Closed

Est. $265,800

1271 W 16TH Street, Jacksonville, FL 32209

8beds

2,704sqft

Quadruplex

Built in 1969

-- sqft lot

$265,800 Zestimate^®

$98/sqft

$-- HOA

Overview

HUGE PRICE REDUCTION!!! MOTIVATED SELLER SAYS ''SELL!!!'' INVESTOR ALERT!!! WOW!!!!!!! 2700 SF Concrete Block QUADRAPLEX!!! FOUR 2BR/1 BTH UNITS with $4000+ MONTHLY INCOME POTENTIAL being offered for 57K PER DOOR!!! The 2 lower units are currently rented UNDER MARKET VALUE at $700 per month, to long term Month/Month tenants. Property appears to need some standard type rehab, but should offer a TREMENDOUS OPPORTUNITY an astute investor willing to invest in the rehab/updating in order to create back end equity! As an addition to a rental portfolio, or perhaps as a BUY FIX FLIP as a TURN KEY RENTAL PROPERTY, this one has a TON OF POTENTIAL EXIT STRATEGIES!!! Corporate Seller requesting CASH or HARD MONEY ONLY. Property being sold As-Is, with Seller to make NO REPAIRS.

175 days
11
0

Likely to sell faster than

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 8
Bathrooms: 4
Full bathrooms: 4

Heating

Central

Cooling

Central Air

Interior area

Total interior livable area: 2,704 sqft

Property

Parking

Parking features: Additional Parking, Off Street

Features

Stories: 1
Pool features: None

Lot

Size: 6,534 Square Feet
Features: Other

Details

Parcel number: 0456990000
Zoning description: Multi Family

Construction

Type & style

Home type: MultiFamily
Property subtype: Quadruplex

Materials

Other

Condition

New construction: No
Year built: 1969

Utilities & green energy

Utilities for property: Sewer Connected, Water Connected

Community & HOA

Community

Subdivision: North Side Park

HOA

Has HOA: No

Location

Region: Jacksonville

Financial & listing details

Price per square foot: $98/sqft
Tax assessed value: $143,425
Annual tax amount: $3,314
Date on market: 4/3/2024
Listing terms: Cash

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Foreclosure details

Estimated market value

$265,800

$229,000 - $303,000

$601/mo

Price history

Date	Event	Price
8/20/2024	Sold	$204,000-10.9%$75/sqft
Source: realMLS #2017761 Report a problem
6/11/2024	Pending sale	$229,000$85/sqft
Source: realMLS #2017761 Report a problem
5/22/2024	Price change	$229,000-13.6%$85/sqft
Source: realMLS #2017761 Report a problem
4/22/2024	Price change	$264,900-1.9%$98/sqft
Source: realMLS #2017761 Report a problem
4/9/2024	Price change	$269,900-3.6%$100/sqft
Source: realMLS #2017761 Report a problem
4/3/2024	Listed for sale	$279,900+699.7%$104/sqft
Source: realMLS #2017761 Report a problem
10/31/2013	Sold	$35,000-70.3%$13/sqft
Source: realMLS #685897 Report a problem
5/17/2004	Sold	$118,000+232.4%$44/sqft
Source: Public Record Report a problem
12/17/2002	Sold	$35,500-52.7%$13/sqft
Source: Public Record Report a problem
7/21/1999	Sold	$75,000$28/sqft
Source: Public Record Report a problem

Public tax history

Year	Property taxes	Tax assessment
2024	$3,287 -0.8%	$143,425 +1%
2023	$3,314 +13.1%	$142,045 +10%
2022	$2,930 +5.4%	$129,132 +10%
2021	$2,779 +2%	$117,393 +3.4%
2020	$2,724 +3.5%	$113,521 +7%
2019	$2,632 +5.4%	$106,051 +10%
2018	$2,496	$96,410 +1.6%
2017	$2,496 +5.3%	$94,849 +19%
2016	$2,369 +7.5%	$79,679 +6.4%
2015	$2,204 +3%	$74,863 -1.3%
2014	$2,139	$75,875 +7.2%
2013	--	$70,811 -8.9%
2012	--	$77,725 -6.1%
2011	--	$82,759 -19.8%
2010	--	$103,251 -5.4%
2009	--	$109,098 +4.2%
2006	--	$104,732 +5.6%
2005	$1,843	$99,200 +40.7%
2004	--	$70,500 +3.7%
2003	$1,319	$68,000 -7%
2002	--	$73,100 +1.1%
2001	--	$72,300 +2.3%
2000	--	$70,700