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Some duplexes hand you two empty units and ask you to fill them both before a single dollar comes in. This one skips that step. Half the rent is already locked in before you even get the keys.

The home at a glance
114-116 W 7th Street, Jacksonville, FL 32206, Springfield Historic District
$465,000
Two units, each 2 bedrooms and 1 bath
2,624 total square feet
Built in 1912

About

J.R. Dickerson built this one in 1912, and the Craftsman bones are still here. Heart pine floors run through both units, a brick fireplace anchors the downstairs living room, and a butler’s pantry holds three built-ins original to the house, still doing the job they were built for. The upstairs bathroom got a real glow-up: a navy clawfoot tub sits on patterned tile, the kind of detail that makes a buyer stop scrolling. The roof was replaced in 2018 and the HVAC in 2019, and the electrical and plumbing are both fully updated. Upstairs sits vacant and ready to move into today. Downstairs already has a tenant locked in through September 2027, so rental income starts the day you close.

Springfield has been my neighborhood since 2003, and this stretch of it still feels like the version I fell for. You’re a couple blocks from Main Street, where Juice Wine Bar and Crispy’s keep the corridor busy on weekends, and Othello’s is a short walk beyond that for another easy dinner option. Klutho Park is close by for anyone who wants green space without leaving the district. And if you’re around every November, you’ll catch Jax Porchfest rolling right through these streets, ten thousand people out on front porches listening to music all day.

Parking is on the street. Water is shared between the two units and runs $60 to $70 a month total, while electric is separately metered so each tenant covers their own. The home sits inside the Springfield Historic District, which means design guidelines instead of HOA fees. Upstairs can be shown anytime. Downstairs needs advance notice out of respect for the current tenant.

$465,000 gets you a duplex with income built in from day one. Text me at 904-710-5702 and I’ll get you a showing.

Is this move-in ready, or does it need work? Upstairs is ready to move into now, updated bathroom included. The roof, HVAC, electrical, and plumbing are all recent or fully updated, so you’re not walking into a list of big-ticket repairs on day one.

How does the downstairs lease affect a buyer? You inherit that lease at closing, so the rent keeps coming in without a gap. It’s a clean handoff, not a scramble to find a new tenant.

How does $465,000 compare to other Springfield duplexes right now? That price works out to about $177 a square foot, a touch above where recent duplex sales here have landed on average. The newer roof and HVAC, plus the fully updated systems, are what earn that premium.

Key Takeaways

  • This duplex at 114-116 W 7th Street is listed for $465,000 and has two 2-bedroom, 1-bath units with a total of 2,624 square feet.
  • The upstairs unit is move-in ready, while the downstairs unit has a tenant locked in until September 2027, ensuring immediate rental income.
  • Recent updates include a new roof (2018), HVAC (2019), and fully updated electrical and plumbing systems.
  • Located in the Springfield Historic District, this property is close to local amenities and parks, enhancing its appeal.
  • At about $177 per square foot, this duplex is priced slightly above average for recent sales in the area, justifying the premium with its newer features.