$499,000
115 4TH Street, Jacksonville, FL 32206, Jacksonville, FL 32206
Springfield
- Price
- $499,000
- Beds / Baths
- 5 / 0
- Living area
- 3,740 sqft
- Year built
- 1908
- Type
- MultiFamily
- Lot
- 0.09 ac
- Garage
- 0
- HOA
- None
- CDD
- No
- Flood zone
- Unknown
- County
- Duval
- Days on market
- 154
Five-unit multifamily asset in Historic Springfield with current scheduled rents of $4,525/month. Unit mix and rent schedule available; utility reimbursement structure varies by unit. Tenant-occupied property with restricted showings to minimize disruption. Opportunity for investors seeking in-place cash flow with additional diligence materials available upon request.
What to check on this one
- Verify flood zone designation and elevation certificate for all five units immediately.
- Order 4-point inspection plus wind-mitigation report; 1908 construction triggers insurer requirements.
- Confirm roof age, materials, and remaining lifespan with licensed roofing inspection.
- Obtain rent roll, lease terms, tenant histories, and utility reimbursement structure details.
- Review plumbing material (likely cast iron); budget replacement/lining costs.
- Verify electrical system capacity and recent upgrades; century-old wiring common issue.
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 $399,200 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 UNITED REAL ESTATE GALLERY. Data via realMLS (Northeast Florida MLS), updated Aug 21, 2026, 3:13 PM.
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