Multifamily Property for Sale in Jacksonville, FL

  • Price: $825K
  • Listing type: For sale
  • Asset type: Multifamily Property
  • Location: Jacksonville, FL 32210
  • Size: 4,104 SF
  • Year built: 2003

Description

Turnkey investment opportunity in a rapidly growing Jacksonville market. 7368 Mailes Ct is a newly constructed (2023) four-unit multifamily property, each offering 2 bedrooms and 2 bathrooms with modern finishes and strong rental appeal. Three units are currently leased, providing immediate income with upside through lease-up of the final unit. Ideally located with quick access to I-295 and I-95, and just minutes from major retail, dining, and daily conveniences, this property is also near major employers including Wayfair and Amazon, attracting a strong and stable tenant base seeking accessibility and convenience. Built for low maintenance and long-term performance, the property is projected to achieve a CAP rate exceeding 6% once fully stabilized. Offered at $825,000, this is a strong opportunity for investors seeking a quality, income-producing asset. Building SF: 4104 | Year Built: 2003 | Listing Type: FOR SALE

Market Context

This multifamily in Jacksonville, FL is listed for sale at $825,000 across 4,104 SF. The building dates to 2003. It has been on the market for 39 days. Compare it against other multifamily listings for sale in Jacksonville, FL — <a href="/search/sale/multifamily/florida/jacksonville">view the full market</a>.

As of Q1 2026, the Jacksonville multifamily market showed a 15.3% vacancy rate, rents up 4.0% year over year, and cap rates around 9.7%. Source: Naihallmark.com Q1 2026 market report.

Rising rents point to a competitive market where well-priced, well-located assets trade quickly.

Multifamily market FAQ

What is the typical cap rate for multifamily in Jacksonville?
About 9.7% as of Q1 2026, per Naihallmark.com.
Is the Jacksonville multifamily market tightening or softening?
Vacancy is around 15.3%, with asking rents rising year over year (Q1 2026).

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