$1,050,000
4225 SPRINGFIELD Boulevard, Jacksonville, FL 32206
Brentwood
- Price
- $1,050,000
- Beds / Baths
- 22 / 12
- Living area
- 8,529 sqft
- Year built
- 1955
- Type
- MultiFamily
- Lot
- 1.22 ac
- Garage
- 0
- HOA
- None
- CDD
- No
- Flood zone
- Unknown
- County
- Duval
- Days on market
- 2
Turnkey 7-home Jacksonville rental portfolio offered together at $1,050,000. All properties are occupied by Section 8 tenants and generate $10,500 in combined monthly rent, meeting the 1% Rule. Tenants pay utilities and maintain the lawns, helping reduce owner expenses. The portfolio includes four 3-bedroom homes, two 4-bedroom homes and one 2-bedroom home, with six featuring durable brick construction. Improvements include updated roofs, HVAC, plumbing, electrical systems and kitchens, plus a new 2026 HVAC at 447 W 63rd St. Current underwriting reflects approximately $73,265 in stabilized NOI and a 7% cap rate, including management and market-rate insurance assumptions. Individually deeded properties offer diversification and future resale or refinancing flexibility. Rent roll, HAP contracts, leases, tax bills and insurance information are available for review, and property access is available to qualified buyers. Ideal for cash or DSCR-financed investors.
What to check on this one
- Verify flood zone for each of 7 properties; obtain elevation certificates if AE/VE designated.
- Confirm roof age on all units; insurers may decline coverage on homes over 20 years.
- Review all HAP (Housing Assistance Payment) contracts and Section 8 lease terms for compliance.
- Inspect 1955-era plumbing (likely cast-iron); budget replacement if not already done.
- Obtain current rent roll, tax bills, insurance quotes, and management cost documentation.
- Verify HVAC replacement dates on all units; confirm 2026 replacement at 447 W 63rd St.
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 $840,000 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 COLDWELL BANKER ANABASIS REALTY. Data via realMLS (Northeast Florida MLS), updated Sep 4, 2026, 12:52 PM.
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