Jacksonville Quadplex: Investor-Ready
519 W 23rd St, Jacksonville, FL 32206
For Sale
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75% occupied quadplex with immediate cash flow potential.
Property SizeContact for details
Days on Market181
Property Features for 519 W 23rd St
General Information
Standard status
Property subtype
Zoning
Site & Location
Neighborhood
Building Details
Year Built
Listing Agency:
PELLEGO PARTNERS LLC
Listed By:
Sam Boston · License FL #3500471
(904) 999-9930
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
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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
Who owns this building?
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Open Analytics
Location Intelligence
Trade Area within ½ mile
613
Businesses Nearby
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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
$153,500
Median Home Value
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Market
Average Price Trend$/SF for Quadplexes in Jacksonville, FL
Properties on Market for Quadplexes in Jacksonville
Vacancy Rate% for Multifamily in South region
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.
