2531 Dellwood Ave · Jacksonville, FL 32204

$384,000

3 bd · 2.0 ba · 1,222 sqft · MultiFamily public records · 135 Days on market

Built 1928 6,098 sqft lot Est $334k · 15% over

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Why this score? — see what drove the C- grade

The composite is a weighted blend of 9 inputs, each scored 0–100. Each bar is that input's sub-score; the figure is the points it added to the 100-point composite (weight × sub-score).

• Cash flow +22.4/30.0
• DSCR +7.2/10.0
• 1% rule +5.8/10.0
• Livability +4.2/5.0
• Schools +3.9/10.0
• Rent growth +3.7/5.0
• Condition / age +2.5/5.0
• ARV discount +0.7/15.0
• Appreciation +0.0/10.0

Multi-family units

County records classify this as Multi-Family (5+ Unit). Listing-text estimate: 3 units. estimate disagrees with records

5+ unit building — per-unit beds/baths from public records are typically unavailable; the breakdown below (if shown) is an estimate from the listing text.

Listing remarks MLS

Charming Riverside Triplex/ Income Potential. Live in One, Rent the Others! With a 3% Assumable FHA loan! Qualified buyers can receive up to $7,500 toward closing costs or rate buy-down with our preferred lender! Exceptional opportunity in the heart of historic Riverside! This spacious & versatile triplex offers a unique blend of character, functionality, & income-generating potential. Total of 3 kitchens, 3 full baths, & 3 separate living spaces, this property is ideal for house hackers, investors, or multi-generational living. The main residence features a large bedroom, a full bath, dining room, full kitchen, laundry room, & add'tl bonus space - all with vintage charm & modern updates. A connected but private middle unit includes 1 bedroom, 1 bath, full kitchen, dining room, & private entrance, perfect for long-term rental or guest quarters. The detached rear unit boasts a 1-bedroom suite complete with a full kitchen, private bath, living room, & its own utility area Situated on a large lot just minutes from 5 Points, Downtown, and the St. Johns River, this triplex is walking distance to parks, restaurants, and shopping. Zoned for multifamily use and with plenty of off-street parking, this is an investor's dream in one of Jacksonville's most vibrant neighborhoods. Don't miss your chance to own a piece of Riverside - schedule your private tour today! Additional Details: (Buyer to verify all square footage) Front unit 700 sq ft, Rear unit 522 sq ft Garage unit: 560 sq ft Separate electrical for all units Water master metered for main home, separate meter for garage unit. Electrical updated Main roof, reroofed 2007 Garage unit, reroofed 2024 Main AC units 05 Garage AC Unit 07

Key facts

• Income potential
• Private entrance
• Riverside triplex

Tags

• RIVERSIDE TRIPLEX
• INCOME POTENTIAL
• 3 KITCHENS
• 3 FULL BATHS
• 3 SEPARATE LIVING SPACES
• PRIVATE ENTRANCE

Property features AI

Finance

• Other: Property currently used as multi-family / residential / single family; Total of 3 units on the property
• Financial info: Owner pays exterior maintenance, taxes, and trash collection

Exterior

• Parking: 2-car garage; Off-street parking; On-street parking; Shared driveway
• Security: Closed-circuit camera(s); Security lights
• Utilities: Public sewer; Cable available; Electricity available; Water connected
• Home design: Triplex; Multi/split and two-level layout; 2 total stories; 2 buildings
• Construction: Frame construction with wood siding
• Exterior features: Closed-circuit cameras; Security lights; Back yard fencing; Shingle roof; Guest house; City street frontage; Asphalt road surface; Lot features: Other

Interior

• Kitchen: Electric range; Microwave; Refrigerator
• Bedrooms: 3 bedrooms
• Flooring: Tile; Vinyl; Wood
• Bathrooms: 3 full bathrooms
• Heating & cooling: Central heating (electric); Central air conditioning (electric)
• Interior features: In-unit laundry; Fireplace (1); Tile, vinyl, and wood flooring
• Laundry & utility: Washer and dryer (in-unit); Electric water heater

What this means for you Summary

Snapshot

• This is a 3 × 3-bed/3.0-bath units multifamily listed at $384k.

