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480 S Jefferson Street #-

Monticello, FL 32344
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Bed 4

Bed

Bath 0

Bath

Located in the heart of Monticello, this 5-unit investment property offers a prime opportunity for investors looking to add value and generate income. Positioned just minutes from local businesses, shopping, dining, and convenient interstate access, the location provides strong appeal for tenants seeking both convenience and accessibility. Currently, 3 of the units are occupied, providing immediate rental income, while the remaining 2 units are vacant and present an excellent value-add opportunity. Both vacant units are 1-bedroom, 1-bath units that need updating and repairs to become rent-ready, allowing the next owner to renovate and increase overall cash flow potential. Total Bedroom Count is 6 bedrooms and 5 bathrooms. Whether you are looking to expand your investment portfolio, renova te for increased returns, or capitalize on the growing demand for rental housing in Monticello, this property offers strong upside potential in a desirable in-town location.

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Detail Ic Property Details

Property Type : Residential

Price : $390,000

AD Id : 79027071

MLS Id : 400229

Beds : 4

Year Built : 1920

County : Jefferson

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Feature Features

  • Interior Features

    Appliances: Microwave, Range, Refrigerator, WasherDryer
  • Heating & Cooling

    Has Heating: Yes Heating: Central, Electric Has Cooling: Yes Cooling: CentralAir, CeilingFans, Electric

  • Building Information

    Year Built: 1920
    Building Area Total: 2750
    Construction Materials: Frame, Other, VinylSiding
    Stories: 1
    Patio And Porch Features: Patio
    Private Pool: No

  • Lot Information

    Lot Dimensions: 100x100x100x100

    Property Information

    Subdivision: - Source Property Type: Residential Property SubType: Multi Family Property Age: 106

  • Listing Price Information

    Listing Price: $390000
    Original Price: $350000
    Cash, Conventional

  • Tax Information

    Parcel Number: 12065-30-2N-5E-0000-0980-0000 Tax Lot: - Tax Block: - Annual Tax: $4050

  • School Information

    Elementary School: Jefferson County K-12 Schools Junior High School: Jefferson County K-12 School Senior High School: Jefferson County K-12 School
  • Location Information

    Direction: Across from Bob and Jeff's Grocery Store (formerly IGA). US 19 South of the courthouse 1/2 mile on L
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Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
195 E Meadow Road, Monticello, FL, 32344 $75,000 3 2 1,836 1,836 SqFt
339 Silver Lake Rd., Monticello, FL, 32344 $375,000 3 3 2,706 2,706 SqFt
4589 Ashville Highway, Monticello, FL, 32344 $695,000 3 3 3,832 3,832 SqFt
221 Kiley Drive, Monticello, FL, 32344 $1,549,000 5 5 5,476 5,476 SqFt
221 Kiley Drive, Monticello, FL, 32344 $1,325,000 5 5 5,476 5,476 SqFt
4014 Ashville Highway, Monticello, FL, 32344 $315,000 2 2 1,416 1,416 SqFt
952 Turney Anderson Road, Monticello, FL, 32344 $449,900 3 2 1,841 1,841 SqFt
660 Whispering Hills Road, Monticello, FL, 32344 $795,000 3 3 2,160 2,160 SqFt
728 Turney Anderson Road, Monticello, FL, 32344 $799,999 3 3 3,677 3,677 SqFt
1205 E Pearl Street, Monticello, FL, 32344 $397,000 3 3 2,373 2,373 SqFt

The information being provided by Miami Association of REALTORS® is for the consumer's personal, non-commercial use. Any information relating to real estate for sale referenced on this web site comes from the Internet Data Exchange (IDX) program of the Miami Association of REALTORS®. The accuracy of all information is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. The data contained herein is copyrighted by Miami Association of REALTORS® and is protected by all applicable copyright laws. Any unauthorized dissemination of this information is in violation of copyright laws and is strictly prohibited. Copyright 2026 Miami Association of REALTORS®. All rights reserved.

ByOwner last updated this listing 06/11/2026 @ 18:30

MLS: 400229 LISTED BY: Chip Williams, Keller Williams Town & Country 850-201-4663 SOURCE: TBRMLS

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