For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Two-Property Multifamily Portfolio Title is generated by Realmo AI

    2892 COLLEGE St, Jacksonville, FL 32205

    View on Map
    Claim this Listing
    New
    For Sale
    $600,000

    20-unit masonry rental portfolio with fully upgraded interiors, in-unit washer/dryer, and separately metered utilities.

    Type:Investment
    Added:
    Jun 23, 2026
    Days on Market:
    4
    Last Refresh:
    Jun 24 at 5:06 am

    Property Features for 2892 COLLEGE St

    General Information

    Standard status
    Active
    Property subtype
    Investment

    Building Details

    Year Built
    1927

    We can help!

    Contact an agent
    STEVEN MICHAEL MCADOO

    Listing office

    Listing date Jun 23, 2026

    Source Elliman

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    All listing content including descriptions, pricing, images are the copyrighted material of STEVEN MICHAEL MCADOO

    HighLights

    • 20‑unit masonry multifamily portfolio in Jacksonville’s Riverside Historic District (two properties).
    • Unit mix includes 16 studios and 4 one‑bedroom units.
    • Interior and systems upgrades totaling over $400,000, with updated in‑unit finishes across the units.
    • Every unit has quartz counters, shaker cabinetry, tile finishes, and an in‑unit washer/dryer.
    • Separately metered utilities paid by tenants; most windows replaced.
    • Roofs replaced in 2017 and 2020; property near Ascension St. Vincent’s Riverside (~1 mile) and minutes to Five Points, Brooklyn, and Downtown.

    Overview

    The Rubel & College Portfolio is a 20-unit, two-property multifamily offering consisting of two masonry buildings. The mix totals sixteen studios and four one-bedroom units. Ownership has invested more than $400,000 in interior and systems upgrades, and units feature quartz counters, shaker cabinetry, tile finishes, and in-unit washer/dryer. Utilities are separately metered and paid directly by tenants. Most windows have been replaced, and the roof replacements were completed in 2017 and 2020.

    The portfolio is located in Jacksonville’s Riverside Historic District, with proximity to Ascension St. Vincent’s Riverside and minutes to Five Points, Brooklyn, and Downtown. The properties are situated in an urban-core area that the remarks describe as having more than $5 billion in announced development.

    For buyers or operators seeking a manageable, turn-key style portfolio, the combination of unit finishes, in-unit laundry, and recent roof and window work supports leasing-ready operations. Current remarks indicate total monthly revenue of approximately $21,000 at full occupancy. Pricing on this listing is for one property, but both 2892 College and 931 Rubel must be purchased together.
    Location Intelligence

    Current Use by Public Records

    Apartment buildings

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Accounting Firm

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Jacksonville
    County
    Duval
    State
    Florida
    Longitude
    -81.7016117
    Latitude
    30.3138814

    FAQs

    What type of property is this?
    Apartment building - 20-unit masonry rental portfolio with fully upgraded interiors, in-unit washer/dryer, and separately metered utilities.
    Where is this apartment building located?
    The property is located at 2892 COLLEGE St Jacksonville, FL.
    What is the asking price?
    The asking price for this property is $600,000.
    What are key features of this property?
    This property features: 20‑unit masonry multifamily portfolio in Jacksonville’s Riverside Historic District (two properties).; Unit mix includes 16 studios and 4 one‑bedroom units.; Interior and systems upgrades totaling over $400,000, with updated in‑unit finishes across the units.
    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message