231 E 16TH Street
Jacksonville, FL 32206
MLS# 2139678
Status:
Closed8 beds | 4 baths
Property DescriptionFully renovated quad in the heart of New Springfield--an ideal turnkey addition to any investor's portfolio. Each of the four units has been thoughtfully updated with all-new appliances, modern flooring, and brand-new windows, offering both style and efficiency. Major system upgrades include new gas-powered tankless water heaters, providing long-term reliability and reduced operating costs.
All units are currently leased, delivering immediate, stable cash flow from day one. With no deferred maintenance and strong rental appeal in a growing area, this property offers a rare opportunity for investors seeking a low-maintenance, income-producing asset.
Country: US
Parcel Number: 0447830000
Tax Annual Amount: 5448.54
Tax Year: 2025
Tax Legal Description: 2-69 01-2S-26E NEW SPRINGFIELD LOT 6 BLK 32
Lot Size Acres: 0.12
Bathrooms Half: 0
Living Area: 2762
Number Of Units Total: 4
Living Area Source: Public Records
CDD Fee YN: No
Association YN: No
Waterfront YN: No
Directions: North on Main St, right on 16th east to 231.
Public Remarks: Fully renovated quad in the heart of New Springfield--an ideal turnkey addition to any investor's portfolio. Each of the four units has been thoughtfully updated with all-new appliances, modern flooring, and brand-new windows, offering both style and efficiency. Major system upgrades include new gas-powered tankless water heaters, providing long-term reliability and reduced operating costs.
All units are currently leased, delivering immediate, stable cash flow from day one. With no deferred maintenance and strong rental appeal in a growing area, this property offers a rare opportunity for investors seeking a low-maintenance, income-producing asset.
Accessibility Features YN: No
New Construction YN: No
Garage YN: No
Carport YN: No
Pool Private YN: No
Furnished: Unfurnished
Stories: 1
Stories Total: 2
Parking Total: 0
Water Body Access YN: No
List Price/SqFt: 180.99
Sold Price/SqFt: 174.69
Bedrooms Total: 8
Bathrooms Total: 4
Bathrooms Full: 4
Year Built: 1960
Accessory Dwelling Unit Y/N: No
Property Attached YN: Yes
Electric Range: 1
Microwave: 1
Refrigerator: 1
Tankless Water Heater: 1
Subject To Tenant Rights: 1
Unit ID: 1
Actual Rent: 1100
Unit SqFt: 690
Beds Total: 2
Full Baths Total: 1
Furnished: Unfurnished
Unit Remarks: Leased 3/4/26- 3/3/27
Unit ID: 2
Actual Rent: 900
Unit SqFt: 690
Beds Total: 2
Full Baths Total: 1
Furnished: Unfurnished
Unit Remarks: Leased 5/29/22, now m2m
Unit ID: 3
Actual Rent: 1150
Unit SqFt: 690
Beds Total: 2
Full Baths Total: 1
Furnished: Unfurnished
Unit Remarks: Leased 1/1/23, now m2m, includes all utilities
Unit ID: 4
Actual Rent: 1050
Unit SqFt: 690
Beds Total: 2
Full Baths Total: 1
Furnished: Unfurnished
Unit Remarks: Lease begins 4/20/26
Cable Connected: 1
Electricity Connected: 1
Natural Gas Connected: 1
Sewer Connected: 1
Financing: 1
Inspection: 1
Current Price: $482,500
Sold Price: $482,500
Status: Closed
Listing Contract Date: 2026-04-11
Property Sub Type: Quadruplex
Street Number: 231
Street Direction Prefix: E
Street Name: 16TH
Street Suffix: Street
Postal Code: 32206
Subdivision Name: New Springfield
MLS Area Major: 076-Downtown Jacksonville-Eastside
Major Change Timestamp: 2026-05-29T21:02:44Z
Major Change Type: Status Change
Purchase Contract Date: 2026-04-14
Close Date: 2026-05-29
Appliances: Electric Range; Microwave; Refrigerator; Tankless Water Heater; Washer/Dryer Stacked
Construction Materials: Block
Current Use: Multi-Family
Laundry Features: In Unit
Listing Terms: Cash; Conventional; FHA; VA Loan
Parking Features: On Street
Possession: Subject To Tenant Rights
Road Frontage Type: City Street
Road Surface Type: Asphalt
Tenant Pays: All Utilities
Utilities: Cable Connected; Electricity Connected; Natural Gas Connected; Sewer Connected; Water Connected
Contingency Reason: Financing; Inspection
Listing Office: NOMAD REALTY
Last Updated: May - 29 - 2026
Information deemed reliable but not guaranteed.
