519 W 23rd St, Jacksonville, FL 32206 For Sale

Investor-ready opportunity in the heart of Jacksonville! This 75% occupied 4-unit quadplex at 519 W 23rd St features four 1BR/1BA units in a solid two-story brick building with strong rental demand and immediate cash flow potential. Major improvements already completed, including a newer roof, updated A/C units, and several newer windows, helping reduce future maintenance costs. Major appliances are already included, and units have hardwood floors throughout. Property is stabilized with long-term tenants already in place who have all been occupants of the building for 2+ years, creating consistent income from day one. This historic charmer is located in a high-demand rental corridor near Downtown Jacksonville, UF Health, major employers, highways, and redevelopment activity. Excellent opportunity for investors seeking a turnkey multifamily asset with strong cash flow, low vacancy history, and long-term upside. Perfect for buy-and-hold investors looking to expand their portfolio in one of Jacksonville's in-demand rental markets.