2892 COLLEGE Street
Jacksonville, FL 32205
MLS# 2151624
4 beds | 4 baths
Property DescriptionThe Rubel & College Portfolio is a 20-unit, two-property portfolio in Jacksonville's coveted Riverside Historic District. Two masonry multifamily properties at Rubel & College Streets offer a mix of sixteen studios and four one-bedroom units. Ownership invested over $400,000 in interior and systems upgrades, delivering turn-key cash flow with room to grow rents to market.
Every unit features quartz counters, shaker cabinetry, tile finishes, in-unit washer/dryer, and separately metered utilities paid directly by tenants. Most windows have been replaced. Roofs replaced 2017 and 2020. Located approximately one mile from Ascension St. Vincent's Riverside and minutes from Five Points, Brooklyn, and Downtown, the asset sits amid more than $5 billion in announced urban-core development.
Total current monthly revenue totals approximately $21,000 at full occupancy. See current RR.
PRICING ON THIS LISTING IS FOR ONE PROPERTY, HOWEVER BOTH 2892 COLLEGE & 931 RUBEL MUST BE PURCHASED TOGETHER.
Country: US
Parcel Number: 0646060000
Tax Annual Amount: 11134.45
Tax Year: 2025
Tax Legal Description: 6-5 21-2S-26E 1ST ADDN TO NEW RIVERSIDE LOT 12 BLK
Lot Size Acres: 0.14
Bathrooms Half: 0
Living Area: 2828
Number Of Units Total: 4
CDD Fee YN: No
Waterfront YN: No
Directions: From St. Johns Town Center, take Gate Parkway west to I-95 North. Follow I-95 North to Exit 351B (US-1 N/Kings Ave). Turn left onto Kings Avenue and follow it north. Turn left onto College Street. The property will be on your right at 2892 College Street.
Public Remarks: The Rubel & College Portfolio is a 20-unit, two-property portfolio in Jacksonville's coveted Riverside Historic District. Two masonry multifamily properties at Rubel & College Streets offer a mix of sixteen studios and four one-bedroom units. Ownership invested over $400,000 in interior and systems upgrades, delivering turn-key cash flow with room to grow rents to market.
Every unit features quartz counters, shaker cabinetry, tile finishes, in-unit washer/dryer, and separately metered utilities paid directly by tenants. Most windows have been replaced. Roofs replaced 2017 and 2020. Located approximately one mile from Ascension St. Vincent's Riverside and minutes from Five Points, Brooklyn, and Downtown, the asset sits amid more than $5 billion in announced urban-core development.
Total current monthly revenue totals approximately $21,000 at full occupancy. See current RR.
PRICING ON THIS LISTING IS FOR ONE PROPERTY, HOWEVER BOTH 2892 COLLEGE & 931 RUBEL MUST BE PURCHASED TOGETHER.
Accessibility Features YN: No
New Construction YN: No
Garage YN: No
Carport YN: Yes
Carport Spaces: 4
Pool Private YN: No
Stories Total: 2
Water Body Access YN: No
List Price/SqFt: 212.16
Bedrooms Total: 4
Bathrooms Total: 4
Bathrooms Full: 4
Accessory Dwelling Unit Y/N: No
Property Attached YN: No
Investment: 1
Multi-Family: 1
Few Trees: 1
Historic Area: 1
Close Of Escrow: 1
Subject To Tenant Rights: 1
Unit ID: 1
Actual Rent: 1295
Unit SqFt: 707
Beds Total: 1
Full Baths Total: 1
Furnished: Unfurnished
Unit Remarks: Expires 11/30/2026
Unit SqFt: 707
Beds Total: 1
Full Baths Total: 1
Furnished: Unfurnished
Unit ID: 3
Actual Rent: 1244.05
Unit SqFt: 707
Beds Total: 1
Full Baths Total: 1
Furnished: Unfurnished
Unit Remarks: Expires 07/31/2026
Unit ID: 4
Actual Rent: 1264.05
Unit SqFt: 707
Beds Total: 1
Full Baths Total: 1
Furnished: Unfurnished
Unit Remarks: Expires 09/30/2026
Electricity Connected: 1
Separate Electric Meters: 1
Separate Water Meters: 1
Sewer Connected: 1
Current Price: $600,000
List Price: $600,000
Status: Active
Listing Contract Date: 2026-06-21
Property Sub Type: Quadruplex
Street Number: 2892
Street Name: COLLEGE
Street Suffix: Street
County: Duval
State: FL
Postal Code: 32205
Subdivision Name: New Riverside
MLS Area Major: 031-Riverside
Major Change Timestamp: 2026-06-21T20:32:55Z
Major Change Type: New Listing
Current Use: Investment; Multi-Family; Residential
Listing Terms: Cash; Conventional
Lot Features: Few Trees; Historic Area
Parking Features: Detached Carport
Possession: Close Of Escrow; Subject To Tenant Rights
Utilities: Electricity Connected; Separate Electric Meters; Separate Water Meters; Sewer Connected; Water Connected
Listing Office: MCADOO MULTIFAMILY ADVISORS LLC
Last Updated: June - 21 - 2026
Information deemed reliable but not guaranteed.