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1585 W 31ST Street, Jacksonville, FL 32209
$139,900





























Property Type:
Residential
Bedrooms:
4
Baths:
2
Square Footage:
1,428
Lot Size (sq. ft.):
5,227
Status:
Active Under Contract
Current Price:
$139,900
List Date:
4/18/2025
Last Modified:
4/29/2025
Description
INVESTOR ALERT! Discover this move-in ready 4 bedroom, 2 bathroom gem with all systems in pristine condition—perfect for savvy investors seeking instant rental income. Every appliance stays, including washer and dryer, allowing you to place tenants immediately without additional expenses. Strategically positioned in a high-demand Jacksonville rental market, this property delivers exceptional returns that consistently beat the 1% rule with standard tenants, and approaches an impressive 1.5% with Section 8. Don't miss this turnkey opportunity combining steady cash flow with solid long-term appreciation potential!
More Information MLS# 2082620
Contract Information
Current Price: $139,900
Property Sub Type: Single Family Residence
Property Attached YN: No
Status: Active Under Contract
List Price: $139,900
Listing Contract Date: 2025-04-17
Location Tax and Legal
Street Number: 1585
Street Direction Prefix: W
Street Name: 31ST
Street Suffix: Street
County: Duval
State: FL
Postal Code: 32209
MLS Area Major: 075-Trout River/College Park/Ribault Manor
Subdivision Name: Royal Terrace
General Property Information
Bedrooms Total: 4
Bathrooms Full: 2
Bathrooms Total: 2
Living Area: 1428
Living Area Source: Assessor
Year Built: 1960
Lot Size Acres: 0.12
Association YN: No
CDD Fee YN: No
Accessibility Features YN: No
New Construction YN: No
Garage YN: No
Carport YN: No
Waterfront YN: No
Stories: 1
Senior Community YN: No
Direction Faces: South
Directions: From downtown Jacksonville, head west on Beaver St, then turn right onto Myrtle Ave. Continue north about 2 miles, then turn left onto W 31st St, where the property will be on your right.
Public Remarks: INVESTOR ALERT! Discover this move-in ready 4 bedroom, 2 bathroom gem with all systems in pristine condition—perfect for savvy investors seeking instant rental income. Every appliance stays, including washer and dryer, allowing you to place tenants immediately without additional expenses. Strategically positioned in a high-demand Jacksonville rental market, this property delivers exceptional returns that consistently beat the 1% rule with standard tenants, and approaches an impressive 1.5% with Section 8. Don't miss this turnkey opportunity combining steady cash flow with solid long-term appreciation potential!
List Price/SqFt: 97.97
Status Change Information
Major Change Timestamp: 2025-04-29T22:24:19Z
Major Change Type: Status Change
Contingency: Active Under Contract
Contingent Date: 2025-04-27
DPR Eligible
DPR Eligible: Yes
Property Features
Levels: One
Appliances: Dryer; Electric Range; Refrigerator; Washer
Flooring: Laminate
Utilities: Electricity Connected; Sewer Connected; Water Connected
Cooling: Central Air
Heating: Heat Pump
Water Source: Public
Sewer: Public Sewer
Security Features: Smoke Detector(s)
Construction Materials: Wood Siding
Roof: Shingle
Parking Features: Off Street
Fencing: Chain Link
Current Use: Residential; Single Family
Road Surface Type: Asphalt
Possession: Close Of Escrow
Listing Terms: Cash; Conventional; FHA; VA Loan
Contingency Reason: Inspection
Documents
Listing Office: US REALTY HUB
Last Updated: April - 29 - 2025
Information deemed reliable but not guaranteed.