$735,000
1138 WALNUT Street, Jacksonville, FL 32206, Jacksonville, FL 32206
Springfield
- Price
- $735,000
- Beds / Baths
- 6 / 4
- Living area
- 3,028 sqft
- Year built
- 1897
- Type
- Residential
- Lot
- 0.1 ac
- Garage
- 0
- HOA
- None
- CDD
- No
- Flood zone
- Unknown
- County
- Duval
- Days on market
- 78
$243/sqft asking, vs a $127/sqft median across 329 closed sales in 32206 over the last 12 months — 92% above the area's closed prices. Condition and lot vary; that's what a showing is for.
Exceptional opportunity to own a beautifully restored duplex in the heart of Historic Jacksonville. Whether you're seeking an owner-occupied investment, multi-generational living, or a proven short-term rental property, this turnkey residence offers outstanding flexibility and income potential. Each unit features 3 bedrooms and 2 full bathrooms, thoughtfully updated with modern finishes while preserving the charm and character that make Historic Jacksonville so desirable. The property has been completely remodeled and is move-in ready, allowing you to immediately enjoy the benefits of ownership or continue its successful short-term rental operation. Relax on the inviting front porch or enjoy the outdoors from the front and rear balconies, perfect for entertaining or taking in the neighborhood atmosphere. Located just minutes from downtown, you'll have convenient access to Jaguars games at EverBank Stadium, performances at the Florida Theatre, and the Performance Arts Center. Situated in the neighborhood that hosts the beloved Jacksonville PorchFest, this property offers a unique blend of historic charm, walkable community appeal, and urban convenience. The duplex has a proven track record as a successful Airbnb property and presents an excellent opportunity to offset your mortgage by living in one unit while generating rental income from the other. Furnishings may be purchased separately, making this an ideal turnkey investment opportunity. Don't miss your chance to own a fully renovated historic duplex in one of Jacksonville's most vibrant and sought-after neighborhoods.
What to check on this one
- Verify flood zone designation—obtain FEMA Flood Insurance Rate Map for exact zone and elevation certificate if AE/VE.
- Confirm roof age and material; get recent inspection report (insurers scrutinize 1897-era homes closely).
- Review plumbing type and condition—cast-iron or original materials common in 1897 builds; verify recent updates.
- Obtain 4-point inspection and wind-mitigation report; required for older home insurance approval in Florida.
- Clarify short-term rental eligibility with City of Jacksonville—verify deed restrictions and local licensing requirements.
- Request complete renovation scope and permits pulled—confirm all major systems (electrical, HVAC, foundation) inspected post-remodel.
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 $588,000 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 BERKSHIRE HATHAWAY HOMESERVICES FLORIDA NETWORK REALTY. Data via realMLS (Northeast Florida MLS), updated Jun 17, 2026, 4:51 AM.
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