Newly Constructed Four-Unit
7638 MAILES Court Jacksonville, FL 32210
For Sale
$825,000
MULTI_FAMILY - Jacksonville, FL
Property Size4,104 SF
Lot Size0.17 Acres
Price / SF$201.02
Days on Market128
Property Features for 7638 MAILES Court
General Information
Property type
Residential Multi Family
Property subtype
Other
Standard status
Active
APN
0124420180
Size
4,104 SF
Lot size
0.17 Acres
Taxes and HOA fees
Tax Year
2025
Tax Annual Amount
11416
Utilities
Utilities
Water Available
Heating system
Central
Cooling system
Central Air
Water source
Public
Building Details
Year built
2023
Floors in Building
2
Number of units
4
Listing Agency:
KELLER WILLIAMS ST JOHNS
(904) 867-7694
Listed By:
CHRISTINA WELCH
(904) 404-1640
Added: Mar 24
Changed: Jul 9
Last Checked: Jul 29 at 12:06AM
MLS# 2136765
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 newly constructed four-unit multifamily property was built in 2023 and is offered as a turnkey investment. The building includes four individual units, each with two bedrooms and two bathrooms, and it has modern finishes. Three of the four units are currently leased, with the remaining unit available for lease-up.
The property is located at 7638 Mailes Court in Jacksonville, Florida (Duval County). The seller notes quick access to I-295 and I-95, and the home is described as being minutes from major retail, dining, and daily conveniences.
For investors seeking an income-producing residential asset, the current occupancy provides immediate rental coverage, while the final unit offers room to complete stabilization through lease-up. The remarks also state the property is designed for low maintenance, and it is projected to achieve a CAP rate exceeding 6% once fully stabilized. Offered at $825,000, this is a purpose-built four-unit structure with consistent unit mix and a straightforward operating profile.
The property is located at 7638 Mailes Court in Jacksonville, Florida (Duval County). The seller notes quick access to I-295 and I-95, and the home is described as being minutes from major retail, dining, and daily conveniences.
For investors seeking an income-producing residential asset, the current occupancy provides immediate rental coverage, while the final unit offers room to complete stabilization through lease-up. The remarks also state the property is designed for low maintenance, and it is projected to achieve a CAP rate exceeding 6% once fully stabilized. Offered at $825,000, this is a purpose-built four-unit structure with consistent unit mix and a straightforward operating profile.
Key Highlights
- Newly constructed (2023) four‑unit multifamily property offering immediate income from three leased units.
- Strong income potential with a projected CAP rate exceeding 6% once fully stabilized.
- Ideally located with quick access to I‑295 and I‑95, near major retail, dining, and daily conveniences.
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 | $60.6k | $14.76 |
| − Vacancy | −$5.5k | −$1.35 |
| EGI | $55.1k | $13.41 |
| − OpEx | −$16.5k | −$4.02 |
| NOI | $38.5k | $9.39 |
4,104 SF · lease $14.76/SF/yr · vacancy 9.12% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$550.5K
$481.7K – $642.3K
NOI $38,535 @ 7.0% cap · market cap 4.67%
Second Best
Apartment 5plus
$433.8K
$379.5K – $506.1K
NOI $30,363 @ 7.0% cap · market cap 3.68%
Theoretical Best
Office A
$1.12M
$983.7K – $1.31M
NOI $78,698 @ 7.0% cap · market cap 9.54%
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 - Turnkey four-unit property built in 2023 with three leased units and 2-bed, 2-bath layouts.
Where is this quadplex located?
The property is located at 7638 MAILES Court Jacksonville, FL.
What is the asking price?
The asking price for this property is $825,000.
What are key features of this property?
This property features: Newly constructed (2023) four‑unit multifamily property offering immediate income from three leased units.; Strong income potential with a projected CAP rate exceeding 6% once fully stabilized.; Ideally located with quick access to I‑295 and I‑95, near major retail, dining, and daily conveniences.
