1129 GROTHE Street
Jacksonville, FL 32209
MLS# 2157158
7 beds | 4 baths
Property Description**Investor Opportunity! Income-Producing Multi-Family Property**
Attention investors! Don't miss this exceptional opportunity to add a spacious **7-bedroom, 4-bathroom multi-family property** to your portfolio, thoughtfully configured as a **4-bedroom, 2-bathroom unit on one floor and a 3-bedroom, 2-bathroom unit on the other floor**. This desirable layout offers strong rental appeal and excellent income-producing potential in a market with consistent demand.
Whether you're a seasoned investor looking to expand your portfolio or a buyer interested in house hacking by living in one unit while renting out the other, this property provides flexibility, privacy, and long-term value. The well-balanced unit mix allows for strong rental positioning, with each floor offering comfortable living space that appeals to quality tenants and supports competitive rental rates.
Property Attached YN: Yes
Current Price: $195,000
Property Sub Type: Single Family Residence
Status: Active
List Price: $195,000
Listing Contract Date: 2026-07-26
Country: US
Parcel Number: 0538030000
Tax Annual Amount: 3332.73
Tax Year: 2025
Tax Legal Description: 2-79 11-2S-26E 0.084 BARNETTS S/D LOT 2 N 10FT LOT
Lot Size Acres: 0.08
Bathrooms Half: 0
Living Area: 3160
Living Area Source: Public Records
CDD Fee YN: No
Accessory Dwelling Unit Y/N: No
Association YN: No
Homestead YN: Yes
Waterfront YN: No
Senior Community YN: No
Directions: Exit the parking lot toward Adams St
Turn right onto Adams St, Turn right onto Ocean St, Use the left 2 lanes to turn left onto US-17 S/E State St, Continue to follow US-17 S, Continue straight onto US-23 N/Kings Rd, Turn right onto Myrtle Ave N, Turn right onto Grothe St Destination will be on the left
Public Remarks: **Investor Opportunity! Income-Producing Multi-Family Property**
Attention investors! Don't miss this exceptional opportunity to add a spacious **7-bedroom, 4-bathroom multi-family property** to your portfolio, thoughtfully configured as a **4-bedroom, 2-bathroom unit on one floor and a 3-bedroom, 2-bathroom unit on the other floor**. This desirable layout offers strong rental appeal and excellent income-producing potential in a market with consistent demand.
Whether you're a seasoned investor looking to expand your portfolio or a buyer interested in house hacking by living in one unit while renting out the other, this property provides flexibility, privacy, and long-term value. The well-balanced unit mix allows for strong rental positioning, with each floor offering comfortable living space that appeals to quality tenants and supports competitive rental rates.
Accessibility Features YN: No
New Construction YN: No
Garage YN: No
Carport YN: No
Pool Private YN: No
Water Body Access YN: No
Stories: 2
List Price/SqFt: 61.71
Bedrooms Total: 7
Bathrooms Full: 4
Bathrooms Total: 4
Year Built: 1915
Convection Oven: 1
Microwave: 1
Central Air: 1
Wall/Window Unit(s): 1
Central: 1
Separate Meters: 1
Cable Available: 1
Electricity Available: 1
Electricity Connected: 1
Sewer Connected: 1
Water Available: 1
Water Connected: 1
Street Number: 1129
Street Name: GROTHE
Street Suffix: Street
County: Duval
State: FL
Postal Code: 32209
MLS Area Major: 075-Trout River/College Park/Ribault Manor
Subdivision Name: Not Validd
Major Change Timestamp: 2026-07-26T21:31:27Z
Major Change Type: New Listing
Architectural Style: A-Frame
Property Condition: Updated/Remodeled
Rental Restrictions: No Minimum
Appliances: Convection Oven; Microwave; Refrigerator
Laundry Features: Electric Dryer Hookup
Utilities: Cable Available; Electricity Available; Electricity Connected; Sewer Connected; Water Available; Water Connected
Cooling: Central Air; Wall/Window Unit(s)
Heating: Central; Separate Meters
Construction Materials: Vinyl Siding
Exterior Features: Balcony
Patio And Porch Features: Front Porch
Parking Features: Off Street
Current Use: Multi-Family
Community Features: Street Lights
Road Frontage Type: City Street
Road Surface Type: Asphalt
Possession: Close Of Escrow
**Investor Opportunity! Income-Producing Multi-Family Property**
Attention investors! Don't miss this exceptional opportunity to add a spacious **7-bedroom, 4-bathroom multi-family property** to your portfolio, thoughtfully configured as a **4-bedroom, 2-bathroom unit on one floor and a 3-bedroom, 2-bathroom unit on the other floor**. This desirable layout offers strong rental appeal and excellent income-producing potential in a market with consistent demand.
Whether you're a seasoned investor looking to expand your portfolio or a buyer interested in house hacking by living in one unit while renting out the other, this property provides flexibility, privacy, and long-term value. The well-balanced unit mix allows for strong rental positioning, with each floor offering comfortable living space that appeals to quality tenants and supports competitive rental rates.
With the right rental strategy, this property has the potential to generate strong monthly cash flow and solid long-term returns. Investors can analyze market rents, operating expenses, and financing options to determine overall profitability and potential cap rate based on local conditions.
Conveniently located near schools, shopping, public transportation, major highways, and employment centers, this property is ideally situated to attract reliable tenants and maintain strong occupancy rates.
Schedule your private showing today and explore the income potential and versatility this outstanding investment opportunity has to offer!
Listing Office: ZALLOUM REALTY LLC
Last Updated: July - 26 - 2026
Information deemed reliable but not guaranteed.
