About This Home

This 8-bedroom, 4-bathroom multi-family at 2217 W 39TH Street in Jacksonville, FL is listed for $359,900 ($140 per sqft). Built in 1954, the home offers 2,576 sqft of living space on a 0.16 acres lot.

Key Features

  • Built in 1954
  • 0.16 acre lot

Property Details

1 story
4 full
1954

Amenities

A/C
Listing Description

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!

Monthly Cost Estimate

$1,925/mo

20% down · 6.5% · 30 years

Principal$260
Interest$1,560
Insurance$105

Estimates only. Actual payments may vary.

Location

2217 W 39TH Street

Jacksonville, FL 32209

Royal Terrace Addn

Property Details

Flooring

VinylTile

Construction

Block

Parking

Assigned

Heating

Electric (Heating)

Cooling

Window Unit(s)Wall/Window Unit(s)

Appliances

Electric RangeElectric Water HeaterRefrigerator

Questions & Answers

This 8-bedroom, 4-bathroom multi-family at 2217 W 39TH Street is listed at $359,900 ($140/sqft). The estimated monthly payment is $1,925 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: Built in 1954, 0.16 acre lot.

This property is listed by CANDICE WILLIAMS.

CW

CANDICE WILLIAMS

Agent at United Real Estate Gallery

Listed by United Real Estate Gallery · Broker phone: (904) 500-3948 · View on Broker Site · Broker website

MLS# 2159829· Source: realMLS· 79 days on PropertySimple

Copyright © 2026 realMLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

2217 W 39TH Street, Jacksonville, FL 32209

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