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1129 Grothe Street

Jacksonville, FL 32209
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Bed 7

Bed

Bath 4

Bath

SqFt3,160

Sqft

Acres0.08

Acre(Lot)

**Investor Opportunity! Income-Producing Multi-Family Property** Attention investors! Don't miss this exceptional opportunity to add a spacious **7-bedroom, 4-bathroom multi-family property** to your portfolio, thoughtfully configured as a **4-bedroom, 2-bathroom unit on one floor and a 3-bedroom, 2-bathroom unit on the other floor**. This desirable layout offers strong rental appeal and excellent income-producing potential in a market with consistent demand. Whether you're a seasoned investor looking to expand your portfolio or a buyer interested in house hacking by living in one unit while renting out the other, this property provides flexibility, privacy, and long-term value. The well-balanced unit mix allows for strong rental positioning, with each floor offering comfortable living s pace that appeals to quality tenants and supports competitive rental rates. **Investor Opportunity! Income-Producing Multi-Family Property** Attention investors! Don't miss this exceptional opportunity to add a spacious **7-bedroom, 4-bathroom multi-family property** to your portfolio, thoughtfully configured as a **4-bedroom, 2-bathroom unit on one floor and a 3-bedroom, 2-bathroom unit on the other floor**. This desirable layout offers strong rental appeal and excellent income-producing potential in a market with consistent demand. Whether you're a seasoned investor looking to expand your portfolio or a buyer interested in house hacking by living in one unit while renting out the other, this property provides flexibility, privacy, and long-term value. The well-balanced unit mix allows for strong rental positioning, with each floor offering comfortable living space that appeals to quality tenants and supports competitive rental rates. With the right rental strategy, this property has the potential to generate strong monthly cash flow and solid long-term returns. Investors can analyze market rents, operating expenses, and financing options to determine overall profitability and potential cap rate based on local conditions. Conveniently located near schools, shopping, public transportation, major highways, and employment centers, this property is ideally situated to attract reliable tenants and maintain strong occupancy rates. Schedule your private showing today and explore the income potential and versatility this outstanding investment opportunity has to offer!

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Detail Ic Property Details

Property Type : Residential

Price : $195,000

AD Id : 88418693

MLS Id : 2157158

Beds : 7

Lot Size : 0.08 Acre

Living Area Size : 3,160

Year Built : 1915

County : Duval

Subdivision: Not Validd

  • Map Map

Map

Map What's Nearby

Map Nearby Areas

Feature Features

  • Bedroom Information

    Total Bedrooms: 7

    Bathroom Information

    Total Baths: 4 Full Baths: 4

    Water/Sewer

    Sewer: Public Sewer

    Room Information

    Other Rooms: 1
  • Flooring Information

    Carpet, Tile
  • Roofing Information

    Shingle
  • Interior Features

    Roof: Shingle Appliances: Convection Oven, Microwave, Refrigerator Laundry Features: Electric Dryer Hookup
  • Heating & Cooling

    Heating: Central, Separate Meters Cooling: Central Air, Wall/Window Unit(s) WaterSource: Public

  • Building Information

    Year Built: 1915 Construction Materials: Vinyl Siding Roof: Shingle
  • Exterior Features

    Balcony
    Porch: Front Porch
  • Road Types

    Asphalt
    City Street
  • Fencing

    Chain Link
  • Laundry Features

    Electric Dryer Hookup

    Patio And Porch

    Front Porch

    Fencing

    Chain Link

  • Lot Information

    Lot Size Area: 0.08 Acres Lot Square Feet: 3,485 Stories: 2 Main Square Feet: 3160

    Property Information

    Property Type: Residential Sub Type: Single Family Residence Style: A-Frame SQ ft (Living Area): 3,160 Subdivision: Not Validd MLS Area Minor: 075-Trout River/College Park/Ribault Manor Source Neighborhood: Not Validd Construction Materials: Vinyl Siding Property Age: 111

  • Listing Price Information

    Listing Id: 2157158 ist Price: $195,000 List Price Tot SqFt: $62 Listing Terms Cash
  • Listing Information

    Possession: Close Of Escrow

  • Tax Information

    Parcel Number: 0538030000 Annual Tax: $3,333 Tax Year: 2025

  • Parking Information

    Off Street

  • Utility Information

    Cable Available, Electricity Available, Electricity Connected, Sewer Connected, Water Available, Water Connected
  • Location Information

    Direction: Exit the parking lot toward Adams St Turn right onto Adams St, Turn right onto Ocean St, Use the left 2 lanes to turn left onto US-17 S/E State St, Continue to follow US-17 S, Continue straight onto US-23 N/Kings Rd, Turn right onto Myrtle Ave N, Turn right onto Grothe St Destination will be on the left
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Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
804 W 29th Street, Jacksonville, FL, 32209 $117,000 3 2 990 990 SqFt
2120 N Davis Street, Jacksonville, FL, 32209 $179,400 3 2 1,056 1,056 SqFt
3711 N Davis Street, Jacksonville, FL, 32209 $62,000 3 1 895 895 SqFt
1525 Mt Herman Street, Jacksonville, FL, 32209 $120,000 3 1 834 834 SqFt
3916 N Davis Street, Jacksonville, FL, 32209 $84,500 2 1 910 910 SqFt
1538 Mt Herman Street, Jacksonville, FL, 32209 $235,000 4 2 1,368 1,368 SqFt
2036 Moncrief Road, Jacksonville, FL, 32209 $180,000 4 2 2,193 2,193 SqFt
1018 Frazier Street, Jacksonville, FL, 32209 $111,700 3 2 1,286 1,286 SqFt
1817 Francis Street, Jacksonville, FL, 32209 $120,000 2 1 956 956 SqFt
2331 Janette Street, Jacksonville, FL, 32209 $254,900 3 2 1,155 1,155 SqFt

ByOwner last updated this listing 07/29/2026 @ 07:46

MLS: 2157158 LISTED BY: KENETHA DAVIS, ZALLOUM REALTY LLC SOURCE: realMLS (Northeast Florida Multiple Listing Service)

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