4-unit multifamily asset located on a quiet residential street in Springfield. Each unit features 2 bedrooms and 1 bathroom, with in-unit laundry, offering a highly desirable layout for long-term tenants. Concrete block construction provides durability, lower maintenance, and strong long-term performance.
Major capital improvements already completed, including roof replacement (2019), partial replumb (2019), and electrical updates (2020). Property includes a shared backyard, adding tenant appeal. Each unit is separately metered for both electricity and water.
This asset presents clear value-add opportunities to maximize rents through interior updates. Ideal for investors seeking a stabilized property with upside in a strong rental corridor close to downtown, Riverside, and major employment centers.
A solid addition to any multifamily portfolio with immediate income and long-term appreciation potential.
Closed
$399,000
239 E 16TH Street, Jacksonville, FL 32206
8beds
2,762sqft
Quadruplex
Built in 1961
-- sqft lot
$386,500 Zestimate®
$144/sqft
$1,345 Estimated rent
Home value
$386,500
$367,000 - $406,000
$1,345/mo
Zestimate® history
Owner options
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$1,345/mo
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$1,345/mo
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$2,728/mo
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Zillow last checked:
Listing updated:
Listed by:
RICHARD STANCATO 904-428-9269,
NOMAD REALTY 904-831-1701,
TRICIARAE STANCATO 315-857-7978
Bought with:
DERRICK WHITTIER, 3297029
BERKSHIRE HATHAWAY HOMESERVICES FLORIDA NETWORK REALTY
ELISABETH A BOBECK, 3122305
Source: realMLS,MLS#: 2124285
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 8
- Bathrooms: 4
- Full bathrooms: 4
Heating
- Varies by Unit
Cooling
- Wall/Window Unit(s)
Appliances
- Included: Electric Range, Microwave, Refrigerator, Washer/Dryer Stacked
- Laundry: In Unit
Interior area
- Total interior livable area: 2,762 sqft
Property
Parking
- Parking features: On Street, Shared Driveway
- Has uncovered spaces: Yes
Features
- Stories: 1
Lot
- Size: 5,227 sqft
- Features: Other
Details
- Parcel number: 0447820000
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Quadruplex
Materials
- Block
- Roof: Membrane
Condition
- New construction: No
- Year built: 1961
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Electricity Connected, Separate Electric Meters, Separate Water Meters, Sewer Connected, Water Connected
Community & neighborhood
Location
- Region: Jacksonville
- Subdivision: New Springfield
Other
Other facts
- Listing terms: Cash,Conventional,FHA,VA Loan
- Road surface type: Asphalt
Price history
| Date | Event | Price |
|---|---|---|
| 2/12/2026 | Sold | $399,000+1%$144/sqft |
Source:  realMLS #2124285 Report a problem | ||
| 11/7/2023 | Sold | $395,000+125.7%$143/sqft |
Source: realMLS #1245797 Report a problem | ||
| 5/17/2022 | Sold | $175,000+6.1%$63/sqft |
Source: Public Record Report a problem | ||
| 10/10/2019 | Sold | $165,000+111.5%$60/sqft |
Source: Public Record Report a problem | ||
| 7/24/2018 | Sold | $78,000+85.7%$28/sqft |
Source: Public Record Report a problem | ||
| 10/10/2017 | Sold | $42,000+663.6%$15/sqft |
Source: Agent Provided Report a problem | ||
| 10/25/2016 | Sold | $5,500-96.5%$2/sqft |
Source: Public Record Report a problem | ||
| 11/23/2005 | Sold | $159,000+18.2%$58/sqft |
Source: Public Record Report a problem | ||
| 8/30/2005 | Sold | $134,500+94.4%$49/sqft |
Source: Public Record Report a problem | ||
| 4/26/2004 | Sold | $69,200$25/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $5,548 +45.6% | $269,971 +57.2% |
| 2023 | $3,809 +10.9% | $171,789 +8.5% |
| 2022 | $3,434 +5.9% | $158,291 +10% |
| 2021 | $3,243 +2.9% | $143,901 +4.4% |
| 2020 | $3,153 +66.2% | $137,895 +110.2% |
| 2019 | $1,897 +44.5% | $65,604 +101.2% |
| 2018 | $1,313 | $32,612 +572.8% |
| 2017 | $1,313 +61.4% | $4,847 -47.9% |
| 2016 | $813 -9.4% | $9,296 -84.9% |
| 2015 | $897 -52.5% | $61,634 -7.2% |
| 2014 | $1,889 | $66,384 +7.4% |
| 2013 | -- | $61,818 -32.2% |
| 2012 | -- | $91,112 -5.8% |
| 2011 | -- | $96,745 -19.8% |
| 2010 | -- | $120,556 -21% |
| 2009 | -- | $152,695 +6.2% |
| 2006 | -- | $143,718 +46.2% |
| 2005 | $1,825 | $98,275 +11.2% |
| 2004 | -- | $88,375 +5.1% |
| 2003 | $1,630 | $84,075 +18.5% |
| 2002 | -- | $70,975 +2.2% |
| 2001 | -- | $69,475 +3.3% |
| 2000 | -- | $67,275 +2.9% |
| 1999 | -- | $65,375 |
Find assessor info on the county website
Neighborhood: Springfield
Nearby schools
GreatSchools rating
- 4/10Andrew A. Robinson Elementary SchoolGrades: PK-5Distance: 0.4 mi
- 2/10Matthew W. Gilbert Middle SchoolGrades: 6-8Distance: 1 mi
- 3/10William M. Raines High SchoolGrades: 9-12Distance: 4.1 mi
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Estimated market value
$386,500
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Estimated market value
$386,500
- Florida
- Duval County
- Jacksonville
- 32206
- Springfield
- 239 E 16TH Street
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