USAFLJacksonvilleSpringfield38 E 16Th St
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38 E 16th St, Jacksonville, FL

Real Estate

Sold

Listed price in listed location currency (USD).
$495,000
$525,000

740

MLS® 2086660

  • Key Facts
  • Description
  • Map

Key Facts

Type Quadruplex
Levels Residential Income
Size 3468 sqft
Garage No
Taxes $5,933
Lot Size 0.12 acres
Approx. Age 1929
Avg. Price Per Sqft $151
MLS® Number 2086660

Property Address: 38 E 16th St, Jacksonville, FL, 32206-2996

Average square foot calculated using Size range provided by listing agent.

Description

Fully renovated 4-unit property in the heart of Springfield. Three units are operating as successful Airbnbs, each bringing in $1, 600-$1, 700/month. The fourth unit is rented at $950/month on a month-to-month lease. Total monthly income: ~$5, 900 with potential to increase. Each unit is separately metered for electric; owner pays water. All units have updated kitchens, bathrooms, HVACs, and modern finishes. Laundry on-site. Street parking available. Located minutes from Downtown, Main Street, and UF Health. Investment Highlights: List Price: $525, 000 Gross Monthly Income: ~$5, 900 Gross Annual Income: ~$70, 800 Estimated Annual Expenses (taxes, insurance, water, maintenance): ~$13, 100 Estimated Net Operating Income (NOI): ~$57, 700 Estimated Cap Rate: ~11% Perfect for investors looking for a performing asset with upside. Property is fully occupied and generating income from day one.
MLS® Number2086660
Laundry LevelCommon Area
Central VacNo
FireplaceNo
Acreage0.12
Exterior
GarageNo
Approx. Age1929
Basement
DrivewayOn Street
Garage Spaces
Heat
A/C
Heating Fuel

Extras

Similar Listings

Price History

Aug 21, 2025End Date
$495,000Sold Price

Sold

May 9, 2025List Date
$525,000List Price
Apr 3, 2023End Date
$250,000Sold Price

Sold

Oct 8, 2022List Date
$340,000List Price
  • Commute

Commute

Starting Address
Destination Address
38 E 16 Th St, Jacksonville, FL

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