Sold

1534 Morgan Street, Jacksonville, FL 32209

Beds
8
Baths
4
Sqft
2,776

View property features, location on map, relevant school information and overview from seller's agent.

Listed byKELLER WILLIAMS FIRST COAST
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Overview

This quadplex in the heart of downtown offers the perfect blend of location, income potential, and versatility. Just steps from restaurants, shops, entertainment, and major employers, it provides both convenience for tenants and a desirable lifestyle for an owner-occupant.

With four spacious units, the property is well-positioned to generate strong rental income, with the potential to achieve a cap rate of up to 13%. Investors will appreciate the steady cash flow and long-term growth, while owner-occupants have the unique opportunity to live in one unit and let the other rentals offset their mortgage.

Whether you're looking to expand your portfolio with a high-performing asset or secure a home that helps pay for itself, this downtown quadplex is a rare find that combines prime location with financial upside.

Location

Full feature list

Basic info

Property type
Multi-family
Number of stories
2
Number of bedrooms
8
Number of bathrooms
4
Square feet
2,776
Lot size (acres)
0.14
Year built
1969

Utilities

Heating
Other
Cooling
Wall/window unit(s)
Sewer
Public sewer
Water
Public

Taxes

Tax Annual Amount (2024)
$3,455.40

Public schools

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Disclaimer: Certain information displayed on this listing has been derived from parties other than Final Offer, LLC. Information provided and their sources have been deemed reliable, but accuracy of information is not guaranteed and therefore should be independently verified.

Sourced from: realMLS (Northeast Florida Multiple Listing Service) MLS®#: 2109815 Last checked:

The data relating to real estate for sale on this website comes in part from the Internet Data Exchange (IDX) program of the Northeast Florida Multiple Listing Service, Inc. Real estate listings held by brokerage firms other than KELLER WILLIAMS FIRST COAST are marked with the listing broker's name and detailed information about such listings includes the name of the listing brokers. Data provided is deemed reliable but is not guaranteed. The data relating to real estate for sale on this website comes in part from the Northeast Florida Multiple Listing Service, Inc. The information being provided is for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed. Copyright © 2024 Northeast Florida Multiple Listing Service, Inc. All Rights Reserved.