1534 Morgan St - Apartments FOR SALE


Jacksonville, FL 32209- New Town
$419,000 USD
561-900-4362
1534 Morgan St, Jacksonville, FL for Sale
$419,000 USD
Apartments - FOR SALE
1/9
null | Request Cap Rate

1534 Morgan St
Jacksonville, FL 32209
New Town


OVERVIEW

1534 Morgan Street | Units 1–4 | Jacksonville, FL 32209 Turnkey 4-unit multifamily investment delivering immediate cash flow with upside potential. Property features solid block construction with fully renovated exteriors and partially renovated interiors. Each unit offers a functional layout with strong rental appeal, ample natural light, and consistent finishes throughout. Individually metered utilities and separate unit access streamline operations and reduce expenses. Low-maintenance systems and rent-ready interiors minimize upfront capex. Located in a high-demand rental corridor with strong tenant demand, just minutes from Downtown Jacksonville and Riverside. Highlights: 4-unit multifamily asset Strong rental demand location Minimal capex required Consistent, rent-ready interiors Individually metered utilities Low-maintenance construction Ideal for investors seeking stable income with additional upside through rent optimization. 3% buying agent commission offered. Annual property taxes: $2,730.60 Unit 2 is currently rented at $1,150/month Unit 4 is rented at $1100/ month Cap rate at 4 units rented at $1100 per month 13% Section 8 rent for a 3BR/1BA in this zip code is approximately $1,390/month

FOR SALE DETAILS

PRICE

$419,000 USD

PRICE/SF

$151 USD /SF

# OF UNITS

4

PRICE/UNIT

$104,750

CAP RATE

Request Cap Rate

% LEASED

50%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1969

PARKING SPACES

8

LAND DETAILS

LAND ACRES

0.14 AC

LAND SF

6,098 SF

ZONING

RMD-A

APN/PARCEL ID

075870-0100

ASK ABOUT THIS PROPERTY

Bella kaufmanIzabela Kaufman LLCMore Info
561-900-4362

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.

Bella kaufmanIzabela Kaufman LLCMore Info
561-900-4362

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.