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136 PHELPS Street, Jacksonville, FL 32206
$775,000










































Property Type:
Residential Income
Bedrooms:
8
Baths:
4
Square Footage:
3,464
Lot Size (sq. ft.):
7,405
Status:
Active
Current Price:
$775,000
List Date:
1/27/2025
Last Modified:
6/09/2025
Description
Amazing opportunity to get in early on the downtown investment boom. This amazing 4 unit property is currently being used as 4 separate residential rental units, but is zoned CRO which gives it an abundance of options. Every major component of this property was updated between 2021-2022 including a new metal roof, all new hvac units, new electric, new plumbing, new windows, a full cosmetic renovation including new kitchens and bathrooms. This property features a huge back deck overlooking the downtown skyline that was engineered to commercial building standards and constructed in 2021 and off street parking behind the building. With hundreds of millions of dollars being invested within the surrounding half mile radius of the property in then next few years and favorable zoning, this property could make a fantastic law office, residential rental building, professional office, live/work space or any other number of possibilities.
More Information MLS# 2066895
Contract Information
Current Price: $775,000
List Price: $775,000
Status: Active
Listing Contract Date: 2025-01-27
Property Sub Type: Quadruplex
Location Tax and Legal
Street Number: 136
Street Name: PHELPS
Street Suffix: Street
County: Duval
State: FL
Postal Code: 32206
Subdivision Name: Springfield
MLS Area Major: 072-Springfield
General Property Information
Number Of Units Total: 4
Bedrooms Total: 8
Bathrooms Total: 4
Bathrooms Full: 4
Living Area: 3464
Accessibility Features YN: No
New Construction YN: No
Year Built: 1938
Garage YN: No
Carport YN: No
Lot Size Acres: 0.17
CDD Fee YN: No
Pool Private YN: No
Water Body Access YN: No
Waterfront YN: No
Directions: From I-95, take Main Street Bridge north, take a right on Phelps St. Property is on right. Property boarders the Springfield and Downtown neighborhoods
Public Remarks: Amazing opportunity to get in early on the downtown investment boom. This amazing 4 unit property is currently being used as 4 separate residential rental units, but is zoned CRO which gives it an abundance of options. Every major component of this property was updated between 2021-2022 including a new metal roof, all new hvac units, new electric, new plumbing, new windows, a full cosmetic renovation including new kitchens and bathrooms. This property features a huge back deck overlooking the downtown skyline that was engineered to commercial building standards and constructed in 2021 and off street parking behind the building. With hundreds of millions of dollars being invested within the surrounding half mile radius of the property in then next few years and favorable zoning, this property could make a fantastic law office, residential rental building, professional office, live/work space or any other number of possibilities.
List Price/SqFt: 223.73
Status Change Information
Major Change Timestamp: 2025-01-27T16:43:41Z
Major Change Type: New Listing
Currently Not Used
Property Attached YN: Yes
yn11: No
Unit 1 Details
Unit ID: 1
Actual Rent: 2000
Unit SqFt: 900
Beds Total: 2
Full Baths Total: 1
Furnished: Furnished
Unit Remarks: currently occupied on mid term MTM agreement
Unit 2 Details
Unit ID: 2
Actual Rent: 2000
Unit SqFt: 900
Beds Total: 2
Full Baths Total: 1
Furnished: Furnished
Unit Remarks: Currently operating on mid term MTM agreement
Unit 3 Details
Unit ID: 3
Actual Rent: 1475
Unit SqFt: 900
Beds Total: 2
Full Baths Total: 1
Furnished: Furnished
Unit Remarks: Annual Lease
Unit 4 Details
Unit ID: 4
Actual Rent: 1495
Unit SqFt: 900
Beds Total: 2
Full Baths Total: 1
Furnished: Furnished
Unit Remarks: Annual Lease
Property Features
Cooling: Central Air
Current Use: Residential
Heating: Central
Listing Terms: Cash; Conventional; FHA; USDA Loan; VA Loan
Lot Features: Historic Area
Parking Features: Additional Parking
Possession: Close Of Escrow; Negotiable; Subject To Tenant Rights
Utilities: Electricity Connected; Sewer Connected; Water Connected
Listing Office: LIGHTHOUSE PROPERTY MANAGEMENT & REALTY LLC
Last Updated: June - 09 - 2025
Information deemed reliable but not guaranteed.