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467 CRABAPPLE Court, Orange Park, FL 32073

$475,000
Property Type: Residential Income Bedrooms: 8 Baths: 8 Square Footage: 3,686 Lot Size (sq. ft.): 13,504 Status: Closed
Current Price: $475,000 List Date: 7/27/2025 Last Modified: 3/09/2026

Overview

Description

Investor Alert! Fully rented and cash flowing Quad priced to sell at almost 6% cap rate with almost immediate upside potential. Currently professional managed with long-term renters in place. All 4 leases expire in the next 4 months with under market rents, giving new investor ability to increase rents Yr. 1. This property is being sold as a portfolio along with 2 other quads - MLS#2084280 and MLS#2084314. Call Listing Agent with any questions.

Listing Details MLS# 2084251

General Property Information

Number Of Buildings
Yes
Number Of Units Total
4
Bedrooms Total
8
Bathrooms Total
8
Bathrooms Full
4
Bathrooms Half
4
Living Area
3686
New Construction YN
No
Year Built
1983
Garage YN
No
Carport YN
No
Lot Size Acres
0.31
CDD Fee YN
No
Water Body Access YN
No
Directions
From Blanding Blvd. turn west onto Meadowbrook Dr. Turn right onto Crabapple Ct. 467 is on the right.
Public Remarks
Investor Alert! Fully rented and cash flowing Quad priced to sell at almost 6% cap rate with almost immediate upside potential. Currently professional managed with long-term renters in place. All 4 leases expire in the next 4 months with under market rents, giving new investor ability to increase rents Yr. 1. This property is being sold as a portfolio along with 2 other quads - MLS#2084280 and MLS#2084314. Call Listing Agent with any questions.
List Price/SqFt
131.58
Sold Price/SqFt
128.87

Property Features

Cooling: Central Air Current Use: Multi-Family; Residential Heating: Central Listing Terms: Cash; Conventional Lot Features: Other Parking Features: Additional Parking; Off Street Possession: Close Of Escrow; Subject To Tenant Rights Utilities: Electricity Connected; Separate Electric Meters; Sewer Connected; Water Connected Water Source: Public

Contract Information

Listing Contract Date
2025-04-28
Property Sub Type
Quadruplex

Location Tax and Legal

Street Number
467
Street Name
CRABAPPLE
Street Suffix
Court
County
Clay
State
FL
Postal Code
32073
Subdivision Name
Cedar Bend
MLS Area Major
131-Meadowbrook/Loch Rane

Status Change Information

Major Change Timestamp
2025-10-08T13:41:38Z
Major Change Type
Status Change
Purchase Contract Date
2025-08-21
Close Date
2025-10-06
Close Price
475000

Income and Expenses

Gross Income
47829
Net Operating Income
28518

More Information

Unit 1 Details

Unit ID
1A
Actual Rent
997
Unit SqFt
921
Full Baths Total
Yes
Half Baths Total
Yes
Furnished
Unfurnished
Unit Remarks
Lease End 8/25

Unit 2 Details

Unit ID
1B
Actual Rent
1001
Unit SqFt
921
Full Baths Total
Yes
Half Baths Total
Yes
Furnished
Unfurnished
Unit Remarks
Lease end 8/25

Unit 3 Details

Unit ID
2C
Actual Rent
1023
Unit SqFt
921
Full Baths Total
Yes
Half Baths Total
Yes
Furnished
Unfurnished
Unit Remarks
Lease end 7/25

Unit 4 Details

Unit ID
2D
Actual Rent
1088
Unit SqFt
921
Full Baths Total
Yes
Half Baths Total
Yes
Furnished
Unfurnished
Unit Remarks
Lease end 9/25

Location, Tax, and Legal

Country
US
Parcel Number
06042601068711600
Tax Annual Amount
6059.16
Tax Year
2024
Tax Legal Description
LOT 17 BLK 2 CEDAR BEND AS RECO R 4451 PG 1347

Cooling

Central Air
Yes

Current Use

Multi-Family
Yes
Residential
Yes

Heating

Central
Yes

Listing Terms

Cash
Yes
Conventional
Yes

Lot Features

Other
Yes

Parking Features

Additional Parking
Yes
Off Street
Yes

Possession

Close Of Escrow
Yes
Subject To Tenant Rights
Yes

Utilities

Electricity Connected
Yes
Separate Electric Meters
Yes
Sewer Connected
Yes
Water Connected
Yes

Water Source

Public
Yes
Listing Office: SALT RUN REAL ESTATE
Source MLS Verified
Last Updated: March - 09 - 2026
Information deemed reliable but not guaranteed.

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