$599,500
2022 DELLWOOD Avenue 1-5, Jacksonville, FL 32204
Riverside
- Price
- $599,500
- Beds / Baths
- 8 / 5
- Living area
- 3,236 sqft
- Year built
- 1922
- Type
- MultiFamily
- Lot
- 0.14 ac
- Garage
- 0
- HOA
- None
- CDD
- No
- Flood zone
- Unknown
- County
- Duval
- Days on market
- 89
Exceptional Investment Opportunity in Historic Riverside! This charming 1920s multi-family property at 2022 Dellwood Avenue (Units 1-5) is an incredible addition to any real estate portfolio. Situated in one of Jacksonville's most vibrant, walkable, and highly sought-after historic districts, this 5-unit income-generating asset captures the timeless appeal of vintage architecture in a premium location. Investors will love being just a short stroll from the popular retail and dining scene of Five Points, the picturesque Riverside Park, and the world-class collections at the Cummer Museum of Art and Gardens. With immediate proximity to major employment hubs in Downtown Jacksonville, Ascension St. Vincent's Riverside, and local colleges, this property ensures a steady, high-demand tenant pool. Whether you want to buy and hold or execute a historic value-add strategy, this Riverside multi-family gem is an absolute must-see. Schedule your private tour today!
What to check on this one
- Verify actual flood zone designation—seller states 'unknown'; pull FEMA map for AE/VE risk.
- Obtain 4-point inspection report; 1922 structure requires wind-mitigation assessment for insurance.
- Review all 5 unit leases, rent rolls, and 2-year expense history (utilities, maintenance, taxes).
- Confirm roof age and material; document any prior replacements or major repairs since 1922.
- Check for polybutylene/cast-iron plumbing; request plumbing inspection if original systems remain.
- Verify current insurance quotes on all 5 units; confirm carrier willingness given age and construction.
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 $479,600 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 JWB REALTY LLC. Data via realMLS (Northeast Florida MLS), updated Aug 11, 2026, 3:19 PM.
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