Deal economics

• At list price, monthly cash flow is $640 ($8k/yr) — positive. Per door: $213/mo.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($4k rent vs $384k).
• Recommended offer: $338k (12.0% below list) — sets the bar for market timing.
• Cap rate 8.3% vs local median 4.0% in Jacksonville — top-decile yield for the area; either an underpriced asset or a hidden risk that comps aren't pricing in. Stress-test before assuming the spread holds.

Location & tenants

• Location reads 83/100 on livability (#50 in FL, #911 nationally) — a professional / high-income tenant draw. Strengths: amenities A+, commute A+, housing A+.
• Duval (urban): math 46% / reading 45% proficiency, ranked #48 of 73 in FL (top 66%) — families likely to look elsewhere, expect single-tenant / working-renter base with shorter leases.
• Zoned schools: Central Riverside Elementary School (math 62% / reading 62%, grade B, #608 of 2,144 statewide, top 29%, 353 students, 56% FRL); Lake Shore Middle School (math 25% / reading 22%, grade F, #536 of 571 statewide, top 95%, 972 students, 75% FRL); Riverside High School (math 24% / reading 39%, grade F, #424 of 667 statewide, top 64%, 1,567 students, 60% FRL).
• Market conditions: Rents rising fast (+4.7%/yr); 75 active listings in the ZIP; 40 comparable units currently listed for rent nearby; rentals at typical pace (median 17d on market — plan ~3-4 weeks tenant-placement turnaround); 6,503 units permitted in Duval County in 2024 (1,131 in 5+ unit buildings).
• At $4,137/mo this rent would consume 76% of the median local household income ($65k/yr) (locally 866% of renters already pay >50% of income on rent) — very limited rent-growth headroom before tenants either downsize or default.

Forward outlook

• Local home prices are declining (-3.0%/yr); year-one equity from $3k of loan paydown is wiped out by about $12k of value loss. Plan a longer hold.
• Duval County population projected at +19% by 2050 — long-run rental-demand tailwind backs the buy-and-hold thesis.

Negotiation context

• It's been on market 135 days — a 12% lower offer ($338k) is reasonable based on typical stale-listing flexibility.
• 8 sale attempts since 25y ago; this cycle's ask has dropped $31k (7%) from the opening price — seller is motivated, your offer sets the floor, not the list.
• Current owner paid $315k; 22% above their basis — modest negotiation headroom, anchor on the comps not their cost.

Risks & watch-outs

• Watch-outs: built in 1928 — expect roof / HVAC / electrical / plumbing capex.
• Climate carrying-cost: severe wind risk, 99% chance of damaging wind over 30y; extreme-heat days projected 7→21/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $337,920 (12.0% below list)

Questions for the listing agent

1. It's been on market 135 days. Have you received any prior offers? Is the seller open to a 12% concession, seller financing, or rate buy-down credit?
2. Can we see the unit-by-unit rent roll, current vacancy, and any below-market leases? What's the average tenancy length?
3. What capital expenditures (roof, boiler, parking lot, exteriors) have been made in the last 5 years, and what's planned in the next 2?
4. Built in 1928 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
5. Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
6. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
7. Schools are B-rated — typically a magnet for longer-tenancy family renters. What's the average tenant stay here, and is there a school-zone premium baked into asking?
8. What's the average days-on-market for RENTAL listings here right now (not sales)? A rising rental-DOM trend means longer vacancies and softer asking-rent achievability than the comps imply.
9. What's the recent tenant-quality profile in this submarket — average credit score on applications, eviction rate, late-payment / NSF rate, and stable-employment percentage? A property-management company in the area should have these aggregated.
10. How much new apartment / multifamily construction is in the pipeline within 1–3 miles? Heavy new supply (>2% of stock underway) typically softens rents 12–24 months out; light construction supports rent growth.

Investment metrics

• 1% rule: 1.08% ✓
• Cap rate: 8.29%
• Cash-on-cash: 7.15%
• DSCR: 1.32
• GRM: 7.7

CMA / ARV

• ARV (on-the-fly): $333,606
• Comps found: 1

Show comp detail 1 sale within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
2307 Gilmore St	0.19mi	4/2.0 (+1)	1,380 (+13%)	11mo	$377,000	$273	55

Match score weights: distance 35% · size 25% · config 20% · recency 20%. Top-matched comps best support the ARV.

