otherwise. Verify before you close.
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