2514 Walnut Street

Jacksonville, FL 32206

$500,000
Price
Beds
4
Baths
4,476 Sq. Ft.
$112 / Sq. Ft.
4,476
Sq. Ft.
$112
per Sq. Ft.

Description

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...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!
  1. Listed by JOEL DAVIS • TRADITIONS REALTY LLC
    P: (904)-607-4090 Joel.TraditionsJax@gmail.com

Property Details for 2514 Walnut Street

Subdivision Name
Springfield
LISTING UPDATED: 11/14/2024 07:35 AM

Property Details for 2514 Walnut Street

StatusActive
MLS #2047421
Days on Market65
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income / Quadruplex
Year Built1924
Lot Size0.12 AC / 5,227 SF
CountyDuval County

Building Information for 2514 Walnut Street

Stories-Residences4Year Built1924Building Size-Lot Size0.12 AC / 5,227 SF

Property Information for 2514 Walnut Street

Summary
Location and General Information
  • Country: US
  • 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
  • MLS Area Major: 076-Downtown Jacksonville-Eastside
  • City: Jacksonville
  • State: FL
  • Postal Code: 32206
  • County: Duval
  • Latitude: 30.353322
  • Longitude: -81.647836
  • MLS Area Minor: 076-Downtown Jacksonville-Eastside
Taxes and HOA Information
  • Parcel Number: 0448670000
  • Tax Legal Description: 2-69 01-2S-26E .12 NEW SPRINGFIELD LOT 2 BLK 40 PT
  • Association Fee: $.00
  • General Property Information: CDD Fee YN: No
Parking
  • Carport YN: false
  • Garage YN: No
  • Parking Features: Off Street
  • Attached Garage: No
  • General Property Information: Garage YN: No
  • General Property Information: Carport YN: No
  • Parking Features: Off Street: Yes
Property
Lot Information
  • Lot Features: Other
  • Lot Size Acres: 0.12
  • Living Area: 4476.0
  • Lot Size Area: 0.12
  • Lot Size Units: Acres
  • Lot Size Square Feet: 5227.2
Property and Assessments
  • Current Use: Multi-Family, Residential
  • New Construction YN: No
  • Year Built: 1924
  • MLS Approval Status: Yes
  • General Property Information: Lot Size Acres: 0.12
  • General Property Information: Bathrooms Half: 0.0
  • General Property Information: Living Area: 4476.0
  • General Property Information: Number Of Units Total: 4.0
  • General Property Information: New Construction YN: No
  • General Property Information: List Price/SqFt: 111.71
  • Lot Features: Other: Yes
Utilities
  • Utilities: Electricity Connected: Yes
  • Utilities: Sewer Connected: Yes
  • Utilities: Water Connected: Yes
Interior and Exterior Features
Exterior Features
  • Pool Features: None
  • Pool Features: None: Yes
Interior Features
  • Cooling: Central Air
  • Heating: Central
  • Bathrooms Total (Integer): 4
  • Bathrooms Total (Decimal): 4.0
  • Bathrooms Total (Notational): 4.0
  • Cooling: Yes
  • Heating: Yes
  • Cooling: Central Air: Yes
  • Heating: Central: Yes
Multi Family
Multi Family Information
  • Number of Units: 4
Income & Expenses
  • Gross Income: $48,240
  • Income and Expenses: Gross Income: 48240.0
Unit 1
  • Unit 1 Details: Unit ID: 2514
  • Unit 1 Details: Actual Rent: 985.0
  • Unit 1 Details: Unit SqFt: 1100.0
  • Unit 1 Details: Beds Total: 2.0
  • Unit 1 Details: Furnished: Unfurnished
  • Unit 1 Details: Unit Remarks: Occupied
Unit 2
  • Unit 2 Details: Unit ID: 2516
  • Unit 2 Details: Actual Rent: 985.0
  • Unit 2 Details: Unit SqFt: 1100.0
  • Unit 2 Details: Beds Total: 2.0
  • Unit 2 Details: Furnished: Unfurnished
  • Unit 2 Details: Unit Remarks: Occupied
Unit 3
  • Unit 3 Details: Unit ID: 2518
  • Unit 3 Details: Actual Rent: 1025.0
  • Unit 3 Details: Unit SqFt: 1100.0
  • Unit 3 Details: Beds Total: 2.0
  • Unit 3 Details: Furnished: Unfurnished
  • Unit 3 Details: Unit Remarks: Occupid
Unit 4
  • Unit 4 Details: Unit ID: 2520
  • Unit 4 Details: Actual Rent: 1025.0
  • Unit 4 Details: Unit SqFt: 1100.0
  • Unit 4 Details: Beds Total: 2.0
  • Unit 4 Details: Furnished: Unfurnished
  • Unit 4 Details: Unit Remarks: Occupied
Agent
Showing and Remarks
  • Public Remarks: 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!
  • General Property Information: 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
  • General Property Information: Public Remarks: 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!
Rental
Rental Information
  • Utilities: Electricity Connected, Sewer Connected, Water Connected
  • Owner Pays: Other

Property History for 2514 Walnut Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 2514 Walnut Street

Taxable ValueLand$6,534Additions$320,226Total$326,760
Tax Record2023$6,592 ($549 / month)
Home Facts
Total Finished SqFt4,476 SqFtAbove Grade Finished SqFt4,476 SqFtStories2Lot Size5,300 SqFtStyleQuadraplexYear Built1924Year Renovated2013ZoningILCountyDUVALAPN044867-0000Fireplace TypeHas Fireplace

Schools near 2514 Walnut Street

This home is within Duval County Public Schools.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 8
Public - 9 to 12
Public - 6 to 8
Rating
School
Distance
Andrew A. Robinson Elementary School
PublicPK to 5

Matthew W. Gilbert Middle School
Public6 to 8

William M. Raines High School
Public9 to 12

Kirby-Smith Middle School
Public6 to 8

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

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2514 Walnut Street is a multi-family home for sale in Jacksonville, FL 32206. This property was listed for sale on September 13, 2024 by TRADITIONS REALTY LLC, it's currently listed at $500,000. It has been on the market for a total of 65 days and was last sold on June 8, 2022. This listing's school district is Duval County Public Schools. Nearby schools include Andrew A. Robinson Elementary School, Matthew W. Gilbert Middle School and William M. Raines High School. 2514 Walnut Street is a 0-bed, 4-bath, 4,476 sqft multi-family home built in 1924.

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Listing Courtesy of TRADITIONS REALTY LLC

Based on information from one of the following Multiple Listing Services: Pensacola Association of REALTORS®, Amelia Island Nassau County Association of REALTORS and NEFMLS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by Pensacola Association of REALTORS®, Amelia Island Nassau County Association of REALTORS and NEFMLS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.