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1831 Walnut St, Jacksonville, FL 32206
1831 Walnut St, Jacksonville, FL 32206
$239,990 - Single Family
2450 sq ft 4 Bedrooms 2 Bathrooms 1925 Year Built

Additional Details

  • Important Details: --> VACANT AT CLOSING!
  • Features: Historic home in Jax! Captivating Fixer-Upper with equity and potential! This 4 bedroom, 2 bathroom home features 2,450 sqft of living space including an additional outdoor balcony. With renovations, this property holds incredible investment potential. If you possess the vision and creativity to transform this fixer-upper into a masterpiece, then this is the perfect opportunity for you. Nestled between US1 and Main St and only a 6-minute drive to TIAA Bank Field!
  • Potential ARV: $400,000 - $440,000
  • Rehab Description: For a flip or rental, this needs a full cosmetic update. Start with a trash out and deep clean. Spot repair drywall and apply fresh interior paint throughout. Finish the kitchen and update the flooring, bathrooms, and trim/fixtures. Bedroom 3 downstairs needs a closet. Roof shows no sign of leaks or damage, but may need to be replaced due to age. Property was rewired and replumbed in 2004/2005 with permits, electrical panel may need attention. 1 of the 2 Central HVAC units replaced in 2023 with a permit. Rear balcony/landing needs to be reconstructed. Pressure wash and paint exterior and finish with landscaping to boost curb appeal!
  • Estimated Rehab: $40,000 - $70,000
  • Ideal Investment Strategy: Rental/Resale
  • Comparable Rent: $2600
  • Construction: Frame
  • Comp 1: 1729 N LAURA ST, JACKSONVILLE, FL 32206 4/3, 2580 sqft SOLD $465k in APRIL 2023 (1911 build, updated)
  • Comp 2: 1941 HUBBARD ST, JACKSONVILLE, FL 32206 4/3, 2353 sqft SOLD $428K in JUNE 2023 (1909 build, fully updated)
  • Comp 3: 332 E 9TH ST, JACKSONVILLE, FL 32206 4/3, 1,820 sqft SOLD $368K in APRIL 2023 (1908 build, updated, 630 sqft smaller)
  • Comp 4: 1445 IONIA ST, JACKSONVILLE, FL 32206 4/2, 1,640 sqft SOLD $341K in JUNE 2023 (1904 build, updated, 810 sqft smaller)
  • Comp 5: 2055 REDWING ST, JACKSONVILLE, FL 32206 4/3, 1914 sqft SOLD $212k in JULY 2023 (1914 build, dated, as-is investor sale)
  • Comp 6: 302 E 2ND ST, JACKSONVILLE, FL 32206 LEASED $2675/mo
Property Location