Great investment opportunity, brick quadruplex in sought after Riverside area. All units are 1/1 and building is fully occupied. All units have their own washer and driers, tenants pay their own water and electric. There is opportunity to raise rents to increase return. Similar units in the area are collecting $895-$995 a month for rent.
Sold for $650,000
$650,000
2983 Downing St, Jacksonville, FL 32205
4beds
3,272sqft
Investment Income/Apartment
Built in 1947
-- sqft lot
$645,200 Zestimate®
$199/sqft
$1,629 Estimated rent
Home value
$645,200
$613,000 - $677,000
$1,629/mo
Zestimate® history
Owner options
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$1,629/mo
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$1,629/mo
Rent Zestimate®
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$4,426/mo
Est. payment
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$4,426/mo
Est. payment
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Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 4
- Full bathrooms: 4
Heating
- Forced air, Electric
Cooling
- Central
Appliances
- Included: Dishwasher, Dryer, Range / Oven, Refrigerator, Washer
- Laundry: Wash/Dry Connection
Features
- Flooring: Softwood, Hardwood
Interior area
- Structure area source: Tax Roll
- Total interior livable area: 3,272 sqft
Property
Features
- Exterior features: Wood, Brick
Lot
- Size: 6,969 Square Feet
- Features: Historic Area, Regular Lot
Details
- Parcel number: 0632180000
- Zoning description: CRO
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Investment Income/Apartment
Materials
- Roof: Asphalt
Condition
- Year built: 1947
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Community
- Security: Smoke Detector(s)
Location
- Region: Jacksonville
Financial & listing details
- Price per square foot: $199/sqft
- Tax assessed value: $627,627
- Annual tax amount: $11,937
- Lease term: Month To Month, year
- Tenant pays: Water, All Electric
- Road surface type: Asphalt Road
Price history
| Date | Event | Price |
|---|---|---|
| 4/15/2026 | Sold | $650,000+44.4%$199/sqft |
Source: Public Record Report a problem | ||
| 4/27/2021 | Sold | $450,000$138/sqft |
Source:  realMLS #1091560 Report a problem | ||
| 1/23/2021 | Contingent | $450,000$138/sqft |
Source:  realMLS #1091560 Report a problem | ||
| 1/22/2021 | Pending sale | $450,000$138/sqft |
Source: WATSON REALTY CORP #1091560 Report a problem | ||
| 1/22/2021 | Listed for sale | $450,000$138/sqft |
Source: WATSON REALTY CORP #1091560 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $11,937 +5.5% | $627,627 +6.5% |
| 2023 | $11,311 +45.2% | $589,589 +42.2% |
| 2022 | $7,788 +44.4% | $414,760 +73.6% |
| 2021 | $5,392 +8.1% | $238,902 +10% |
| 2020 | $4,990 +3.5% | $217,184 +10% |
| 2019 | $4,819 +3.6% | $197,440 +10% |
| 2018 | $4,653 | $179,491 -32% |
| 2017 | $4,653 +6.9% | $264,072 +30.8% |
| 2016 | $4,354 +13.3% | $201,824 +14.3% |
| 2015 | $3,842 +7.6% | $176,596 +44% |
| 2014 | $3,570 | $122,596 +5.7% |
| 2013 | -- | $116,026 -6.6% |
| 2012 | -- | $124,172 +16.4% |
| 2011 | -- | $106,702 -19.5% |
| 2010 | -- | $132,601 -5.1% |
| 2009 | -- | $139,773 +5.6% |
| 2006 | -- | $132,337 +3.8% |
| 2005 | $2,368 | $127,468 +10.1% |
| 2004 | -- | $115,768 +4.1% |
| 2003 | $2,156 | $111,168 +3.3% |
| 2002 | -- | $107,668 +1.3% |
| 2001 | -- | $106,268 +38.4% |
| 2000 | -- | $76,768 |
Find assessor info on the county website
Neighborhood: Riverside
Nearby homes
- $--1 bd1 ba700 sqft2983 Downing St #1, Jacksonville, FL 32205Off Market
- $182,8001 bd1 ba700 sqft2983 Downing St APT 1, Jacksonville, FL 32205Off Market
- $--1 bd1 ba700 sqft2983 Downing St APT 3, Jacksonville, FL 32205Off Market
- $--1 bd1 ba700 sqft2983 Downing St APT 4, Jacksonville, FL 32205Off Market
- $--1 bd1 ba700 sqft2983 Downing St #2, Jacksonville, FL 32205Off Market
- $1,1701 bd1 ba700 sqft2979 Downing St #1, Jacksonville, FL 32205For Rent
- $--1 bd1 ba700 sqft2979 Downing St APT 4, Jacksonville, FL 32205Off Market
- $--1 bd1 ba700 sqft2979 Downing St APT 2, Jacksonville, FL 32205Off Market
Nearby schools
GreatSchools rating
- 7/10West Riverside Elementary SchoolGrades: PK-5Distance: 0.5 mi
- 4/10Lake Shore Middle SchoolGrades: 6-8Distance: 2.7 mi
- 3/10Robert E. Lee High SchoolGrades: 9-12Distance: 0.1 mi
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Estimated market value
$645,200
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$645,200
- Florida
- Duval County
- Jacksonville
- 32205
- Riverside
- 2983 Downing St
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