Listing provided courtesy of COMPASS FLORIDA LLC- MLS# 2136378MLS Provider

1628 WALNUT StreetJacksonville, FL 32206

Multi-Family · 9 Beds · 9 Full Baths · 3,832 Sq. ft. | 0.12 Acres
$795,000 Pending

1628 WALNUT Street Overview

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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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1628 WALNUT Street Facts & Features

  • Type Multi-Family
  • Sq. ft. 3,832
  • Price/Sq.ft. $207
  • Lot 0.12 Acres

Details

General

Association/HOA

  • Association: No

Income/Expenses

  • Gross Income: 85020.0
  • Income Includes: Rent Only
  • Net Operating Income: 55115.0

Building Information

  • New Construction: No
  • Year Built: 1909

Business Information

  • Current Use: Multi-Family,Residential

Location/Region

  • Country: US
  • County Or Parish: Duval
  • MLS Area Major: 072-Springfield
  • MLS Area Minor: 072-Springfield
  • Subdivision Name: Springfield

Rent/Lease Information

  • Tenant Pays: Electricity,Sewer,Water

Tax Information

  • Tax Annual Amount: 10155.69
  • Tax Year: 2025

General Information

  • Furnished: Unfurnished
  • Listing Terms: Cash,Conventional,Other
  • Parcel Number: 0723010000
  • Property Sub Type: Multi Family
  • Property Type: Residential Income

Interior

Parking Information

  • Garage: No

Beds/Baths

  • Bathrooms Full: 9
  • Bathrooms Half: 0
  • Bathrooms Total: 9
  • Bedrooms Total: 9

General Information

  • Appliances: Dishwasher,Disposal,Dryer,Electric Oven,Microwave,Refrigerator,Tankless Water Heater,Washer
  • Entry Level: 1
  • Flooring: Vinyl
  • Laundry Features: Multiple Locations,Common Area,Lower Level,Upper Level
  • Levels: Three Or More
  • Living Area: 3832.0
  • Living Area Source: Estimated
  • Security Features: Fire Alarm,Fire Sprinkler System
  • Stories Total: 3

Exterior

Parking Information

  • Parking Features: Additional Parking,On Street
  • Parking Total: 3.0

Lot Information

  • Lot Features: Historic Area
  • Lot Size Acres: 0.12
  • Lot Size Area: 0.12
  • Lot Size Square Feet: 5227.2
  • Lot Size Units: Acres
  • Number Of Buildings: 1
  • Road Surface Type: Asphalt
  • Water Source: Public

Waterfront/View

  • Waterfront: No

Building Exterior/Construction

  • Attached Garage: No
  • Property Attached: No
  • Roof: Metal

General Information

  • Carport: No
  • Number Of Units Total: 5
  • Pool Private: No
  • Road Frontage Type: Alley,City Street
  • Sewer: Public Sewer
  • Utilities: Electricity Connected,Sewer Connected,Water Connected

1628 WALNUT Street Neighborhood

Community

32206 (Jacksonville) Demographics

36
Median Age
2,106
Population Density (per sq. mile)
21%
College Educated
$31,526
Estimated Median Income
2,889
Estimated Total Home Owners
3,698
Estimated Total Renters
44% / 56%
Estimated Owner / Renter Divide
2
Estimated Average Household Size
Community data courtesy of LiveBy, Inc.

Schools

School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.

1628 WALNUT Street Monthly Cost

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* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

1628 WALNUT Street Market Data

Based on the last 30 days in this zip code

$241,903
Average List Price
$160
Average Price per Square Foot
14
Properties Sold
96
Average Days on Market
152
Properties for Sale
Calculations provided by Reliance Network

1628 WALNUT Street History

Date Event Value Agent
4/17/2026Source: North East Florida MLS Status Change
Pending
4/17/2026Source: North East Florida MLS Status Change
Pending
3/24/2026Source: North East Florida MLS Added to Database
March 24, 2026
3/24/2026Source: North East Florida MLS Status Change
Closed
3/19/2026Source: North East Florida MLS Status Change
Pending
3/11/2026Source: North East Florida MLS Added to Database
March 11, 2026
1/20/2026Source: North East Florida MLS Added to Database
January 20, 2026
3/14/2025Source: North East Florida MLS Status Change
Closed
3/12/2025Source: North East Florida MLS Status Change
Pending
2/12/2025Source: North East Florida MLS Added to Database
February 12, 2025