1129 GROTHE Street, Jacksonville, FL 32209
New Listing
Overview
Description
Supplements: ... (Read more) **Investor Opportunity! Income-Producing Multi-Family Property** Attention investors! Don't miss this exceptional opportunity to add a spacious **7-bedroom, 4-bathroom multi-family property** to your portfolio, thoughtfully configured as a **4-bedroom, 2-bathroom unit on one floor and a 3-bedroom, 2-bathroom unit on the other floor**. This desirable layout offers strong rental appeal and excellent income-producing potential in a market with consistent demand. Whether you're a seasoned investor looking to expand your portfolio or a buyer interested in house hacking by living in one unit while renting out the other, this property provides flexibility, privacy, and long-term value. The well-balanced unit mix allows for strong rental positioning, with each floor offering comfortable living space that appeals to quality tenants and supports competitive rental rates. With the right rental strategy, this property has the potential to generate strong monthly cash flow and solid long-term returns. Investors can analyze market rents, operating expenses, and financing options to determine overall profitability and potential cap rate based on local conditions. Conveniently located near schools, shopping, public transportation, major highways, and employment centers, this property is ideally situated to attract reliable tenants and maintain strong occupancy rates. Schedule your private showing today and explore the income potential and versatility this outstanding investment opportunity has to offer!
Listing Details MLS# 2157158
General Property Information
- Bedrooms Total
- 7
- Bathrooms Full
- 4
- Bathrooms Total
- 4
- Living Area
- 3160
- Living Area Source
- Public Records
- Year Built
- 1915
- Accessory Dwelling Unit Y/N
- No
- Homestead YN
- Yes
- Lot Size Acres
- 0.08
- Association YN
- No
- CDD Fee YN
- No
- Accessibility Features YN
- No
- New Construction YN
- No
- Garage YN
- No
- Carport YN
- No
- Pool Private YN
- No
- Water Body Access YN
- No
- Waterfront YN
- No
- Stories
- 2
- Senior Community YN
- No
- Public Remarks
- **Investor Opportunity! Income-Producing Multi-Family Property** Attention investors! Don't miss this exceptional opportunity to add a spacious **7-bedroom, 4-bathroom multi-family property** to your portfolio, thoughtfully configured as a **4-bedroom, 2-bathroom unit on one floor and a 3-bedroom, 2-bathroom unit on the other floor**. This desirable layout offers strong rental appeal and excellent income-producing potential in a market with consistent demand. Whether you're a seasoned investor looking to expand your portfolio or a buyer interested in house hacking by living in one unit while renting out the other, this property provides flexibility, privacy, and long-term value. The well-balanced unit mix allows for strong rental positioning, with each floor offering comfortable living space that appeals to quality tenants and supports competitive rental rates.
- List Price/SqFt
- 61.71
- Bathrooms Half
- 0
- Directions
- Exit the parking lot toward Adams St Turn right onto Adams St, Turn right onto Ocean St, Use the left 2 lanes to turn left onto US-17 S/E State St, Continue to follow US-17 S, Continue straight onto US-23 N/Kings Rd, Turn right onto Myrtle Ave N, Turn right onto Grothe St Destination will be on the left
Property Features
Contract Information
- Property Sub Type
- Single Family Residence
- Property Attached YN
- Yes
- Listing Contract Date
- 2026-07-26
Location Tax and Legal
- Street Number
- 1129
- Street Name
- GROTHE
- Street Suffix
- Street
- County
- Duval
- State
- FL
- Postal Code
- 32209
- MLS Area Major
- 075-Trout River/College Park/Ribault Manor
- Subdivision Name
- Not Validd
Status Change Information
- Major Change Timestamp
- 2026-07-26T21:31:27Z
- Major Change Type
- New Listing
DPR Eligible
- DPR Eligible
- Yes
More Information
Location, Tax, and Legal
- Country
- US
- Parcel Number
- 0538030000
- Tax Annual Amount
- 3332.73
- Tax Year
- 2025
- Tax Legal Description
- 2-79 11-2S-26E 0.084 BARNETTS S/D LOT 2 N 10FT LOT
Appliances
- Convection Oven
- Yes
- Microwave
- Yes
- Refrigerator
- Yes
Construction Materials
- Vinyl Siding
- Yes
Cooling
- Central Air
- Yes
- Wall/Window Unit(s)
- Yes
Current Use
- Multi-Family
- Yes
Exterior Features
- Balcony
- Yes
Fencing
- Chain Link
- Yes
Flooring
- Carpet
- Yes
- Tile
- Yes
Heating
- Central
- Yes
- Separate Meters
- Yes
Laundry Features
- Electric Dryer Hookup
- Yes
Levels
- Multi/Split
- Yes
Listing Terms
- Cash
- Yes
Parking Features
- Off Street
- Yes
Possession
- Close Of Escrow
- Yes
Road Frontage Type
- City Street
- Yes
Road Surface Type
- Asphalt
- Yes
Roof
- Shingle
- Yes
Sewer
- Public Sewer
- Yes
Utilities
- Cable Available
- Yes
- Electricity Available
- Yes
- Electricity Connected
- Yes
- Sewer Connected
- Yes
- Water Available
- Yes
- Water Connected
- Yes
Water Source
- Public
- Yes
Architectural Style
- A-Frame
- Yes
Community Features
- Street Lights
- Yes
Patio And Porch Features
- Front Porch
- Yes
Property Condition
- Updated/Remodeled
- Yes
Rental Restrictions
- No Minimum
- Yes
Room Types
- Other Room
- Yes
Room Information
| Room Name |
|---|
| Other |