Projected returns pro-forma

-3.0% appreciation · 4.69% rent growth · sell at horizon

5-year hold

• IRR: -3.5%
• Equity multiple: 0.87×
• Total profit: $-14,250
• Equity at exit: $57,256

10-year hold

• IRR: 8.0%
• Equity multiple: 1.66×
• Total profit: $70,668
• Equity at exit: $33,201

Cash invested: $107,520 (down + closing). Projections, not guarantees.

Landlord ↔ Tenant lean methodology

• Overall (STATE): 87 Strongly Landlord-Friendly
• State Florida: 87 Strongly Landlord-Friendly · R+3
• County: — inherits STATE
• City: — inherits STATE

3-day pay-or-quit; preempts local rent control; landlord-friendly statutes. Court speed varies by county.

Methodology + full state rankings →

ZIP-level market 32204

• Home prices YoY: -28.2%
• Rents YoY: 4.7%
• Active inventory: 75
• Price-to-rent: 23.2×

Monthly cashflow live

• Estimated rent: $4,137 medium
• Mortgage (P&I): −$2,014
• Tax from tax record: −$454 /mo · $5,451/yr
• Insurance: −$160
• HOA: −$0
• Vacancy / Maint / Mgmt: −$869
• Net cashflow: $640

Break-even live

Break-even rent $3,327

Max offer price $384,000

Occupancy floor 80%

3-unit breakdown (identical units grouped — click to expand)

Units	Beds	Baths	Est. rent
▸ 3× units	3	3	$4,137
Total (3 units)			$4,137

UW: 25.0% down · 7.5% · 30yr · 1.5% tax · 5.0% vac · 8.0% maint · 8.0% mgmt

Financing live

Cash to close

• Down payment: $96,000
• Closing costs: $11,520
• Reserves months: —
• Total cash needed: —

Rent comps 40 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
2614 Dellwood Ave Jacksonville, FL	3.0	1.0	1122	$2,325	$2.07	4d	1	0.13mi
2577 Haldumar Ter Jacksonville, FL	2.0	1.0	865	$1,050	$1.21	1d	1	0.14mi
2578 Haldumar Ter Jacksonville, FL	2.0	1.0	1114	$2,195	$1.97	14d	1	0.16mi
2611 Green St Jacksonville, FL	2.0	1.0	728	$1,195	$1.64	23d	1	0.18mi
2611 Green St Jacksonville, FL	2.0	1.0	728	$1,195	$1.64	14d	1	0.18mi
2561 Rosselle St #1 Jacksonville, FL	3.0	3.0	1287	$1,395	$1.08	23d	1	0.19mi
2526 Phyllis St Jacksonville, FL	3.0	2.0	1300	$1,800	$1.38	23d	1	0.21mi
2309 College St Jacksonville, FL	2.0	1.0	1200	$1,200	$1.00	13d	1	0.21mi
2657 Post St Apt 2 Jacksonville, FL	3.0	1.0	1100	$1,700	$1.55	2d	1	0.30mi
715 Ralph St Jacksonville, FL	4.0	2.0	1338	$2,195	$1.64	4d	1	0.31mi
