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Listed price in listed location currency (USD).
$1,750,000

6110

MLS® 2128600

  • Key Facts
  • Description
  • Map

Key Facts

Type Multi Family
Levels Residential Income
Size 6560 sqft
Garage 
Taxes $14,968
Days Active 81
Lot Size 
Approx. Age 1906
Avg. Price Per Sqft $266
MLS® Number 2128600

Property Address: 115 2nd St W, Jacksonville, FL, 32234

Average square foot calculated using Size range provided by listing agent.

Description

A rare chance to acquire an irreplaceable 5-unit executive housing asset in the heart of Historic Springfield. Stabilized or repositioned, the numbers work either way. The building delivers four oversized 1BR/1.5BA residences (~1, 100 SF each) and a true 2, 288 SF penthouse occupying the entire third floor with 2 bedrooms, 2.5 baths, and sweeping views of Klutho Park and the downtown Jacksonville skyline. All five units feature in-unit laundry, which is a meaningful competitive advantage in this submarket. Pro forma gross income of $192, 000 annually supports a projected ~8% cap rate at the asking price, based on executive lease rates of $2, 750/month for the flats and $5, 000/month for the penthouse. Current rents reflect an owner-occupied and partially furnished operation; two furnished units and the penthouse offer immediate repositioning upside. Delivery terms are negotiable. The rear yard amenity package, outdoor tiki bar, hot tub, sauna, and courtyard gathering space, creates a boutique, lifestyle-forward community that executive and corporate tenants cannot find elsewhere in Jacksonville at this price point. Built in 1906. Brick construction. HVAC is approximately 2 years old.
MLS® Number2128600
Laundry LevelEnsuite
Central VacNo
FireplaceNo
Acreage
Exterior
Garage
Approx. Age1906
Basement
DrivewayOn Street
Garage Spaces
Heat
A/C
Heating Fuel

Extras

Price History

-End Date
Not Sold YetSold Price

For Sale

Feb 5, 2026List Date
$1,750,000List Price
  • Commute

Commute

Starting Address
Destination Address
115 2Nd St W, Jacksonville, FL

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