4225 Springfield Boulevard
Jacksonville, FL 32206
22
Bed
12
Bath
8,529Sqft
1.22Acres(Lot)
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 contra
Property Details
Map
Map
What's Nearby
Nearby Areas
Features
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Bedroom Information
Total Bedrooms: 22Bathroom Information
Total Baths: 12 Full Baths: 12 -
Heating & Cooling
Heating: Central Cooling: Central Air
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Building Information
Year Built: 1955
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Lot Information
Lot Description: Few Trees Lot Size Area: 1.22 Acres Lot Square Feet: 53,143 Main Square Feet: 8529Property Information
Property Type: Residential Income Sub Type: Multi Family SQ ft (Living Area): 8,529 Subdivision: Brentwood MLS Area Minor: 071-Brentwood/Evergreen Source Neighborhood: Brentwood Property Age: 71
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Listing Price Information
Listing Id: 2163459 ist Price: $1,050,000 List Price Tot SqFt: $123 Listing Terms Cash, Conventional -
Listing Information
Possession: Close Of Escrow, Subject To Tenant Rights
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Tax Information
Parcel Number: 088019-0000 Annual Tax: $1,919 Tax Year: 2025
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Parking Information
Off Street
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Utility Information
Cable Available, Electricity Available, Sewer Available, Water Available -
Location Information
Direction: SOUTH ON PEARL RIGHT ON ALDER RIGHT ON SPRINGFIELD BLVD TO CORNER LOT HOME.
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Nearby Home Value
| Address | Estimate | Bed | Bath | Sq. Ft | Lot Size |
|---|---|---|---|---|---|
| 1150 Pippin Street, Jacksonville, FL, 32206 | $449,000 | 7 | 4 | 3,033 | 0.14 Acre |
| 1221 E 16th Street, Jacksonville, FL, 32206 | $2,295,000 | 2 | -- | 48,736 | 2.17 Acres |
| 1956 Phoenix Avenue, Jacksonville, FL, 32206 | $250,000 | 4 | 2 | 1,728 | 0.12 Acre |
| 2228 Evergreen Avenue, Jacksonville, FL, 32206 | $125,000 | 4 | 2 | 1,728 | 0.19 Acre |
| 1222 Clark Street, Jacksonville, FL, 32206 | $199,900 | 5 | 2 | 2,024 | 0.07 Acre |
| 639 E 27th Street, Jacksonville, FL, 32206 | $76,900 | 5 | 3 | 1,752 | 0.16 Acre |
| 1628 Walnut Street, Jacksonville, FL, 32206 | $795,000 | 9 | 9 | 3,832 | 0.12 Acre |
| 325 E 1st Street, Jacksonville, FL, 32206 | $495,000 | 7 | 4 | 3,028 | 0.12 Acre |
| 135 E 17th Street, Jacksonville, FL, 32206 | $599,000 | 6 | 6 | 3,163 | 0.11 Acre |
| 115 4th Street, Jacksonville, FL, 32206 | $499,000 | 5 | -- | 3,740 | 0.09 Acre |
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ByOwner last updated this listing 09/08/2026 @ 06:37
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