$1,399,000
931 RUBEL Street
Jacksonville, FL 32205
MLS# 2151628
16 baths


Exterior Aerial
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Property Description
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.

Details
Location, Tax, and Legal
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
General Property Information
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
Year Built: 1928
Currently Not Used
Accessory Dwelling Unit Y/N: No
Property Attached YN: No
yn11: No
Cooling
Central Air: 1
Current Use
Investment: 1
Multi-Family: 1
Residential: 1
Heating
Central: 1
Listing Terms
Cash: 1
Conventional: 1
Lot Features
Corner Lot: 1
Few Trees: 1
Historic Area: 1
Parking Features
On Street: 1
Possession
Close Of Escrow: 1
Subject To Tenant Rights: 1
Unit 1 Details
Unit ID: 1
Actual Rent: 1095
Unit SqFt: 480
Full Baths Total: 1
Furnished: Unfurnished
Unit Remarks: Expires 11/30/2026
Unit 2 Details
Unit ID: 2
Actual Rent: 944.05
Unit SqFt: 480
Full Baths Total: 1
Furnished: Unfurnished
Unit Remarks: Expires 10/31/2026
Unit 3 Details
Unit ID: 3
Actual Rent: 980
Unit SqFt: 480
Full Baths Total: 1
Furnished: Unfurnished
Unit Remarks: Expires 10/31/2026
Unit 4 Details
Unit ID: 4
Actual Rent: 985
Unit SqFt: 480
Full Baths Total: 1
Furnished: Unfurnished
Unit Remarks: Expires 05/31/2026
Unit 5 Details
Unit ID: 5
Actual Rent: 955
Unit SqFt: 480
Full Baths Total: 1
Furnished: Unfurnished
Unit Remarks: Expires 03/31/2027
Unit 6 Details
Unit ID: 6
Actual Rent: 955
Unit SqFt: 480
Full Baths Total: 1
Furnished: Unfurnished
Unit Remarks: Expires 08/31/2026
Unit 7 Details
Unit ID: 7
Actual Rent: 955
Unit SqFt: 480
Full Baths Total: 1
Furnished: Unfurnished
Unit Remarks: Expires 09/30/2026
Unit 8 Details
Unit ID: 8-16
Actual Rent: 7949.05
Unit SqFt: 4320
Full Baths Total: 9
Furnished: Unfurnished
Unit Remarks: Expirations vary
Utilities
Electricity Connected: 1
Separate Electric Meters: 1
Separate Water Meters: 1
Sewer Connected: 1
Water Connected: 1
Contract Information
Current Price: $1,399,000
List Price: $1,399,000
Status: Active
Listing Contract Date: 2026-06-21
Property Sub Type: Multi Family
Location Tax and Legal
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
Status Change Information
Major Change Timestamp: 2026-06-21T22:00:52Z
Major Change Type: New Listing
Property Features
Cooling: Central Air
Current Use: Investment; Multi-Family; Residential
Heating: Central
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
Source MLS Verified

Last Updated: June - 21 - 2026

Information deemed reliable but not guaranteed.