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1718 Pine Grove Avenue, Jacksonville
$725,000
4 Beds ⋅ 4 Baths ⋅ 2167673 MLS
Historic character, established income and an exceptional location come together in this rare 1924 quadruplex in the heart of the Avondale Historic District. Featuring four 1-bedroom, 1-bath apartments each with historic charm, original hardwood floors, large windows providing abundant natural light, and period architectural details. Select units feature decorative fireplaces, updated kitchens and baths, and private outdoor space. The distinctive front entry is framed by classical columns supporting an upper balcony, while an additional upper porch overlooks the side and rear of the property—inviting spots for tenants to enjoy a morning cup of coffee or unwind at the end of the day. All four units are currently leased, with total scheduled rents of $4,920 per month / $59,040 annually, providing immediate income for the next owner. With major infrastructure improvements already completed, a strong rental history and additional opportunity to enhance the units over time. The building has approximately $42,000 in recent capital improvements, including a complete electrical rewire with four new 100-amp panels, new CPVC water lines and PVC drain lines, exterior painting, kitchen renovations in Units 2 and 3, updated fans and fixtures, and a new shared exterior washer and dryer. The location is one of Pine Grove's greatest assets. Located in one of the most walkable areas of Jacksonville, residents can step out the front door for a stroll in Boone Park or walk a few blocks to the Shoppes of Avondale where they can find neighborhood cafés, restaurants, and boutiques. The St. Johns River is also just a few blocks away, with small neighborhood pocket parks offering places to fish, sit by the water or simply enjoy the view. Outside, the property offers something increasingly hard to find in an urban multifamily investment: a large backyard with mature trees and plenty of room for tenants to enjoy outdoor space. Opportunities to purchase a historic four-unit property in the Avondale Historic District are increasingly rare—particularly one with this combination of location, established income, major recent improvements and neighborhood lifestyle.. Pine Grove offers a compelling combination of historic character, income and future upside in one of Jacksonville's most desirable and walkable historic neighborhoods.

1718 Pine Grove Avenue, Jacksonville

2987 Collier Avenue, Jacksonville
$390,000
2 Beds ⋅ 2 Baths ⋅ 2167516 MLS
This charming 1926 turn-key duplex in one of Jacksonville's most desirable urban neighborhoods combines historic character, walkability and established rental income. The home has two one bedroom, one-bath apartments, each with its own front and rear entrance. Each includes light-filled spaces with separate living and sleeping areas, an open office area, kitchens and baths, in-unit washer and dryers, electronic keyless entry, and a shady, shared backyard. This classic bungalow style duplex retains many of the original details that make historic properties special, including original hardwood floors, period wood trim, glass doorknobs, a decorative fireplace in one unit, and prairie-style windows. The location is highly desirable and contributes to the continued high rental demand. Set within the Riverside Avondale Historic District, the property is within walking distance of Willowbranch Park and Library, the Riverside Community Garden and the new Peace Memorial Park & Labyrinth. The surrounding historic neighborhood, tree-lined streets and walkability add to the property's long-term appeal for tenants. The property has enjoyed a strong rental history with extremely low vacancy, providing established income from day one. Capital improvements include CPVC water lines and PVC plumbing, 2987 HVAC replacement, 2989 Water heater replacement, painting and termite bond. For an investor looking for a character-rich rental property in Jacksonville's urban core, 2987-2989 Collier Avenue offers the combination that can be difficult to find: historic appeal, proven rental demand and an established income stream with opportunity for continued improvements over time.

2987 Collier Avenue, Jacksonville

1250 Mcduff Avenue S, Jacksonville
$599,000
2 Beds ⋅ 2 Baths ⋅ 2129340 MLS
Owner financing available! Located in the heart of Jacksonville's vibrant Riverside Avondale Historic District, this versatile mixed-use property at 1250 McDuff Avenue South offers a rare opportunity to live, work, or invest in one of the city's most walkable and sought-after neighborhoods. The first-floor commercial space spans approximately 1,800 square feet and allows a wide range of uses by right, including medical or professional office, retail sales, service establishments, and restaurant use--making it ideal for owner-operators or investors seeking flexible income potential. Commercial Neighborhood zoning is scarce in Riverside Avondale, with only three small areas--less than 35 properties total--making this a highly desirable location to operate a business. Upstairs, the residential unit is a charming 2-bedroom, 1 bathroom apartment of roughly 1,100 square feet, featuring hardwood floors and a charming midcentury bathroom that adds character and warmth. The layout is well suited for an owner-occupant, employee housing, or long-term rental. The location creates for a high rental value as it is within walking distance to the Avondale and King Street Shopping Districts, the Riverside Community Garden, Willowbranch Park, and the St. Johns River. The commercial space was leased to long-term tenants at below-market rents, presenting clear upside for future value. Whether you envision a live/work setup, renting one space to offset expenses, or utilizing the full space for one commercial use, the options here are compelling. While located within the historic district, the building itself is not a contributing structure, offering added flexibility for future use. Take advantage of this rare opportunity for a mixed-use property in one of the most desirable neighborhoods in Jacksonville. NOTE: This property is also listed under Residential MLS #2129351 and Commercial MLS #2129351

1250 Mcduff Avenue S, Jacksonville

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