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Historic Riverfront Quadraplex with Loft

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
9726 TOUCHTON RD STE 1, Jacksonville Beach, FL
Listed by CINDY L COREY
Added: May 4 Checked: Jul 17 at 5:06 pm
MLS# 2144921 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.


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 (±1% cap)
NOI $57,061 @ 7.0% cap · market cap 3.36%
Second Best
Apartment 5plus
$642.3K
$562.0K – $749.3K (±1% cap)
NOI $44,960 @ 7.0% cap · market cap 2.64%
Theoretical Best
Office A
$1.66M
$1.46M – $1.94M (±1% cap)
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

Quadplexes

Suggested Use

(Bike/Boat/Book/etc) Store Electrical Service Locksmith Grocery & Convenience Store Plumbing Service Pet Grooming Service (Bike/Boat/Book/etc) Store Kitchen & Bath Showroom (Bike/Boat/Book/etc) Store Florist

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

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
Contact an agent
More about this property
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