1534 MORGAN ST new Save Request In-Person Tour Request Virtual Tour
Jacksonville,FL 32209
Key Details
Property Type Multi-Family, Condo
Sub Type Quadruplex
Listing Status Active
Purchase Type For Sale
Square Footage 2,776 sqft
Price per Sqft $118
Subdivision Smiths Allotment
MLS Listing ID 2109815
Bedrooms 8
Full Baths 4
HOA Y/N No
Year Built 1969
Annual Tax Amount $3,455
Lot Size 6,098 Sqft
Acres 0.14
Property Sub-Type Quadruplex
Source realMLS (Northeast Florida Multiple Listing Service)
Property Description
This quadplex in the heart of downtown offers the perfect blend of location, income potential, and versatility. Just steps from restaurants, shops, entertainment, and major employers, it provides both convenience for tenants and a desirable lifestyle for an owner-occupant.
With four spacious units, the property is well-positioned to generate strong rental income, with the potential to achieve a cap rate of up to 13%. Investors will appreciate the steady cash flow and long-term growth, while owner-occupants have the unique opportunity to live in one unit and let the other rentals offset their mortgage.
Whether you're looking to expand your portfolio with a high-performing asset or secure a home that helps pay for itself, this downtown quadplex is a rare find that combines prime location with financial upside.
Location
State FL
County Duval
Community Smiths Allotment
Area 074-Paxon
Direction From Edgewood Ave S, turn right onto W Beaver St. Turn left onto Acorn St. Right on Morgan
Interior
Heating Other
Cooling Wall/Window Unit(s)
Furnishings Unfurnished
Exterior
Parking Features On Street,Parking Lot
Utilities Available Electricity Connected,Sewer Connected,Water Connected
Garage No
Private Pool No
Building
Lot Description Other
Story 2
Sewer Public Sewer
Water Public
Level or Stories 2
Structure Type Concrete
New Construction No
Others
Tax ID 0758700100
Acceptable Financing Cash,Conventional,FHA,VA Loan
Listing Terms Cash,Conventional,FHA,VA Loan