1628 WALNUT Street, Jacksonville, FL 32206 (MLS# 2134385)

1628 WALNUT Street, Jacksonville, FL 32206

New Listing

$795,000

Property Type: Commercial Sale Baths: 9 Square Footage: 3,832 Lot Size (sq. ft.): 5,227 Status: Active

Current Price: $795,000 List Date: 8/07/2026 Last Modified: 8/07/2026

Overview

Description

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.

Supplements: 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.

Listing Details MLS# 2134385

General Property Information

Number Of Units Total: 5
Bathrooms Total: 9
Building Area Total: 3832
Building Area Source: Appraiser
Accessibility Features YN: No
Year Built: 1909
Lot Size Acres: 0.12
Land Lease YN: No
Association YN: No
Water Body Access YN: No
Waterfront YN: No
Stories Total: 3
Senior Community YN: No
Directions: Take Main Street North, headed away from Downtown Jacksonville, take a right on East 4th Street. Drive three blocks to Walnut and take a right.
Public Remarks: 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.
List Price/SqFt: 207.46

Property Features

Building Features: Laundry; Rear Access; Storage Business Type: Residential Cooling: Ceiling Fan(s); Central Air; Electric; Wall Unit(s) Current Use: Multi-Family; Residential Flooring: Vinyl Heating: Central; Electric Listing Terms: Cash; Conventional Lot Features: Historic Area Operating Expense Includes: Gardener; Insurance; Maintenance Owner Pays: Exterior Maintenance; Grounds Care; HVAC Maintenance; Insurance; Repairs; Taxes Parking Features: Additional Parking; Off Street; On Street; Unassigned Possession: Close Of Escrow Road Frontage Type: Alley; City Street Roof: Metal Sale Includes: Building & Land Security Features: Fire Alarm; Fire Sprinkler System; Firewall(s) Sewer: Public Sewer Tenant Pays: Electricity; Sewer; Water Utilities: Cable Available; Electricity Connected; Sewer Connected; Water Connected Water Source: Public

Contract Information

Listing Contract Date: 2026-03-11
Property Sub Type: Multi Family

Location Tax and Legal

Street Number: 1628
Street Name: WALNUT
Street Suffix: Street
County: Duval
State: FL
Postal Code: 32206
MLS Area Major: 072-Springfield

Status Change Information

Major Change Timestamp: 2026-08-07T18:04:25Z
Major Change Type: Back on Market

Green Energy

Ownership: Seller Owned

More Information

Income and Expenses

Gross Income: 85020
Insurance Expense: 8328
Net Operating Income: 55115
Total Actual Rent: 6625

Unit 1 Details

Unit ID: Yes
Annual Rent: 15600
Unit SqFt: 800
# Units (This Type): 4
Furnished: Unfurnished
Unit Remarks: First floor

Unit 2 Details

Unit ID: 2
Annual Rent: 15900
Unit SqFt: 800
# Units (This Type): 4
Furnished: Unfurnished
Unit Remarks: First floor

Unit 3 Details

Unit ID: 3
Annual Rent: 16200
Unit SqFt: 800
# Units (This Type): 4
Furnished: Unfurnished
Unit Remarks: Second Floor

Unit 4 Details

Unit ID: 4
Annual Rent: 16200
Unit SqFt: 800
# Units (This Type): 4
Furnished: Unfurnished
Unit Remarks: Second Floor

Unit 5 Details

Unit ID: 5
Annual Rent: 15600
Unit SqFt: 800
# Units (This Type): Yes
Furnished: Unfurnished
Unit Remarks: Third floor

Location, Tax, and Legal

Country: US
Parcel Number: 0723010000
Tax Annual Amount: 10155.69
Tax Year: 2025
Tax Legal Description: 2-4 37-2S-26E .105 SPRINGFIELD N 19.8FT LOT 12 S 2
Zoning Description: Commercial/Residential/Office

Cooling

Ceiling Fan(s): Yes
Central Air: Yes
Electric: Yes
Wall Unit(s): Yes

Current Use

Multi-Family: Yes
Residential: Yes

Flooring

Vinyl: Yes

Heating

Central: Yes
Electric: Yes

Listing Terms

Cash: Yes
Conventional: Yes

Lot Features

Historic Area: Yes

Owner Pays

Exterior Maintenance: Yes
Grounds Care: Yes
HVAC Maintenance: Yes
Insurance: Yes
Repairs: Yes
Taxes: Yes

Parking Features

Additional Parking: Yes
Off Street: Yes
On Street: Yes
Unassigned: Yes

Possession

Close Of Escrow: Yes

Road Frontage Type

Alley: Yes
City Street: Yes

Roof

Metal: Yes

Security Features

Fire Alarm: Yes
Fire Sprinkler System: Yes
Firewall(s): Yes

Sewer

Public Sewer: Yes

Tenant Pays

Electricity: Yes
Sewer: Yes
Water: Yes

Utilities

Cable Available: Yes
Electricity Connected: Yes
Sewer Connected: Yes
Water Connected: Yes

Water Source

Public: Yes

Building Features

Laundry: Yes
Rear Access: Yes
Storage: Yes

Business Type

Residential: Yes

Location

City: Yes

Operating Expense Includes

Gardener: Yes
Insurance: Yes
Maintenance: Yes

Sale Includes

Building & Land: Yes

Documents

1628 Walnut OM ›

Listing Office: COMPASS FLORIDA LLC

Last Updated: August - 07 - 2026

Information deemed reliable but not guaranteed.