Riverside Jacksonville Fourplex For
2569 HERSCHEL Street Jacksonville, FL 32204
For Sale
$539,400
MULTI_FAMILY - Jacksonville, FL
Property Size2,572 SF
Lot Size0.14 Acres
Price / SF$209.72
Days on Market100
Property Features for 2569 HERSCHEL Street
General Information
Property type
Residential Multi Family
Property subtype
Quadruplex
Bedrooms
4
Bathrooms
4
Rooms
Bathroom 2, Bathroom 1, Bedroom 1, Bathroom 4, Bedroom 2, Bedroom 4, Bathroom 3, Bedroom 3
Parking
4
Parking features
On Street, Off Street
Standard status
Active
APN
0907810000
Size
2,572 SF
Lot size
0.14 Acres
Taxes and HOA fees
Tax Year
2025
Tax Annual Amount
9134
Utilities
Sewer type
Public Sewer
Heating system
Central, Heat Pump (Heating)
Cooling system
Central Air
Water source
Public
Building Details
Year built
1957
Floors in Building
2
Number of units
4
Flooring type
Wood, Tile
Roof type
Shingle
Listing Agency:
COLDWELL BANKER VANGUARD REALTY
(904) 269-7117
Listed By:
ERIN E KING · License #3358760
(904) 999-1780
Added: Apr 21
Changed: Jul 28
Last Checked: Jul 29 at 4:06AM
MLS# 2141351
Copyright © 2026 realMLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
Located in the Riverside area of Jacksonville, Florida, this four-unit multifamily property is situated blocks from King Street shops, Five Points, and Ascension Hospital, with convenient access to downtown and I-10/95. Each unit features a one-bedroom, one-bathroom layout and includes hardwood floors. The exterior of the building has been recently updated and repainted. The property has updated electric and plumbing. The lot size is 0.14 acres. The property contains 2,572 square feet.
Key Highlights
- Classic 4‑plex built in 1957 with a 1 bed/1 bath setup in each unit
- Long‑term tenant occupancy noted for each unit
- Hardwood floors in the units
Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $38.0k | $14.76 |
| − Vacancy | −$3.5k | −$1.35 |
| EGI | $34.5k | $13.41 |
| − OpEx | −$10.4k | −$4.02 |
| NOI | $24.2k | $9.39 |
2,572 SF · lease $14.76/SF/yr · vacancy 9.12% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$345.0K
$301.9K – $402.5K
NOI $24,150 @ 7.0% cap · market cap 4.48%
Second Best
Apartment 5plus
$271.8K
$237.9K – $317.2K
NOI $19,029 @ 7.0% cap · market cap 3.53%
Theoretical Best
Office A
$704.6K
$616.5K – $822.0K
NOI $49,321 @ 7.0% cap · market cap 9.14%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use
Frequently Asked Questions
What type of property is this?
Quadplex - Classic fourplex near King St shops and Five Points.
Where is this quadplex located?
The property is located at 2569 HERSCHEL Street Jacksonville, FL.
What is the asking price?
The asking price for this property is $539,400.
What are key features of this property?
This property features: Classic 4‑plex built in 1957 with a 1 bed/1 bath setup in each unit; Long‑term tenant occupancy noted for each unit; Hardwood floors in the units
