1521 Mcduff Ave

This offering is one of three multifamily properties available within the same Riverside submarket. Additional investment opportunities include 3212 Herschel Street and 2312 Riverside Ave multifamily assets, allowing buyers the option to acquire a single property or assemble a small portfolio in a high-demand, historic neighborhood. Located in Riverside’s historic district, 1512 McDuff Avenue is a four-unit multifamily investment offering immediate income with meaningful value-add potential. The two-story brick building, built in 1942, features four leased units, providing stable in-place cash flow while allowing upside through renovation and repositioning. The property offers approximately 3,670 square feet of effective interior space, including common areas, and is zoned RMD-B, supporting continued multifamily use. Units are between 820 - 862 sq ft approximately. Each unit includes a functional layout with galley-style kitchens and modern bathrooms, along with a mix of wood and carpeted flooring. While the property is well maintained, the highest and best use is to enhance and modernize to better align with the surrounding Riverside market, where upgraded multifamily properties command premium rents. Surrounded by high-end homes, popular restaurants, and established businesses, this asset represents a strong opportunity for investors seeking long-term growth in one of Jacksonville’s most desirable neighborhoods.