$99,000

1503 Mount Herman St Jacksonville, FL 32209

College Gardens/Mid-West Neighborhood

Estimated payment $677/month

Total Views 1,391
3 Beds
1 Bath
834 Sq Ft
$119 Price per Sq Ft

Highlights

  • Bungalow
  • 1-Story Property
  • 4-minute walk to Malivai Washington Youth Center
  • Heat Pump System

About This Home

Cash-Flowing Investment Opportunity - 18%+ Gross Yield Here's your chance to add a turnkey, income-producing property to your portfolio. Located at 1503 Mt. Herman St., Jacksonville, FL 32209, this renovated 3-bedroom, 1-bath single-family home is already leased for $1,500 per month, providing immediate cash flow from day one. Offered at just $99,000, this property generates $18,000 in annual gross rental income, equating to an impressive 18.18% gross rental yield and a 6.6 Gross Rent Multiplier (GRM). Opportunities with this level of income potential are becoming increasingly difficult to find. Investment Highlights * Asking Price: $99,000 * Renovated Single-Family Home * 3 Bedrooms | 1 Bathroom * Tenant in Place Paying $1,500/Month * Annual Gross Income: $18,000 * Gross Rental Yield: 18.18% * GRM: 6.6 * Immediate Cash Flow - No Vacancy to Fill Whether you're looking to grow your rental portfolio, complete a 1031 exchange, or purchase your first investment property, this is an excellent opportunity to acquire a performing asset at an attractive price. Contact Listing Broker, for additional financial information or to schedule a showing.

Listing Agent

Randy Wiggins

Platinum Harbor Listed on: 07/15/2026

Home Details

Home Type

  • Single Family

Home Design

  • Bungalow

Interior Spaces

  • 834 Sq Ft Home
  • 1-Story Property
  • Oven

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Utilities

  • Heat Pump System

Community Details

  • Mid Westside Community

Home Details

Home Type

Single Family

Lot Details

3,485 Sq Ft Lot

Listing Details

  • HamletID: 0
  • HeatFuelElectric: Yes
  • HeatTypePump: Yes
  • LandRentAmount: 0
  • Number Of Stories: 1
  • PercentageOfTaxThatIsDeductable: 0
  • PropertyCity: Jacksonville
  • Prop. Type: House (Detached)
  • Renovation Year: 0
  • ResidentialStyle: Bungalow
  • SForSaleAndRForRental: S
  • USStateAbbreviation: FL
  • WaterSourceType: Municipal
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • ApplianceOven: Yes
  • ApplianceRefrigerator: Yes
  • Fireplaces: 0
  • AboveArea Sq Ft: 834

Garage/Parking

  • AttachedParking: 0
  • Numberof Garage Spaces: 0

Utilities

  • Sewer Type: Municipal

Condo/Co-op/Association

  • HOA Fees: 0
  • Units in Building: 0

Lot Info

  • Number Of Lots: 0

Multi Family

  • Unit Number of Bedrooms: 3
  • Total Taxes: 0

Tax Info

  • Tax Year: 0

Map

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2026 $1,595 $74,074
2025 $1,275 $61,123 $7,009 $54,114
2024 $1,275 $61,219 $7,009 $54,210
2023 $1,281 $63,825 $7,009 $56,816
2022 $1,106 $54,292 $3,987 $50,305
2021 $709 $30,626 $3,738 $26,888
2020 $672 $29,040 $3,115 $25,925
2019 $645 $28,196 $5,763 $22,433
2018 $587 $22,476 $576 $21,900
2017 $583 $22,032 $514 $21,518
2016 $766 $31,469 $0 $0
2015 $735 $29,266 $0 $0
2014 $703 $27,285 $0 $0
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft Prior Sale
07/15/2026 07/15/26 For Sale $99,000 +65.0% $119 / Sq Ft
12/17/2023 12/17/23 Off Market $60,000 -- --
12/20/2021 12/20/21 Sold $60,000 -20.0% $72 / Sq Ft View Prior Sale
12/18/2021 12/18/21 Pending -- -- --
11/30/2021 11/30/21 For Sale $75,000 -- $90 / Sq Ft
Source: My State MLS

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Type Sale Price Title Company
Warranty Deed $60,000 All Florida Title Services
Corporate Deed $16,000 All Florida Title Services I
Trustee Deed -- --
Trustee Deed -- --
Warranty Deed $53,000 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Loan Amount Loan Type
Open $90,000 New Conventional
Previous Owner $33,450 Unknown
Previous Owner $15,000 Stand Alone Second
Previous Owner $31,800 No Value Available
Source: Public Records

Source: My State MLS

MLS Number: 11887140

APN: 054528-0010

Florida Duval County Jacksonville 32209 College Gardens/Mid-West

1503 Mount Herman St, Jacksonville, FL

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

Nearby Homes
Randy Wiggins
Listing Agent
Randy Wiggins
Section Image
Platinum Harbor
(904) 892-6989
Your Personal Tour Guide

Ask me questions while you tour the home.