1534 Morgan Street, Jacksonville, FL 32209

$310,000
8
BD
4
BA
2,776
SqFt

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Sold Price
$310,000
List Price
$330,000
Status
CLOSED
Days on Market
28
Closing Date
Dec 31, 2025
MLS#
2109815
Subtype
Residential Income
Year Built
1969
Bedrooms
8
Bathrooms
4
Full Baths
4
Living Area
2,776
Lot Size
6,098
Acres
0.14
Subdivision
Smiths Allotment
Neighborhood
074-Paxon

Property Description

This quadplex in the heart of downtown offers the perfect blend of location, income potential, and versatility. Just steps from restaurants, shops, entertainment, and major employers, it provides both convenience for tenants and a desirable lifestyle for an owner-occupant. With four spacious units, the property is well-positioned to generate strong rental income, with the potential to achieve a cap rate of up to 13%. Investors will appreciate the steady cash flow and long-term growth, while owner-occupants have the unique opportunity to live in one unit and let the other rentals offset their mortgage. Whether you're looking to expand your portfolio with a high-performing asset or secure a home that helps pay for itself, this downtown quadplex is a rare find that combines prime location with financial upside.

Additional Information

Air Conditioning
Wall/Window Unit(s)
Stories
1

Listing courtesy of KELLER WILLIAMS FIRST COAST REALTY.

Selling Office: .

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