2701 Myra St Jacksonville, FL	3.0	1.0	1065	$1,595	$1.50	21d	1	0.31mi
907 Copeland St Jacksonville, FL	2.0	1.0	784	$1,395	$1.78	23d	1	0.35mi
717 King St Jacksonville, FL	3.0	2.0	1132	$1,800	$1.59	17d	1	0.35mi
2589 Park St Unit 2589 Jacksonville, FL	2.0	1.0	1354	$1,850	$1.37	23d	1	0.36mi
2512 Park St Unit 3 Jacksonville, FL	2.0	1.5	800	$1,395	$1.74	4d	1	0.37mi
2136 College St #4 Jacksonville, FL	2.0	1.0	900	$1,250	$1.39	23d	1	0.38mi
2759 Dellwood Ave Jacksonville, FL	3.0	2.0	1080	$2,100	$1.94	19d	1	0.42mi
2044 Dellwood Ave Jacksonville, FL	2.0	1.0	1375	$1,825	$1.33	23d	1	0.44mi
2022 Dellwood Ave Unit 2 Jacksonville, FL	2.0	1.0	800	$1,098	$1.37	14d	1	0.46mi
2359 Oak St #2 Jacksonville, FL	2.0	1.0	800	$995	$1.24	10d	1	0.47mi
2777 Post St Jacksonville, FL	2.0	1.0	1200	$1,195	$1.00	23d	1	0.47mi
2803 College St Jacksonville, FL	2.0	1.0	1100	$1,550	$1.41	13d	1	0.49mi
2002 Ernest St Unit A Jacksonville, FL	2.0	1.0	1000	$1,795	$1.79	13d	1	0.49mi
2247 Riverside Ave Unit 6 Jacksonville, FL	2.0	1.0	830	$1,895	$2.28	23d	1	0.56mi
2812 Ernest St Jacksonville, FL	3.0	1.0	1461	$2,800	$1.92	23d	1	0.59mi
371 Smith St Jacksonville, FL	3.0	2.0	1050	$1,325	$1.26	4d	1	0.63mi
2837 Lydia St Jacksonville, FL	2.0	1.0	1000	$1,495	$1.50	4d	1	0.68mi
2837 Lydia St Unit 2 Jacksonville, FL	2.0	1.0	1000	$1,495	$1.50	23d	1	0.68mi
2842 Sydney St Unit 4 Jacksonville, FL	2.0	1.0	1200	$1,300	$1.08	23d	1	0.68mi
1060 Cherry St Jacksonville, FL	2.0	1.0	1356	$1,623	$1.20	21d	1	0.69mi
420 Sunshine St Jacksonville, FL	3.0	2.0	1050	$1,350	$1.29	1d	1	0.70mi
1329 Cherry St Jacksonville, FL	3.0	1.0	1408	$1,595	$1.13	13d	1	0.73mi
2054 Riverside Ave Jacksonville, FL	1.0–2.0	1.0–2.0	950	$2,418	$2.54	3d	14	0.75mi
1846 Margaret St Unit 7A Jacksonville, FL	2.0	1.5	1313	$3,000	$2.28	23d	1	0.80mi
2980 Ernest St Jacksonville, FL	2.0	1.0	920	$1,200	$1.30	23d	1	0.82mi
2798 St Johns Ave Jacksonville, FL	1.0–2.0	1.0–2.0	962	$2,255	$2.34	2d	16	0.83mi
809 McDuff Ave S Jacksonville, FL	2.0	1.0	1006	$995	$0.99	4d	1	0.85mi
2931 Saint Johns Ave #4 Jacksonville, FL	2.0	2.0	1100	$1,650	$1.50	13d	1	0.93mi
3036 Green St Jacksonville, FL	3.0	1.0	924	$1,495	$1.62	23d	1	0.94mi
1529 McDuff Ave S Unit 2 Jacksonville, FL	2.0	1.0	950	$1,150	$1.21	23d	1	0.98mi

