Listed by IAN BROWN of YIELD COACH REALTY
Barnett Street Apartments - 12 Unit (24 Bedrooms) Investment. Renovated in 2023, Barnett Street Apartments offers 12 units all 2BD/1BA across two solid concrete block buildings. Ideal for investors targeting the affordable housing sector, this property presents a value-add asset with a history of stable rental demand and low maintenance requirements. Interior upgrades include new kitchen cabinets, countertops, appliances, range hoods, updated fixtures, vinyl plank flooring, and central HVAC in all units. Each unit is separately metered for water and electric. No common area landlord utilities. Situated on an oversized parcel with access from both Kings Road and Hart Street, the property provides excellent ingress/egress and long-term development potential. Renovations completed in 2023--minimal deferred maintenance and capex requirements for new owners. JaxHA voucher limits for 2bd units in 32209 zip code have increased dramatically, unique affordable housing investmen Highlights: 12 Units | All 2BD/1BA Renovated in 2023 Concrete Block Construction Separately Metered Utilities Central HVAC in All Units Oversized Lot with Dual Access Points Strong Demand for Affordable Housing Turnkey asset with history of steady demand and long-term upside in a growing submarket.

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Federal 30-year interest rate: 6.36% last updated on May 14, 2026. * The above figures are estimates provided by Union Street Media using the FRED® API, and are not endorsed or certified by the Federal Reserve Bank of St. Louis. Check with your lender for actual interest rates.

 "Based on information submitted to Northeast Florida Association of REALTORS as of May 16, 2026 6:16 PM EDT . All data is deemed reliable but is not guaranteed accurate by the MLS. All information should be independently reviewed and verified for accuracy. IDX information is provided exclusively for consumers’ personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing."

 
 

 

 

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