Renovated 4-Unit
New
For Sale
$550,000
5035 WESTCHASE Court, Jacksonville, FL 32210
Residential Income, Jacksonville, FL
Property Size2,916 SF
Lot Size0.23 Acres
Price / SF$188.61
Days on Market3
Property Features for 5035 WESTCHASE Court
General Information
Property type
Residential Multi Family
Property subtype
Quadruplex
Bedrooms
8
Bathrooms
4
Full bathrooms
4
Rooms
Bedroom 7, Bathroom 3, Bathroom 2, Bedroom 6, Bedroom 3, Bedroom 2, Bathroom 4, Bathroom 1, Bedroom 5, Bedroom 1, Bedroom 8, Bedroom 4
Parking features
Parking Lot
Subdivision
Westchase
Lot features
Cul-De-Sac
Directions
From I-10, merge onto I-295 S toward Orange Park. Take Exit 16 for FL-134/103rd St and turn right (west). Go 0.7 miles, turn left onto Ricker Rd, take the first right onto Norwood Ave, then turn left onto Westchase Ct. Property is on the right
Standard status
Active
APN
0138430557
Size
2,916 SF
Lot size
0.23 Acres
Additional Details
Tenant in Place
Yes
Taxes and HOA fees
Tax Year
2025
Tax Annual Amount
6872
Utilities
Heating system
Central
Cooling system
Central Air
Amenities
w&d hookups
Building Details
Year built
1984
Floors in Building
2
Number of units
4
Roof type
Shingle
Listing Agency:
FLORIDA HOMES REALTY & MTG LLC
(904) 996-9115
Listed By:
BRIAN LOVE · License #3236172
(904) 223-4116
Added: Oct 30
Changed: Oct 31
Last Checked: Nov 1 at 1:06PM
MLS# 2171770
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.
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Investment Insights
Based on property information with market context.
This 4-unit quadplex contains 2,916 square feet on a 0.23-acre lot. Built in 1984, the property has updated plumbing, windows, electrical systems, central heating and air conditioning, and water heaters. Each unit includes washer and dryer hookups, and the roof is shingle.
Three units are occupied and professionally managed; the fourth is vacant. Tenants pay their own utilities, and the property has no HOA. Parking is provided in a lot.
Three units are occupied and professionally managed; the fourth is vacant. Tenants pay their own utilities, and the property has no HOA. Parking is provided in a lot.
Key Highlights
- Four‑unit property with 2,916 square feet on a 0.23‑acre lot
- Three units occupied and professionally managed; one unit vacant
- Updated plumbing, windows, electrical systems, and water heaters
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$27,380
Cap Rate
4.98%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$547,600
$547.6K
Cap Rate 7%
$391,143
$391.1K
Cap Rate 9%
$304,222
$304.2K
Market Conditions
NOI Build-Up for 2,916 SF
Gross rent
$43.0K $14.76/SF
− Vacancy
−$3.9K −$1.35/SF
EGI
$39.1K $13.41/SF
− OpEx
−$11.7K −$4.02/SF
NOI
$27.4K $9.39/SF
Area
ZIP 32210
Vacancy
9.12%
Lease Rate
$14.76 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$547,600
Cap Rate 7%
$391,143
Cap Rate 9%
$304,222
Alternative Uses
Best Use
Multifamily LT 5
$391.1K
$342.3K – $456.3K
NOI $27,380 @ 7.0% cap · market cap 4.98%
Second Best
Apartment 5plus
$308.2K
$269.7K – $359.6K
NOI $21,574 @ 7.0% cap · market cap 3.92%
Theoretical Best
Office A
$798.8K
$699.0K – $932.0K
NOI $55,917 @ 7.0% cap · market cap 10.17%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
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Lease Details
4
Residential units
Location Intelligence
Trade Area within ½ mile
564
Businesses Nearby
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Business Placement
Demographics for 32210, FL
66,415
Population
29,198
Households
2.3
Avg Household Size
37
Median Age
23%
College-Educated
88%
High-School Grad
21.9 sq mi
ZIP Area
3,033
Density / Sq Mi
$58,215
Median Household Income
$36,997
Median Earnings
$1,205
Median Rent
$205,300
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Quadplex - Three occupied units are professionally managed, while one is vacant for viewing or owner occupancy.
Where is this quadplex located?
The property is located at 5035 WESTCHASE Court Jacksonville, FL.
What is the asking price?
The asking price for this property is $550,000.
What are key features of this property?
This property features: Four‑unit property with 2,916 square feet on a 0.23‑acre lot; Three units occupied and professionally managed; one unit vacant; Updated plumbing, windows, electrical systems, and water heaters
