Jacksonville Quadplex: Investor-Ready
For Sale
Contact for pricing
519 W 23rd St, Jacksonville, FL 32206
75% occupied quadplex with immediate cash flow potential.
Property SizeContact for details
Days on Market90
Property Features for 519 W 23rd St
General Information
Standard status
Active
Property subtype
Mixed Use
Zoning
RLD-60
Building Details
Year Built
1940
Listing Agency:
PELLEGO PARTNERS LLC
(904) 999-9930
Listed By:
Sam Boston · License #3500471
Source:
Crexi
Added: May 15
Changed: Aug 8
Last Checked: Aug 8 at 3:16PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of PELLEGO PARTNERS LLC
Investment Insights
Based on property information with market context.
This investor-ready quadplex is located in Jacksonville. The two-story brick building features four 1BR/1BA units. The property is 75% occupied and offers immediate cash flow potential. Several improvements have been completed, including a newer roof, updated A/C units, and several newer windows. Major appliances are included, and the units have hardwood floors throughout. The property is stabilized with long-term tenants who have been occupants of the building for over 2 years. It is located in a high-demand rental corridor near Downtown Jacksonville, UF Health, major employers, highways, and redevelopment activity. This is an opportunity for investors seeking a turnkey multifamily asset with cash flow, low vacancy history, and long-term upside. It is suitable for buy-and-hold investors looking to expand their portfolio in one of Jacksonville's in-demand rental markets.
Key Highlights
- 75% occupied 4‑unit quadplex providing immediate cash flow.
- Located in a high‑demand rental corridor near Downtown Jacksonville, UF Health, major employers, and highways.
- Major improvements completed: newer roof, updated A/C units, and several newer windows.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
486
Businesses Nearby
Explore this area
Business Placement
Demographics for 32206, FL
18,283
Population
9,415
Households
1.9
Avg Household Size
38
Median Age
21%
College-Educated
82%
High-School Grad
6.2 sq mi
ZIP Area
2,949
Density / Sq Mi
$37,585
Median Household Income
$34,353
Median Earnings
$866
Median Rent
$153,500
Median Home Value
Market
Vacancy Rate% for Multifamily in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Quadplex - 75% occupied quadplex with immediate cash flow potential.
Where is this quadplex located?
The property is located at 519 W 23rd St Jacksonville, FL.
What is the asking price?
The asking price for this property is $349,000.
What are key features of this property?
This property features: 75% occupied 4‑unit quadplex providing immediate cash flow.; Located in a high‑demand rental corridor near Downtown Jacksonville, UF Health, major employers, and highways.; Major improvements completed: newer roof, updated A/C units, and several newer windows.
