Listed by LEANA PRATTIS of BLUE REAL ESTATE
Turnkey income-producing property operating as a room-by-room rental (PadSplit model) in a highly desirable Jacksonville location. This asset is already set up to generate consistent cash flow with minimal repositioning needed. Current rental breakdown: Room 1: $650/month Room 2: $650/month Room 3: $600/month Total monthly income: $1,900 Property has been updated, with interior renovations and a new roof completed in 2021, reducing near-term capital expenditure concerns and making it a solid, low-maintenance addition to any portfolio. Ideal for investors looking to capitalize on the growing demand for affordable housing and co-living arrangements. Continue operating as-is for immediate income, or transition to a traditional rental or short/mid-term strategy depending on your investment goals. Located in the Riverside/Murray Hill area, with close proximity to Downtown Jacksonville, major roadways, dining, and employment centers--making it attractive to a wide tenant pool.

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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 8:47 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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