316 IVY Street, Jacksonville, FL 32206 (MLS# 2143570)

$99,500

316 IVY Street
Jacksonville, FL 32206
MLS# 2143570
3 beds | 2 baths

1 / 12

Property Description
Investor Special!! Cash Flowing Rental with Upside Potential! Currently occupied with a long-term Section 8 tenant in place for over 20-years. Monthly rent is $1461 producing $17,532 annually. Estimated cap rate is approximately 17.6% at current asking price. Spacious living room with separate dining area. Functional kitchen layout. Washer and Dryer hookups. Property will require repairs and updates and is priced accordingly. Ideal opportunity for investors looking for a value-add property. Opportunity to improve condition and potentially increase rents over time. Immediate income-producing property with stable occupancy. Do not disturb tenant. Showings by appointment only. Owner is a licensed real estate broker.

Details

Contract Information

Property Attached YN: No

Current Price: $99,500

Property Sub Type: Single Family Residence

Status: Active

List Price: $99,500

Listing Contract Date: 2026-05-05

Location, Tax, and Legal

Country: US

Parcel Number: 0877130000

Tax Annual Amount: 1739.8

Tax Year: 2025

Tax Legal Description: 5-38 39-1S-26E .13 BRENTWOOD PT LOTS 2 3 PT CLSD A

General Property Information

Lot Size Acres: 0.13

Bathrooms Half: 1

Living Area: 1302

Living Area Source: Assessor

CDD Fee YN: No

Accessory Dwelling Unit Y/N: No

Association YN: No

Homestead YN: No

Waterfront YN: No

Senior Community YN: No

Directions: MLK to Pearl St. North of Pearl then left on Ivy.

Public Remarks: Investor Special!! Cash Flowing Rental with Upside Potential! Currently occupied with a long-term Section 8 tenant in place for over 20-years. Monthly rent is $1461 producing $17,532 annually. Estimated cap rate is approximately 17.6% at current asking price. Spacious living room with separate dining area. Functional kitchen layout. Washer and Dryer hookups. Property will require repairs and updates and is priced accordingly. Ideal opportunity for investors looking for a value-add property. Opportunity to improve condition and potentially increase rents over time. Immediate income-producing property with stable occupancy. Do not disturb tenant. Showings by appointment only. Owner is a licensed real estate broker.

Accessibility Features YN: No

New Construction YN: No

Garage YN: No

Carport YN: No

Pool Private YN: No

Water Body Access YN: No

Stories: 1

List Price/SqFt: 76.42

Bedrooms Total: 3

Bathrooms Full: 1

Bathrooms Total: 2

Year Built: 1924

Appliances

Electric Oven: 1

Refrigerator: 1

Cooling

Central Air: 1

Current Use

Residential: 1

Heating

Central: 1

Listing Terms

Cash: 1

Parking Features

On Street: 1

Possession

Close Of Escrow: 1

Sewer

Public Sewer: 1

Utilities

Electricity Connected: 1

Sewer Connected: 1

Water Connected: 1

Water Source

Public: 1

DPR Eligible

DPR Eligible: Yes

Location Tax and Legal

Street Number: 316

Street Name: IVY

Street Suffix: Street

County: Duval

State: FL

Postal Code: 32206

MLS Area Major: 071-Brentwood/Evergreen

Subdivision Name: Brentwood

Status Change Information

Major Change Timestamp: 2026-05-05T18:53:03Z

Major Change Type: New Listing

Property Features

Appliances: Electric Oven; Refrigerator

Utilities: Electricity Connected; Sewer Connected; Water Connected

Cooling: Central Air

Heating: Central

Water Source: Public

Sewer: Public Sewer

Parking Features: On Street

Current Use: Residential

Possession: Close Of Escrow

Listing Terms: Cash

Listing Office: JAX INVEST REALTY LLC

Last Updated: May - 05 - 2026

Information deemed reliable but not guaranteed.