821 MINNIE ST, Jacksonville, FL 32204
821 MINNIE ST, Jacksonville, FL 32204
821 MINNIE ST, Jacksonville, FL 32204
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$889,000
Est. payment /mo
5,625 SqFt
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Key Details

Property Type Multi-Family

Sub Type Multi Family

Listing Status Active

Purchase Type For Sale

Square Footage 5,625 sqft

Price per Sqft $158

Subdivision Auberts

MLS Listing ID 2172051

Year Built 1951

Annual Tax Amount $7,565

Lot Size 0.310 Acres

Acres 0.31

Property Sub-Type Multi Family

Source realMLS (Northeast Florida Multiple Listing Service)

Property Description

Excellent multifamily investment opportunity in Jacksonville! Located at 821-835 Minnie Street, this property features eight residential units, each offering two bedrooms and one bathroom. The property is reported to be 100% leased, providing an established rental income stream. Units feature separate utilities, and the property is conveniently situated near Downtown Jacksonville. With a reported projected annual net income of $71,651.60, this property presents an attractive opportunity for investors seeking an income-producing asset. Buyer to verify rental income, expenses, lease terms, occupancy, and all property details. This information is deemed accurate but must be verified by the buyer and buyer's agent. This eight-unit multifamily property offers an opportunity for investors seeking an established rental asset in Jacksonville. The property consists of four concrete block duplexes on approximately 0.31 acres, with separately metered water and electricity. According to the marketing materials, the property is professionally managed and fully occupied. The advertised 2026 pro forma net operating income is $71,685, with a projected capitalization rate of 8.10%. Financial projections are not guaranteed and should be independently verified.

Location

State FL

County Duval

Community Auberts

Area 074-Paxon

Direction From downtown Jacksonville, head west on W Beaver Street. Turn right onto N Myrtle Avenue, then turn right onto W Union Street. Continue east and turn right onto Minnie Street. The property is located at 821 Minnie Street.

Interior

Cooling Ceiling Fan(s)

Exterior

Parking Features On Street

Private Pool No

Building

Lot Description Cleared

Others

Senior Community No

Tax ID 0757520000

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

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Listed by BLUE PEAK REALTY LLC • GERARDO GUTIERREZ

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