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931 RUBEL Street, Jacksonville, FL 32205

New Listing
$1,399,000
Property Type: Residential Income Baths: 16 Square Footage: 7,678 Lot Size (sq. ft.): 6,970 Status: Active
Current Price: $1,399,000 List Date: 6/21/2026 Last Modified: 6/21/2026

Overview

Description

The Rubel & College Portfolio is a 20-unit, two-property portfolio in Jacksonville's coveted Riverside Historic District. Two masonry multifamily properties at Rubel & College Streets offer a mix of sixteen studios and four one-bedroom units. Ownership invested over $400,000 in interior and systems upgrades, delivering turn-key cash flow with room to grow rents to market. Every unit features quartz counters, shaker cabinetry, tile finishes, in-unit washer/dryer, and separately metered utilities paid directly by tenants. Most windows have been replaced. Roofs replaced 2017 and 2020. Located approximately one mile from Ascension St. Vincent's Riverside and minutes from Five Points, Brooklyn, and Downtown, the asset sits amid more than $5 billion in announced urban-core development. Total current monthly revenue totals approximately $21,000 at full occupancy. See current RR. PRICING ON THIS LISTING IS FOR ONE PROPERTY, HOWEVER BOTH 2892 COLLEGE & 931 RUBEL MUST BE PURCHASED TOGE ...

Listing Details MLS# 2151628

General Property Information

Number Of Units Total
16
Bathrooms Total
16
Bathrooms Full
16
Living Area
7678
Accessibility Features YN
No
New Construction YN
No
Year Built
1928
Garage YN
No
Carport YN
No
Lot Size Acres
0.16
CDD Fee YN
No
Pool Private YN
No
Water Body Access YN
No
Waterfront YN
No
Stories Total
2
Directions
From St. Johns Town Center, take Gate Parkway west to I-95 North. Follow I-95 North to Exit 351B (US-1 N/Kings Ave). Turn left onto Kings Avenue and follow it north. Turn left onto College Street. The property will be on your right at 931 Rubel Street.
Public Remarks
The Rubel & College Portfolio is a 20-unit, two-property portfolio in Jacksonville's coveted Riverside Historic District. Two masonry multifamily properties at Rubel & College Streets offer a mix of sixteen studios and four one-bedroom units. Ownership invested over $400,000 in interior and systems upgrades, delivering turn-key cash flow with room to grow rents to market. Every unit features quartz counters, shaker cabinetry, tile finishes, in-unit washer/dryer, and separately metered utilities paid directly by tenants. Most windows have been replaced. Roofs replaced 2017 and 2020. Located approximately one mile from Ascension St. Vincent's Riverside and minutes from Five Points, Brooklyn, and Downtown, the asset sits amid more than $5 billion in announced urban-core development. Total current monthly revenue totals approximately $21,000 at full occupancy. See current RR. PRICING ON THIS LISTING IS FOR ONE PROPERTY, HOWEVER BOTH 2892 COLLEGE & 931 RUBEL MUST BE PURCHASED TOGETHER.
List Price/SqFt
182.21
Bathrooms Half
0

Property Features

Cooling: Central Air Current Use: Investment; Multi-Family; Residential Heating: Central Listing Terms: Cash; Conventional Lot Features: Corner Lot; Few Trees; Historic Area Parking Features: On Street Possession: Close Of Escrow; Subject To Tenant Rights Utilities: Electricity Connected; Separate Electric Meters; Separate Water Meters; Sewer Connected; Water Connected

Contract Information

Listing Contract Date
2026-06-21
Property Sub Type
Multi Family

Location Tax and Legal

Street Number
931
Street Name
RUBEL
Street Suffix
Street
County
Duval
State
FL
Postal Code
32205
Subdivision Name
New Riverside
MLS Area Major
031-Riverside

Status Change Information

Major Change Timestamp
2026-06-21T22:00:52Z
Major Change Type
New Listing

Currently Not Used

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

More Information

Unit 1 Details

Unit ID
Yes
Actual Rent
1095
Unit SqFt
480
Full Baths Total
Yes
Furnished
Unfurnished
Unit Remarks
Expires 11/30/2026

Unit 2 Details

Unit ID
2
Actual Rent
944.05
Unit SqFt
480
Full Baths Total
Yes
Furnished
Unfurnished
Unit Remarks
Expires 10/31/2026

Unit 3 Details

Unit ID
3
Actual Rent
980
Unit SqFt
480
Full Baths Total
Yes
Furnished
Unfurnished
Unit Remarks
Expires 10/31/2026

Unit 4 Details

Unit ID
4
Actual Rent
985
Unit SqFt
480
Full Baths Total
Yes
Furnished
Unfurnished
Unit Remarks
Expires 05/31/2026

Unit 5 Details

Unit ID
5
Actual Rent
955
Unit SqFt
480
Full Baths Total
Yes
Furnished
Unfurnished
Unit Remarks
Expires 03/31/2027

Unit 6 Details

Unit ID
6
Actual Rent
955
Unit SqFt
480
Full Baths Total
Yes
Furnished
Unfurnished
Unit Remarks
Expires 08/31/2026

Unit 7 Details

Unit ID
7
Actual Rent
955
Unit SqFt
480
Full Baths Total
Yes
Furnished
Unfurnished
Unit Remarks
Expires 09/30/2026

Unit 8 Details

Unit ID
8-16
Actual Rent
7949.05
Unit SqFt
4320
Full Baths Total
9
Furnished
Unfurnished
Unit Remarks
Expirations vary

Location, Tax, and Legal

Country
US
Parcel Number
0646050000
Tax Annual Amount
26872.75
Tax Year
2025
Tax Legal Description
6-5 21-2S-26E .143 NEW RIVERSIDE 1ST ADDN LOT 11 B

Cooling

Central Air
Yes

Current Use

Investment
Yes
Multi-Family
Yes
Residential
Yes

Heating

Central
Yes

Listing Terms

Cash
Yes
Conventional
Yes

Lot Features

Corner Lot
Yes
Few Trees
Yes
Historic Area
Yes

Parking Features

On Street
Yes

Possession

Close Of Escrow
Yes
Subject To Tenant Rights
Yes

Utilities

Electricity Connected
Yes
Separate Electric Meters
Yes
Separate Water Meters
Yes
Sewer Connected
Yes
Water Connected
Yes
Listing Office: MCADOO MULTIFAMILY ADVISORS LLC
Source MLS Verified
Last Updated: June - 21 - 2026
Information deemed reliable but not guaranteed.

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