1550 MORGAN Street, Jacksonville, FL 32209 (MLS# 2076209)

1550 MORGAN Street, Jacksonville, FL 32209

$377,500
Property Type: Residential Income Bedrooms: 8 Baths: 4 Square Footage: 2,776 Lot Size (sq. ft.): 6,098 Status: Closed
Current Price: $377,500 List Date: 3/17/2025 Last Modified: 12/03/2025

Overview

Description

Work is still in progress. Discover this beautifully renovated quadplex - a prime investment opportunity! Each of the four units features 2 spacious bedrooms and 1 modern bathroom, offering comfortable and stylish living. This property has undergone a complete transformation with all-new upgrades for worry-free ownership and strong rental potential. Property Highlights:. Fully Renovated - Brand new floors, fixtures, plumbing, and electrical throughout. New Roof - Peace of mind with a fresh, durable roof. New Windows - Energy-efficient windows for improved comfort and savings. New Appliances - Modern appliances to be installed in every unit. New A/C Units - Providing year-round comfort for tenants No major updates needed - just collect the rent! Expected rents between $1,000 - $1,100 per unit/month. Potential annual rental income of $52,800 - a solid return on investment! This is a fantastic opportunity to own a low-maintenance, high-yield property.

Listing Details MLS# 2076209

General Property Information

Number Of Buildings
Yes
Number Of Units Total
4
Bedrooms Total
8
Bathrooms Total
4
Bathrooms Full
4
Living Area
2776
Living Area Source
Public Records
New Construction YN
No
Year Built
1971
Garage YN
No
Carport YN
No
Lot Size Acres
0.14
Association YN
No
CDD Fee YN
No
Pool Private YN
No
Water Body Access YN
No
Waterfront YN
No
Furnished
Unfurnished
Stories Total
2
Stories
2
Directions
From Edgewood Ave S, turn right onto W Beaver St. Turn left onto Acorn St. Right on Morgan
Public Remarks
Work is still in progress. Discover this beautifully renovated quadplex - a prime investment opportunity! Each of the four units features 2 spacious bedrooms and 1 modern bathroom, offering comfortable and stylish living. This property has undergone a complete transformation with all-new upgrades for worry-free ownership and strong rental potential. Property Highlights:. Fully Renovated - Brand new floors, fixtures, plumbing, and electrical throughout. New Roof - Peace of mind with a fresh, durable roof. New Windows - Energy-efficient windows for improved comfort and savings. New Appliances - Modern appliances to be installed in every unit. New A/C Units - Providing year-round comfort for tenants No major updates needed - just collect the rent! Expected rents between $1,000 - $1,100 per unit/month. Potential annual rental income of $52,800 - a solid return on investment! This is a fantastic opportunity to own a low-maintenance, high-yield property.
List Price/SqFt
131.48
Sold Price/SqFt
135.99
Bathrooms Half
0

Property Features

Construction Materials: Concrete Cooling: None Current Use: Residential Flooring: Vinyl Heating: None Levels: Two Listing Terms: Cash; Conventional; FHA; VA Loan Lot Features: Cleared Parking Features: Parking Lot Possession: Close Of Escrow Road Frontage Type: City Street Road Surface Type: Asphalt Sewer: Public Sewer Utilities: Sewer Connected; Water Connected Water Source: Public Contingency Reason: Inspection

Contract Information

Listing Contract Date
2025-03-17
Property Sub Type
Quadruplex

Location Tax and Legal

Street Number
1550
Street Name
MORGAN
Street Suffix
Street
County
Duval
State
FL
Postal Code
32209
Subdivision Name
Smiths Allotment
MLS Area Major
074-Paxon

Status Change Information

Major Change Timestamp
2025-05-09T14:32:58Z
Major Change Type
Status Change
Purchase Contract Date
2025-03-25
Close Date
2025-05-08
Close Price
377500

Unit 1 Details

Unit ID
Yes
Unit SqFt
694
Full Baths Total
Yes
Furnished
Unfurnished
Unit Remarks
Vacant
Actual Rent
0

More Information

Unit 2 Details

Unit ID
2
Unit SqFt
694
Full Baths Total
Yes
Furnished
Unfurnished
Unit Remarks
Vacant
Actual Rent
0

Unit 3 Details

Unit ID
3
Unit SqFt
694
Full Baths Total
Yes
Furnished
Unfurnished
Unit Remarks
Vacant
Actual Rent
0

Unit 4 Details

Unit ID
4
Unit SqFt
694
Full Baths Total
Yes
Furnished
Unfurnished
Unit Remarks
Vacant
Actual Rent
0

Location, Tax, and Legal

Country
US
Parcel Number
0758720020
Tax Annual Amount
3051.28
Tax Year
2024
Tax Legal Description
3-98 40-2S-26E .14 SMITHS ALLOTMENT LOT 28 E 20FT

Construction Materials

Concrete
Yes

Cooling

None
Yes

Current Use

Residential
Yes

Flooring

Vinyl
Yes

Heating

None
Yes

Levels

Two
Yes

Listing Terms

Cash
Yes
Conventional
Yes
FHA
Yes
VA Loan
Yes

Lot Features

Cleared
Yes

Parking Features

Parking Lot
Yes

Possession

Close Of Escrow
Yes

Road Frontage Type

City Street
Yes

Road Surface Type

Asphalt
Yes

Sewer

Public Sewer
Yes

Utilities

Sewer Connected
Yes
Water Connected
Yes

Water Source

Public
Yes

Contingency Reason

Inspection
Yes

Documents

Listing Office: KELLER WILLIAMS FIRST COAST REALTY
Source MLS Verified
Last Updated: December - 03 - 2025
Information deemed reliable but not guaranteed.