1138 WALNUT Street, Jacksonville, FL, 32206
About This Home
Exceptional opportunity to own a beautifully restored duplex in the heart of Historic Jacksonville. Whether you're seeking an owner-occupied investment, multi-generational living, or a proven short-term rental property, this turnkey residence offers outstanding flexibility and income potential. Each unit features 3 bedrooms and 2 full bathrooms, thoughtfully updated with modern finishes while preserving the charm and character that make Historic Jacksonville so desirable. The property has been completely remodeled and is move-in ready, allowing you to immediately enjoy the benefits of ownership or continue its successful short-term rental operation. Relax on the inviting front porch or enjoy the outdoors from the front and rear balconies, perfect for entertaining or taking in the neighborhood atmosphere. Located just minutes from downtown, you'll have convenient access to Jaguars games at EverBank Stadium, performances at the Florida Theatre, and the Performance Arts Center. Situated in the neighborhood that hosts the beloved Jacksonville PorchFest, this property offers a unique blend of historic charm, walkable community appeal, and urban convenience. The duplex has a proven track record as a successful Airbnb property and presents an excellent opportunity to offset your mortgage by living in one unit while generating rental income from the other. Furnishings may be purchased separately, making this an ideal turnkey investment opportunity. Don't miss your chance to own a fully renovated historic duplex in one of Jacksonville's most vibrant and sought-after neighborhoods.
Getting Around
Somewhat Walkable
Good Transit
BikeableSchools
Construction
Condition
- Property condition: Updated/Remodeled
- Year built: 1897
Materials
- Roof: Shingle
- Construction materials: Block,Frame,Wood Siding
Type & Style
- Home type: SingleFamily
- Architectural style: Historic
- Property subType: Single Family Residence
Interior
Appliances
- Appliances included: Dishwasher,Dryer,Electric Oven,Electric Range,Electric Water Heater,Microwave,Refrigerator,Washer
Bedrooms & Bathrooms
- Bedrooms: 6
- Bathrooms: 4
- Full bathrooms: 4
Features
- Flooring: Carpet,Tile,Wood
- Number of fireplaces: 2
- Fireplace features: Electric
- Fireplace: Yes
Heating & Cooling
- Heating features: Central,Electric
- Cooling features: Central Air,Electric
Interior Area
- Total interior livable area: 3,028 sqft
Property
Details
- Parcel number: 0727350000
- Zoning description: Residential
Features
- Levels: Two
- Stories: 2
- Patio & porch: Deck,Front Porch
- Exterior features: Balcony
- Fencing: Back Yard
Lot
- Lot size: 4,356 sqft
Parking
- Parking features: On Street
- Has uncovered spaces: Yes
Climate Risk is Financial Risk
Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.
Biggest Threats for This Home
- Cold Wave
- Hurricane
- Heat Wave
- Tsunami
How This Home’s Risks Compare
FEMA Declared Disasters in Duval County and Florida
Understanding the Costs
Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.
Estimated Costs Today
| Monthly | Annual | |
|---|---|---|
| Mortgage | $3,716 | $44,592 |
| Home Insurance * | $1,536 | $18,432 |
| Property Taxes | $1,237 | $14,844 |
| Electricity | $304 | $3,656 |
| Total | $6,793 | $81,516 |
Income You'd Need if You Spent...
Florida FAIR Plan Programs
How Costs Could Change Over Time
Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
Price History
| Date | Event | Price |
|---|---|---|
| 2026-06-16 | Listed for sale | $735,000 |
| 2018-05-09 | Listing removed | $396,000 |
| 2018-04-05 | Price change | $396,000 |
| 2018-02-08 | Price change | $400,000 |
| 2018-02-03 | Listed for sale | $399,999 |
| 2015-06-23 | Sold | $33,000 |
| 2013-09-17 | Sold | $16,900 |
| 2005-04-19 | Sold | $130,000 |
For Sale by Agent
View on Zillow