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Jacksonville Multi-Family Properties for Sale

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Newest Jacksonville Multi-Family Homes for Sale

$624,990
4 Beds 3 Baths 2162625 MLS
Discover a rare investment opportunity in the heart of Riverside with this income-producing triplex in one of Jacksonville's most sought-after neighborhoods. Featuring a well-maintained duplex at the front and a newly renovated, vacant ADU in the rear, this property offers exceptional flexibility for investors, owner-occupants, or those looking to maximize rental income. The front duplex (both units currently leased) includes a 1-bedroom, 1-bath ground-floor unit and a spacious 2-bedroom, 1-bath upstairs unit. The rear ADU has been newly renovated and is ready for immediate occupancy, offering the opportunity for a long-term rental, short-term rental, guest suite, or private living space. Separate access adds convenience, with the duplex utilizing the front driveway and the ADU benefiting from rear road access and parking. Each residence features luxury vinyl plank flooring, updated kitchens with stainless steel appliances and quartz countertops, and new water heaters. Major improvements provide additional peace of mind, including a newer architectural shingle roof, new HVAC systems throughout, and a transferable termite bond. Located just a short bike ride from the vibrant King Street, Park Street, and Post Street corridors, you'll be surrounded by some of Riverside's favorite restaurants, bars, coffee shops, boutiques, and entertainment. Whether you choose to occupy one unit and rent the others, house-hack the property, or lease all three residences for maximum income potential, this turnkey triplex offers an incredible opportunity to invest in one of Jacksonville's most desirable urban neighborhoods. Don't miss your chance to own a versatile, income-generating property in the heart of Riverside!

2781/2783 College Street, Jacksonville

$375,000
8 Beds 4 Baths 2159829 MLS
Quadplex Opportunity! Investors, don't miss this exceptional opportunity to own a fully updated four-unit income-producing property with immediate cash flow and outstanding upside potential. This well-maintained quadplex features four spacious 2-bedroom, 1-bath units, each with its own refrigerator, range, window A/C units, and individually metered electric, water, and sewer, allowing tenants to pay their own utilities. The property has been converted to city sewer, eliminating septic concerns, and offers dedicated parking for each unit. Major capital improvements have already been completed, including a new roof and re-roof (2024), complete repipe and redrain, new water heaters, updated electrical wiring, fresh interior paint, remodeled kitchen, updated bathrooms, newer window A/C units, and luxury vinyl plank flooring throughout all four units. The property is nearly move-in ready, making it an easy addition to your investment portfolio. Enjoy immediate rental income with one unit leased at $800/month and another at $850/month, while the remaining two vacant units are ready to lease at current market rates, giving the new owner the opportunity to increase cash flow right away. The property is also HUD approved, further expanding your tenant pool. Looking for even greater returns? This property may also be an excellent PadSplit opportunity, offering investors the potential to maximize rental income through an alternative investment strategy. Whether you're expanding your portfolio, completing a 1031 exchange, or purchasing your first multifamily investment, this property checks all the boxes with strong infrastructure, separate utility metering, and excellent income potential. Opportunities like this are hard to find. Schedule your private showing today and secure this outstanding investment before someone else does!

2217 W 39th Street, Jacksonville

$495,000
7 Beds 4 Baths 2157653 MLS
Turnkey, fully furnished historic duplex in the heart of Historic Springfield with all furnishings conveying, offering exceptional flexibility for investors and owner-occupants alike. Live in one unit while renting the other, create the perfect house hack, or capitalize on multiple rental strategies including Airbnb/VRBO, Furnished Finder, PadSplit, or traditional long-term rentals. Over $149,000 invested in 2026 alone, including engineered structural improvements, foundation stabilization, rebuilt front porch, exterior repairs, and a brand-new HVAC package unit for 325. Additional major updates include a new roof (2019), complete property repipe (2019), electrical service upgrade and rewire (2019), and a Goodman 3-ton HVAC system with new ductwork serving 327 (2020). Minutes from Downtown Jacksonville, UF Health, EverBank Stadium, restaurants, breweries, parks, and the rapidly growing Sports & Entertainment District. Adjacent buildable lot available separately for $75,000. This turnkey, fully furnished historic duplex offers a rare opportunity to own an income-producing property where the charm and character of Historic Springfield are complemented by extensive documented capital improvements. Whether you're searching for a primary residence with rental income, a house hack, a short-term rental, furnished mid-term rental, co-living opportunity, or a traditional long-term investment, this property offers exceptional flexibility from day one with all furnishings conveying at closing. One of the property's greatest advantages is the significant investment already made in its infrastructure. While many historic homes require buyers to budget for costly deferred maintenance, this property has already undergone extensive improvements. Over $149,000 was invested in 2026 alone, including professionally engineered structural repairs designed to preserve the long-term integrity of the home. Improvements include foundation stabilization with new support piers, floor system repairs, subfloor leveling and replacement where necessary, a completely rebuilt front porch, framing repairs, siding replacement, exterior envelope improvements, masonry repairs, and additional structural enhancements completed under engineered plans and municipal permits. Additional capital improvements include a new GrandAire HVAC package unit serving 325 installed in July 2026, a Goodman 3-ton HVAC system with new ductwork serving 327 installed in 2020, a new roof installed in 2019, a complete property repipe completed in 2019, and an electrical service upgrade with a complete property rewire completed in 2019. These improvements represent many of the largest and most expensive components buyers typically evaluate when purchasing a historic property, providing added confidence and reducing future capital expenditure concerns. Located in one of Jacksonville's most desirable historic neighborhoods, Historic Springfield continues to experience significant public and private investment, ongoing residential restoration, new commercial development, and continued revitalization throughout the Urban Core. Residents enjoy walkable access to local restaurants, breweries, coffee shops, neighborhood parks, and community events while remaining just minutes from Downtown Jacksonville, EverBank Stadium, VyStar Veterans Memorial Arena, Daily's Place, UF Health, the expanding Sports & Entertainment District, and major employment centers. Many buyers view Springfield as one of Jacksonville's strongest long-term appreciation opportunities due to its historic architecture, vibrant community, and proximity to downtown. The property's versatile layout allows for multiple investment strategies, including owner occupancy with rental income, traditional long-term leasing, furnished mid-term housing, Airbnb/VRBO (subject to local regulations), co-living, or other flexible rental models. Few properties offer this level of versatility while also being conveyed fully furnished and ready for immediate occupancy or income production. For buyers seeking additional upside, the adjacent buildable vacant lot is also available for purchase separately for $75,000, presenting an outstanding opportunity for future expansion, new construction, additional parking, enhanced outdoor living space, or long-term investment in one of Jacksonville's fastest-growing historic neighborhoods.

325 E 1st Street, Jacksonville

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