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$499,000
5 Beds ⋅ 2138194 MLS
Five-unit multifamily asset in Historic Springfield with current scheduled rents of $4,525/month. Unit mix and rent schedule available; utility reimbursement structure varies by unit. Tenant-occupied property with restricted showings to minimize disruption. Opportunity for investors seeking in-place cash flow with additional diligence materials available upon request.

115 4th Street, Jacksonville
$795,000
9 Beds ⋅ 9 Baths ⋅ 2136378 MLS
Stellar investment near DT Jax! Fully occupied and turn key. This beautiful 5 unit fully renovated building offers an incredible opportunity to invest in the highly desirable and upwardly mobile Springfield neighborhood. The classic Colonial architecture of 1909 provides attractive curb appeal that is in much demand to potential renters. Both the interior and exterior have recently (2025) undergone an extensive restoration at the same time retaining the enduring style that makes this area so appealing. The building comprises of 4 fully renovated 2/2 units with a huge 1/1 encompassing the entire 3rd floor. The building is 100% occupied, with rents ranging from $1300 to $1350. All the units have been completely renovated with a modern flair and everything brand new including, flooring, kitchen, baths, plumbing, electric, appliances and more. There is air conditioned/heated hallways with communal laundry on the 1st and 2nd floors. 1628 Walnut is located within the vibrant community of Springfield just 1 mile north of downtown and amidst the active social scene of the area. Property being offered by owner/agent.

1628 Walnut Street, Jacksonville
$550,000
6 Beds ⋅ 6 Baths ⋅ 2131307 MLS
Built in 1909 and rich with timeless charm and elegance, this distinctive multi-family property in Historic Springfield offers exceptional flexibility and investment potential. The main residence is a classic quadplex, complemented by two additional homes at the rear of the property bringing the total to six rentable units. Architectural details abound, including a welcoming screened front porch, a screened sleeping porch on the second floor, and a bright sun porch with beautiful French windows just beyond. Each apartment in the main house features a one-bedroom, one-bath layout. The roof was replaced in 2019, and the garage apartment features a durable metal roof. Two of the units present value-add opportunities with kitchen updates needed, and one bathroom requires a sink repair or replacement. One of the rear homes has been fully renovated, adding immediate appeal. The property also includes a private alley-access driveway leading to a two-car garage, which is part of the third residential structure. Currently, one of the rear homes is tenant-occupied, providing instant rental income. Ideal as an investment property, all six units can be rented to maximize income potential. Alternatively, this versatile estate offers multiple living configurations--convert the main house into a duplex and live in the upper level while generating income from the remaining units, or create a spacious single-family compound with separate accommodations perfect for extended family, guests, or a live-in nanny.

324 E 7th Street, Jacksonville
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