2514 Walnut St Jacksonville, FL 32206
Phoenix Neighborhood
8
Beds
4
Baths
4,476
Sq Ft
5,227
Sq Ft Lot
About This Home
As of March 2025Don't miss this positive cash-flowing, fully occupied quadraplex in Jacksonville, FL! This investment property features four HUD-qualified units, allowing for higher-than-current rental income for qualified tenants. Four 2/1 units in total, all 1000+ sqft! Each unit is under a one-year lease, ensuring stable occupancy. The property boasts a new roof installed in May 2022, all units have received work, including refinished hardwood floors in two of the units. All units come equipped with their own washer and dryer, and partially new HVAC systems have been installed. The seller has made all necessary improvements for easy, low-maintenance ownership, allowing you to sit back and enjoy monthly rent checks. Major multi-use developments in the Phoenix Arts District are happening within just a couple of blocks promising a spike in value when completed!
Last Buyer's Agent
JOEL DAVIS
ABOVE BAR REALTY LLC License #3448954
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $6,592
Year Built
- Built in 1924
Parking
- Off-Street Parking
Home Design
- 4,476 Sq Ft Home
- Quadruplex
Bedrooms and Bathrooms
- 8 Bedrooms
- 4 Full Bathrooms
Additional Features
- 5,227 Sq Ft Lot
- Central Heating and Cooling System
Listing and Financial Details
- Assessor Parcel Number 0448670000
Community Details
Overview
- 4 Units
- Springfield Subdivision
Building Details
- Gross Income $48,240
Map
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Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 03/21/2025 03/21/25 | Sold | $445,000 | -11.0% | $99 / Sq Ft |
| 09/13/2024 09/13/24 | For Sale | $500,000 | +30.0% | $112 / Sq Ft |
| 12/17/2023 12/17/23 | Off Market | $384,500 | -- | -- |
| 12/17/2023 12/17/23 | Off Market | $950 | -- | -- |
| 12/16/2022 12/16/22 | Rented | $950 | -4.5% | -- |
| 12/09/2022 12/09/22 | Under Contract | -- | -- | -- |
| 11/18/2022 11/18/22 | For Rent | $995 | 0.0% | -- |
| 06/08/2022 06/08/22 | Sold | $384,500 | +6.8% | $86 / Sq Ft |
| 05/04/2022 05/04/22 | Pending | -- | -- | -- |
| 04/30/2022 04/30/22 | For Sale | $360,000 | -- | $80 / Sq Ft |
Source: realMLS (Northeast Florida Multiple Listing Service)
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 | $6,592 | $311,560 | $7,840 | $303,720 |
| 2023 | $6,592 | $326,760 | $6,534 | $320,226 |
| 2022 | $2,419 | $99,836 | $6,534 | $93,302 |
| 2021 | $2,305 | $90,274 | $6,534 | $83,740 |
| 2020 | $2,272 | $87,872 | $6,534 | $81,338 |
| 2019 | $2,230 | $84,228 | $6,534 | $77,694 |
| 2018 | $2,162 | $79,769 | $6,534 | $73,235 |
| 2017 | $2,087 | $74,744 | $6,534 | $68,210 |
| 2016 | $1,999 | $68,639 | $0 | $0 |
| 2015 | $2,183 | $77,193 | $0 | $0 |
| 2014 | $2,227 | $78,682 | $0 | $0 |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $231,250 | New Conventional | |
| Previous Owner | $204,000 | Unknown | |
| Previous Owner | $66,922 | FHA |
Source: Public Records
Deed History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $100 | None Listed On Document | |
| Warranty Deed | $384,500 | Wright Title & Escrow | |
| Special Warranty Deed | $50,100 | -- | |
| Trustee Deed | -- | -- | |
| Trustee Deed | -- | -- | |
| Warranty Deed | $67,000 | -- |
Source: Public Records
Similar Homes in Jacksonville, FL
Source: realMLS (Northeast Florida Multiple Listing Service)
MLS Number: 2047421
APN: 044867-0000
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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