1628 WALNUT Street, Jacksonville, FL 32206 (MLS# 2136378)

1628 WALNUT Street, Jacksonville, FL 32206

New Listing

$795,000

Property Type: Residential Income Bedrooms: 9 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# 2136378

General Property Information

Number Of Buildings: Yes
Number Of Units Total: 5
Bedrooms Total: 9
Bathrooms Total: 9
Bathrooms Full: 9
Living Area: 3832
Living Area Source: Estimated
Accessibility Features YN: No
New Construction YN: No
Year Built: 1909
Garage YN: No
Carport YN: No
Parking Total: 3
Lot Size Acres: 0.12
Association YN: No
CDD Fee YN: No
Pool Private YN: No
Water Body Access YN: No
Waterfront YN: No
Furnished: Unfurnished
Stories Total: 3
Entry Level: Yes
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
Bathrooms Half: 0

Property Features

Appliances: Dishwasher; Disposal; Dryer; Electric Oven; Microwave; Refrigerator; Tankless Water Heater; Washer Cooling: Central Air; Wall/Window Unit(s) Current Use: Multi-Family; Residential Flooring: Vinyl Heating: Central Income Includes: Rent Only Laundry Features: Common Area; Lower Level; Multiple Locations; Upper Level Levels: Three Or More Listing Terms: Cash; Conventional; Other Lot Features: Historic Area Owner Pays: Common Area Maintenance; Exterior Maintenance; Grounds Care; Insurance; Management; Pest Control; Taxes Parking Features: Additional Parking; On Street Possession: Close Of Escrow Road Frontage Type: Alley; City Street Road Surface Type: Asphalt Roof: Metal Security Features: Fire Alarm; Fire Sprinkler System Sewer: Public Sewer Smart Home Features: Programmable Thermostat Tenant Pays: Electricity; Sewer; Water Utilities: Electricity Connected; Sewer Connected; Water Connected Water Source: Public

Contract Information

Listing Contract Date: 2026-03-24
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
Subdivision Name: Springfield
MLS Area Major: 072-Springfield

Status Change Information

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

Currently Not Used

Property Attached YN: No
yn11: No
Accessory Dwelling Unit Y/N: No

More Information

Income and Expenses

Gross Income: 85020
Net Operating Income: 55115

Unit 1 Details

Unit ID: Yes
Actual Rent: 1300
Unit SqFt: 800
Full Baths Total: 2
Furnished: Unfurnished
Unit Remarks: Occupied

Unit 2 Details

Unit ID: 2
Actual Rent: 1325
Unit SqFt: 800
Full Baths Total: 2
Furnished: Unfurnished
Unit Remarks: Occupied

Unit 3 Details

Unit ID: 3
Actual Rent: 1350
Unit SqFt: 800
Full Baths Total: 2
Furnished: Unfurnished
Unit Remarks: Occupied

Unit 4 Details

Unit ID: 4
Actual Rent: 1350
Unit SqFt: 800
Full Baths Total: 2
Furnished: Unfurnished
Unit Remarks: Occupied

Unit 5 Details

Unit ID: 5
Actual Rent: 1300
Unit SqFt: 800
Full Baths Total: Yes
Furnished: Unfurnished
Unit Remarks: Occupied

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

Appliances

Dishwasher: Yes
Disposal: Yes
Dryer: Yes
Electric Oven: Yes
Microwave: Yes
Refrigerator: Yes
Tankless Water Heater: Yes
Washer: Yes

Cooling

Central Air: Yes
Wall/Window Unit(s): Yes

Current Use

Multi-Family: Yes
Residential: Yes

Flooring

Vinyl: Yes

Heating

Central: Yes

Income Includes

Rent Only: Yes

Laundry Features

Common Area: Yes
Lower Level: Yes
Multiple Locations: Yes
Upper Level: Yes

Levels

Three Or More: Yes

Listing Terms

Cash: Yes
Conventional: Yes
Other: Yes

Lot Features

Historic Area: Yes

Owner Pays

Common Area Maintenance: Yes
Exterior Maintenance: Yes
Grounds Care: Yes
Insurance: Yes
Management: Yes
Pest Control: Yes
Taxes: Yes

Parking Features

Additional Parking: Yes
On Street: Yes

Possession

Close Of Escrow: Yes

Road Frontage Type

Alley: Yes
City Street: Yes

Road Surface Type

Asphalt: Yes

Roof

Metal: Yes

Security Features

Fire Alarm: Yes
Fire Sprinkler System: Yes

Sewer

Public Sewer: Yes

Smart Home Features

Programmable Thermostat: Yes

Tenant Pays

Electricity: Yes
Sewer: Yes
Water: Yes

Utilities

Electricity Connected: Yes
Sewer Connected: Yes
Water Connected: Yes

Water Source

Public: Yes

Documents

floorplan ›

OM ›

Listing Office: COMPASS FLORIDA LLC

Last Updated: August - 07 - 2026

Information deemed reliable but not guaranteed.