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    Renovated Quadplex Income Property Title is generated by Realmo AI

    1524 W 21ST Street, Jacksonville, FL 32209

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    For Sale
    $390,000

    MULTI_FAMILY - Jacksonville, FL

    Property size:
    2,340 SF
    Lot size:
    0.11 Acres
    Price / SF:
    $166/SF
    Added:
    Jun 1, 2026
    Days on Market:
    38
    Last Refresh:
    Jul 8 at 1:06 am

    Property Features for 1524 W 21ST Street

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Bedrooms
    8
    Bathrooms
    4
    Rooms
    Bathroom 4, Bathroom 2, Bathroom 1, Bedroom 5, Bedroom 8, Bedroom 7, Bedroom 2, Bathroom 3, Bedroom 4, Bedroom 1, Bedroom 3, Bedroom 6
    Parking features
    Parking Lot
    Appliances
    Electric Range, Electric Water Heater, Refrigerator
    Standard status
    Active
    APN
    0458030090
    Size
    2,340 SF
    Lot size
    0.11 Acres

    Taxes and HOA fees

    Tax Year
    2025
    Tax Annual Amount
    6266

    Utilities

    Utilities
    Cable Available
    Sewer type
    Public Sewer
    Heating system
    Central, Heat Pump (Heating), Electric (Heating)
    Cooling system
    Electric, Central Air
    Water source
    Public

    Building Details

    Year built
    1956
    Floors in Building
    1
    Number of units
    4
    Flooring type
    Tile
    Building materials
    Block, Concrete
    Roof type
    Shingle

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    CHAD NEUMANN
    CHAD NEUMANN

    Listing agent CHAD NEUMANN License #3183802

    Listing office CHAD AND SANDY REAL ESTATE GROUP 8367 BAYMEADOWS WAY SUITE 200, Jacksonville, FL

    Listing date Jun 1, 2026

    MLS# 2148071 Listing URL

    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.

    HighLights

    • Income‑producing apartment building built in 1956 with current rent roll managed by JWB (per documents)
    • New roof installed in 2021
    • Units 1 and 2 remodeled with new kitchens featuring granite countertops and updated bathrooms (photos are of Unit 2)
    • Central AC in Units 1, 2, and 3; Unit 4 has a window AC unit
    • All tile flooring throughout
    • Public utilities: public water and public sewer; cable available; central electric and heat pump heating listed

    Overview

    This quadplex offers four rental units in an income-producing residential configuration. The property features a newer roof installed in 2021. Units 1 and 2 have been remodeled with new kitchens featuring granite countertops and updated bathrooms, and the photos provided depict the recent renovations in Unit 2. For comfort, Units 1, 2, and 3 are equipped with central A/C, while Unit 4 has a window AC unit. All units feature tile flooring throughout, supporting straightforward maintenance.

    The property is located at 1524 W 21st Street in Jacksonville, Florida. The listing notes convenient access to shopping and dining and proximity to I-95 for commuting convenience. It also states the property is minutes from downtown Jacksonville and local attractions.

    For investors seeking a small multifamily asset, this four-unit quadplex presents a mix of renovated and updated interiors alongside a roof replacement completed in 2021. The consistent tile flooring across units and the in-unit air conditioning arrangement can simplify day-to-day operations relative to properties with less standardized finishes.

    Local 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 $34.5k $14.76
    − Vacancy −$3.1k −$1.35
    EGI $31.4k $13.41
    − OpEx −$9.4k −$4.02
    NOI $22.0k $9.39
    2,340 SF · lease $14.76/SF/yr · vacancy 9.12% · expense 30.00%

    Alternative Uses

    Best Use
    Multifamily LT 5
    $313.9K
    $274.7K – $366.2K (±1% cap)
    NOI $21,972 @ 7.0% cap · market cap 5.63%
    Second Best
    Apartment 5plus
    $247.3K
    $216.4K – $288.5K (±1% cap)
    NOI $17,312 @ 7.0% cap · market cap 4.44%
    Theoretical Best
    Office A
    $641.0K
    $560.9K – $747.9K (±1% cap)
    NOI $44,872 @ 7.0% cap · market cap 11.51%
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Quadplexes

    Suggested Use

    Dental Office Real Estate Agency Law Firm (Bike/Boat/Book/etc) Store Spa & Massage Center (Bike/Boat/Book/etc) Store Gym & Fitness Center Cafe & Coffee Shop Accounting Firm Bakery

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

    Location Insight

    • Map
    • Local Demand
    City
    Jacksonville
    County
    Duval
    State
    Florida
    Longitude
    -81.680842
    Latitude
    30.356468

    FAQs

    What type of property is this?
    Quadplex - Four-unit quadplex with newer roof, central and window A/C, tile flooring, and remodeled interiors.
    Where is this quadplex located?
    The property is located at 1524 W 21ST Street Jacksonville, FL.
    What is the asking price?
    The asking price for this property is $390,000.
    What are key features of this property?
    This property features: Income‑producing apartment building built in 1956 with current rent roll managed by JWB (per documents); New roof installed in 2021; Units 1 and 2 remodeled with new kitchens featuring granite countertops and updated bathrooms (photos are of Unit 2)
    More about this property
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