$111,000
1931 LAMBERT Street, Jacksonville, FL 32206, Jacksonville, FL 32206
Fairfield
- Price
- $111,000
- Beds / Baths
- 3 / 2
- Living area
- 1,143 sqft
- Year built
- 1944
- Type
- Residential
- Lot
- 0.14 ac
- Garage
- 0
- HOA
- None
- CDD
- No
- Flood zone
- Unknown
- County
- Duval
- Days on market
- 75
- Elementary
- Long Branch
- Middle
- Matthew Gilbert
- High school
- William M. Raines
$97/sqft asking, vs a $127/sqft median across 329 closed sales in 32206 over the last 12 months — 23% below the area's closed prices. Listed 23% below area average; priced at $97/sq ft versus $127 area median, likely reflecting month-to-month tenant lease and investment-focused positioning rather than owner-occupancy appeal.
Stop hunting for your next real estate win--this one is ready to perform from day one! 1931 Lambert Street offers a fantastic rental footprint in a resilient Jacksonville market, combining immediate cash flow with exceptional long-term upside. ,The property features a stable tenant on a flexible month-to-month lease.This asset is available on its own or can be bundled into a prime 7-property (8-door) residential portfolio package. Seller is a licensed real estate broker.
What to check on this one
- Verify roof age and get 4-point inspection immediately—1944 build triggers insurer requirements.
- Confirm plumbing type (cast-iron/galvanized common pre-1975); budget for replacement risk.
- Pull flood zone map from FEMA; unknown status requires elevation certificate if in AE/VE.
- Review tenant lease terms, rent roll, and eviction/maintenance history with current owner.
- Get septic/well records if applicable; confirm municipal water/sewer availability and costs.
- Order title search and lien check; verify no code violations or unpermitted work.
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 $88,800 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 KELLAR REALTY AND PROPERTY MANAGEMENT INC. Data via realMLS (Northeast Florida MLS), updated Aug 20, 2026, 2:34 PM.
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