Listing history 37 events

1. 2026-06-18
   days on market $384,000 Active 135 DOM
2. 2026-06-17
   days on market $384,000 Active 134 DOM
3. 2026-06-16
   days on market $384,000 Active 133 DOM
4. 2026-06-15
   days on market $384,000 Active 132 DOM
5. 2026-06-10
   days on market $384,000 Active 126 DOM
6. 2026-06-08
   days on market $384,000 Active 125 DOM
7. 2026-06-07
   days on market $384,000 Active 124 DOM
8. 2026-06-03
   days on market $384,000 Active 120 DOM
9. 2026-06-02
   days on market $384,000 Active 119 DOM
10. 2026-06-01
    days on market $384,000 Active 118 DOM
11. 2026-05-31
    pricedays on market $384,000 Active 117 DOM
12. 2026-05-20
    price $389,000
13. 2026-05-01
    price $399,999
14. 2026-03-31
    status Active
15. 2026-03-23
    historical Active Under Contract
16. 2026-02-17
    price $410,000
17. 2026-02-02
    listed $415,000 Active
18. 2025-12-30
    historical 1751-char remark

    Show marketing remark (1751 chars)

    Charming Riverside Triplex/ Income Potential. Live in One, Rent the Others! With a 3% Assumable FHA loan! Qualified buyers can receive up to $7,500 toward closing costs or rate buy-down with our preferred lender! Exceptional opportunity in the heart of historic Riverside! This spacious & versatile triplex offers a unique blend of character, functionality, & income-generating potential. Total of 3 kitchens, 3 full baths, & 3 separate living spaces, this property is ideal for house hackers, investors, or multi-generational living. The main residence features a large bedroom, a full bath, dining room, full kitchen, laundry room, & add'tl bonus space - all with vintage charm & modern updates. A connected but private middle unit includes 1 bedroom, 1 bath, full kitchen, dining room, & private entrance, perfect for long-term rental or guest quarters. The detached rear unit boasts a 1-bedroom suite complete with a full kitchen, private bath, living room, & its own utility area Situated on a large lot just minutes from 5 Points, Downtown, and the St. Johns River, this triplex is walking distance to parks, restaurants, and shopping. Zoned for multifamily use and with plenty of off-street parking, this is an investor's dream in one of Jacksonville's most vibrant neighborhoods. Don't miss your chance to own a piece of Riverside - schedule your private tour today! Additional Details: (Buyer to verify all square footage) Front unit 700 sq ft, Rear unit 522 sq ft Garage unit: 560 sq ft Separate electrical for all units Water master metered for main home, separate meter for garage unit. Electrical updated Main roof, reroofed 2007 Garage unit, reroofed 2024 Main AC units 05 Garage AC Unit 07

19. 2025-12-04
    status Active 1751-char remark

    Show marketing remark (1751 chars)

    Charming Riverside Triplex/ Income Potential. Live in One, Rent the Others! With a 3% Assumable FHA loan! Qualified buyers can receive up to $7,500 toward closing costs or rate buy-down with our preferred lender! Exceptional opportunity in the heart of historic Riverside! This spacious & versatile triplex offers a unique blend of character, functionality, & income-generating potential. Total of 3 kitchens, 3 full baths, & 3 separate living spaces, this property is ideal for house hackers, investors, or multi-generational living. The main residence features a large bedroom, a full bath, dining room, full kitchen, laundry room, & add'tl bonus space - all with vintage charm & modern updates. A connected but private middle unit includes 1 bedroom, 1 bath, full kitchen, dining room, & private entrance, perfect for long-term rental or guest quarters. The detached rear unit boasts a 1-bedroom suite complete with a full kitchen, private bath, living room, & its own utility area Situated on a large lot just minutes from 5 Points, Downtown, and the St. Johns River, this triplex is walking distance to parks, restaurants, and shopping. Zoned for multifamily use and with plenty of off-street parking, this is an investor's dream in one of Jacksonville's most vibrant neighborhoods. Don't miss your chance to own a piece of Riverside - schedule your private tour today! Additional Details: (Buyer to verify all square footage) Front unit 700 sq ft, Rear unit 522 sq ft Garage unit: 560 sq ft Separate electrical for all units Water master metered for main home, separate meter for garage unit. Electrical updated Main roof, reroofed 2007 Garage unit, reroofed 2024 Main AC units 05 Garage AC Unit 07

20. 2025-10-07
    historical Active Under Contract 1751-char remark

    Show marketing remark (1751 chars)

    Charming Riverside Triplex/ Income Potential. Live in One, Rent the Others! With a 3% Assumable FHA loan! Qualified buyers can receive up to $7,500 toward closing costs or rate buy-down with our preferred lender! Exceptional opportunity in the heart of historic Riverside! This spacious & versatile triplex offers a unique blend of character, functionality, & income-generating potential. Total of 3 kitchens, 3 full baths, & 3 separate living spaces, this property is ideal for house hackers, investors, or multi-generational living. The main residence features a large bedroom, a full bath, dining room, full kitchen, laundry room, & add'tl bonus space - all with vintage charm & modern updates. A connected but private middle unit includes 1 bedroom, 1 bath, full kitchen, dining room, & private entrance, perfect for long-term rental or guest quarters. The detached rear unit boasts a 1-bedroom suite complete with a full kitchen, private bath, living room, & its own utility area Situated on a large lot just minutes from 5 Points, Downtown, and the St. Johns River, this triplex is walking distance to parks, restaurants, and shopping. Zoned for multifamily use and with plenty of off-street parking, this is an investor's dream in one of Jacksonville's most vibrant neighborhoods. Don't miss your chance to own a piece of Riverside - schedule your private tour today! Additional Details: (Buyer to verify all square footage) Front unit 700 sq ft, Rear unit 522 sq ft Garage unit: 560 sq ft Separate electrical for all units Water master metered for main home, separate meter for garage unit. Electrical updated Main roof, reroofed 2007 Garage unit, reroofed 2024 Main AC units 05 Garage AC Unit 07

