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Quadplex with Interior Fireplaces
New
For Sale
$550,000

5134 RICKER Road, Jacksonville, FL 32210

Residential Income, Jacksonville, FL

Property Size3,704 SF
Lot Size0.28 Acres
Price / SF$148.49
Days on Market3

Property Features for 5134 RICKER Road

General Information

Property type Residential Multi Family
Property subtype Other
Zoning description Residential
Bedrooms 8
Bathrooms 8
Full bathrooms 8
Rooms Bathroom 1, Bathroom 5, Bedroom 1, Bedroom 2, Bedroom 4, Bathroom 4, Bathroom 2, Bedroom 5, Bathroom 7, Bedroom 6, Bedroom 7, Bedroom 8, Bathroom 6, Bathroom 8, Bathroom 3, Bedroom 3
Fencing Privacy
Fireplace 1
Appliances Electric Oven, Microwave, Refrigerator
Subdivision Indian Lakes
Lot features Cleared, Few Trees
Directions To reach 5134 Ricker Road from Downtown Jacksonville, take I-10 West for about 6 miles, then merge onto I-295 South toward Orange Park. After roughly 3 miles, take Exit 16 for FL-134/103rd Street. Turn right onto 103rd Street and continue west for about 1.5 miles. Turn right onto Ricker Road and drive north for about two blocks. The property will be on your left.
Standard status Active
APN 0142734215
Size 3,704 SF
Lot size 0.28 Acres

Taxes and HOA fees

Tax Year 2025
Tax Annual Amount 8166

Utilities

Sewer type Public Sewer
Heating system Central
Cooling system Central Air
Water source Public

Amenities

interior fireplaces
washer and dryer in each unit
ample resident parking

Building Details

Year built 1984
Floors in Building 1
Number of units 4
Flooring type Tile
Building materials Frame, Wood Siding
Roof type Shingle
Listing Agency: KELLER WILLIAMS ST JOHNS · Keller Williams Realty
Listed By: CHRISTINA WELCH · License #3186165
Added: Oct 13 Changed: Oct 15 Last Checked: Oct 15 at 10:06PM
MLS# 2169018

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 1984 quadplex contains four units across 3,704 square feet of heated space. The property totals eight bedrooms and eight full bathrooms, with an interior fireplace and a washer and dryer in every unit. Tile flooring, central heating and air conditioning, and frame construction with wood siding are also reported. The 0.28-acre parcel has privacy fencing, public water, and public sewer.

All four units are occupied, with active leases in place. The property is approximately 8–10 miles from Amazon and Wayfair fulfillment and distribution campuses in the Cecil Commerce Center/AllianceFlorida logistics hub.

Key Highlights

  • Four‑unit property with 3,704 heated square feet
  • Eight bedrooms and eight full bathrooms across the units
  • Interior fireplaces and a washer and dryer in each unit

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$34,780
Cap Rate
6.32%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$695,600 $695.6K
Cap Rate 7%
$496,857 $496.9K
Cap Rate 9%
$386,444 $386.4K
Market Conditions
NOI Build-Up for 3,704 SF
Gross rent
$54.7K $14.76/SF
− Vacancy
−$5.0K −$1.35/SF
EGI
$49.7K $13.41/SF
− OpEx
−$14.9K −$4.02/SF
NOI
$34.8K $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%
$695,600
Cap Rate 7%
$496,857
Cap Rate 9%
$386,444

Alternative Uses

Best Use
Multifamily LT 5
$496.9K
$434.8K – $579.7K (±1% cap)
NOI $34,780 @ 7.0% cap · market cap 6.32%
Second Best
Apartment 5plus
$391.5K
$342.5K – $456.7K (±1% cap)
NOI $27,403 @ 7.0% cap · market cap 4.98%
Theoretical Best
Office A
$1.01M
$887.9K – $1.18M (±1% cap)
NOI $71,028 @ 7.0% cap · market cap 12.91%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

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Current Use

Quadplexes

Suggested Use

Top Pick Law Firm Real Estate Agency Building Supply Parking Lot & Garage Gym & Fitness Center Kitchen & Bath Showroom

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

4
Residential units
100%
Occupancy

Location Intelligence

Trade Area within ½ mile

556
Businesses Nearby

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025

Frequently Asked Questions

What type of property is this?
Quadplex - Four leased residences combine private laundry appliances with a total of eight bedrooms and eight full bathrooms.
Where is this quadplex located?
The property is located at 5134 RICKER Road 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 3,704 heated square feet; Eight bedrooms and eight full bathrooms across the units; Interior fireplaces and a washer and dryer in each unit
More about this property
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