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480 S JEFFERSON Street # - Monticello, FL $ 390,000
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480 S JEFFERSON Street # -
$ 390,000
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480 S JEFFERSON Street # -

Monticello, FL, 32344
$ 390,000
Baths0.0 Sq 2,750

Monthly Estimate*

$ 2,401

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View a Virtual Tour
Studio

Multi-Family Home for sale in Monticello, FL

for $390,000. This 2,750 square foot home was built in 1920.

Located in the heart of Monticello, this 4-unit investment property offers a prime opportunity for investors looking to add value and generate income. Positioned just minutes from local businesses, shopping, dining, and convenient interstate access, the location provides strong appeal for tenants seeking both convenience and accessibility. Currently, 3 of the units are occupied, providing immediate rental income, while the remaining 2 units are vacant and present an excellent value-add opportunity. Both vacant units are 1-bedroom, 1-bath units that need updating and repairs to become rent-ready, allowing the next owner to renovate and increase overall cash flow potential. Whether you are looking to expand your investment portfolio, renovate for increased returns, or capitalize on the growing demand for rental housing in Monticello, this property offers strong upside potential in a desirable in-town location.

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Multi-Family Active

Price

$ 390,000

Bedrooms

Studio

Property Type

Multi-Family

Taxes

$ 4,050

Style

One Story

Year Built

1920

Town/City

Monticello

County/Region

Jefferson

MLS | Web ID

400229
Features
General
Heating Central Electric
Cooling CentralAir CeilingFans Electric
Possession CloseOfEscrow
Appliances Microwave Range Refrigerator WasherDryer
HOA Fee 0.0
Patio/Porch Features Patio
Architectural Style OneStory
Construction Materials Frame Other VinylSiding
Year Built 1920
Stories Count 1
Unit Number -
Property Subtype MultiFamily
Gross Income 2515.0
County Jefferson
New Construction N
Property Type Residential
HOA N
Attached Garage N
Subdivision Name -
Garage Y/N N
Rent Includes None
Special Listing Conditions Standard
Status Active
Directions Across from Bob and Jeff's Grocery Store (formerly IGA). US 19 South of the courthouse 1/2 mile on L
High School Jefferson County K-12 School
City Monticello
Senior Community Y/N N
Number Of Units Total 4
MLS Area Jefferson
Carport Y/N Y
Listing Terms Cash Conventional
Elementary School Jefferson County K-12 Schools
Property Attached Y/N N
Land Lease Y/N N
Tax Annual Amount 4050.0
Home Warranty Y/N N
Middle/Junior High School Jefferson County K-12 School
Lease Renewal Y/N N
Additional Parcels Y/N N
Lease Considered Y/N N
Rent Control Y/N N
Virtual Tour https://property.kevinwillisphoto.com/order/7e550d9f-4cd3-4c81-d2c4-08deac25fea2?branding=false
Standard Status Active
Tax Lot -
Property Sub Type Additional MultiFamily
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Interior
Flooring Carpet Other
Basement (Y/N) N
Air Conditioning Y/N Y
Heating Y/N Y
Fireplace Y/N N
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Exterior
Parking Features Carport
Spa N
Building Area Total 2750.0
Lot Dimensions 100x100x100x100
Private Pool N
Waterfront Y/N N
Crops Included Y/N N
Horse Y/N N
Irrigation Water Rights Y/N N
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Internal Only
Street Number 1 480
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* Excluded Features
List By
Keller Williams Town & Country

Broker

Affordability Calculator

$2,739
Per Month
88%
12%
0%
Monthly Principal & Interest
$2,401
Monthly Property Taxes
$338
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
5394293 Elementary School
5353604 Middle School
Jefferson County K-12 School High School High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
5/21/2026$350,000 Listed Price

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480 S JEFFERSON Street # -, Monticello, FL, 32344 is a Multi-Family Home for sale at $390,000 with 2,750 sqft. 480 S JEFFERSON Street # - is a studio with 0.0 baths and was built in 1920. The property's zip code is 32344 which is in Monticello, FL

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