Log In/Sign Up
Your email has been sent.
Brentwood Apartments 519 W 23rd St 4 Unit Apartment Building $486,455 CAD ($121,614 CAD/Unit) 9.28% Cap Rate Jacksonville, FL 32206
Investment Highlights
- Newer Roof and Windows
- Good rental market
- Long term tenants
Executive Summary
Investor-ready opportunity in the heart of Jacksonville! This 100% occupied 4-unit quadplex at 519 W 23rd St features four 1BR/1BA units in a solid two-story brick building with strong rental demand and immediate cash flow potential. Major improvements already completed, including a newer roof, updated A/C units, and several newer windows, helping reduce future maintenance costs. Major appliances are already included, and units have hardwood floors throughout. Property is stabilized with long-term tenants already in place who have all been occupants of the building for 3+ years, creating consistent income from day one. This historic charmer is located in a high-demand rental corridor near Downtown Jacksonville, UF Health, major employers, highways, and redevelopment activity. Excellent opportunity for investors seeking a turnkey multifamily asset with strong cash flow, low vacancy history, and long-term upside. Perfect for buy-and-hold investors looking to expand their portfolio in one of Jacksonville's in-demand rental markets.
Financial Summary (Actual - 2025) |
Annual (CAD) | Annual Per SF (CAD) |
|---|---|---|
| Gross Rental Income |
$52,552
|
$17.17
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$52,552
|
$17.17
|
| Taxes |
$7,140
|
$2.33
|
| Operating Expenses |
$4,588
|
$1.50
|
| Total Expenses |
$11,728
|
$3.83
|
| Net Operating Income |
$40,824
|
$13.34
|
Financial Summary (Actual - 2025)
| Gross Rental Income (CAD) | |
|---|---|
| Annual | $52,552 |
| Annual Per SF | $17.17 |
| Other Income (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income (CAD) | |
|---|---|
| Annual | $52,552 |
| Annual Per SF | $17.17 |
| Taxes (CAD) | |
|---|---|
| Annual | $7,140 |
| Annual Per SF | $2.33 |
| Operating Expenses (CAD) | |
|---|---|
| Annual | $4,588 |
| Annual Per SF | $1.50 |
| Total Expenses (CAD) | |
|---|---|
| Annual | $11,728 |
| Annual Per SF | $3.83 |
| Net Operating Income (CAD) | |
|---|---|
| Annual | $40,824 |
| Annual Per SF | $13.34 |
Property Facts
| Price | $486,455 CAD | Building Class | C |
| Price Per Unit | $121,614 CAD | Lot Size | 0.10 AC |
| Sale Type | Investment | Building Size | 3,060 SF |
| Cap Rate | 9.28% | Average Occupancy | 100% |
| No. Units | 4 | No. Stories | 2 |
| Property Type | Multifamily | Year Built/Renovated | 1950/2023 |
| Property Subtype | Apartment | Opportunity Zone |
Yes
|
| Apartment Style | Low-Rise | ||
| Zoning | RLD-60 | ||
| Price | $486,455 CAD |
| Price Per Unit | $121,614 CAD |
| Sale Type | Investment |
| Cap Rate | 9.28% |
| No. Units | 4 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.10 AC |
| Building Size | 3,060 SF |
| Average Occupancy | 100% |
| No. Stories | 2 |
| Year Built/Renovated | 1950/2023 |
| Opportunity Zone |
Yes |
| Zoning | RLD-60 |
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 1 | $1,161 CAD | 765 |
| 1+1 | 1 | $1,077 CAD | 765 |
| 1+1 | 1 | $1,029 CAD | 765 |
1 1
Moderately walkable
60/100
Very drivable
80/100
Limited public transit
30/100
Fairly bikeable
40/100
Property Taxes
| Parcel Number | 087498-0000 | Total Assessment | $326,783 CAD (2026) |
| Land Assessment | $19,489 CAD (2026) | Annual Taxes | $7,140 CAD ($2.33 CAD/SF) |
| Improvements Assessment | $307,294 CAD (2026) | Tax Year | 2025 |
Property Taxes
Parcel Number
087498-0000
Land Assessment
$19,489 CAD (2026)
Improvements Assessment
$307,294 CAD (2026)
Total Assessment
$326,783 CAD (2026)
Annual Taxes
$7,140 CAD ($2.33 CAD/SF)
Tax Year
2025
1 of 21
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
1 of 1
Presented by
Brentwood Apartments | 519 W 23rd St
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.