231 E 16th St Jacksonville, FL 32206
Springfield NeighborhoodEstimated payment $3,123/month
Highlights
- No HOA
- Central Heating and Cooling System
- 1-Story Property
- Tankless Water Heater
- Stacked Washer and Dryer
About This Home
Fully renovated quad in the heart of New Springfield--an ideal turnkey addition to any investor's portfolio. Each of the four units has been thoughtfully updated with all-new appliances, modern flooring, and brand-new windows, offering both style and efficiency. Major system upgrades include new gas-powered tankless water heaters, providing long-term reliability and reduced operating costs. All units are currently leased, delivering immediate, stable cash flow from day one. With no deferred maintenance and strong rental appeal in a growing area, this property offers a rare opportunity for investors seeking a low-maintenance, income-producing asset.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $5,449
Year Built
- Built in 1960
Lot Details
- 5,227 Sq Ft Lot
- Back Yard Fenced
Parking
- On-Street Parking
Home Design
- Quadruplex
- Block Exterior
Interior Spaces
- 2,762 Sq Ft Home
- 1-Story Property
Kitchen
- Electric Range
- Microwave
Bedrooms and Bathrooms
- 8 Bedrooms
- 4 Full Bathrooms
Laundry
- Laundry in unit
- Stacked Washer and Dryer
Utilities
- Central Heating and Cooling System
- Tankless Water Heater
Community Details
- No Home Owners Association
- New Springfield Subdivision
Listing and Financial Details
- Assessor Parcel Number 0447830000
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| 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 | $5,449 | $225,102 | $17,578 | $207,524 |
| 2025 | $4,762 | $227,433 | $17,578 | $209,855 |
| 2024 | $4,890 | $225,979 | $17,578 | $208,401 |
| 2023 | $4,890 | $231,980 | $12,238 | $219,742 |
| 2022 | $3,939 | $188,752 | $6,230 | $182,522 |
| 2021 | $976 | $14,460 | $6,230 | $8,230 |
| 2020 | $953 | $12,967 | $5,118 | $7,849 |
| 2019 | $940 | $12,023 | $4,672 | $7,351 |
| 2018 | $927 | $11,245 | $4,450 | $6,795 |
| 2017 | $903 | $9,769 | $3,560 | $6,209 |
| 2016 | $894 | $9,096 | $0 | $0 |
| 2015 | $1,843 | $59,208 | $0 | $0 |
| 2014 | $2,031 | $68,384 | $0 | $0 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 04/13/2026 04/13/26 | For Sale | $499,900 | +2602.2% | $181 / Sq Ft | |
| 12/17/2023 12/17/23 | Off Market | $18,500 | -- | -- | |
| 02/28/2014 02/28/14 | Sold | $18,500 | -26.0% | $7 / Sq Ft | View Prior Sale |
| 01/13/2014 01/13/14 | Pending | -- | -- | -- | |
| 12/31/2013 12/31/13 | For Sale | $25,000 | -- | $9 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Quit Claim Deed | $100 | -- | |
| Quit Claim Deed | $213,000 | -- | |
| Quit Claim Deed | -- | None Available | |
| Special Warranty Deed | $18,500 | Title365 Company | |
| Trustee Deed | $20,200 | None Available | |
| Trustee Deed | $20,200 | None Available | |
| Trustee Deed | -- | None Available | |
| Special Warranty Deed | $159,000 | -- | |
| Deed | $134,500 | -- | |
| Quit Claim Deed | -- | -- |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $213,000 | New Conventional | |
| Previous Owner | $111,300 | Fannie Mae Freddie Mac |
About the Listing Agent
Rich Stancato is the Co-Founder, CEO, and Broker of Record of Nomad Realty. With a background in business management, Rich previously led a customer service, procurement, and logistics division for a Fortune 500 company. Serving in many capacities, he was a member of their executive leadership team and spearheaded many of the initiatives that the company still uses today.
In 2018, Rich was ready to take a leap to follow his passion for real estate investing, venturing outside of the
Rich's Other Listings
Source: realMLS (Northeast Florida Multiple Listing Service)
MLS Number: 2139678
APN: 044783-0000
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Ask me questions while you tour the home.