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$ 1,100,000
Est. payment /mo
Active
2321 Riverside Ave Jacksonville, FL 32204
8 Beds
4 Baths
5,176 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Multi family
Listing Status Active
Purchase Type For Sale
Square Footage 5,176 sqft
Price per Sqft $212
Subdivision Riverside
MLS Listing ID 251015
Bedrooms 8
Full Baths 4
HOA Y/N No
Total Fin. Sqft 5176
Year Built 1925
Annual Tax Amount $15,644
Tax Year 2024
Lot Size 9,583 Sqft
Acres 0.22
Property Sub-Type Multi family
Property Description
Nestled in the heart of Riverside, this charming 1925 two-story, Norwegian brick quadplex is a rare find for investors seeking passive rental income and long-term appreciation. This historic property presents an exceptional opportunity for thoughtful updates and enhancements, allowing you to unlock its full potential. With strategic renovations and improvements, there is significant room to elevate both the property's appeal and rental value, positioning it for stronger returns. This is a prime value-add investment, offering the chance to blend historic charm with modern upgrades to maximize long-term appreciation and income potential. Zoned CRO (Commercial Residential Office), this versatile property allows for both residential and commercial use, making it ideal for traditional rentals, short-term stays, or office space. Each of the four units features original wood floors, high ceilings, and an inviting 2-bedroom, 1-bath layout filled with natural light. The building has. both front and back stairs with ingress and egress for each unit on each staircase. The solid brick construction ensures lasting durability while maintaining its timeless charm. Roof was replaced in 2018, All HVAC's replaced in 2017, and plumbing & electrical upgrades throughout. Located in a high-demand rental market, this property is just minutes from St. Vincents Hospital, Five Points, the St. Johns River, and downtown Jacksonville. Tenants will enjoy walkability to some of the city's best dining, shopping, and entertainment options. Whether you're an investor looking to expand your portfolio or an entrepreneur seeking passive income, this prime Riverside quadplex offers endless potential. Don't miss this exceptional opportunity to schedule your showing today!
Location
State FL
County Duval
Area 18 - Duval County
Zoning CRO
Rooms
Primary Bedroom Level 1
Master Bedroom 1
Building
Story 2
Level or Stories 2
New Construction No
Others
Senior Community No
Virtual Tour https://dl.dropboxusercontent.com/scl/fi/hlbzbbik9so8rwaijc220/2321-Riverside-Ave-Unit-1-4-Jacksonville-FL-32204.mp4?rlkey=5yxhufi80cyj77mm2hysd49et&raw=1
Listed by Great Expectations Realty
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