2217 W 39TH Street, Jacksonville, FL 32209 (MLS # 2159829)
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Quadplex Opportunity! Investors, don't miss this exceptional opportunity to own a fully updated four-unit income-producing property with immediate cash flow and outstanding upside potential. This well-maintained quadplex features four spacious 2-bedroom, 1-bath units, each with its own refrigerator, range, window A/C units, and individually metered electric, water, and sewer, allowing tenants to pay their own utilities. The property has been converted to city sewer, eliminating septic concerns, and offers dedicated parking for each unit. Major capital improvements have already been completed, including a new roof and re-roof (2024), complete repipe and redrain, new water heaters, updated electrical wiring, fresh interior paint, remodeled kitchen, updated bathrooms, newer window A/C units, and luxury vinyl plank flooring throughout all four units. The property is nearly move-in ready, making it an easy addition to your investment portfolio. Enjoy immediate rental income with one unit leased at $800/month and another at $850/month, while the remaining two vacant units are ready to lease at current market rates, giving the new owner the opportunity to increase cash flow right away. The property is also HUD approved, further expanding your tenant pool. Looking for even greater returns? This property may also be an excellent PadSplit opportunity, offering investors the potential to maximize rental income through an alternative investment strategy. Whether you're expanding your portfolio, completing a 1031 exchange, or purchasing your first multifamily investment, this property checks all the boxes with strong infrastructure, separate utility metering, and excellent income potential. Opportunities like this are hard to find. Schedule your private showing today and secure this outstanding investment before someone else does!
| LAST UPDATED | 8/12/2026 | TRACT | Royal Terrace Addn |
|---|---|---|---|
| YEAR BUILT | 1954 | COMMUNITY | 075-Trout River/College Park/Ribault Manor |
| COUNTY | Duval | STATUS | Active |
| PROPERTY TYPE(S) | Multi Family |
| ADDITIONAL DETAILS | |
| AIR | Wall/Window Unit(s) |
|---|---|
| AIR CONDITIONING | Yes |
| APPLIANCES | Electric Range, Electric Water Heater, Refrigerator |
| AREA | 075-Trout River/College Park/Ribault Manor |
| CONSTRUCTION | Block |
| HEAT | Electric, Separate Meters |
| LOT | 6970 sq ft |
| LOT DESCRIPTION | Other |
| LOT DIMENSIONS | 0.16 |
| PARKING | Assigned |
| STORIES | 2 |
| SUBDIVISION | Royal Terrace Addn |
| TAXES | 5785.72 |
| UTILITIES | Electricity Connected, Sewer Connected, Water Connected |
| VIEW | Yes |
| VIEW DESCRIPTION | Other |
| WATER | Public |
| ZONING | Multi Family |
MORTGAGE CALCULATOR
TOTAL MONTHLY PAYMENT
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*Estimate only
Listed with UNITED REAL ESTATE GALLERY
©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: 8/16/26 2:23 AM PDT
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: 8/16/26 2:23 AM PDT
This IDX solution is (c) Diverse Solutions 2026.
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