1641 E 16th St
Jacksonville, FL 32206
Fairfield- 17 Beds
- 6.5 Baths
- 5,183 sqft (on 0.35 acres)
17 Beds
6.5 Baths
5,183 sqft
(on 0.35 acres)
Local Information
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Description
Portside Oaks Apartments is a 17-bedroom, 5,183 sq. ft. turnkey quadruplex that has just undergone a $200,000+ renovation. Improvements include a new roof, plumbing, windows, HVAC units, Hardie board siding, doors, drywall, kitchens, bathrooms, insulation, paint inside and out, water heaters, carpet, ceiling fans, light fixtures, privacy fence, soffit, appliances, and much more. 3 of the 4 units are now practically brand and should have no deferred maintenance for years to come. Each unit has a laundry room, is separately metered, and has sliding glass doors that open to a large fenced in back yard. Unit one is a 5/2, unit two is a 4/1.5, unit three is a 3/1.5, and unit four is a 5/1.5. Unit 3 is currently rented for $850 a month to a long-term tenant. Units 1, 2, & 4 are currently vacant but will have no problem finding tenants as people stop by daily to inquire about renting. Units 1 & 4 have a market rent of $1,175 and unit 2 has a market rent of $1,050. With an annual rent of $51,000, this investment will yield over an 7.25% cap rate with a management expense included and over 8% if self-managed. You will not find another investment property with this combination of high yield and great condition! Centrally located with easy access to all Jacksonville amenities. This one will not last!
This property is off market, which means it's not currently listed for sale or rent on Trulia. This may be different from what's available on other websites or public sources.
Home Highlights
Parking
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Home Details for 1641 E 16th St
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Heating & Cooling Heating: ElectricAir ConditioningCooling System: CentralHeating Fuel: Electric |
Levels, Entrance, & Accessibility Stories: 2Floors: Tile, Carpet |
Interior Details AtticNumber of Rooms: 37Types of Rooms: Dining Room, Laundry Room, PantryCeiling Fan |
Appliances & Utilities Cable ReadyRefrigerator |
Windows, Doors, Floors & Walls Double Paned Windows |
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Exterior Home Features Roof: AsphaltExterior: Other |
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Year Built Year Built: 1976Year Updated: 2020 |
Property Type / Style Property Type: Multi Family |
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Units in Building: 4 |
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Lot Area: 0.35 acres |
Price History for 1641 E 16th St
| Date | Price | Event | Source |
|---|---|---|---|
| 10/03/2025 | $635,000 | ListingRemoved | realMLS #2082604 |
| 09/05/2025 | $635,000 | PriceChange | realMLS #2082604 |
| 04/18/2025 | $670,000 | Listed For Sale | realMLS #2082604 |
| 03/10/2021 | $450,000 | Sold | N/A |
| 12/29/2020 | $458,000 | Pending | N/A |
| 12/17/2020 | $458,000 | PriceChange | N/A |
| 12/12/2020 | $468,000 | Listed For Sale | N/A |
| 05/31/2013 | $88,000 | Sold | realMLS #650526 |
| 07/13/2005 | $82,000 | Sold | N/A |
| 01/19/2000 | $79,000 | Sold | N/A |
Property Tax and Assessment
| Year | 2024 |
|---|---|
| Tax | $9,642 |
| Assessment | $518,195 |
Home facts updated by county records
Comparable Sales for 1641 E 16th St
Address | Distance | Property Type | Sold Price | Sold Date | Bed | Bath | Sqft |
|---|---|---|---|---|---|---|---|
0.88 | Multi-Family Home | $440,000 | 03/05/26 | 8 | 4 | 2,704 | |
0.99 | Multi-Family Home | $399,000 | 02/12/26 | 8 | 4 | 2,762 | |
1.24 | Multi-Family Home | $650,000 | 10/28/25 | 6 | 5 | 4,332 | |
0.61 | Multi-Family Home | $244,900 | 09/09/25 | 4 | 2 | 1,620 | |
1.00 | Multi-Family Home | $310,000 | 02/18/26 | 4 | 4 | 2,580 | |
1.19 | Multi-Family Home | $185,542 | 10/02/25 | 4 | 3 | 2,890 | |
0.85 | Multi-Family Home | $75,100 | 01/21/26 | 5 | 3 | 1,752 | |
0.96 | Multi-Family Home | $280,000 | 06/27/25 | 8 | 4 | 2,560 | |
0.51 | Multi-Family Home | $88,000 | 02/27/26 | 4 | 2 | 1,104 | |
1.71 | Multi-Family Home | $550,000 | 07/25/25 | 6 | 4 | 3,192 |
Nearby homes
Get a sense of prices in the area by checking nearby homes.Assigned Schools
These are the assigned schools for 1641 E 16th St.
What Locals Say about Fairfield
At least 5 Trulia users voted on each feature.
100 % Say yards are well-kept
100 % Say there are sidewalks
80 % Say car is needed
71 % Say streets are well-lit
67 % Say parking is easy
67 % Say kids play outside
50 % Say they plan to stay for at least 5 years
45 % Say there's wildlife
44 % Say people would walk alone at night
38 % Say it's quiet
33 % Say neighbors are friendly
33 % Say it's dog friendly
25 % Say it's walkable to restaurants
22 % Say it's walkable to grocery stores
Sourced by Trulia users. Learn more about our methodology.
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1641 E 16th St, Jacksonville, FL 32206 is a 17 bedroom, 7 bathroom, 5,183 sqft multi-family built in 1976. 1641 E 16th St is located in Fairfield, Jacksonville. This property is not currently available for sale. 1641 E 16th St was last sold on Mar 10, 2021 for $450,000. The current Trulia Estimate for 1641 E 16th St is $611,600.

