$197,000
2525 THAMES Street, Jacksonville, FL 32209, Jacksonville, FL 32209
Wheelers Addition To Jax
- Price
- $197,000
- Beds / Baths
- 4 / 2
- Living area
- 1,890 sqft
- Year built
- 1959
- Type
- MultiFamily
- Lot
- 0.08 ac
- Garage
- 0
- HOA
- None
- CDD
- No
- Flood zone
- Unknown
- County
- Duval
- Days on market
- 159
- Middle
- Matthew Gilbert
- High school
- William M. Raines
Great investment opportunity in Jacksonville! This multi-family property features approximately 1,890 square feet of living space with 4 bedrooms and 2 bathrooms, offering strong potential for rental income or multi-generational living. Built in 1959, the property sits on a 3,584 sq ft lot and includes two residential units, making it an excellent addition to an investor's portfolio. Conveniently located near major roadways, schools, and local amenities, providing easy access to downtown Jacksonville and surrounding areas. With the right vision and updates, this property has the potential to generate steady income and long-term value. Don't miss this opportunity to own a versatile property in an established neighborhood.
What to check on this one
- Verify actual flood zone designation—check FEMA map immediately; unknown status is a red flag.
- Order 4-point inspection and wind-mitigation assessment; 1959 roof likely near or past insurer limits.
- Confirm plumbing material (polybutylene/cast-iron common in 1959); replacement costs substantial.
- Inspect both units' HVAC systems and age; dual systems = dual repair/replacement risk.
- Pull permit history for any prior updates; verify electrical panel capacity for duplex load.
- Obtain title report to confirm no liens, back taxes, or code-enforcement liens affecting marketability.
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 $157,600 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 MARK SPAIN REAL ESTATE. Data via realMLS (Northeast Florida MLS), updated Aug 10, 2026, 8:54 PM.
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