$515,000
2614 COLLEGE Street 1-4, Jacksonville, FL 32204
New Riverside
- Price
- $515,000
- Beds / Baths
- 4 / 4
- Living area
- 2,892 sqft
- Year built
- 1942
- Type
- MultiFamily
- Lot
- 0.16 ac
- Garage
- 0
- HOA
- None
- CDD
- No
- Flood zone
- Unknown
- County
- Duval
- Days on market
- 170
INCOME PRODUCING 4-plex in the heart of Riverside! This property offers four 1-bedroom/1 bath units. 4 units are currently occupied, with $4,000/mo rental income,. This is an amazing opportunity to capitalize on one of the city's most desirable neighborhoods! Vibrant living scene, abundance amenities & proximity to downtown Jacksonville, the St. Johns River, and major highways makes it a convenient choice, attracting a variety of tenant options. This area consistently experiences strong rental demand, ideal for owners seeking steady rental income. On-going revitalization in the area also gives it potential property value appreciation. Per County Permit Records, the roof was replaced in 2014 and Unit#4 AC unit was replaced in 2019. Come see!
What to check on this one
- Verify 1942 electrical, plumbing systems—cast-iron drains, knob-and-tube wiring common, costly to replace.
- Confirm roof replacement permit from 2014; get roofing company name, warranty details, remaining coverage.
- Pull flood zone designation; if AE/VE, require elevation certificate before closing.
- Verify all 4 units' current leases, rent rolls, tenant payment history, vacancy risk.
- Review any deferred maintenance, foundation settling signs, plumbing backups in 84-year-old structure.
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 $412,000 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 CHRISTIE'S INTERNATIONAL REAL ESTATE FIRST COAST. Data via realMLS (Northeast Florida MLS), updated Oct 10, 2026, 5:44 PM.
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