$500,000
1204 CHERRY Street
Jacksonville, FL 32205
MLS# 2159472
8 beds  |  4 baths


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Property Description
Rare investment opportunity with 2 duplexes on a single parcel (4 total units 1204/1206 Cherry St and 2858/2860 Olga Pl) featuring permitted roofs (2021 & 2016) and window A/C units. Fully occupied with strong rental history. Professionally managed, with 3 months of free management for the new owner. Can be purchased individually or as part of a larger portfolio including 2501 Myra St Triplex, 1717 Lindsey Rd - 9 units offering investors multiple income streams and long-term growth potential in a highly desirable rental market. Do not disturb the tenants in the other units. Rents: 1204 Cherry- $1085, 1206 Cherry - $1050, 2858 olga - $1045, 2860 Olga - $1145. No Sub, no seller finance

Details
Location, Tax, and Legal
Country: US
Parcel Number: 0645250000
Tax Annual Amount: 11427.93
Tax Year: 2025
Tax Legal Description: 3-54 21-2S-26E .181 NEW RIVERSIDE PT LOT 1 RECD O/
General Property Information
Lot Size Acres: 0.21
Bathrooms Half: 0
Living Area: 3298
Number Of Units Total: 4
CDD Fee YN: No
Waterfront YN: No
Directions: Take Park St to Right onto Cherry St. Property on the Left on the corner of Cherry and Olga.
Public Remarks: Rare investment opportunity with 2 duplexes on a single parcel (4 total units 1204/1206 Cherry St and 2858/2860 Olga Pl) featuring permitted roofs (2021 & 2016) and window A/C units. Fully occupied with strong rental history. Professionally managed, with 3 months of free management for the new owner. Can be purchased individually or as part of a larger portfolio including 2501 Myra St Triplex, 1717 Lindsey Rd - 9 units offering investors multiple income streams and long-term growth potential in a highly desirable rental market. Do not disturb the tenants in the other units. Rents: 1204 Cherry- $1085, 1206 Cherry - $1050, 2858 olga - $1045, 2860 Olga - $1145. No Sub, no seller finance
Accessibility Features YN: No
New Construction YN: No
Garage YN: No
Carport YN: No
Pool Private YN: No
Water Body Access YN: No
List Price/SqFt: 151.61
Bedrooms Total: 8
Bathrooms Total: 4
Bathrooms Full: 4
Year Built: 1946
Currently Not Used
Accessory Dwelling Unit Y/N: No
Property Attached YN: No
yn11: No
Cooling
Wall/Window Unit(s): 1
Current Use
Investment: 1
Multi-Family: 1
Heating
Varies by Unit: 1
Listing Terms
Cash: 1
Conventional: 1
Lot Features
Other: 1
Parking Features
Off Street: 1
On Street: 1
Possession
Close Of Escrow: 1
Subject To Tenant Rights: 1
Unit 1 Details
Unit ID: 1204
Actual Rent: 1085
Unit SqFt: 854
Beds Total: 2
Full Baths Total: 1
Furnished: Unfurnished
Unit Remarks: Lease end 8/31/26
Unit 2 Details
Unit ID: 1206
Actual Rent: 1050
Unit SqFt: 854
Beds Total: 2
Full Baths Total: 1
Furnished: Unfurnished
Unit Remarks: Lease end 9/30/26
Unit 3 Details
Unit ID: 2858 olga
Actual Rent: 1045
Unit SqFt: 816
Beds Total: 2
Full Baths Total: 1
Furnished: Unfurnished
Unit Remarks: Lease end 5/30/27
Unit 4 Details
Unit ID: 2060 olga
Actual Rent: 1145
Unit SqFt: 816
Beds Total: 2
Full Baths Total: 1
Furnished: Unfurnished
Unit Remarks: lease end 10-31-2026
Utilities
Cable Available: 1
Electricity Available: 1
Sewer Available: 1
Water Available: 1
Contract Information
Current Price: $500,000
List Price: $500,000
Status: Active
Listing Contract Date: 2026-08-10
Property Sub Type: Quadruplex
Location Tax and Legal
Street Number: 1204
Street Name: CHERRY
Street Suffix: Street
County: Duval
State: FL
Postal Code: 32205
Subdivision Name: New Riverside
MLS Area Major: 032-Avondale
Status Change Information
Major Change Timestamp: 2026-08-10T19:19:14Z
Major Change Type: New Listing
Property Features
Cooling: Wall/Window Unit(s)
Current Use: Investment; Multi-Family
Heating: Varies by Unit
Listing Terms: Cash; Conventional
Lot Features: Other
Parking Features: Off Street; On Street
Possession: Close Of Escrow; Subject To Tenant Rights
Utilities: Cable Available; Electricity Available; Sewer Available; Water Available

Listing Office: THIRDSTONE PROPERTIES LLC
Source MLS Verified

Last Updated: August - 10 - 2026

Information deemed reliable but not guaranteed.