$199,000
1036 W 12TH Street, Jacksonville, FL 32209, Jacksonville, FL 32209
Hendersonville
- Price
- $199,000
- Beds / Baths
- 8 / 4
- Living area
- 2,784 sqft
- Year built
- 1956
- Type
- MultiFamily
- Lot
- 0.28 ac
- Garage
- 0
- HOA
- None
- CDD
- No
- Flood zone
- Unknown
- County
- Duval
- Days on market
- 143
**Back on Market - Buyer did not perform** FIXER/value add opportunity for the multi-family investor! 2 duplexes on ONE parcel - 4 doors in all. This block build quadraplex provides potential cash flow. Each building contains two 2 bed, one bath units, equaling 8 bedrooms and 4 baths total. Unit 1036/1038 has new roof, decking, windows, new electrical panel and much more. Units 1040/1042 has updated windows, 2nd floor landing and will benefit from your vision - interiors and some siding needed. ARV estimated $385k - $435k; potential rent per unit $850-950 per month. Front of parcel could possibly be delineated and built on. ''CREATIVE'' finance offers will NOT be considered. Seller is motivated - cash or hard money offers only! Great opportunity for the seasoned investor! Showings by appointment only!
What to check on this one
- Verify actual flood zone designation via FEMA map—unknown status blocks insurance & financing.
- Order 4-point inspection on 1940s buildings; roof age on Units 1040/1042 needs documentation.
- Confirm roof work on Units 1036/1038 is permitted, warranted, and insurable (age 70 home).
- Review electrical panel upgrades; assess plumbing era (polybutylene/cast-iron common in 1956 builds).
- Pull title, lien search, deed restrictions; verify no code violations or deferred maintenance liens.
- Confirm each unit separately metered utilities; validate rent comps & eviction/lease history per unit.
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 $159,200 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 KELLER WILLIAMS FIRST COAST REALTY. Data via realMLS (Northeast Florida MLS), updated Aug 21, 2026, 1:23 PM.
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