Historic Riverfront Quadraplex with
2117 RIVER Boulevard Jacksonville, FL 32204
2117 RIVER Boulevard, Jacksonville, FL, 32204
$1,700,000
For Sale
$1,700,000
MULTI_FAMILY - Jacksonville, FL
Property Size6,077 SF
Lot Size0.15 Acres
Price / SF$279.74
Days on Market75
Property Features for 2117 RIVER Boulevard
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Bedrooms
- 10
- Bathrooms
- 6
- Rooms
- Bathroom 7, Bathroom 3, Bedroom 4, Bedroom 1, Bedroom 3, Bedroom 10, Bedroom 5, Bathroom 4, Bathroom 5, Bathroom 6, Bedroom 9, Bedroom 6, Bedroom 7, Bathroom 1, Bathroom 2, Bedroom 8, Bedroom 2
- Parking
- 3
- Parking features
- Off Street, On Street
- Exterior features
- Balcony, Courtyard
- Fireplace
- 1
- Appliances
- Dishwasher, Dryer, Electric Range, Electric Water Heater, Microwave, Refrigerator, Washer
- Standard status
- Active
- APN
- 0905140000
- Size
- 6,077 SF
- Lot size
- 0.15 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Annual Amount
- 18316
Utilities
- Sewer type
- Public Sewer
- Heating system
- Electric (Heating), Central
- Cooling system
- Electric, Central Air
- Water source
- Public
- Water front features
- River Front, Seawall
- Water front
- 1
Building Details
- Year built
- 1918
- Floors in Building
- 1
- Number of units
- 5
- Flooring type
- Wood, Tile
- Building materials
- Brick, Stucco
- Roof type
- Shingle
Listing Agency
BETTER HOMES & GARDENS REAL ESTATE LIFESTYLES REALTY
(833) 765-3244
9726 TOUCHTON RD STE 1, Jacksonville Beach, FL
Listed by
CINDY L COREY
(904) 673-6740
Added: May 4 Checked: Jul 17 at 5:06 pm
MLS# 2144921
Listing URL
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Investment Insights
Based on property information with market context.
This historic riverfront quadraplex, designed by architect Harold Marsh of Marsh and Saxelbye, is located in the St Johns Quarter neighborhood of Jacksonville, Florida. The 6,077 square foot multifamily property sits on a 0.15-acre lot. The building has been fully restored with upgrades since 2018, including a historic color scheme, repairs, electrical upgrades, new HVAC systems, and appliances. Engineered plans for a new back entry and deck are included with the purchase. All units are currently leased.
Key Highlights
- Historic 4‑plex built in 1918 with riverfront frontage and seawall
- Design includes loft space by architect Harold Marsh of Marsh and Saxelbye
- Building upgrades since 2018 include electrical upgrades, new HVAC systems, and updated appliances
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 | $89.7k | $14.76 |
| − Vacancy | −$8.2k | −$1.35 |
| EGI | $81.5k | $13.41 |
| − OpEx | −$24.5k | −$4.02 |
| NOI | $57.1k | $9.39 |
6,077 SF · lease $14.76/SF/yr · vacancy 9.12% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$815.2K
$713.3K – $951.0K
NOI $57,061 @ 7.0% cap · market cap 3.36%
Second Best
Apartment 5plus
$642.3K
$562.0K – $749.3K
NOI $44,960 @ 7.0% cap · market cap 2.64%
Theoretical Best
Office A
$1.66M
$1.46M – $1.94M
NOI $116,533 @ 7.0% cap · market cap 6.85%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
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FAQs
What type of property is this?
Quadplex - Restored historic riverfront quadraplex in St Johns Quarter, Jacksonville.
Where is this quadplex located?
The property is located at 2117 RIVER Boulevard Jacksonville, FL.
What is the asking price?
The asking price for this property is $1,700,000.
What are key features of this property?
This property features: Historic 4‑plex built in 1918 with riverfront frontage and seawall; Design includes loft space by architect Harold Marsh of Marsh and Saxelbye; Building upgrades since 2018 include electrical upgrades, new HVAC systems, and updated appliances