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  • $480,000

    5838 YELLOW PINE Court, Jacksonville, FL 32277

    8beds
    3,024sqft
    Quadruplex
    Built in 1963
    -- sqft lot
    $487,800 Zestimate®
    $159/sqft
    $1,370 Estimated rent

    Home value

    $487,800

    $449,000 - $527,000

    $1,370/mo

    Zestimate® history
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    What's special

    New ac unitsKitchen with granite countertopsGe stainless steel appliancesNew white vinyl fencing
    🏡 Prime Investment Opportunity: Fully Renovated 8-Bedroom Multifamily Property Near Jacksonville University! 🏡 Are you on the hunt for an exceptional investment property in the fast-growing market of Jacksonville, FL? Look no further! This recently renovated 8-bedroom, 4-bath multifamily home is the perfect addition to your real estate portfolio. Located in close proximity to Jacksonville University (JU), this property offers immense potential for consistent rental income and strong returns. 🌟 Key Investment Highlights: ✅ 8 bedrooms and 4 bathrooms: With four individual 2-Bedroom / 1-Bath apartments, this property maximizes your rental income potential, ensuring a steady cash flow. ✅ Fully Renovated: Recent updated mean minimal maintenance costs and immediate rental-ready status. Start earning from day one with this turn-key investment!  Main Sewer plumbing was just replaced from the clean outs to the city sewer saving all future buyers almost $20,000 on a sewer replacement.  Proximity to Jacksonville University: Take advantage of the inevitable expansion of JU and the strong future upside in equity.  Kitchen with Granite Countertops: A modern kitchen with granite countertops, white wooden kitchen cabinets with dovetail drawers, and tile backsplash not only attracts tenants but also increases the property's overall value.  New White Vinyl Fencing: Enhanced security and curb appeal with brand-new professionally installed white vinyl fencing that fully encloses the property.  Ample Parking: With seven parking spaces on-site and located on a private road, you'll never worry about tenant parking issues.  New Roofing & Tree Removal: Enjoy peace of mind with a newly installed roof and removal of large trees overhanging the building, reducing short and long-term maintenance costs.  New AC Units: Tenant comfort and energy efficiency are prioritized with brand-new AC units.  GE Stainless Steel Appliances: The addition of stainless steel appliances not only elevates the property's appeal but also enhances its durability.  Updated Plumbing and Electrical: Ensure smooth operations and reduced maintenance hassles with updated plumbing and electrical systems. Photos taken before tenants moved in.

    Zillow last checked:

    Listing updated:

    Listed by:

    BRIAN ALTERMAN 904-254-2766,

    LEGACY REALTY GROUP LLC 904-477-4409,

    Elliott Greenberg

    Bought with:

    DINA MOEAKIOLA, 3379924

    REDFIN CORPORATION

    Source: realMLS,MLS#: 2058782MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 8
    • Bathrooms: 4
    • Full bathrooms: 4
    Heating
    • Central, Heat Pump
    Cooling
    • Central Air
    Appliances
    • Included: Electric Oven, Electric Range, Electric Water Heater, Refrigerator
    Features
    • Flooring: Tile, Vinyl
    Interior area
    • Total interior livable area: 3,024 sqft

    Property

    Parking
    • Parking features: Unassigned
    Features
    • Fencing: Back Yard
    Lot
    • Size: 6,098 Square Feet
    • Features: Dead End Street
    Details
    • Parcel number: 1132250100
    • Zoning description: Multi Family

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Quadruplex
    Materials
    • Block
    Condition
    • New construction: No
    • Year built: 1963

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public
    • Utilities for property: Electricity Connected, Sewer Connected, Water Connected

    Community & HOA

    Community
    • Subdivision: Floral Bluff Estates
    HOA
    • Has HOA: No
    Location
    • Region: Jacksonville

    Financial & listing details

    • Price per square foot: $159/sqft
    • Tax assessed value: $343,524
    • Annual tax amount: $6,587
    • Date on market: 11/29/2024
    • Listing terms: Cash,Conventional,FHA,VA Loan
    • Tenant pays: All Utilities

    Price history

    DateEventPrice
    1/22/2025Sold$480,000-5%$159/sqft
    Source: realMLS #2058782 Report a problem
    11/29/2024Listed for sale$505,000-1.9%$167/sqft
    Source: realMLS #2058782 Report a problem
    9/10/2024Listing removed$515,000$170/sqft
    Source: realMLS #1253273 Report a problem
    7/3/2024Price change$515,000-3.7%$170/sqft
    Source: realMLS #1257502 Report a problem
    5/17/2024Price change$535,000-3.6%$177/sqft
    Source: realMLS #1257502 Report a problem
    3/14/2024Price change$555,000-3.5%$184/sqft
    Source: realMLS #1257502 Report a problem
    12/12/2023Listed for sale$575,000$190/sqft
    Source: realMLS #1257502 Report a problem
    12/8/2023Pending sale$575,000$190/sqft
    Source: realMLS #1257502 Report a problem
    10/20/2023Listed for sale$575,000+47.1%$190/sqft
    Source: realMLS #1253273 Report a problem
    9/29/2021Sold$391,000+584.8%$129/sqft
    Source: Public Record Report a problem
    7/1/2010Sold$57,100-56.5%$19/sqft
    Source: Public Record Report a problem
    11/20/2006Sold$131,300$43/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2024$6,862 -2.6%$343,524 -1.2%
    2023$7,046 +15.3%$347,783 +10%
    2022$6,109 +140.3%$316,167 +204.4%
    2021$2,543 +2.7%$103,871 +4.5%
    2020$2,475 +2.6%$99,405 +5.2%
    2019$2,413 +3.8%$94,517 +6.4%
    2018$2,326 $88,836 +7.4%
    2017$2,326 +4.2%$82,677 +9.7%
    2016$2,232 +5.1%$75,336 +6.1%
    2015$2,123 +2.8%$71,012 -1.3%
    2014$2,066 $71,960 -8.6%
    2013-- $78,741 -3.2%
    2012-- $81,368 -5.9%
    2011-- $86,479 -21.7%
    2010-- $110,388 -5.2%
    2009-- $116,388
    Find assessor info on the county website

    Neighborhood: Arlington Manor

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $487,800
    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
    $487,800