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Home For Sale In Jacksonville, Florida
1848 W 5th St, Jacksonville, Florida, 32209

Home For Sale In Jacksonville, Florida

house for sale
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Listed: 05/31/24

1848 W 5th St, Jacksonville, Florida, 32209

Studio Bed:
2,700 Sq Ft Living Area:
Save
Price
$ 379,900

About This House

Don't miss out on this income-producing, concrete block two-story fourplex located in the center of Jacksonville, FL, just minutes away from the approved $440M luxury riverside project by Jacksonville Jaguars owner Shahid Khan. The property currently generates a total monthly income of$3, 500,with individual rents at$850, $950, $850,and $850, two of which are from long-term tenants. Significant improvements, totaling approximately$35, 000,include a complete electrical system overhaul to meet the latest Jacksonville city code, major landscape overhaul with stump tree roots removal, tree foliage cut back, and yard cleanup. Additional upgrades feature new water heaters, steel-braided plumbing supply lines, new stoves and refrigerators in most units, new window screens on all windows, and extensive renovations in Unit 2 and Unit 3 including flooring and bathrooms. Routine pest control, bathroom caulking general repairs

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Jacksonville Housing & Living

Average sale prices for houses

2 bed
3 bed
4+ bed
Show as List Show as Graph
In May 2024, the asking price for 2 bed houses for sale in/near Jacksonville, United States averaged $227,778, an increase of 0.9% from the previous month.
Median price trends for properties for sale in Jacksonville, United States as of May 2024.

Household Income

Median household income: $54,269
Number of households: 345,865
The average household income in Jacksonville, FL grew from $51,497 to $54,269 in the past year. This data is an estimate based upon 345,865 households in Jacksonville, FL.
The chart below presents how household income is distributed in Jacksonville, FL in comparison to the revenue allocation amid households nationally.

Property Taxes

Average range: $800-$1,500
One of the most important aspects for property owners is the amount of property taxes. This graph shows distribution of property taxes in Jacksonville, FL compared to median property taxes around the country. The prevalent amount of property taxes in Jacksonville, FL equals $800-$1,500 , which is less than the national average.