239 E 16TH Street, Jacksonville, FL 32206

New Listing
$399,000
Property Type: Residential Income Bedrooms: 8 Baths: 4 Square Footage: 2,762 Lot Size (sq. ft.): 5,227 Status: Active Under Contract
Current Price: $399,000 List Date: 1/09/2026 Last Modified: 1/14/2026

Description

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.

More Information MLS# 2124285

Location, Tax, and Legal

Country: US Parcel Number: 0447820000 Tax Annual Amount: 6237.48 Tax Year: 2025 Tax Legal Description: 2-69 01-2S-26E NEW SPRINGFIELD LOT 5 BLK 32

General Property Information

Lot Size Acres: 0.12 Bathrooms Half: 0 Living Area: 2762 Number Of Units Total: 4 Living Area Source: Public Records CDD Fee YN: No Waterfront YN: No Directions: From I-95 south, Exit on 8th street W, left on N Liberty and left on E 16th St. Property will be on the right Public Remarks: 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. Accessibility Features YN: No New Construction YN: No Garage YN: No Carport YN: No Pool Private YN: No Stories: 1 Stories Total: 2 Water Body Access YN: No List Price/SqFt: 144.46 Bedrooms Total: 8 Bathrooms Total: 4 Bathrooms Full: 4 Year Built: 1961

Currently Not Used

Accessory Dwelling Unit Y/N: No Property Attached YN: No yn11: No

Status Change Information

Contingent Date: 2026-01-14 Major Change Timestamp: 2026-01-14T23:38:46Z Major Change Type: Status Change Contingency: Active Under Contract

Appliances

Electric Range: 1 Microwave: 1 Refrigerator: 1 Washer/Dryer Stacked: 1

Construction Materials

Block: 1

Cooling

Wall/Window Unit(s): 1

Current Use

Multi-Family: 1 Residential: 1

Financial Data Source

Property Manager: 1

Heating

Varies by Unit: 1

Laundry Features

In Unit: 1

Listing Terms

Cash: 1 Conventional: 1 FHA: 1 VA Loan: 1

Lot Features

Other: 1

Owner Pays

Exterior Maintenance: 1

Parking Features

On Street: 1 Shared Driveway: 1

Possession

Close Of Escrow: 1 Subject To Tenant Rights: 1

Road Frontage Type

City Street: 1

Road Surface Type

Asphalt: 1

Roof

Membrane: 1

Sewer

Public Sewer: 1

Tenant Pays

All Utilities: 1

Unit 1 Details

Unit ID: 1 Actual Rent: 790 Unit SqFt: 690 Beds Total: 2 Full Baths Total: 1 Furnished: Unfurnished Unit Remarks: Leased thru 10-6-28 with annual rent increases.

Unit 2 Details

Unit ID: 2 Actual Rent: 840 Unit SqFt: 690 Beds Total: 2 Full Baths Total: 1 Furnished: Unfurnished Unit Remarks: Leased thru 7-27-27 with annual rent increases.

Unit 3 Details

Unit ID: 3 Actual Rent: 757 Unit SqFt: 690 Beds Total: 2 Full Baths Total: 1 Furnished: Unfurnished Unit Remarks: Leased thru 1-29-27 with annual rent increases.

Unit 4 Details

Unit ID: 4 Actual Rent: 0 Unit SqFt: 690 Beds Total: 2 Full Baths Total: 1 Furnished: Unfurnished Unit Remarks: Vacant. Listing for $895. Available for tours.

Utilities

Electricity Connected: 1 Separate Electric Meters: 1 Separate Water Meters: 1 Sewer Connected: 1 Water Connected: 1

Water Source

Public: 1

Contingency Reason

Financing: 1 Inspection: 1

Contract Information

Current Price: $399,000 List Price: $399,000 Status: Active Under Contract Listing Contract Date: 2026-01-08 Property Sub Type: Quadruplex

Location Tax and Legal

Street Number: 239 Street Direction Prefix: E Street Name: 16TH Street Suffix: Street County: Duval State: FL Postal Code: 32206 Subdivision Name: New Springfield MLS Area Major: 076-Downtown Jacksonville-Eastside

Property Features

Appliances: Electric Range; Microwave; Refrigerator; Washer/Dryer Stacked Construction Materials: Block Cooling: Wall/Window Unit(s) Current Use: Multi-Family; Residential Financial Data Source: Property Manager Heating: Varies by Unit Laundry Features: In Unit Listing Terms: Cash; Conventional; FHA; VA Loan Lot Features: Other Owner Pays: Exterior Maintenance Parking Features: On Street; Shared Driveway Possession: Close Of Escrow; Subject To Tenant Rights Road Frontage Type: City Street Road Surface Type: Asphalt Roof: Membrane Sewer: Public Sewer Tenant Pays: All Utilities Utilities: Electricity Connected; Separate Electric Meters; Separate Water Meters; Sewer Connected; Water Connected Water Source: Public Contingency Reason: Financing; Inspection
Listing Office: NOMAD REALTY
Last Updated: January - 14 - 2026
Information deemed reliable but not guaranteed.

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