1778 Spires Ave Jacksonville, FL 32209
College Gardens/Mid-West NeighborhoodEstimated payment $3,167/month
About This Home
Incredible investment opportunity in Jacksonville, FL! This multifamily property at 1778 Spires Avenue boasts 6 units across two buildings - a quadruplex and a duplex - all currently rented and generating cash flow. Total rents of $5,695/mo offer immediate returns. Each unit has undergone extensive rehab, including electrical, plumbing, AC, flooring, and paint. Situated on public utilities with a Residential Mixed zoning, this property is a solid addition to any portfolio. Please respect tenants' privacy and do not disturb. Please visit the property prior to making an offer. Seller is not considering seller or creative financing,
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $5,519
Year Built
- Built in 1931
Parking
- Off-Street Parking
Interior Spaces
- 4,460 Sq Ft Home
- 2-Story Property
Additional Features
- 10,454 Sq Ft Lot
- Central Heating and Cooling System
Community Details
- Standish Place Subdivision
- Gross Income $5,695
Listing and Financial Details
- Assessor Parcel Number 0512600000
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2024 | $5,519 | $314,167 | $17,782 | $296,385 |
| 2023 | $5,519 | $316,876 | $17,782 | $299,094 |
| 2022 | $4,683 | $267,635 | $12,976 | $254,659 |
| 2021 | $2,614 | $120,507 | $9,132 | $111,375 |
| 2020 | $1,907 | $81,218 | $7,689 | $73,529 |
| 2019 | $1,781 | $71,659 | $7,209 | $64,450 |
| 2018 | $1,781 | $66,976 | $4,806 | $62,170 |
| 2017 | $1,724 | $64,920 | $4,806 | $60,114 |
| 2016 | $1,621 | $56,385 | $0 | $0 |
| 2015 | $1,576 | $53,025 | $0 | $0 |
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 02/27/2025 02/27/25 | Price Changed | $485,000 | -2.8% | $109 / Sq Ft |
| 01/16/2025 01/16/25 | Price Changed | $499,000 | -3.1% | $112 / Sq Ft |
| 10/01/2024 10/01/24 | Price Changed | $515,000 | -4.5% | $115 / Sq Ft |
| 08/12/2024 08/12/24 | Price Changed | $539,000 | -1.1% | $121 / Sq Ft |
| 06/06/2024 06/06/24 | Price Changed | $544,770 | -2.7% | $122 / Sq Ft |
| 04/17/2024 04/17/24 | For Sale | $560,000 | +882.5% | $126 / Sq Ft |
| 12/17/2023 12/17/23 | Off Market | $57,000 | -- | -- |
| 11/30/2020 11/30/20 | Sold | $145,000 | -8.8% | $47 / Sq Ft |
| 10/24/2020 10/24/20 | Pending | -- | -- | -- |
| 10/18/2020 10/18/20 | Price Changed | $159,000 | -0.6% | $51 / Sq Ft |
| 10/05/2020 10/05/20 | For Sale | $159,900 | +10.3% | $52 / Sq Ft |
| 10/05/2020 10/05/20 | Off Market | $145,000 | -- | -- |
| 09/22/2020 09/22/20 | Price Changed | $189,900 | -5.0% | $61 / Sq Ft |
| 09/10/2020 09/10/20 | For Sale | $199,900 | +250.7% | $65 / Sq Ft |
| 09/27/2018 09/27/18 | Sold | $57,000 | -46.0% | $13 / Sq Ft |
| 08/24/2018 08/24/18 | Pending | -- | -- | -- |
| 08/24/2018 08/24/18 | For Sale | $105,500 | -- | $24 / Sq Ft |
Deed History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $145,000 | Trusted Title | |
| Special Warranty Deed | $57,000 | Reo Title Company Of Florida | |
| Warranty Deed | $42,800 | Attorney | |
| Quit Claim Deed | $30,400 | Estate Title & Trust | |
| Corporate Deed | $52,800 | Lsc Title Inc | |
| Quit Claim Deed | -- | None Available | |
| Warranty Deed | $32,000 | Paragon Title Corp Of Ne Fl |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $45,600 | New Conventional | |
| Previous Owner | $100,000 | Unknown | |
| Previous Owner | $69,550 | Purchase Money Mortgage |
Source: realMLS (Northeast Florida Multiple Listing Service)
MLS Number: 2020394
APN: 051260-0000
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by NEFMLS.
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