Sold for $614,000

$614,000

2989 Downing St, Jacksonville, FL 32205

4beds

0baths

3,272sqft

Investment Income/Apartment

Built in 1947

-- sqft lot

$609,500 Zestimate^®

$188/sqft

$1,489 Estimated rent

Home value

$609,500

$579,000 - $640,000

$1,489/mo

Zestimate^® history

Owner options

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$1,489/mo

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$1,489/mo

Rent Zestimate^®

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$4,130/mo

Est. payment

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$4,130/mo

Est. payment

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What's special

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.

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 4
Bathrooms: 0

Heating

Forced air, Electric

Cooling

Central

Appliances

Included: Dishwasher, Dryer, Range / Oven, Refrigerator, Washer
Laundry: Wash/Dry Connection

Features

Flooring: Tile, Carpet

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: 0632170000
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: $188/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	$614,000+38.3%$188/sqft
Source: Public Record Report a problem
3/5/2021	Sold	$444,000-1.3%$136/sqft
Source: realMLS #1091550 Report a problem
1/23/2021	Contingent	$450,000$138/sqft
Source: realMLS #1091550 Report a problem
1/22/2021	Pending sale	$450,000$138/sqft
Source: WATSON REALTY CORP #1091550 Report a problem
1/22/2021	Listed for sale	$450,000+462.5%$138/sqft
Source: WATSON REALTY CORP #1091550 Report a problem
9/1/2000	Sold	$80,000$24/sqft
Source: Public Record 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 +44.8%	$414,760 +74.4%
2021	$5,379 +8.1%	$237,832 +10%
2020	$4,979 +3.5%	$216,211 +10%
2019	$4,809 +3.6%	$196,556 +10%
2018	$4,644	$178,688 -32.3%
2017	$4,644 +6.9%	$264,072 +30.8%
2016	$4,345 +13.3%	$201,824 +14.3%
2015	$3,835 +7.6%	$176,596 +44.7%
2014	$3,563	$122,048 +5.7%
2013	--	$115,474 -7.2%
2012	--	$124,410 +15.3%
2011	--	$107,885 -19.3%
2010	--	$133,760 -5.1%
2009	--	$140,926 +5.5%
2006	--	$133,609 +3.8%
2005	$2,391	$128,740 +10%
2004	--	$117,040 +4.1%
2003	$2,180	$112,440 +3.2%
2002	--	$108,940 +1.3%
2001	--	$107,540 +37.8%
2000	--	$78,040