$1,100,000

Estimated payment $7,391/month

Total Views 7,104
-- Bed
-- Bath
-- Sq Ft
-- Price per Sq Ft

About This Home

Nestled in the heart of Riverside, this charming 1925 two-story, Norwegian brick quadplex is a rare find for investors seeking passive rental income and long-term appreciation. This historic property presents an exceptional opportunity for thoughtful updates and enhancements, allowing you to unlock its full potential. With strategic renovations and improvements, there is significant room to elevate both the property's appeal and rental value, positioning it for stronger returns. This is a prime value-add investment, offering the chance to blend historic charm with modern upgrades to maximize long-term appreciation and income potential. Zoned CRO (Commercial Residential Office), this versatile property allows for both residential and commercial use, making it ideal for traditional rentals, short-term stays, or office space. Each of the four units features original wood floors, high ceilings, and an inviting 2-bedroom, 1-bath layout filled with natural light. The building has both front and back stairs with ingress and egress for each unit on each staircase. The solid brick construction ensures lasting durability while maintaining its timeless charm. Roof was replaced in 2018, All HVAC's replaced in 2017, and plumbing & electrical upgrades throughout. Located in a high-demand rental market, this property is just minutes from St. Vincents Hospital, Five Points, the St. Johns River, and downtown Jacksonville. Tenants will enjoy walkability to some of the city's best dining, shopping, and entertainment options. Whether you're an investor looking to expand your portfolio or an entrepreneur seeking passive income, this prime Riverside quadplex offers endless potential. Don't miss this exceptional opportunity to schedule your showing today!

Listing Agent

Jena Dennis

Great Expectations Realty Listed on: 02/18/2025

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $15,645

Year Built

  • Built in 1925

Listing and Financial Details

  • Assessor Parcel Number 090637-0000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$15,645

Year Built

Built in 1925

Lot Details

0

Listing Details

  • Additional Marketing: Yes
  • Class: Multifamily
  • Legal Description: 1-10922-2S-26E RIVERSIDE E 3/4 LOT 2 BLK 48
  • Lvt Date: 02/18/2025
  • Type Of Property: Quadplex
  • Year Built: 1925
  • Addnl Marketing Remarks: both front and back stairs with ingress and egress for each unit on each staircase. The solid brick construction ensures lasting durability while maintaining its timeless charm. Roof was replaced in 2018, All HVAC's replaced in 2017, and plumbing & electrical upgrades throughout. Located in a high-demand rental market, this property is just minutes from St. Vincents Hospital, Five Points, the St. Johns River, and downtown Jacksonville. Tenants will enjoy walkability to some of the city's best dining, shopping, and entertainment options. Whether you're an investor looking to expand your portfolio or an entrepreneur seeking passive income, this prime Riverside quadplex offers endless potential. Don't miss this exceptional opportunity to schedule your showing today!
  • Marketing For Public Vw: Nestled in the heart of Riverside, this charming 1925 two-story, Norwegian brick quadplex is a rare find for investors seeking passive rental income and long-term appreciation. This historic property presents an exceptional opportunity for thoughtful updates and enhancements, allowing you to unlock its full potential. With strategic renovations and improvements, there is significant room to elevate both the property's appeal and rental value, positioning it for stronger returns. This is a prime value-add investment, offering the chance to blend historic charm with modern upgrades to maximize long-term appreciation and income potential. Zoned CRO (Commercial Residential Office), this versatile property allows for both residential and commercial use, making it ideal for traditional rentals, short-term stays, or office space. Each of the four units features original wood floors, high ceilings, and an inviting 2-bedroom, 1-bath layout filled with natural light. The building has
  • Subdivision Condo: Riverside
  • Special Features: None
  • Property Sub Type: MultiFamily

Lot Info

  • Lot Size: 9583
  • Zoning: CRO
  • Geo Subdivision: FL

Tax Info

  • Assessor Parcel Number: 090637-0000
  • Taxes: 15644.76
  • Tax Year: 2024

Map

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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
2025 $15,645 $841,100 $221,659 $619,441
2024 $14,850 $841,100 $232,031 $609,069
2023 $14,850 $841,100 $210,938 $630,162
2022 $13,091 $807,456 $164,062 $643,394
2021 $11,663 $625,002 $164,062 $460,940
2020 $11,355 $621,120 $164,062 $457,058
2019 $10,388 $540,892 $164,062 $376,830
2018 $9,300 $540,892 $164,062 $376,830
2017 $9,125 $569,360 $164,062 $405,298
2016 $8,220 $471,920 $0 $0
2015 $7,441 $395,580 $0 $0
2014 $6,475 $301,101 $0 $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/18/2025 02/18/25 For Sale $1,100,000 0.0% $213 / Sq Ft
02/18/2025 02/18/25 For Sale $1,100,000 0.0% --
02/10/2025 02/10/25 Off Market -- -- --
01/15/2025 01/15/25 For Rent -- -- --
Source: St. Augustine and St. Johns County Board of REALTORS®

Purchase History

Date Type Sale Price Title Company
Special Warranty Deed $640,000 Homeguard Title & Trust Llc
Special Warranty Deed $640,000 Homeguard Title & Trust Llc
Warranty Deed $600,000 None Available
Warranty Deed $600,000 None Available
Interfamily Deed Transfer -- --
Interfamily Deed Transfer -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $630,000 Unknown
Source: Public Records

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Source: St. Augustine and St. Johns County Board of REALTORS®

MLS Number: 251013

St. Augustine and St. Johns County Board of REALTORS®

APN: 090637-0000