1616 W 36TH Street, 1-4, Jacksonville, FL 32209

New Listing
$400,000
Property Type: Residential Income Bedrooms: 8 Baths: 5 Square Footage: 2,704 Lot Size (sq. ft.): 4,792 Status: Active
Current Price: $400,000 List Date: 6/15/2025 Last Modified: 6/15/2025

Description

Seize this rare chance to acquire a fully remodeled, Section 8 qualified quadplex with immediate income and long-term upside. Each of the four 2-bedroom, 1-bath units has been thoughtfully updated with modern finishes and quality materials, ensuring low maintenance and tenant satisfaction. The property is 100% occupied, offering stable cash flow from day one. All current leases are approaching renewal, providing an excellent opportunity to adjust rents to market rate and significantly boost returns. Situated in a high-demand rental area, this asset is ideal for both new and seasoned investors seeking reliable, government-backed income. Don't miss out on this cash-flowing gem—perfectly positioned for appreciation and increased revenue. Contact us today to add this solid performer to your portfolio!

More Information MLS# 2093418

Contract Information

Current Price: $400,000 List Price: $400,000 Status: Active Listing Contract Date: 2025-06-14 Property Sub Type: Quadruplex

Location Tax and Legal

Street Number: 1616 Street Direction Prefix: W Street Name: 36TH Street Suffix: Street County: Duval State: FL Postal Code: 32209 Subdivision Name: Royal Terrace MLS Area Major: 075-Trout River/College Park/Ribault Manor

General Property Information

Number Of Units Total: 4 Bedrooms Total: 8 Bathrooms Total: 5 Bathrooms Full: 5 Living Area: 2704 Accessibility Features YN: No New Construction YN: No Year Built: 1966 Garage YN: No Carport YN: No Lot Size Acres: 0.11 Association YN: No CDD Fee YN: No Pool Private YN: No Water Body Access YN: No Waterfront YN: No Furnished: Unfurnished Stories Total: 2 Stories: 2 Directions: From 20th St express way head North on Moncreif to left on W 36th and property is on left Public Remarks: Seize this rare chance to acquire a fully remodeled, Section 8 qualified quadplex with immediate income and long-term upside. Each of the four 2-bedroom, 1-bath units has been thoughtfully updated with modern finishes and quality materials, ensuring low maintenance and tenant satisfaction. The property is 100% occupied, offering stable cash flow from day one. All current leases are approaching renewal, providing an excellent opportunity to adjust rents to market rate and significantly boost returns. Situated in a high-demand rental area, this asset is ideal for both new and seasoned investors seeking reliable, government-backed income. Don't miss out on this cash-flowing gem—perfectly positioned for appreciation and increased revenue. Contact us today to add this solid performer to your portfolio! List Price/SqFt: 147.93

Status Change Information

Major Change Timestamp: 2025-06-15T01:18:07Z Major Change Type: New Listing

Currently Not Used

Property Attached YN: Yes yn11: No

Unit 1 Details

Unit ID: 1 Actual Rent: 800 Unit SqFt: 800 Beds Total: 2 Full Baths Total: 2 Furnished: Unfurnished Unit Remarks: occupied

Unit 2 Details

Unit ID: 2 Actual Rent: 800 Unit SqFt: 800 Beds Total: 2 Full Baths Total: 1 Furnished: Unfurnished Unit Remarks: occupied

Unit 3 Details

Unit ID: 3 Actual Rent: 800 Unit SqFt: 800 Beds Total: 2 Full Baths Total: 1 Furnished: Unfurnished Unit Remarks: occupied

Unit 4 Details

Unit ID: 4 Actual Rent: 800 Unit SqFt: 800 Beds Total: 2 Full Baths Total: 1 Furnished: Unfurnished Unit Remarks: occupied

Property Features

Construction Materials: Block Cooling: Varies by Unit; Wall/Window Unit(s) Current Use: Investment Heating: Electric; Varies by Unit Listing Terms: Cash; Conventional Lot Features: Other Parking Features: Unassigned Possession: Close Of Escrow Showing Requirements: Other Utilities: Electricity Connected; Water Connected
Listing Office: GAILEY ENTERPRISES LLC
Last Updated: June - 15 - 2025
Information deemed reliable but not guaranteed.