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