21. 2025-09-30
    price $410,000 1751-char remark

    Show marketing remark (1751 chars)

    Charming Riverside Triplex/ Income Potential. Live in One, Rent the Others! With a 3% Assumable FHA loan! Qualified buyers can receive up to $7,500 toward closing costs or rate buy-down with our preferred lender! Exceptional opportunity in the heart of historic Riverside! This spacious & versatile triplex offers a unique blend of character, functionality, & income-generating potential. Total of 3 kitchens, 3 full baths, & 3 separate living spaces, this property is ideal for house hackers, investors, or multi-generational living. The main residence features a large bedroom, a full bath, dining room, full kitchen, laundry room, & add'tl bonus space - all with vintage charm & modern updates. A connected but private middle unit includes 1 bedroom, 1 bath, full kitchen, dining room, & private entrance, perfect for long-term rental or guest quarters. The detached rear unit boasts a 1-bedroom suite complete with a full kitchen, private bath, living room, & its own utility area Situated on a large lot just minutes from 5 Points, Downtown, and the St. Johns River, this triplex is walking distance to parks, restaurants, and shopping. Zoned for multifamily use and with plenty of off-street parking, this is an investor's dream in one of Jacksonville's most vibrant neighborhoods. Don't miss your chance to own a piece of Riverside - schedule your private tour today! Additional Details: (Buyer to verify all square footage) Front unit 700 sq ft, Rear unit 522 sq ft Garage unit: 560 sq ft Separate electrical for all units Water master metered for main home, separate meter for garage unit. Electrical updated Main roof, reroofed 2007 Garage unit, reroofed 2024 Main AC units 05 Garage AC Unit 07

22. 2025-08-13
    price $420,000 1751-char remark

    Show marketing remark (1751 chars)

    Charming Riverside Triplex/ Income Potential. Live in One, Rent the Others! With a 3% Assumable FHA loan! Qualified buyers can receive up to $7,500 toward closing costs or rate buy-down with our preferred lender! Exceptional opportunity in the heart of historic Riverside! This spacious & versatile triplex offers a unique blend of character, functionality, & income-generating potential. Total of 3 kitchens, 3 full baths, & 3 separate living spaces, this property is ideal for house hackers, investors, or multi-generational living. The main residence features a large bedroom, a full bath, dining room, full kitchen, laundry room, & add'tl bonus space - all with vintage charm & modern updates. A connected but private middle unit includes 1 bedroom, 1 bath, full kitchen, dining room, & private entrance, perfect for long-term rental or guest quarters. The detached rear unit boasts a 1-bedroom suite complete with a full kitchen, private bath, living room, & its own utility area Situated on a large lot just minutes from 5 Points, Downtown, and the St. Johns River, this triplex is walking distance to parks, restaurants, and shopping. Zoned for multifamily use and with plenty of off-street parking, this is an investor's dream in one of Jacksonville's most vibrant neighborhoods. Don't miss your chance to own a piece of Riverside - schedule your private tour today! Additional Details: (Buyer to verify all square footage) Front unit 700 sq ft, Rear unit 522 sq ft Garage unit: 560 sq ft Separate electrical for all units Water master metered for main home, separate meter for garage unit. Electrical updated Main roof, reroofed 2007 Garage unit, reroofed 2024 Main AC units 05 Garage AC Unit 07

23. 2025-06-25
    listed $430,000 Active 1751-char remark

    Show marketing remark (1751 chars)

    Charming Riverside Triplex/ Income Potential. Live in One, Rent the Others! With a 3% Assumable FHA loan! Qualified buyers can receive up to $7,500 toward closing costs or rate buy-down with our preferred lender! Exceptional opportunity in the heart of historic Riverside! This spacious & versatile triplex offers a unique blend of character, functionality, & income-generating potential. Total of 3 kitchens, 3 full baths, & 3 separate living spaces, this property is ideal for house hackers, investors, or multi-generational living. The main residence features a large bedroom, a full bath, dining room, full kitchen, laundry room, & add'tl bonus space - all with vintage charm & modern updates. A connected but private middle unit includes 1 bedroom, 1 bath, full kitchen, dining room, & private entrance, perfect for long-term rental or guest quarters. The detached rear unit boasts a 1-bedroom suite complete with a full kitchen, private bath, living room, & its own utility area Situated on a large lot just minutes from 5 Points, Downtown, and the St. Johns River, this triplex is walking distance to parks, restaurants, and shopping. Zoned for multifamily use and with plenty of off-street parking, this is an investor's dream in one of Jacksonville's most vibrant neighborhoods. Don't miss your chance to own a piece of Riverside - schedule your private tour today! Additional Details: (Buyer to verify all square footage) Front unit 700 sq ft, Rear unit 522 sq ft Garage unit: 560 sq ft Separate electrical for all units Water master metered for main home, separate meter for garage unit. Electrical updated Main roof, reroofed 2007 Garage unit, reroofed 2024 Main AC units 05 Garage AC Unit 07

