Turnkey income-producing property operating as a room-by-room rental (PadSplit model) in a highly desirable Jacksonville location. This asset is already set up to generate consistent cash flow with minimal repositioning needed. Current rental breakdown: Room 1: $650/month Room 2: $650/month Room 3: $600/month Total monthly income: $1,900 Property has been updated, with interior renovations and a new roof completed in 2021, reducing near-term capital expenditure concerns and making it a solid, low-maintenance addition to any portfolio. Ideal for investors looking to capitalize on the growing demand for affordable housing and co-living arrangements. Continue operating as-is for immediate income, or transition to a traditional rental or short/mid-term strategy depending on your investment goals. Located in the Riverside/Murray Hill area, with close proximity to Downtown Jacksonville, major roadways, dining, and employment centers--making it attractive to a wide tenant pool.

Listing courtesy of LEANA PRATTIS of BLUE REAL ESTATE



Listing information is provided by Participants of the Northeast Florida Multiple Listing Service(dba realMLS). IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. Copyright 2026, Northeast Florida Multiple Listing Service(dba realMLS).
Last checked: 2026-05-02 02:22 AM UTC