$550,000
324 E 7TH Street, Jacksonville, FL 32206
Springfield
- Price
- $550,000
- Beds / Baths
- 6 / 6
- Living area
- 3,490 sqft
- Year built
- 1909
- Type
- MultiFamily
- Lot
- 0.24 ac
- Garage
- 2
- HOA
- None
- CDD
- No
- Flood zone
- Unknown
- County
- Duval
- Days on market
- 164
Built in 1909 and rich with timeless charm and elegance, this distinctive multi-family property in Historic Springfield offers exceptional flexibility and investment potential. The main residence is a classic quadplex, complemented by two additional homes at the rear of the property bringing the total to six rentable units. Architectural details abound, including a welcoming screened front porch, a screened sleeping porch on the second floor, and a bright sun porch with beautiful French windows just beyond. Each apartment in the main house features a one-bedroom, one-bath layout. The roof was replaced in 2019, and the garage apartment features a durable metal roof. Two of the units present value-add opportunities with kitchen updates needed, and one bathroom requires a sink repair or replacement. One of the rear homes has been fully renovated, adding immediate appeal. The property also includes a private alley-access driveway leading to a two-car garage, which is part of the third residential structure. Currently, one of the rear homes is tenant-occupied, providing instant rental income. Ideal as an investment property, all six units can be rented to maximize income potential. Alternatively, this versatile estate offers multiple living configurations--convert the main house into a duplex and live in the upper level while generating income from the remaining units, or create a spacious single-family compound with separate accommodations perfect for extended family, guests, or a live-in nanny.
What to check on this one
- Verify 1909 roof replacement (2019 date) — insurance may require 4-point inspection given age
- Confirm flood zone designation and whether elevation certificate exists for this parcel
- Obtain plumbing-era documentation; pre-1995 polybutylene or cast-iron common in 1909 builds
- Review all six rental leases, tenant-of-occupancy status, and local short-term rental ordinances
- Get detailed scope on two kitchens needing updates and one bathroom sink repair cost/timeline
- Confirm title clarity on rear two homes — separate deeds, easements, or alley-access encumbrances
Flagged from the listing itself — not an inspection, and no substitute for one. Bring these to the showing.
What this home really costs per month
Loan $440,000 at 6.75% · 30 yr
Not a loan quote. Rate, insurance, and tax are stated assumptions — a lender and an insurance agent give real numbers. Homestead exemption lowers taxes after you file.
Listing courtesy of BERKSHIRE HATHAWAY HOMESERVICES FLORIDA NETWORK REALTY. Data via realMLS (Northeast Florida MLS), updated Aug 17, 2026, 6:19 PM.
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