Kari Sullivan
REALTOR® | Luxury Property Specialist
Phone: (123) 456-7890
Email: kari@example.com
Web: KariSullivan.com
239 E 16TH Street, Jacksonville, FL 32206
New Springfield
$399,000
$144/sq ft
Active Under Contract
About This Home
4-unit multifamily asset located on a quiet residential street in Springfield. Each unit features 2 bedrooms and 1 bathroom, with in-unit laundry, offering a highly desirable layout for long-term tenants. Concrete block construction provides durability, lower maintenance, and strong long-term performance.
Major capital improvements already completed, including roof replacement (2019), partial replumb (2019), and electrical updates (2020). Property includes a shared backyard, adding tenant appeal. Each unit is separately metered for both electricity and water.
This asset presents clear value-add opportunities to maximize rents through interior updates. Ideal for investors seeking a stabilized property with upside in a strong rental corridor close to downtown, Riverside, and major employment centers.
A solid addition to any multifamily portfolio with immediate income and long-term appreciation potential.
Major capital improvements already completed, including roof replacement (2019), partial replumb (2019), and electrical updates (2020). Property includes a shared backyard, adding tenant appeal. Each unit is separately metered for both electricity and water.
This asset presents clear value-add opportunities to maximize rents through interior updates. Ideal for investors seeking a stabilized property with upside in a strong rental corridor close to downtown, Riverside, and major employment centers.
A solid addition to any multifamily portfolio with immediate income and long-term appreciation potential.
Location
Features & Amenities
Interior Features
- Electric Range
- Microwave
- Refrigerator
- Washer/Dryer Stacked
Exterior Features
- Other
- On Street
- Shared Driveway
Property Details
Property Type:
Quadruplex
Year Built:
1961
Lot Size:
0.12 Acres (5,227 sq ft)
Stories:
1
Property Tax (2025):
$6,237/year
MLS #:
2124285
Utilities:
Electricity Connected, Separate Electric Meters, Separate Water Meters, Sewer Connected, Water Connected
