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Jacksonville Multifamily Investment Opportunity

7619 Indian Lakes Dr, Jacksonville, FL 32210

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For Sale

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Two fully occupied quadplexes in Jacksonville's Westside rental corridor.

Type:Multifamily

Property size:

7,408 SF

Price / SF:

$141/SF

HighLights

Two stabilized quadplexes (8 units total) providing immediate income.
100% occupied, indicating strong tenant demand.
Located in Jacksonville's established Westside rental corridor.
Proximity to Amazon and Wayfair fulfillment centers within Cecil Commerce Center.
Close to NAS Jacksonville, ensuring consistent tenant demand.
Convenient access to major highways and Downtown Jacksonville (approx. 15 minutes).

We can help!

Contact an agent

Courtney Smith

Learn more

For Sale

Contact for pricing

Two fully occupied quadplexes in Jacksonville's Westside rental corridor.

Type:Multifamily

Property size:

7,408 SF

Price / SF:

$141/SF

Added:: Feb 10, 2026
Days on Market:: 136
Last Refresh:: Mar 17 at 1:15 pm

Property Features for 7619 Indian Lakes Dr

General Information

Standard status: Active
Size: 7,408 SF
Property subtype: Multifamily

Building Details

Year Built: 1984

We can help!

Contact an agent

Courtney Smith

Listing office Keller Williams St Johns

Listing date Feb 10, 2026

Source Crexi

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 Keller Williams St Johns

HighLights

Two stabilized quadplexes (8 units total) providing immediate income.
100% occupied, indicating strong tenant demand.
Located in Jacksonville's established Westside rental corridor.
Proximity to Amazon and Wayfair fulfillment centers within Cecil Commerce Center.
Close to NAS Jacksonville, ensuring consistent tenant demand.
Convenient access to major highways and Downtown Jacksonville (approx. 15 minutes).

Overview

This offering features two stabilized quadplexes, totaling 8 units, located at 7619 Indian Lakes Dr and 5126 Ricker Rd in Jacksonville's established Westside rental corridor. The properties are 100% occupied, providing immediate income with upside potential. Situated approximately 10–12 miles from Amazon and Wayfair fulfillment and distribution centers within the Cecil Commerce logistics hub, and minutes from Cecil Field, the location benefits from proximity to NAS Jacksonville, ensuring consistent tenant demand from military and civilian personnel. The properties offer convenient access to major highways and are approximately 15 minutes from Downtown Jacksonville. This presents an opportunity for investors seeking stable cash flow in a market driven by national employers and long-term economic growth. The combined property size is 7408 square feet.

Local Financial Insights For Multifamily LT 5

Simulate Cap Rate and NOI

NOI Build-Up

Component	$	$/SF
Gross rent	$109.3k	$14.76
− Vacancy	−$10.0k	−$1.35
EGI	$99.4k	$13.41
− OpEx	−$29.8k	−$4.02
NOI	$69.6k	$9.39

7,408 SF · lease $14.76/SF/yr · vacancy 9.12% · expense 30.00%

Alternative Uses

Best Use

Multifamily LT 5

$993.7K

$869.5K – $1.16M (±1% cap)

NOI $69,559 @ 7.0% cap · market cap 6.62%

Second Best

Apartment 5plus

$783.0K

$685.1K – $913.5K (±1% cap)

NOI $54,807 @ 7.0% cap · market cap 5.22%

Theoretical Best

Office A

$2.03M

$1.78M – $2.37M (±1% cap)

NOI $142,056 @ 7.0% cap · market cap 13.53%

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

Location Intelligence

Current Use by Public Records

Indian Lakes Hotel & Motel

Suggested Use

Location Insight

Map
Local Demand

City: Jacksonville
County: Duval
State: Florida
Longitude: -81.7740012
Latitude: 30.2515212

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For sale
Quadplexes
FL
Jacksonville
32210
7619 Indian Lakes Dr

What type of property is this?

Quadplex - Two fully occupied quadplexes in Jacksonville's Westside rental corridor.

Where is this quadplex located?

The property is located at 7619 Indian Lakes Dr Jacksonville, FL.

What is the asking price?

The asking price for this property is $1,050,000.

What are key features of this property?

This property features: Two stabilized quadplexes (8 units total) providing immediate income.; 100% occupied, indicating strong tenant demand.; Located in Jacksonville's established Westside rental corridor.