8 months on rocket

831 Cedar St, Jacksonville, FL, 32207

$895,000

Home List Price

$10,000*

Closing Credit

6 Bedrooms
4 Full Baths, 2 Partial
4,152 SqFt
$216/SqFt
Multi

Location

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831 Cedar St, Jacksonville$895,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeQuadruplex
ParkingAdditional Parking, Attached Carport, Off Street
Year Built1937
HeatingElectric, Separate Meters
CoolingCentral Air, Multi Unit(s), Varies By Unit, Wall/Window Unit(s)
MLS #2011988
Lot Size0.13 Acres
StatusActive

About 831 Cedar St

Welcome to your prime investment opportunity! Presenting this Riverside Quadplex, a savvy investor's dream come true. Situated in a sought-after location, this charming property boasts a recent renovation, ensuring modern comforts and style for all four units. Each unit has been thoughtfully upgraded, promising a high standard of living for tenants and attracting strong rental demand. Convenience is key, with one dedicated carport spot provided for each unit, supplemented by ample off-street parking—an invaluable asset in any urban setting. Perfectly positioned near downtown, residents will enjoy easy access to a plethora of amenities, including dining, entertainment, shopping, and more. Whether it's a stroll along the riverfront, a night out on the town, or simply enjoying the vibrant city atmosphere, everything is within reach from this superb location. With its stellar cash flow potential and prime location, this Quadplex presents an exceptional opportunity

Property Details

Property Features

Property Information:

  • Year Built: 1937
  • Stories: 2
  • Living Area: 4,152 SqFt

Listing Office:

  • Office Name: ATLANTIC SHORES REALTY OF JACKSONVILLE LLC
  • Listing Agent: T ROSIE HETMAN

Interior Features

Interior Information:

  • Appliances: Dishwasher, Dryer, Electric Range, Electric Water Heater, Refrigerator, Washer
  • Flooring Type: Tile, Vinyl, Wood

Bedroom and Bathroom Information:

  • Partial Bathrooms: 2
  • Full Bathrooms: 4
  • Total Bedroom Count: 6

Exterior Features

Parking Information:

  • Attached Garage: No
  • Parking: Additional Parking, Attached Carport, Off Street

Lot Features

Lot Information:

  • Lot: Dead End Street
  • Lot Size: 0.13 Acres

Utilities

Utilities Information:

  • Heating: Electric, Separate Meters
  • Cooling: Central Air, Multi Unit(s), Varies By Unit, Wall/Window Unit(s)

Other

Directions Information:

  • Directions: From Hendricks Ave take Cedar St heading west. Building is 2 blocks down on the right.

Price Information

Listing Price Info

Price Summary:

  • List Price: $895,000
  • Price Per SqFt: $216/SqFt

Tax Information:

  • Annual Amount: $9,936
  • 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

831 Cedar St vs Jacksonville

266 DAYS ON ROCKET

+206 Days

$895,000

+$586.8K More

$216/SqFt

+$27 More

KEY TAKEAWAY

This property is $586.8K more than the Median Sold Price and $27/SqFt more 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: #2011988

Listing Office:

  • Office Name: ATLANTIC SHORES REALTY OF JACKSONVILLE LLC
  • Listing Agent: T ROSIE HETMAN

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: 11/22/2024, 11:50:54 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$9,936$523,152
2019$10,071$523,152
2018$7,122$354,996
2017$3,707$336,312

History based on county public records data.

Payment Calculator

$4,534

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$2,750

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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-812017
9
/10

  • Hendricks Avenue Elementary School

  • 3400 Hendricks Ave

  • 1.57 miles

  • Public District Grades KG-5

school-card-donut-812018
4
/10

  • Spring Park Elementary School

  • 2250 Spring Park Rd

  • 1.74 miles

  • Public Magnet Grades PK-5

school-card-donut-812019
6
/10

  • Central Riverside Elementary School

  • 2555 Gilmore St

  • 1.85 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 $37,523. Typical income of Jacksonville, FL residents is less than $35k annually. Residents typically live in single, no kids family. Typical level of education for residents in this area is post secondary degree.

All data provided by Home Junction and Claritas

Rocket Homes›Florida›Duval County›Jacksonville›32207›831 Cedar St

This home is located at 831 Cedar St in Jacksonville, FL and zip code 32207 in the Palm Park neighborhood. This 4,152 square foot home, which was built in 1937, sits on a 0.13 acre lot. Features: 6 bedrooms, 6 bathrooms. It has been listed on Rocket Homes since March 02, 2024 and is currently priced at $895,000.

In October 2024 more than 98 listings in Jacksonville, FL were sold above the asking price. During the same period more than 218 listings were sold at asking price, while more than 464 were sold below. Between September 2024 and October 2024, Jacksonville, FL real estate market has seen increase in the number of listings by 5.9%. While the average time on the market in October 2024 was 60 days, the median list price was $308,163.

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

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