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
Documents
Listing Office:
NOMAD REALTY
Last Updated: January - 14 - 2026
Information deemed reliable but not guaranteed.
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