$335,000
Jacksonville, FL 32206
MLS# 1048699
4 baths
1 / 35
Property Description
Prime Turn-Key Investment Opportunity - High-Yield Room-by-Room Rental Duplex / Portfolio 3 side-by-side duplexes available (purchase individually at $335,000 each or as a package) Current Configuration: Fully furnished, renovated duplexes operating as rent-per-room units (typically $600-$850 per room/month) Total: 29 rentable rooms across the 3 buildings (Building 59 has 9 rooms; others have 10 each) Significant upside: Approximately 8 rooms currently vacant for immediate additional income 2023 Full Renovation: Thoughtfully redesigned to maximize rental income (no traditional living rooms) - easily convertible back to standard 3 Bed/2 Bath layouts per side if desired Strong Income Potential: Proven room-by-room model with room for growth through filling vacancies or adjusting strategies Key Updates & Features: 8-year-old roofs on all buildings All water heaters replaced in 2023 New AC units: - Units 59 & 51 replaced in 2023 - Unit 55 replaced in
Details
Maps
Documents
Contract Information
Comp Sale YN: No
Current Price: $335,000
Original List Price: 1050000
List Price: $335,000
Status: Active
Listing Contract Date: 2025-06-11
Property Sub Type: Multi Family
Location, Tax, and Legal
Tax Account: 133355-1000
General County Location: Out of Brevard
Tax Annual Amount: 8446.89
Tax Year: 2024
Tax Legal Description: 6-25 55-2S-26E .199, OAK TERRACE
LOT 10 BLK 2 + 6-25 55-2S-26E .149, OAK TERRACE LOT 9 BLK 2 + see records
Additional Parcels YN: Yes
Additional Parcels Description: 0800 Multi-Family Units 2-9
Zoning Description: Multi Family
Directions: Take I-95 North or South (depending on your starting point) toward downtown Jacksonville.
Exit at MLK Jr. Parkway (US-1 N/US-23 N) - follow signs for MLK Parkway Northbound.
Take the exit for Main Street (US-17 N).
Turn left onto Main Street (if coming from south) or right (if coming from north).
Turn right onto E 32nd Street - it's a small residential road just north of the intersect
General Property Information
Number Of Units Total: 1
Stories Total: 2
Building Area Total: 2352
Building Area Source: Public Records
Accessibility Features YN: No
Association YN: No
Building Name: duplex
Water Body Access YN: No
Waterfront YN: No
Land Lease YN: No
List Price/SqFt: 142.43
Bathrooms Total: 4
Year Built: 1987
Remarks and Miscellaneous
Public Remarks: Prime Turn-Key Investment Opportunity - High-Yield Room-by-Room Rental Duplex / Portfolio
3 side-by-side duplexes available (purchase individually at $335,000 each or as a package)
Current Configuration: Fully furnished, renovated duplexes operating as rent-per-room units (typically $600-$850 per room/month)
Total: 29 rentable rooms across the 3 buildings (Building 59 has 9 rooms; others have 10 each)
Significant upside: Approximately 8 rooms currently vacant for immediate additional income
2023 Full Renovation: Thoughtfully redesigned to maximize rental income (no traditional living rooms) - easily convertible back to standard 3 Bed/2 Bath layouts per side if desired
Strong Income Potential: Proven room-by-room model with room for growth through filling vacancies or adjusting strategies
Key Updates & Features:
8-year-old roofs on all buildings
All water heaters replaced in 2023
New AC units:
- Units 59 & 51 replaced in 2023
- Unit 55 replaced in
Construction Materials
Block: 1
Wood Siding: 1
Cooling
Central Air: 1
Multi Units: 1
Current Use
Multi-Family: 1
Fencing
Back Yard: 1
Flooring
Vinyl: 1
Lot Features
Dead End Street: 1
Parking Features
Additional Parking: 1
On Street: 1
Shared Driveway: 1
Roof
Shingle: 1
Sewer
Public Sewer: 1
Unit 1 Details
Unit ID: 51
Annual Rent: 64000
Unit SqFt: 2268
# Units (This Type): 3
Baths Total: 4
Furnished: Furnished
Unit Remarks: Duplex; all 3 are similar
Water Source
Public: 1
Building Features
% Air Conditioned or Heated: 100
Kitchen Facilities: 1
Laundry: 1
Sale Includes
Building & Land: 1
Furniture, Fixtures and Equipment: 1
Location Tax and Legal
Street Number: 51
Street Direction Prefix: E
Street Name: 32nd
Street Suffix: Street
County: Duval
State: FL
Postal Code: 32206
MLS Area Major: 999 - Out of Area
Status Change Information
Major Change Timestamp: 2026-01-23T15:48:22Z
Major Change Type: Price Reduced
Price Change Timestamp: 2026-01-23T15:48:22Z
Status Change Timestamp: 2025-06-11
Property Features
Building Features: Kitchen Facilities; Laundry
Construction Materials: Block; Wood Siding
Cooling: Central Air; Multi Units
Current Use: Multi-Family
Fencing: Back Yard
Flooring: Vinyl
Lot Features: Dead End Street
Parking Features: Additional Parking; On Street; Shared Driveway
Roof: Shingle
Sale Includes: Building & Land; Furniture, Fixtures and Equipment
Sewer: Public Sewer
Water Source: Public
Supplements
New AC units:
- Units 59 & 51 replaced in 2023
- Unit 55 replaced in 2025
Complete interior remodel throughout
Management & Location Advantages:
2 buildings self-managed; 1 building on pad split (flexible setup)
Quiet dead-end road - no through traffic
Ample parking
Short walk to major bus route on Main Street for excellent tenant accessibility
This is a rare, cash-flowing opportunity in a high-demand rental market with modern upgrades and built-in expansion potential. Ideal for investors seeking immediate returns with options for long-term appreciation or reconfiguration. schedule a viewing!
flyer jacksonville 
Electric, water, sewer 
Listing Office: LoKation
Last Updated: January - 23 - 2026
Information is deemed to be reliable, but is not guaranteed.