115 2nd Street
Jacksonville, FL 32206
6
Bed
11
Bath
6,560Sqft
0.15Acre(Lot)
A rare chance to acquire an irreplaceable 5-unit executive housing asset in the heart of Historic Springfield. Stabilized or repositioned, the numbers work either way. The building delivers four oversized 1BR/1.5BA residences (~1,100 SF each) and a true 2,288 SF penthouse occupying the entire third floor with 2 bedrooms, 2.5 baths, and sweeping views of Klutho Park and the downtown Jacksonville skyline. All five units feature in-unit laundry, which is a meaningful competitive advantage in this submarket. Pro forma gross income of $192,000 annually supports a projected ~8% cap rate at the asking price, based on executive lease rates of $2,750/month for the flats and $5,000/month for the penthouse. Current rents reflect an owner-occupied and partially furnished operation; two furnished units
Property Details
Map
Map
What's Nearby
Nearby Areas
Features
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Bedroom Information
Total Bedrooms: 6Bathroom Information
Total Baths: 11 Full Baths: 6 Half Baths: 5Water/Sewer
Sewer: Public Sewer -
Flooring Information
Laminate, Wood -
Roofing Information
Membrane, Shingle -
Interior Features
Roof: Membrane, Shingle Laundry Features: In Unit -
Heating & Cooling
Heating: Central Cooling: Central Air WaterSource: Public
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Building Information
Year Built: 1906 Stories: 3 Construction Materials: Brick Roof: Membrane, Shingle -
Exterior Features
Balcony, Courtyard, Fire Pit, Outdoor Kitchen -
Road Types
AsphaltCity Street -
Fencing
Back Yard, Privacy -
Laundry Features
In UnitFencing
Back Yard, Privacy
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Lot Information
Lot Description: Historic Area Lot Size Area: 0.15 Acres Lot Square Feet: 6,534 Stories: 3 Main Square Feet: 6560Property Information
Property Type: Residential Income Sub Type: Multi Family SQ ft (Living Area): 6,560 Subdivision: Springfield MLS Area Minor: 072-Springfield Source Neighborhood: Springfield Construction Materials: Brick Property Age: 120
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Listing Price Information
Listing Id: 2128600 ist Price: $1,750,000 List Price Tot SqFt: $267 Listing Terms Cash, Conventional -
Listing Information
Possession: Close Of Escrow
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Tax Information
Parcel Number: 0708390000 Annual Tax: $14,968 Tax Year: 2025
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Parking Information
On Street
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Utility Information
Sewer Connected, Water Connected -
Location Information
Direction: Main St North to left on 1st, right on Laura,left on 2nd. Building will be on the right
How much is this property worth?
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Nearby Home Value
| Address | Estimate | Bed | Bath | Sq. Ft | Lot Size |
|---|---|---|---|---|---|
| 1717 E 25th Street, Jacksonville, FL, 32206 | $220,000 | 4 | -- | 1,124 | 1,124 SqFt |
| 1150 Pippin Street, Jacksonville, FL, 32206 | $449,000 | 7 | 4 | 3,033 | 3,033 SqFt |
| 1221 E 16th Street, Jacksonville, FL, 32206 | $2,295,000 | 2 | -- | 48,736 | 48,736 SqFt |
| 3407 Plateau Street, Jacksonville, FL, 32206 | $270,000 | 4 | 2 | 1,104 | 1,104 SqFt |
| 1956 Phoenix Avenue, Jacksonville, FL, 32206 | $250,000 | 4 | 2 | 1,728 | 1,728 SqFt |
| 1222 Clark Street, Jacksonville, FL, 32206 | $219,900 | 5 | 2 | 2,024 | 2,024 SqFt |
| 639 E 27th Street, Jacksonville, FL, 32206 | $94,900 | 5 | 3 | 1,752 | 1,752 SqFt |
| 1639 Ionia Street, Jacksonville, FL, 32206 | $89,900 | 4 | -- | 2,300 | 2,300 SqFt |
| 324 E 7th Street, Jacksonville, FL, 32206 | $550,000 | 6 | 6 | 3,490 | 3,490 SqFt |
| 115 4th Street, Jacksonville, FL, 32206 | $499,000 | 5 | -- | 3,740 | 3,740 SqFt |
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ByOwner last updated this listing 06/23/2026 @ 02:32
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