Nestled in the heart of Riverside, this charming 1925 two-story, Norwegian brick quadplex is a rare find for investors seeking passive rental income and long-term appreciation. This historic property presents an exceptional opportunity for thoughtful updates and enhancements, allowing you to unlock its full potential. With strategic renovations and improvements, there is significant room to elevate both the property's appeal and rental value, positioning it for stronger returns. This is a prime value-add investment, offering the chance to blend historic charm with modern upgrades to maximize long-term appreciation and income potential. Zoned CRO (Commercial Residential Office), this versatile property allows for both residential and commercial use, making it ideal for traditional rentals, short-term stays, or office space. Each of the four units features original wood floors, high ceilings, and an inviting 2-bedroom, 1-bath layout filled with natural light. The building has both front and back stairs with ingress and egress for each unit on each staircase. The solid brick construction ensures lasting durability while maintaining its timeless charm. Roof was replaced in 2018, All HVAC's replaced in 2017, and plumbing & electrical upgrades throughout. Located in a high-demand rental market, this property is just minutes from St. Vincents Hospital, Five Points, the St. Johns River, and downtown Jacksonville. Tenants will enjoy walkability to some of the city's best dining, shopping, and entertainment options. Whether you're an investor looking to expand your portfolio or an entrepreneur seeking passive income, this prime Riverside quadplex offers endless potential. Don't miss this exceptional opportunity to schedule your showing today!
For sale
$1,100,000
2321 Riverside Ave, Jacksonville, FL 32204
8beds
5,176sqft
Est.:
Multi Family
Built in 1925
-- sqft lot
$-- Zestimate®
$213/sqft
$-- HOA
What's special
- 93 days
- on Zillow |
- 550 |
- 29 |
Zillow last checked: 7 hours ago
Listing updated: March 06, 2025 at 12:06pm
Listed by:
Jena Dennis office:904-823-3456,
Great Expectations Realty
Source: St Augustine St Johns County BOR,MLS#: 251015

Travel times
Tour with a buyer’s agent
Tour with a buyer’s agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 8
- Bathrooms: 4
- Full bathrooms: 4
Primary bedroom
- Level: First
Interior area
- Total structure area: 5,176
- Total interior livable area: 5,176 sqft
Video & virtual tour
Property
Features
- Stories: 2
- Entry location: Ground Level
Lot
- Size: 9,583.2 Square Feet
- Features: Less than 1/4 Acre
Details
- Parcel number: 0906370000
- Zoning: CRO
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Condition
- New construction: No
- Year built: 1925
Community & HOA
Community
- Subdivision: Riverside
HOA
- Has HOA: No
Location
- Region: Jacksonville
Financial & listing details
- Price per square foot: $213/sqft
- Tax assessed value: $841,100
- Annual tax amount: $15,644
- Price range: $1.1M - $1.1M
- Date on market: 2/18/2025
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