1628 WALNUT Street
Jacksonville, FL 32206
MLS# 2136378
9 beds | 9 baths
Property DescriptionStellar investment near DT Jax! Fully occupied and turn key. This beautiful 5 unit fully renovated building offers an incredible opportunity to invest in the highly desirable and upwardly mobile Springfield neighborhood. The classic Colonial architecture of 1909 provides attractive curb appeal that is in much demand to potential renters. Both the interior and exterior have recently (2025) undergone an extensive restoration at the same time retaining the enduring style that makes this area so appealing. The building comprises of 4 fully renovated 2/2 units with a huge 1/1 encompassing the entire 3rd floor. The building is 100% occupied, with rents ranging from $1300 to $1350. All the units have been completely renovated with a modern flair and everything brand new including, flooring, kitchen, baths, plumbing, electric, appliances and more. There is air conditioned/heated hallways with communal laundry on the 1st and 2nd floors.
Country: US
Parcel Number: 0723010000
Tax Annual Amount: 10155.69
Tax Year: 2025
Tax Legal Description: 2-4 37-2S-26E .105 SPRINGFIELD N 19.8FT LOT 12 S 2
Number Of Buildings: 1
Lot Size Acres: 0.12
Bathrooms Half: 0
Living Area: 3832
Number Of Units Total: 5
Living Area Source: Estimated
CDD Fee YN: No
Association YN: No
Waterfront YN: No
Directions: Take Main Street North, headed away from Downtown Jacksonville, take a right on East 4th Street. Drive three blocks to Walnut and take a right.
Public Remarks: Stellar investment near DT Jax! Fully occupied and turn key. This beautiful 5 unit fully renovated building offers an incredible opportunity to invest in the highly desirable and upwardly mobile Springfield neighborhood. The classic Colonial architecture of 1909 provides attractive curb appeal that is in much demand to potential renters. Both the interior and exterior have recently (2025) undergone an extensive restoration at the same time retaining the enduring style that makes this area so appealing. The building comprises of 4 fully renovated 2/2 units with a huge 1/1 encompassing the entire 3rd floor. The building is 100% occupied, with rents ranging from $1300 to $1350. All the units have been completely renovated with a modern flair and everything brand new including, flooring, kitchen, baths, plumbing, electric, appliances and more. There is air conditioned/heated hallways with communal laundry on the 1st and 2nd floors.
Accessibility Features YN: No
New Construction YN: No
Garage YN: No
Carport YN: No
Pool Private YN: No
Furnished: Unfurnished
Stories Total: 3
Entry Level: 1
Parking Total: 3
Water Body Access YN: No
List Price/SqFt: 207.46
Bedrooms Total: 9
Bathrooms Total: 9
Bathrooms Full: 9
Year Built: 1909
Accessory Dwelling Unit Y/N: No
Property Attached YN: No
Microwave: 1
Refrigerator: 1
Tankless Water Heater: 1
Washer: 1
Central Air: 1
Wall/Window Unit(s): 1
Multi-Family: 1
Residential: 1
Gross Income: 85020
Net Operating Income: 55115
Common Area: 1
Lower Level: 1
Multiple Locations: 1
Upper Level: 1
Common Area Maintenance: 1
Exterior Maintenance: 1
Grounds Care: 1
Insurance: 1
Management: 1
Pest Control: 1
Additional Parking: 1
On Street: 1
Fire Alarm: 1
Fire Sprinkler System: 1
Programmable Thermostat: 1
Unit ID: 1
Actual Rent: 1300
Unit SqFt: 800
Beds Total: 2
Full Baths Total: 2
Furnished: Unfurnished
Unit ID: 2
Actual Rent: 1325
Unit SqFt: 800
Beds Total: 2
Full Baths Total: 2
Furnished: Unfurnished
Unit ID: 3
Actual Rent: 1350
Unit SqFt: 800
Beds Total: 2
Full Baths Total: 2
Furnished: Unfurnished
Unit ID: 4
Actual Rent: 1350
Unit SqFt: 800
Beds Total: 2
Full Baths Total: 2
Furnished: Unfurnished
Unit ID: 5
Actual Rent: 1300
Unit SqFt: 800
Beds Total: 1
Full Baths Total: 1
Furnished: Unfurnished
Electricity Connected: 1
Sewer Connected: 1
Current Price: $795,000
List Price: $795,000
Status: Active
Listing Contract Date: 2026-03-24
Property Sub Type: Multi Family
Street Number: 1628
Street Name: WALNUT
Street Suffix: Street
County: Duval
State: FL
Postal Code: 32206
Subdivision Name: Springfield
MLS Area Major: 072-Springfield
Major Change Timestamp: 2026-08-07T18:04:04Z
Major Change Type: Back on Market
Appliances: Dishwasher; Disposal; Dryer; Electric Oven; Microwave; Refrigerator; Tankless Water Heater; Washer
Cooling: Central Air; Wall/Window Unit(s)
Current Use: Multi-Family; Residential
Income Includes: Rent Only
Laundry Features: Common Area; Lower Level; Multiple Locations; Upper Level
Listing Terms: Cash; Conventional; Other
Lot Features: Historic Area
Owner Pays: Common Area Maintenance; Exterior Maintenance; Grounds Care; Insurance; Management; Pest Control; Taxes
Parking Features: Additional Parking; On Street
Possession: Close Of Escrow
Road Frontage Type: Alley; City Street
Road Surface Type: Asphalt
Security Features: Fire Alarm; Fire Sprinkler System
Smart Home Features: Programmable Thermostat
Tenant Pays: Electricity; Sewer; Water
Utilities: Electricity Connected; Sewer Connected; Water Connected
1628 Walnut is located within the vibrant community of Springfield just 1 mile north of downtown and amidst the active social scene of the area. Property being offered by owner/agent.
Listing Office: COMPASS FLORIDA LLC
Last Updated: August - 07 - 2026
Information deemed reliable but not guaranteed.
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