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2514 Walnut Street

Jacksonville, FL 32206

8 beds
4 baths
4,476 sqft
5,227 sqft lot
$111 per sqft
1924 build
– on site

Don't miss this positive cash-flowing, fully occupied quadraplex in Jacksonville, FL! This investment property features four HUD-qualified units, allowing for higher-than-current rental income for qualified tenants. Four 2/1 units in total, all 1000+ sqft! Each unit is under a one-year lease, ensuring stable occupancy. The property boasts a new roof installed in May 2022, all units have received work, including refinished hardwood floors in two of the units. All units come equipped with their own washer and dryer, and partially new HVAC systems have been installed. The seller has made all necessary improvements for easy, low-maintenance ownership, allowing you to sit back and enjoy monthly rent checks. Major multi-use developments in the Phoenix Arts District are happening within just a couple of blocks promising a spike in value when completed!

Listing courtesy of NEFMLS / TRADITIONS REALTY LLC

Last checked: Checking… • Last updated Oct 23, 2024 •

MLS# 2047421 —

The Building

Year Built:

1924
New Construction:

false
Development Status:

None
Architectural Style:

None
Basement:

None
Foundation Details:

None
Building Features:

None
Window Features:

None
Patio And Porch Features:

None
Building Name:

None

Interior

Rooms Total:

None
Interior Features:

None
Fireplace:

No

Room Dimensions

Living Area:

4476.0
Living Area Units:

None

Financial & Terms

Possession:

Subject To Tenant Rights

Location

Directions:

From the Main St Bridge, take Ocean St north, take a left on State St, take a right onto Main, take a left onto 8th, take a left onto Market St, take a left on 15th St, take a left on Walnut St
Cross Street:

None
Latitude:

30.353322
Longitude:

-81.647836

The Property

Parcel Number:

0448670000
Property Type:

Residential Income
Property Subtype:

Quadruplex
Property Condition:

None
Property Attached:

No
Zoning:

None
Lot Features:

Other
Lot Size Acres:

0.12
Lot Size SqFt:

5227.2
Lot Size Area:

0.12
Lot Size Units:

Acres
Current Use:

Multi-Family, Residential
Possible Use:

None
Topography:

None
Additional Parcels:

No
Additional Parcels Description:

None
Land Lease:

No

Listing Agent

Contact info:

Taxes

Tax Year:

2023
Tax Legal Description:

2-69 01-2S-26E .12 NEW SPRINGFIELD LOT 2 BLK 40 PT
Tax Annual Amount:

6592.11

Beds

Bedrooms Total:

8

Baths

Total Baths:

4.0
Total Baths:

4
Full Baths:

4
Three Quarter Baths:

None
Partial Baths:

None
Quarter Baths:

None

The Listing

Virtual Tour URL Branded:

None

Heating & Cooling

Heating:

Central
Heating:

true
Cooling:

true
Cooling:

Central Air

Utilities

Utilities:

Electricity Connected, Sewer Connected, Water Connected

Schools

Elementary School District:

None
Middle Or Junior School District:

None

The Community

Subdivision Name:

Springfield
Pool Private:

No
Pool Features:

None
Water Body Name:

None
Pets Allowed:

None

Parking

Garage:

false
Attached Garage:

false
Carport:

false
Parking Features:

Off Street

Explore the Area

My Commute

From

Walk Score®

Provided by WalkScore® Inc.

Bike Score®

Provided by WalkScore® Inc.

Transit Score®

Provided by WalkScore® Inc.

Soundscore™

Provided by HowLoud

Sale history

Date	Event	Source	Price	% Change
9/13/24 Sep 13, 2024	Listed / Active	NEFMLS	$500,000	30.0% (13.2% / YR)
7/17/24 Jul 17, 2024	Listed / Active	NEFMLS
7/12/24 Jul 12, 2024	Sold Subject To Contingencies	NEFMLS

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This multifamily located in Phoenix, Jacksonville, FL 32206 is currently for sale for $500,000. 2514 Walnut Street is a 4,476 square foot multifamily with 8 beds and 4 baths that has been on Estately for 53 days. 2514 Walnut Street is in the Phoenix neighborhood of Jacksonville and has a WalkScore® of 43, making it car-dependent. This multifamily is in the attendance area of Matthew Gilbert Middle School, William M. Raines High School, and Andrew A. Robinson Elementary School.

Listing Courtesy of: NEFMLS and TRADITIONS REALTY LLC.

Based on information from the NORTHEAST FLORIDA MLS 2024. All information provided is deemed reliable but is not guaranteed and should be independently verified. NEFMLS, Estately and their affiliates provide the MLS and all content therein “AS IS” and without any warranty, express or implied. The information included in this listing is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The information on each listing is furnished by the owner and deemed reliable to the best of his/her knowledge, but should be verified by the purchaser. NEFMLS and Estately assume no responsibility for typographical errors, misprints or misinformation. This property is offered without respect to any protected classes in accordance with the law.