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4 Beds
2 Baths
2,624 sqft

$465,000

116 W 7TH Street, Jacksonville FL, 32206

Price per sqft$177.21
Built in1912
Property size2,624 sqft
Property typeMulti-family

Overview

Active

Listed Aug 25, 2026

Updated 2 weeks ago

Built in 1912 by J.R. Dickerson. Both units are leased, income starts the day you close. Upstairs is renting at $1,575 a month, downstairs at $1,630, both locked in for a year. That's $3,205 a month in gross rent on day one, no vacancy gap, no lease-up period. This duplex on W 7th has original heart of pine floors, fireplaces, and a butler's pantry with 3 built-ins still doing their job as a prep station and storage. An additional built-in in the hall adds even more storage. Both levels open onto covered porches, a signature Craftsman detail, two blocks from Main Street. 4-point insurance inspections are available on request if you want to see the numbers before you make an offer. If you've been looking for a Springfield property that pencils out from day one, this one's worth a look. Upstairs leased until 10/31/27 ($1575.) Downstairs leased until 8/30/27 ($1630.) Offering immediate rental income from day one. (SF estimated.) Investors ask about a DSCR loa

$3,094/mo

Est. mortgage payment based on a $465,000 home price.

All estimates are provided by Luxury Presence for informational purposes only. Actual amounts may vary.

Additional information

MLS® ID
2161814

Interior Features

Bedrooms
4
Bathrooms
2
Fireplace
Yes
Cooling
Yes
Heating
Yes
Basement
No

Exterior Features

Lot Size
0.06 Acres

Other Property Details

Taxes
$3,819
Tax Frequency
Annually
55+/Senior Community
No
MLS provider logo

Courtesy of COWFORD REALTY & DESIGN LLC

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Data last updated 7:03 AM UTC, 9/22/2026

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