1628 WALNUT Street Jacksonville, FL $ 795,000
1628 WALNUT Street
$ 795,000
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1628 WALNUT Street

Jacksonville, FL, 32206
$ 795,000
Bedrooms-- Baths9.0 Sq 3,832

Monthly Estimate*

$ 4,895

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Commercial Property for sale in Jacksonville, FL

for $795,000 with 9 full baths. This 3,832 square foot building was built in 1909 on a lot size of 0.12.

This beautiful 5 unit fully renovated building offers an incredible opportunity to invest in the highly desirable and upwardly mobile Springfield neighborhood. The classic Colonial architecture of 1909 provides attractive curb appeal that is in much demand to potential renters. Both the interior and exterior have recently (2025) undergone an extensive restoration at the same time retaining the enduring style that makes this area so appealing. The building comprises of 4 fully renovated 2/2 units with a huge 1/1 encompassing the entire 3rd floor. The building is 100% occupied, with rents ranging from $1300 to $1350. All the units have been completely renovated with a modern flair and everything brand new including, flooring, kitchen, baths, plumbing, electric, appliances and more. There is air conditioned/heated hallways with communal laundry on the 1st and 2nd floors. 1628 Walnut is located within the vibrant community of Springfield just 1 mile north of downtown and amidst the active social scene of the area. Property being offered by owner/agent.

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Commercial Active

Price

$ 795,000

Full Bath

9

Property Type

Commercial

Taxes

$ 10,155

Style

Multi Family

Lot Size

0.12

Year Built

1909

Town/City

Jacksonville

County/Region

Duval

MLS | Web ID

2134385

Features
General
Sewer Public Sewer
Heating Central Electric
Cooling Central Air Electric Ceiling Fan(s) Wall Unit(s)
Utilities Cable Available Electricity Connected Sewer Connected Water Connected
Possession Close Of Escrow
Roof Metal
Security Features Fire Alarm Fire Sprinkler System Firewall(s)
Year Built 1909
Tenant Pays Electricity Sewer Water
Property Subtype Multi Family
Tax Year 2025
Current Use Multi-Family Residential
Parcel Number 0723010000
Gross Income 85020.0
County Duval
Net Operating Income 55115.0
Insurance Expense 8328.0
New Construction 0 None
Property Type Commercial Sale
HOA N
Attached Garage N
Building Features Laundry Rear Access Storage
Status Active
Directions Take Main Street North headed away from Downtown Jacksonville take a right on East 4th Street. Drive three blocks to Walnut and take a right.
City Jacksonville
Senior Community Y/N N
Zoning Description Commercial/Residential/Office
Number Of Units Total 5
MLS Area 072-Springfield
Lot Size Units Acres
Lot Size Square Feet 5227.2
Listing Terms Cash Conventional
Land Lease Y/N N
Tax Annual Amount 10155.69
Home Warranty Y/N N
Lease Renewal Y/N N
MLS Area Minor 072-Springfield
Additional Parcels Y/N N
Lease Considered Y/N N
Rent Control Y/N N
Standard Status Active
Total Actual Rent 6625.0
Cash True
Conventional True
Private Pool Y/N None
Water Body Access Y/N None
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Interior
Flooring Vinyl
Total Stories 3
Basement (Y/N) N
Air Conditioning Y/N Y
Heating Y/N Y
Total Baths 9
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Exterior
Parking Features Additional Parking Off Street On Street Unassigned
Lot Features Historic Area
Water Source Public
Lot Size Area 0.12
Spa N
Lot Size Acres 0.12
Waterfront Y/N N
Road Frontage Type Alley City Street
Crops Included Y/N N
Horse Y/N N
Irrigation Water Rights Y/N N
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Internal Only
Street Number 1 1628
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* Excluded Features
List By
Compass Florida Llc

Broker

nick.salter@compass.com

Email

Affordability Calculator

$5,741
Per Month
85%
15%
0%
Monthly Principal & Interest
$4,895
Monthly Property Taxes
$846
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
308105 Elementary School
308138 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
3/11/2026$795,000 Listed Price

Map


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1628 WALNUT Street, Jacksonville, FL, 32206 is a Commercial Property for sale at $795,000 with 3,832 sqft and a lot size of 0.12. 1628 WALNUT Street has 9.0 baths and was built in 1909. The property's zip code is 32206 which is in Jacksonville, FL