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1521 Mcduff Ave S Jacksonville, FL 32205

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For Sale
$689,000

Four-unit multifamily property in Jacksonville's historic Riverside district.

Property Features for 1521 Mcduff Ave S

General Information

Standard status
Active
Zoning
RMD-B

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Listing Contact
Jena Dennis
Jena Dennis
Source: Crexi

Listing Agency: GREAT EXPECTATIONS REALTY Listing Agent: Jena Dennis

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

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Overview

Riverside Multifamily Investment Opportunity

Located in Riverside’s historic district, 1512 McDuff Avenue is a four-unit multifamily investment offering immediate income with meaningful value-add potential. Constructed in 1942, the two-story brick building features four leased units, providing stable in-place cash flow while allowing upside through renovation and repositioning. The property offers approximately 3,670 square feet of effective interior space, including common areas, and is zoned RMD-B, supporting continued multifamily use. Units are between 820 - 862 sq ft approximately. Each unit includes a functional layout with galley-style kitchens and modern bathrooms, along with a mix of wood and carpeted flooring. While the property is well maintained, the highest and best use is to enhance and modernize to better align with the surrounding Riverside market, where upgraded multifamily properties command premium rents. Surrounded by high-end homes, popular restaurants, and established businesses, this asset represents a strong opportunity for investors seeking long-term growth in one of Jacksonville’s most desirable neighborhoods. Leases: Unit 1 - $975 pm, month-to-month Unit 2 - $1,200 pm, month-to-month Unit 3 - $975 pm, month-to-month Unit 4 - $1,050 pm, month-to-month. Electricity is individually metered, water & sewer master-metered. HVAC in unit 1 & 2 replaced in 2020. Condenser and air handler replaced in unit 1 and 4 in 2005. Plumbing re-pipe unit 4 in 1998.
Location Intelligence

Current Use by Public Records

Quadplexes

Suggested Use

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

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

Location Insight

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City
Jacksonville
County
Duval
State
Florida
Longitude
-81.699209
Latitude
30.3047329

FAQs

What type of property is this?
Quadplex - Four-unit multifamily property in Jacksonville's historic Riverside district.
Where is this quadplex located?
The property is located at 1521 Mcduff Ave S Jacksonville, FL.
What is the asking price?
The asking price for this property is $689,000.
What are key features of this property?
This property features: - Value-add potential through renovation and repositioning to achieve premium rents.; - Stable in-place cash flow from four leased units, providing immediate income.; - Located in Riverside's historic district, surrounded by high-end homes and popular restaurants.
More about this property
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