$185,000
2860 WICKWIRE Street, Jacksonville, FL 32254
Melsons Addition
- Price
- $185,000
- Beds / Baths
- 3 / 2
- Living area
- 1,176 sqft
- Year built
- 1955
- Type
- Residential
- Lot
- 0.2 ac
- Garage
- 0
- HOA
- None
- CDD
- No
- Flood zone
- Unknown
- County
- Duval
- Days on market
- 0
Great opportunity to own an Income-producing property with 2BR/1BA main home + separate studio, both tenant occupied and currently generating $2,150/month ($25,800/year) in combined gross rent. Main home rents for $1,200/month with lease through February; studio rents for $950/mo. Both units remodeled within the last 2 years with updated flooring/carpet, paint, fixtures & more. Studio features its own breaker panel, upgraded electrical & electric water heater. At a $185K, current rents equal approximately 14.7% gross annual yield before expenses. Excellent opportunity to acquire an occupied rental with two existing income streams. Or purchase it as your own home and rent out the small mother-in-law apartment. So many options!! Do not disturb tenants. Showings by appointment only. Buyer to verify zoning, permitting, measurements & intended use. Showings will begin Saturday September 5th through Showing Time. Open House 11:00am - 1:00pm Saturday, September 5th.
What to check on this one
- Verify zoning allows 2-unit rental use and in-law suite legally
- Obtain permits & documentation for studio addition and separate electrical panel
- Get 4-point inspection—1955 home likely needs roof/HVAC/plumbing assessment
- Confirm flood zone designation and whether elevation certificate required
- Review lease agreements, tenant histories, and rent collection proof
- Inspect polybutylene/cast-iron plumbing common in 1955 builds
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 $148,000 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 KELLER WILLIAMS REALTY ATLANTIC PARTNERS ST. AUGUSTINE. Data via realMLS (Northeast Florida MLS), updated Sep 5, 2026, 12:37 PM.
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