2 months on rocket

2514 Walnut St, Jacksonville, FL, 32206

$500,000

Home List Price

$5,938*

Closing Credit

8 Bedrooms
4 Full Baths
4,476 SqFt
$112/SqFt
Multi

Location

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2514 Walnut St, Jacksonville$500,000

Buyer Closing Credits

$5,938*

1.25% Loan Amount

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Property Highlights

Home TypeQuadruplex
ParkingOff Street
Year Built1924
HeatingCentral
CoolingCentral Air
MLS #2047421
Lot Size0.12 Acres
StatusActive

About 2514 Walnut St

Don't miss this positive cash-flowing, fully occupied quadraplex in Jacksonville, FL! This investment property features four HUD-qualified units, allowing for higher-than-current rental income for qualified tenants. Four 2/1 units in total, all 1000+ sqft! Each unit is under a one-year lease, ensuring stable occupancy. The property boasts a new roof installed in May 2022, all units have received work, including refinished hardwood floors in two of the units. All units come equipped with their own washer and dryer, and partially new HVAC systems have been installed. The seller has made all necessary improvements for easy, low-maintenance ownership, allowing you to sit back and enjoy monthly rent checks. Major multi-use developments in the Phoenix Arts District are happening within just a couple of blocks promising a spike in value when completed!

Property Details

Property Features

Property Information:

  • Year Built: 1924
  • Living Area: 4,476 SqFt

Listing Office:

  • Office Name: TRADITIONS REALTY LLC
  • Listing Agent: JOEL DAVIS

Interior Features

Bedroom and Bathroom Information:

  • Full Bathrooms: 4
  • Total Bedroom Count: 8

Exterior Features

Exterior Information:

  • Private Pool: No

Parking Information:

  • Attached Garage: No
  • Parking: Off Street

Lot Features

Lot Information:

  • Lot: Other
  • Lot Size: 0.12 Acres

Utilities

Utilities Information:

  • Heating: Central
  • Cooling: Central Air

Other

Directions Information:

  • Directions: From the Main St Bridge, take Ocean St north, take a left on State St, take a right onto Main, take a left onto 8th, take a left onto Market St, take a left on 15th St, take a left on Walnut St

Price Information

Listing Price Info

Price Summary:

  • List Price: $500,000
  • Price Per SqFt: $112/SqFt

Tax Information:

  • Annual Amount: $2,272
  • 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

$307.1K

Med. Price/SqFt

$188

Avg. Days On Market

61

# of Sold Homes

682

2514 Walnut St vs Jacksonville

80 DAYS ON ROCKET

+19 Days

$500,000

+$192.8K More

$112/SqFt

-$77 Less

KEY TAKEAWAY

This property is $192.8K more than the Median Sold Price and $77/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: #2047421

Listing Office:

  • Office Name: TRADITIONS REALTY LLC
  • Listing Agent: JOEL DAVIS

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: 12/3/2024, 11:20:57 AM 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$2,272$87,872
2019$2,229$84,228
2018$2,162$79,769
2017$2,087$74,744

History based on county public records data.

Payment Calculator

$2,563

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,566

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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-3476563
5
/10

  • Andrew A. Robinson Elementary School

  • 101 W 12th St

  • 0.53 miles

  • Public Magnet Grades PK-5

school-card-donut-3476564
4
/10

  • Long Branch Elementary School

  • 3723 Franklin St

  • 0.80 miles

  • Public District Grades 3-5

school-card-donut-3476565
4
/10

  • R L Brown Gifted and Talented Academy

  • 1535 Milnor St

  • 0.95 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 $33,710. The most common annual income of people living in Jacksonville, FL is less than $35k. Typical family type is single, no kids. The most common level of education of people living in this area is high school diploma.

All data provided by Home Junction and Claritas

Rocket Homes›Florida›Duval County›Jacksonville›32206›2514 Walnut St

This home is located at 2514 Walnut St in Jacksonville, FL and zip code 32206 in the Urban Core neighborhood. This 4,476 square foot home, which was built in 1924, sits on a 0.12 acre lot. Features: 8 bedrooms, 4 bathrooms. It has been listed on Rocket Homes since September 13, 2024 and is currently priced at $500,000.

In November 2024 more than 92 listings in Jacksonville, FL were sold above the asking price. During the same period more than 166 listings were sold at asking price, while more than 424 were sold below. The number of listings in Jacksonville, FL increased by 2.6% between October 2024 and November 2024. In November 2024, listings were on the market for 61 days. During the same period, the median list price in this real estate market was $307,139.

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

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