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1710 River Rd 4 Unit Apartment Building $1,550,000 ($387,500/Unit) Jacksonville, FL 32207
Executive Summary
Investment Highlights:
Rare opportunity to acquire a quadruplex in the highly desirable San Marco/St. Nicholas submarket
Strong vacation rential income with four residential units, abilty to mix with long-term rentals to offer diversified cash flow and reduced vacancy risk
Located along/near the St. Johns River corridor, providing long-term appreciation upside
Minutes from Downtown Jacksonville, San Marco Square, Baptist Medical Center, and major employment hubs
High rental demand driven by proximity to dining, retail, healthcare, and urban core employment
Property Features:
Four-unit multifamily configuration (2 upstairs units/2 downstairs units)
On-site parking
Individual unit access
Laundry onsite
Established residential neighborhood with strong tenant appeal
Market Overview:
One of Jacksonville’s most stable and desirable rental submarkets
Continued redevelopment and investment in the San Marco/Southbank corridor
Strong rent growth and infill location
Value-Add Potential:
Opportunity to increase rents
Potential to improve operational efficiencies
Ideal for long-term hold or repositioning strategy
Buyer Profile:
Investors seeking stable cash-flowing assets in core locations
1031 exchange buyers targeting appreciation and infill markets
Local investors looking to scale multifamily portfolios
Rare opportunity to acquire a quadruplex in the highly desirable San Marco/St. Nicholas submarket
Strong vacation rential income with four residential units, abilty to mix with long-term rentals to offer diversified cash flow and reduced vacancy risk
Located along/near the St. Johns River corridor, providing long-term appreciation upside
Minutes from Downtown Jacksonville, San Marco Square, Baptist Medical Center, and major employment hubs
High rental demand driven by proximity to dining, retail, healthcare, and urban core employment
Property Features:
Four-unit multifamily configuration (2 upstairs units/2 downstairs units)
On-site parking
Individual unit access
Laundry onsite
Established residential neighborhood with strong tenant appeal
Market Overview:
One of Jacksonville’s most stable and desirable rental submarkets
Continued redevelopment and investment in the San Marco/Southbank corridor
Strong rent growth and infill location
Value-Add Potential:
Opportunity to increase rents
Potential to improve operational efficiencies
Ideal for long-term hold or repositioning strategy
Buyer Profile:
Investors seeking stable cash-flowing assets in core locations
1031 exchange buyers targeting appreciation and infill markets
Local investors looking to scale multifamily portfolios
Property Facts
| Price | $1,550,000 | Building Class | C |
| Price Per Unit | $387,500 | Lot Size | 0.20 AC |
| Sale Type | Investment | Building Size | 4,860 SF |
| No. Units | 4 | Average Occupancy | 100% |
| Property Type | Multifamily | No. Stories | 2 |
| Property Subtype | Apartment | Year Built/Renovated | 1938/2014 |
| Apartment Style | Garden | Parking Ratio | 0.82/1,000 SF |
| Zoning | RMD-D | ||
| Price | $1,550,000 |
| Price Per Unit | $387,500 |
| Sale Type | Investment |
| No. Units | 4 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Garden |
| Building Class | C |
| Lot Size | 0.20 AC |
| Building Size | 4,860 SF |
| Average Occupancy | 100% |
| No. Stories | 2 |
| Year Built/Renovated | 1938/2014 |
| Parking Ratio | 0.82/1,000 SF |
| Zoning | RMD-D |
Amenities
Unit Amenities
- Air Conditioning
- Balcony
- Cable Ready
- Dishwasher
- Microwave
- Washer/Dryer
- Washer/Dryer Hookup
- Heating
- Ceiling Fans
- Kitchen
- Granite Countertops
- Hardwood Floors
- Ice Maker
- Refrigerator
- Oven
- Stainless Steel Appliances
- Range
- Tub/Shower
- Sunroom
- Views
- Dock
- Porch
Site Amenities
- Laundry Facilities
- Dock
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 2+1 | 4 | - | 1,000 - 1,200 |
Moderately walkable
70/100
Exceptionally drivable
90/100
Some public transit
40/100
Moderately bikeable
60/100
Property Taxes
| Parcel Number | 081117-0020 | Improvements Assessment | $363,143 |
| Land Assessment | $482,947 | Total Assessment | $846,090 |
Property Taxes
Parcel Number
081117-0020
Land Assessment
$482,947
Improvements Assessment
$363,143
Total Assessment
$846,090
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1710 River Rd