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3585-3597 DREXEL Street, Jacksonville, FL, 32207

12beds
12baths
5,920sqft
$899,000
$152price/sqft
$6,887/moest. monthly cost
$275,480/yrincome needed

About This Home

Immediate income-producing, turnkey investment opportunity featuring 4 separately deeded townhomes offered as one portfolio at 3585, 3589, 3593 & 3597 Drexel Street. Built in 2022, this newer construction asset offers immediate income, low-maintenance ownership, and the rare flexibility to sell units individually-creating a built-in exit strategy for future appreciation. Each residence offers 3 bedrooms, 2.5 bathrooms, 1,480 sq ft, and an attached one-car garage. Floor plan features open-concept living on the first floor with kitchen, dining, and living areas - along with a half bath, plus 3 bedrooms and 2 full baths upstairs. All units are finished with consistent durable, low-maintenance materials including luxury vinyl plank flooring, shaker-style cabinetry, quartz countertops, and stainless steel appliances. Exterior features include Hardie siding, fully fenced yards, and irrigation systems for each unit. This income producing portfolio provides a mix of 3 long-term rental units and one fully furnished short-term rental with established performance history and professional management in place. (Furnishings convey with acceptable offer) Opportunity exists for increased returns through rent optimization or management adjustments. Photos shown only include the furnished short-term rental unit. All units share an identical floor plan, with cohesive finishes and overall condition. Located just minutes from the historic charm of San Marco Square and the scenic St. Johns River with easy access to premier dining, boutique shopping, and the Southbank Riverwalk. With a strong combination of stable long-term income and supplemental short-term rental revenue, this asset offers diversified cash flow in a low-maintenance, newer construction package. Ideal for investors seeking a 1031 exchange, portfolio expansion, or a flexible asset with multiple future exit strategies in a growing rental market.

Getting Around

46
WalkingCar-Dependent
32
TransitSome Transit
69
BikeBikeable

Schools

2/10
3/10
Southside Middle SchoolGrades 6-82.8 mi
2/10
Englewood High SchoolGrades 9-121.8 mi

Construction

Condition

  • Year built: 2022

Materials

  • Roof: Shingle
  • Construction materials: Composition Siding

Type & Style

  • Home type: MultiFamily
  • Property subType: Quadruplex

Interior

Appliances

  • Appliances included: Dishwasher,Electric Oven,Electric Water Heater,Microwave,Refrigerator
  • Laundry features: Electric Dryer Hookup,Washer Hookup

Bedrooms & Bathrooms

  • Bedrooms: 12
  • Bathrooms: 12
  • Full bathrooms: 8
  • 1/2 bathrooms: 4

Features

  • Flooring: Vinyl

Heating & Cooling

  • Heating features: Central
  • Cooling features: Central Air

Interior Area

  • Total interior livable area: 5,920 sqft

Property

Details

  • Parcel number: 1359650400
  • Attached to another structure: Yes
  • Zoning description: Residential

Features

  • Levels: Two
  • Fencing: Back Yard,Wood

Lot

  • Lot size: 10,018 sqft
  • Features: Sprinklers In Front,Sprinklers In Rear

Parking

  • Total spaces: 4
  • Parking features: Garage,Garage Door Opener,Off Street
  • Has garage: Yes
  • Attached garage spaces: 4
  • Covered spaces: 4