931 RUBEL Street
Jacksonville, FL 32205
MLS# 2151628
16 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: 0646050000
Tax Annual Amount: 26872.75
Tax Year: 2025
Tax Legal Description: 6-5 21-2S-26E .143 NEW RIVERSIDE 1ST ADDN LOT 11 B
Lot Size Acres: 0.16
Bathrooms Half: 0
Living Area: 7678
Number Of Units Total: 16
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 931 Rubel 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: No
Pool Private YN: No
Stories Total: 2
Water Body Access YN: No
List Price/SqFt: 182.21
Bathrooms Total: 16
Bathrooms Full: 16
Accessory Dwelling Unit Y/N: No
Property Attached YN: No
Investment: 1
Multi-Family: 1
Corner Lot: 1
Few Trees: 1
Close Of Escrow: 1
Subject To Tenant Rights: 1
Unit ID: 1
Actual Rent: 1095
Unit SqFt: 480
Full Baths Total: 1
Furnished: Unfurnished
Unit Remarks: Expires 11/30/2026
Unit ID: 2
Actual Rent: 944.05
Unit SqFt: 480
Full Baths Total: 1
Furnished: Unfurnished
Unit Remarks: Expires 10/31/2026
Unit ID: 3
Actual Rent: 980
Unit SqFt: 480
Full Baths Total: 1
Furnished: Unfurnished
Unit Remarks: Expires 10/31/2026
Unit ID: 4
Actual Rent: 985
Unit SqFt: 480
Full Baths Total: 1
Furnished: Unfurnished
Unit Remarks: Expires 05/31/2026
Unit ID: 5
Actual Rent: 955
Unit SqFt: 480
Full Baths Total: 1
Furnished: Unfurnished
Unit Remarks: Expires 03/31/2027
Unit ID: 6
Actual Rent: 955
Unit SqFt: 480
Full Baths Total: 1
Furnished: Unfurnished
Unit Remarks: Expires 08/31/2026
Unit ID: 7
Actual Rent: 955
Unit SqFt: 480
Full Baths Total: 1
Furnished: Unfurnished
Unit Remarks: Expires 09/30/2026
Unit ID: 8-16
Actual Rent: 7949.05
Unit SqFt: 4320
Full Baths Total: 9
Furnished: Unfurnished
Unit Remarks: Expirations vary
Electricity Connected: 1
Separate Electric Meters: 1
Separate Water Meters: 1
Sewer Connected: 1
Current Price: $1,399,000
List Price: $1,399,000
Status: Active
Listing Contract Date: 2026-06-21
Property Sub Type: Multi Family
Street Number: 931
Street Name: RUBEL
Street Suffix: Street
County: Duval
State: FL
Postal Code: 32205
Subdivision Name: New Riverside
MLS Area Major: 031-Riverside
Major Change Timestamp: 2026-06-21T22:00:52Z
Major Change Type: New Listing
Current Use: Investment; Multi-Family; Residential
Listing Terms: Cash; Conventional
Lot Features: Corner Lot; Few Trees; Historic Area
Parking Features: On Street
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.