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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.