2979 DOWNING Street, Jacksonville, FL 32205

$695,000
Property Type: Residential Income Bedrooms: 4 Baths: 4 Square Footage: 3,284 Lot Size (sq. ft.): 7,405 Status: Pending
Current Price: $695,000 List Date: 4/02/2025 Last Modified: 5/02/2025

Description

Rare opportunity to own this 4 unit brick apartment complex in Riverside! All 4 units are spacious 1 bedroom, open and airy layout with in unit laundry and plenty of storage. 2 Units totally updated, New kitchen cabinets, granite countertop and Luxury vinyl floor All units have private entry thru the front and back. Plenty of parking. Excellent location close to Riverside 5 points and downtown Avondale. Tenants pay electricity and water. Great property to add to your real estate portfolio!

More Information MLS# 2079349

Contract Information

Current Price: $695,000 List Price: $695,000 Status: Pending Listing Contract Date: 2025-03-28 Property Sub Type: Quadruplex

Location Tax and Legal

Street Number: 2979 Street Name: DOWNING Street Suffix: Street County: Duval State: FL Postal Code: 32205 Subdivision Name: Riverside MLS Area Major: 032-Avondale

General Property Information

Number Of Buildings: 1 Number Of Units Total: 4 Bedrooms Total: 4 Bathrooms Total: 4 Bathrooms Full: 4 Living Area: 3284 Living Area Source: Estimated New Construction YN: No Year Built: 1947 Garage YN: No Carport YN: No Parking Total: 10 Lot Size Acres: 0.17 Association YN: No CDD Fee YN: No Pool Private YN: No Water Body Access YN: No Waterfront YN: No Furnished: Unfurnished Stories Total: 2 Entry Level: 1 Directions: take I-295 N, take Exit 10: US-17 N/Roosevelt BLVD in 9 Miles Turn right onto McKinlay Ct in 400 feet turn right onto McDuff Ave.S in 0.1 miles turn Left onto Downing St. Your destiny is in your left. Public Remarks: Rare opportunity to own this 4 unit brick apartment complex in Riverside! All 4 units are spacious 1 bedroom, open and airy layout with in unit laundry and plenty of storage. 2 Units totally updated, New kitchen cabinets, granite countertop and Luxury vinyl floor All units have private entry thru the front and back. Plenty of parking. Excellent location close to Riverside 5 points and downtown Avondale. Tenants pay electricity and water. Great property to add to your real estate portfolio! List Price/SqFt: 211.63

Status Change Information

Major Change Timestamp: 2025-05-02T15:55:37Z Major Change Type: Status Change Price Change Timestamp: 2025-04-18T21:25:21Z Purchase Contract Date: 2025-04-30

Income and Expenses

Gross Income: 4650 Operating Expense: 425

Unit 1 Details

Unit ID: #1 Actual Rent: 1200 Unit SqFt: 700 Beds Total: 1 Full Baths Total: 1 Furnished: Unfurnished Unit Remarks: Beautifully renovated 1 bed 1 bath apartment.

Unit 2 Details

Unit ID: #2 Actual Rent: 1250 Unit SqFt: 700 Beds Total: 1 Full Baths Total: 1 Furnished: Unfurnished Unit Remarks: Beautifully renovated 1 bed 1 bath apartment.

Unit 3 Details

Unit ID: #3 Actual Rent: 1000 Unit SqFt: 700 Beds Total: 1 Full Baths Total: 1 Furnished: Unfurnished Unit Remarks: Perfect Location 1 Bed 1 Bath apartment.

Unit 4 Details

Unit ID: #4 Actual Rent: 1150 Unit SqFt: 700 Beds Total: 1 Full Baths Total: 1 Furnished: Unfurnished Unit Remarks: Perfect Location 1 Bed 1 Bath apartment.

Property Features

Appliances: Dryer; Electric Range; Microwave; Refrigerator; Washer Construction Materials: Brick Cooling: Central Air Current Use: Multi-Family; Residential Flooring: Tile; Vinyl; Wood Heating: Central; Hot Water; Separate Meters Income Includes: Rent Only Laundry Features: In Unit Levels: Two Listing Terms: Cash Lot Features: Historic Area Owner Pays: Common Area Maintenance; Pest Control; Trash Collection Parking Features: On Street; Parking Lot Possession: Close Of Escrow Road Surface Type: Asphalt Roof: Shingle Sewer: Public Sewer Tenant Pays: All Utilities Utilities: Electricity Connected; Sewer Connected; Water Connected
Listing Office: FLORIDA HOMES REALTY & MTG LLC
Last Updated: May - 02 - 2025
Information deemed reliable but not guaranteed.