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2160 Forbes St - Barnett House 4 Unit Apartment Building Offered at $1,250,000 Jacksonville, FL 32204
INVESTMENT HIGHLIGHTS
- Newer Roof
- Newer Windows
- Historic Charm
- Rewired Electrical
- Detached Carriage House with 4 parking spaces
- Large Corner Lot
EXECUTIVE SUMMARY
Introducing a lucrative investment opportunity in Jacksonville, FL. This exceptional property showcases a meticulously renovated 5,902 SF building featuring four fully occupied units, offering an attractive investment return. Built in 1918 and thoughtfully restored in 2022, this timeless gem exudes historic charm while offering modern comfort and convenience. Zoned RMD-B, this property is set in a prime location, ensuring long-term potential for a multifamily/single family rental portfolio investor. With a stellar track record of full occupancy, this property presents a compelling opportunity for those seeking a reliable and rewarding investment in the thriving Jacksonville rental market.
FINANCIAL SUMMARY (ACTUAL - 2025) Click Here to Access |
ANNUAL | ANNUAL PER SF |
|---|---|---|
| Gross Rental Income |
$99,999
|
$9.99
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$99,999
|
$9.99
|
| Taxes |
$99,999
|
$9.99
|
| Operating Expenses |
$99,999
|
$9.99
|
| Total Expenses |
$99,999
|
$9.99
|
| Net Operating Income |
$99,999
|
$9.99
|
FINANCIAL SUMMARY (ACTUAL - 2025) Click Here to Access
| Gross Rental Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Taxes | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Operating Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Total Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Net Operating Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
PROPERTY FACTS In Escrow
| Price | $1,250,000 | Lot Size | 0.25 AC |
| Price Per Unit | $312,500 | Building Size | 8,458 SF |
| Sale Type | Investment | Average Occupancy | 100% |
| No. Units | 4 | No. Stories | 2 |
| Property Type | Multifamily | Year Built | 1918 |
| Building Class | B | Parking Ratio | 0.47/1,000 SF |
| Zoning | RMD-B - Residential Medium Density-B, a district allowing multi-family housing like apartments, townhomes, and senior living | ||
| Price | $1,250,000 |
| Price Per Unit | $312,500 |
| Sale Type | Investment |
| No. Units | 4 |
| Property Type | Multifamily |
| Building Class | B |
| Lot Size | 0.25 AC |
| Building Size | 8,458 SF |
| Average Occupancy | 100% |
| No. Stories | 2 |
| Year Built | 1918 |
| Parking Ratio | 0.47/1,000 SF |
| Zoning | RMD-B - Residential Medium Density-B, a district allowing multi-family housing like apartments, townhomes, and senior living |
AMENITIES
- Smoke Detector
UNIT AMENITIES
- Air Conditioning
- Balcony
- Cable Ready
- Washer/Dryer Hookup
- Heating
- Ceiling Fans
- Tile Floors
- Kitchen
- Hardwood Floors
- High Speed Internet Access
- Refrigerator
- Oven
- Range
- Tub/Shower
- Walk-In Closets
- Yard
- Basement
- Built-In Bookshelves
- Dining Room
- Linen Closet
- Pantry
- Porch
- Vinyl Flooring
SITE AMENITIES
- Fenced Lot
- Laundry Facilities
- Trash Pickup - Curbside
- Wi-Fi
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 2+1 | 10 | $2,063 | 1,575 |
1 1
Walk Score®
Walker's Paradise (91)
PROPERTY TAXES
| Parcel Number | 090910-0000 | Total Assessment | $991,536 (2026) |
| Land Assessment | $331,310 (2026) | Annual Taxes | ($1) ($0.00/SF) |
| Improvements Assessment | $660,226 (2026) | Tax Year | 2025 Payable 2025 |
PROPERTY TAXES
Parcel Number
090910-0000
Land Assessment
$331,310 (2026)
Improvements Assessment
$660,226 (2026)
Total Assessment
$991,536 (2026)
Annual Taxes
($1) ($0.00/SF)
Tax Year
2025 Payable 2025
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2160 Forbes St - Barnett House
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