24. 2023-09-30
    historical 580-char remark

    Show marketing remark (580 chars)

    LOCATION, LOCATION, LOCATION! Live in one unit and rent out the others! Fantastic Riverside triplex for sale. This 3 unit property features a craftsman duplex and a spacious detached garage apartment with plentiful storage. Updated plumbing and electrical, tankless water heater (duplex), 2006 HVAC (duplex) and 2010 (apartment). Convenient to the famous Five Points area with its unique shopping and trendy restaurants! Only minutes from Avondale, Downtown Jacksonville and San Marco. Don't miss this great opportunity to add this Riverside investment property to your portfolio.

25. 2023-07-24
    listed $549,000 Active 580-char remark

    Show marketing remark (580 chars)

    LOCATION, LOCATION, LOCATION! Live in one unit and rent out the others! Fantastic Riverside triplex for sale. This 3 unit property features a craftsman duplex and a spacious detached garage apartment with plentiful storage. Updated plumbing and electrical, tankless water heater (duplex), 2006 HVAC (duplex) and 2010 (apartment). Convenient to the famous Five Points area with its unique shopping and trendy restaurants! Only minutes from Avondale, Downtown Jacksonville and San Marco. Don't miss this great opportunity to add this Riverside investment property to your portfolio.

26. 2020-08-18
    soldstatus $315,000 Sold
27. 2020-06-04
    status Pending
28. 2020-05-21
    historical Active - Contingent
29. 2020-04-06
    listed $315,000 Active
30. 2005-03-07
    historical
31. 2005-02-22
    soldstatus $130,000
32. 2005-02-18
    soldstatus $140,000
33. 2004-11-15
    listed $130,000
34. 2002-01-08
    soldstatus $61,700
35. 2001-12-31
    soldstatus $61,700
36. 2001-08-11
    listed $59,900
37. 2001-08-10
    soldstatus $36,000

ⓘ Source: listings_history table (triggers on properties + properties_extension) + one-shot backfill from property_details.listing_events for pre-trigger history.

Tax reassessment forecast FL · Resets to sale price

• Current annual tax: $5,451 · $454/mo
• Projected year-2 tax: $5,451 · $454/mo
• Expected delta: $0/yr ($0/mo · 0.0%)

ⓘ Screening estimate from a state-policy table — verify with the county assessor before closing.

Climate risk First Street

• 🌊 Flood 1/10 Low FEMA zone X (unshaded) · 0% chance over 30 yrs
• 🔥 Wildfire 1/10 Low
• 🌡 Heat 9/10 Extreme 7 d/yr ≥107°F today · 21 d/yr by 30 yrs out
• 💨 Wind 9/10 Extreme 99% chance of damaging wind over 30 yrs
• 🫁 Air quality 5/10 Major 7 unhealthy d/yr today · 7 by 30 yrs out

Taxation est. · year 1

• Rental income: $49,644
• − Mortgage interest: −$21,510
• − Property taxes: −$5,451
• − Insurance: −$1,920
• − Repairs & maintenance: −$3,972
• − Management: −$3,972
• − Depreciation: −$11,171
• Taxable income: $1,649
• Est. tax owed @ 24.0%: −$396
• After-tax cash flow: $7,287/yr

For passive investors: Depreciation is non-cash, so a rental often shows a tax loss while cash-flowing — sheltering income. Rental losses are passive: they offset passive income freely, and up to $25,000/yr can offset ordinary (W-2) income if you actively participate and your MAGI is under $100k (phasing out to $0 by $150k); unused losses carry forward. On sale, claimed depreciation is recaptured at up to 25%, and gains may owe capital-gains tax (a 1031 exchange can defer both). Figures are a year-1 estimate at your 24.0% rate — not tax advice; consult a CPA.

