Quadplex Residential Income
5120 WESTCHASE Court Jacksonville, FL 32210
For Sale
Under Contract
$400,000
MULTI_FAMILY - Jacksonville, FL
Property Size2,916 SF
Lot Size0.19 Acres
Price / SF$137.17
Days on Market108
Property Features for 5120 WESTCHASE Court
General Information
- Property type
- Residential Multi Family
- Property subtype
- Quadruplex
- Bedrooms
- 8
- Bathrooms
- 4
- Rooms
- Bedroom 4, Bedroom 5, Bedroom 8, Bathroom 1, Bathroom 4, Bedroom 6, Bathroom 2, Bedroom 3, Bedroom 1, Bedroom 2, Bathroom 3, Bedroom 7
- Parking features
- Off Street, Parking Lot
- Appliances
- Dishwasher, Electric Range, Refrigerator
- Standard status
- Active Under Contract
- APN
- 0138430536
- Size
- 2,916 SF
- Lot size
- 0.19 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Annual Amount
- 6613
Utilities
- Sewer type
- Public Sewer
- Heating system
- Central
- Cooling system
- Central Air
- Water source
- Public
Building Details
- Year built
- 1984
- Floors in Building
- 1
- Number of units
- 4
- Flooring type
- Tile
Listing Agency:
COLDWELL BANKER VANGUARD REALTY
(904) 269-7117
Listed By:
TOBIN BOSSOLA · License #3164103
(904) 910-8084
Added: Apr 10
Changed: Jul 17
Last Checked: Jul 26 at 10:06AM
MLS# 2139464
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.
This quadplex is offered for sale as a residential income property with four total units, three of which are currently occupied. Public remarks indicate that all units have received some updating, with three units featuring newer kitchens. The roof is reported to be less than eight years old.
The property includes ample parking for tenants. Trash pickup is handled by the city, and the owner pays water and sewer.
Additional details such as unit-by-unit condition beyond the updates noted, as well as photos and any interiors shown from earlier similar units, should be confirmed through the seller.
The property includes ample parking for tenants. Trash pickup is handled by the city, and the owner pays water and sewer.
Additional details such as unit-by-unit condition beyond the updates noted, as well as photos and any interiors shown from earlier similar units, should be confirmed through the seller.
Key Highlights
- Quadplex built in 1984 with public water and public sewer
- Central heating and central air
- 3 units currently occupied; building is set up for easy rental
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 | $43.0k | $14.76 |
| − Vacancy | −$3.9k | −$1.35 |
| EGI | $39.1k | $13.41 |
| − OpEx | −$11.7k | −$4.02 |
| NOI | $27.4k | $9.39 |
2,916 SF · lease $14.76/SF/yr · vacancy 9.12% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$391.1K
$342.3K – $456.3K
NOI $27,380 @ 7.0% cap · market cap 6.85%
Second Best
Apartment 5plus
$308.2K
$269.7K – $359.6K
NOI $21,574 @ 7.0% cap · market cap 5.39%
Theoretical Best
Office A
$798.8K
$699.0K – $932.0K
NOI $55,917 @ 7.0% cap · market cap 13.98%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Quadplexes
FAQs
What type of property is this?
Quadplex - Quadplex with three occupied units, partial kitchen updates, roof under eight years old, and ample on-site parking.
Where is this quadplex located?
The property is located at 5120 WESTCHASE Court Jacksonville, FL.
What is the asking price?
The asking price for this property is $400,000.
What are key features of this property?
This property features: Quadplex built in 1984 with public water and public sewer; Central heating and central air; 3 units currently occupied; building is set up for easy rental
