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
Listing Office: US REALTY HUB
Last Updated: April - 29 - 2025
Information deemed reliable but not guaranteed.