Schools (NCES district)

• District: Duval
• NCES district ID: 1200480
• Math proficiency: 46% ▼ -11.00%
• Reading proficiency: 45% ▼ -4.00%
• Median HH income: $48,987
• Composite: 38.97/100
• National rank: #4076
• State rank: #48 of 73 in FL

Livability — Jacksonville

• Score: 83/100
• State rank: #50
• US rank: #911

Category grades

Amenities A+ Commute A+ Cost of living A Crime C Employment C Housing A+ Health & safety A+ User ratings F

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Jacksonville, FL
• County: Duval County · 1,015,274 people
• City population: 979,034
• Metro: Jacksonville, FL
• Population (ZIP): 9,151
• Household income: $65,063
• Rent vs Own: 71.5% rent · 28.5% own
• Severe rent burden: 866.0

Population outlook (Duval County) Hauer SSP2

• Today (2025): 1,013,010 people
• By 2030: 1,059,228 · +4.6%
• By 2040: 1,141,439 · +12.7%
• By 2050: 1,205,258 · +19.0%
• By 2075: 1,324,282 · +30.7%
• By 2100: 1,319,620 · +30.3%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Diverse neighborhood (Simpson 0.60)
• Race & ethnicity: White 55% Black 30% Hispanic / Latino 6% Asian 6% Two or more races 6%
• Hispanic origin (detail): Mexican 3% Puerto Rican 1%
• Common ancestry: Slovak 2% Lithuanian 2% Italian 1%
• Foreign-born: 7% · China, Canada, Philippines
• Languages at home: 92% English-only · Spanish 3% Chinese 2% Other Asian/Pacific 2%

Political lean MEDSL · Duval

• 2024 margin: Toss-up / Even · D 48.7% · R 50.1% · Other 1.2%
• 2008→2024 swing: +0.4pp no change · 2008: -1.9pp · 2024: -1.5pp
• All cycles: 2024: R+1.5 2020: D+3.8 2016: R+1.5 2012: R+3.6 2008: R+1.9

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▼ -123.96%
• Current HPI: 316.3185
• Rent YoY: ▲ 4.69%
• Metro: Jacksonville, FL
• State GDP YoY: ▲ 3.28%
• F500 in state: 36

Industry mix (Fortune 500 HQ in FL)

Industry	F500 HQs	Revenue
▸Industrial Technology	2	$29B
▸Insurance	2	$17B
▸Retail	1	$60B
▸Technology Distribution	1	$58B
▸Homebuilding	1	$35B
▸Technology Manufacturing	1	$35B

Price history

+980.6% since first listed

26 events — show timeline

• 2026-05-20 Price Changed $389,000 realMLS
• 2026-05-01 Price Changed $399,999 realMLS
• 2026-03-31 Relisted — realMLS
• 2026-03-23 Contingent — realMLS
• 2026-02-17 Price Changed $410,000 realMLS
• 2026-02-02 Listed $415,000 realMLS
• 2025-12-30 Listing Removed — realMLS
• 2025-12-04 Relisted — realMLS
• 2025-10-07 Contingent — realMLS
• 2025-09-30 Price Changed $410,000 realMLS
• 2025-08-13 Price Changed $420,000 realMLS
• 2025-06-25 Listed $430,000 realMLS
• 2023-09-30 Listing Removed — realMLS
• 2023-07-24 Listed $549,000 realMLS
• 2020-08-18 Sold (MLS) $315,000 realMLS
• 2020-06-04 Pending — realMLS
• 2020-05-21 Contingent — realMLS
• 2020-04-06 Listed $315,000 realMLS
• 2005-03-07 Listing Removed — realMLS
• 2005-02-22 Sold (Public Records) $130,000 Public Records
• 2005-02-18 Sold (MLS) $140,000 realMLS
• 2004-11-15 Listed $130,000 realMLS
• 2002-01-08 Sold (Public Records) $61,700 Public Records
• 2001-12-31 Sold (MLS) $61,700 realMLS
• 2001-08-11 Listed $59,900 realMLS
• 2001-08-10 Sold (Public Records) $36,000 Public Records

Property tax history

+8.0%/yr

Latest (2025): $5,451 · +13.1% YoY. Source: county tax records.