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231 E 16TH Street, Jacksonville, FL 32206 (MLS # 2139678)

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PRICE $499,900 dsIDX morgage calculator
BEDS 8
BATHS 4
HOME SIZE 2,762 sqft
LOT SIZE 5,228 sqft
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Fully renovated quad in the heart of New Springfield--an ideal turnkey addition to any investor's portfolio. Each of the four units has been thoughtfully updated with all-new appliances, modern flooring, and brand-new windows, offering both style and efficiency. Major system upgrades include new gas-powered tankless water heaters, providing long-term reliability and reduced operating costs. All units are currently leased, delivering immediate, stable cash flow from day one. With no deferred maintenance and strong rental appeal in a growing area, this property offers a rare opportunity for investors seeking a low-maintenance, income-producing asset.

LAST UPDATED 4/15/2026 TRACT New Springfield
YEAR BUILT 1960 COMMUNITY 076-Downtown Jacksonville-Eastside
COUNTY Duval STATUS Conditional
PROPERTY TYPE(S) Multi Family


ADDITIONAL DETAILS
AIR Central Air
AIR CONDITIONING Yes
APPLIANCES Electric Range, Microwave, Refrigerator, Tankless Water Heater, Washer/Dryer Stacked
AREA 076-Downtown Jacksonville-Eastside
CONSTRUCTION Block
HEAT Central
LOT 5227 sq ft
LOT DESCRIPTION Other
LOT DIMENSIONS 0.12
PARKING On Street
SEWER Public Sewer
STORIES 2
SUBDIVISION New Springfield
TAXES 5448.54
UTILITIES Cable Connected, Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
WATER Public
MORTGAGE CALCULATOR
   

TOTAL MONTHLY PAYMENT

0
P
I
*Estimate only
Listed with NOMAD REALTY
©2026 Northeast Florida Multiple Listing Service, Inc. All rights reserved.

The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange (IDX) program of the Northeast Florida Multiple Listing Service, Inc. Real estate listings held by brokerage firms other than Coldwell Banker are marked with the listing broker’s name and detailed information about such listings includes the name of the listing brokers. Data provided is deemed reliable but is not guaranteed.
Date Last Updated: 5/19/26 11:02 PM PDT

This IDX solution is (c) Diverse Solutions 2026.


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Our Coverage Areas

  • Downtown
  • Westside & Orange Park
  • Northside & Airport
  • Southside & Mandarin
  • Arlington
  • Springfield
  • San Marco
  • Riverside & Avondale
  • The Beaches & Mayport
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Stahl and Stahl Group
Stahl & Stahl Group

1011 3rd St. N.
Jacksonville Beach, FL 32250
Phone: (904) 591-5332

Our Coverage Areas

  • Downtown
  • Westside & Orange Park
  • Northside & Airport
  • Southside & Mandarin
  • Arlington
  • Springfield
  • San Marco
  • Riverside & Avondale
  • The Beaches & Mayport
  • All Properties

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