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1512 McDuff Ave S
Jacksonville, FL 32205
4 Unit Multi-Family in Historic Riverside · Multifamily Property For Sale
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4 Units
Executive Summary
Located in Riverside’s historic district, 1512 McDuff Avenue is a four-unit multifamily investment offering immediate income with meaningful value-add potential. The two-story brick building, built in 1942, features four leased units, providing stable in-place cash flow while allowing upside through renovation and repositioning. The property offers approximately 3,670 square feet of effective interior space, including common areas, and is zoned RMD-B, supporting continued multifamily use. Units are between 820 - 862 sq ft approximately.
Each unit includes a functional layout with galley-style kitchens and modern bathrooms, along with a mix of wood and carpeted flooring. While the property is well maintained, the highest and best use is to enhance and modernize to better align with the surrounding Riverside market, where upgraded multifamily properties command premium rents. Surrounded by high-end homes, popular restaurants, and established businesses, this asset represents a strong opportunity for investors seeking long-term growth in one of Jacksonville’s most desirable neighborhoods.
Leases:
Unit 1 - $975 pm, month-to-month
Unit 2 - $1,200 pm, month-to-month
Unit 3 - $975 pm, month-to-month
Unit 4 - $1,050 pm, month-to-month
Financials and rent rolls are not available. Leases and expenses are available on request.
Electricity is individually metered, water & sewer master-metered.
HVAC in unit 1 & 2 replaced in 2020.
Condenser and air handler replaced in unit 1 and 4 in 2005.
Plumbing re-pipe unit 4 in 1998.
Also refer to the documents attached to the listing.
Each unit includes a functional layout with galley-style kitchens and modern bathrooms, along with a mix of wood and carpeted flooring. While the property is well maintained, the highest and best use is to enhance and modernize to better align with the surrounding Riverside market, where upgraded multifamily properties command premium rents. Surrounded by high-end homes, popular restaurants, and established businesses, this asset represents a strong opportunity for investors seeking long-term growth in one of Jacksonville’s most desirable neighborhoods.
Leases:
Unit 1 - $975 pm, month-to-month
Unit 2 - $1,200 pm, month-to-month
Unit 3 - $975 pm, month-to-month
Unit 4 - $1,050 pm, month-to-month
Financials and rent rolls are not available. Leases and expenses are available on request.
Electricity is individually metered, water & sewer master-metered.
HVAC in unit 1 & 2 replaced in 2020.
Condenser and air handler replaced in unit 1 and 4 in 2005.
Plumbing re-pipe unit 4 in 1998.
Also refer to the documents attached to the listing.
Property Facts
| Price Per Unit | $172,250 | Lot Size | 0.12 AC |
| Sale Type | Investment | Building Size | 3,450 SF |
| No. Units | 4 | No. Stories | 2 |
| Property Type | Multifamily | Year Built | 1942 |
| Zoning | RMD-B | ||
| Price Per Unit | $172,250 |
| Sale Type | Investment |
| No. Units | 4 |
| Property Type | Multifamily |
| Lot Size | 0.12 AC |
| Building Size | 3,450 SF |
| No. Stories | 2 |
| Year Built | 1942 |
| Zoning | RMD-B |
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 4 | - | - |
Property Taxes
| Parcel Number | 078064-0000 | Improvements Assessment | $322,909 |
| Land Assessment | $176,479 | Total Assessment | $499,388 |
Property Taxes
Parcel Number
078064-0000
Land Assessment
$176,479
Improvements Assessment
$322,909
Total Assessment
$499,388
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1512 McDuff Ave S - 4 Unit Multi-Family in Historic Riverside