4 months on rocket

1547 Morgan St, Jacksonville, FL, 32209

$380,000

Home List Price

$4,513*

Closing Credit

8 Bedrooms
4 Full Baths
2,776 SqFt
$137/SqFt
Multi

Location

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1547 Morgan St, Jacksonville$380,000

Buyer Closing Credits

$4,513*

1.25% Loan Amount

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Property Highlights

Home TypeQuadruplex
ParkingShared Driveway
Year Built1969
HeatingCentral
CoolingCentral Air
MLS #2035341
Lot Size0.14 Acres
StatusActive

About 1547 Morgan St

BACK ON THE MARKET with a 10.32% CAP RATE!! - Great investment opportunity in the heart of downtown. This multifamily quadplex offers four spacious units, each featuring 2 bedrooms and 1 bath, perfectly positioned for substantial rental income. Two units have been recently upgraded with fresh paint and new vinyl flooring, 2 brand new water heaters. 2 units have newer ac systems and roof was replaced in 2020. Newer paint job on exterior as well. All units are currently occupied, providing an immediate revenue stream. Located in a rapidly developing downtown area, this property is poised for significant appreciation. With massive expansion and revitalization projects planned for the next few years, the value and rental demand in this area are expected to soar.

Property Details

Property Features

Property Information:

  • Year Built: 1969
  • Stories: 2
  • Living Area: 2,776 SqFt

Listing Office:

  • Office Name: REAL BROKER LLC
  • Listing Agent: KAREN SAEZ

Interior Features

Interior Information:

  • Appliances: Convection Oven
  • Flooring Type: Carpet, Vinyl

Bedroom and Bathroom Information:

  • Full Bathrooms: 4
  • Total Bedroom Count: 8

Exterior Features

Exterior Information:

  • Private Pool: No

Parking Information:

  • Attached Garage: No
  • Parking: Shared Driveway

Lot Features

Lot Information:

  • Lot: Other
  • Lot Size: 0.14 Acres

Utilities

Utilities Information:

  • Heating: Central
  • Cooling: Central Air

Other

Directions Information:

  • Directions: From I 95N take Union Street exit, turn right on Lee St, right on Beaver, right on Tyler St, left on Morgan st home is on the right.

Price Information

Listing Price Info

Price Summary:

  • List Price: $380,000
  • Price Per SqFt: $137/SqFt

Tax Information:

  • Annual Amount: $2,999
  • Tax Year: 2020
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Housing Market Comparison

See how this home compares to others in Jacksonville, FL.

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Jacksonville, FL

City

Med. Sold Price

$308.1K

Med. Price/SqFt

$189

Avg. Days On Market

60

# of Sold Homes

780

1547 Morgan St vs Jacksonville

135 DAYS ON ROCKET

+75 Days

$380,000

+$71.8K More

$137/SqFt

-$52 Less

KEY TAKEAWAY

This property is $71.8K more than the Median Sold Price and $52/SqFt less than other homes in Jacksonville, FL.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: realMLS (Northeast Florida Multiple Listing Service)
  • MLS Number: #2035341

Listing Office:

  • Office Name: REAL BROKER LLC
  • Listing Agent: KAREN SAEZ

Copyright © 2024 Northeast Florida Multiple Listing Service, Inc. All rights reserved. The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange (IDX) program of the Northeast Florida Multiple Listing Service, Inc. Real estate listings held by other brokerage firms are marked with the listing broker's name and detailed information about such listings. Data provided is deemed reliable but is not guaranteed. IDX information is provided exclusively for consumers personal, noncommercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 11/17/2024, 11:20:55 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2020$2,999$130,377
2019$2,812$116,836
2018$1,996$73,964
2017$1,864$62,495

History based on county public records data.

Payment Calculator

$1,964

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,206

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NMLS#3030

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-630430
5
/10

  • Susie E. Tolbert Elementary School

  • 1925 W 13th St

  • 1.14 miles

  • Public Magnet Grades 3-5

school-card-donut-630431
5
/10

  • R. V. Daniels Elementary School

  • 1951 W 15th St

  • 1.26 miles

  • Public Magnet Grades KG-5

school-card-donut-630432
6
/10

  • Central Riverside Elementary School

  • 2555 Gilmore St

  • 1.36 miles

  • Public Magnet Grades KG-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $34,405. Residents of Jacksonville, FL typically earn less than $35k each year. Typical family type is single, no kids. The majority of residents in this area have high school diploma education.

All data provided by Home Junction and Claritas

Rocket Homes›Florida›Duval County›Jacksonville›32209›1547 Morgan St

This home is located at 1547 Morgan St in Jacksonville, FL and zip code 32209 in the Northwest Jacksonville neighborhood. This 2,776 square foot home, which was built in 1969, sits on a 0.14 acre lot. Features: 8 bedrooms, 4 bathrooms. It has been listed on Rocket Homes since July 05, 2024 and is currently priced at $380,000.

Jacksonville, FL housing market in October 2024 saw over 98 listings sold above listed price, more than 218 sold at listed price and over 464 sold below. The inventory of homes for sale in Jacksonville, FL between September 2024 and October 2024 increased by 5.9%. The median list price of listings available in October 2024 was $308,163, while the average time on the real estate market was 60 days.

From Rocket Homes Real Estate and based on county public records data.

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