Stabilized Quadplex Investment Opportunity in Jacksonville's Westside. Well-maintained and owned by the same owner for approximately 10 years, this four-unit property at 5138 Ricker Rd offers investors an established, income-producing asset in Jacksonville's Westside rental corridor. Building qualifies for owner occupant to buy as primary and live in one unit while renting the other 3 units, VA or Conventional. This unit provides immediate cash flow and potential for future upside. The property is conveniently located near major employment centers, including the Amazon and Wayfair fulfillment and distribution facilities within the Cecil Commerce Center, as well as Cecil Field and NAS Jacksonville. This strategic location provides access to a strong base of military, logistics, and civilian employment. With convenient access to major highways and Downtown Jacksonville approximately 15 minutes away, the property offers tenants easy access to employment, shopping, and surrounding areas.
Multi-familyProperty Type
1980Year Built
0.28 acresLot Size
$148Price/Sq.Ft.
8 spacesParking
Listed by Welch Team Keller Williams St Johns WELCH• KELLER WILLIAMS ST JOHNS
Listed by Nathan Edwards• KELLER WILLIAMS ST JOHNS
Jacksonville Heights, located between Blanding Boulevard and 103rd Street, is a residential and commercial Jacksonville neighborhood with mid-century ranch homes and a broad grid of arterial roads. The neighborhood’s character concentrates around the 103rd Street and Ricker Road corridor, where strip plazas, taquerias, barbershops, and everyday services keep sidewalks and parking lots in steady motion. Jacksonville Farmers Market stands out as a long-running local staple for produce runs and weekend browsing. Nearby, the Murray Hill Art Center and Fishweir Brewing Company add a creative, small-batch counterpoint to the area’s practical retail rhythm. Streets of single-story homes mix with pockets of newer infill, while parks and school campuses break up the blocks. The landscape stays grounded and utilitarian, shaped by wide intersections, mature trees, and the steady hum of Westside errands.
Provided by Walk Score and Local Logic
Offer insights
5138 Ricker Rd · $550,000
$550K and above
75% chance or better to win
Why $550K+ is a strong offer
DAYS ON MARKET
18 days
The average home goes pending in 84 days.
SALE-TO-LIST
91.9%
Most homes are selling 8% below list price.
About offer insights
Property details
Interior
Exterior
Finance
Kitchen
Bathroom
Bedroom
Living
Interior features
Wood-burning fireplace
Has heating and cooling
Bedrooms
8 bedrooms
Bathrooms
8 full bathrooms
Kitchen
Dishwasher
Electric range
Microwave
Refrigerator
Laundry & utility
In-unit laundry
Electric water heater
Heating & cooling
Central heating (electric)
Central air (electric)
Exterior features
Fenced backyard (wood)
Few trees
City street frontage
Asphalt road
Home design
Quadruplex (residential)
One story
Entry at level 1
Property attached
Parking
Parking lot with space for 8 vehicles
Construction
Frame construction with wood siding
Shingle roof
Built as single-story building
Utilities
Public sewer
Separate water meters
Water connected
Sewer connected
Electricity connected
Cable available
Financial info
Owner pays common area maintenance, exterior maintenance, grounds care, HVAC maintenance, insurance, management, repairs, roof maintenance, and taxes
Electricity and solar
View estimated energy costs and solar savings for this home
For sale here are a total of 2 buildings and 8 units. Each building is listed at $135,000 ($270,000 total). This listing is for 1 building (4 units). The property is partially rented with minimal rehab and leasing in process for the vacant units. Properties are being listed below recent comparable sales in the same complex at ''as is'' price. Price will increase once the property reaches 100% occupancy. Buy now to take advantage of the value add pricing. No historical financials available, but expenses can be disclosed. Typical unit rents for $600 per month. Owner/Broker: Principal of Seller is a Florida Licensed Real Estate Broker.
realMLS #689207
Oct 23, 2014
Listing Removed
—
Oct 23, 2013
Listed
$139,900
$38/sq ft
Public Records
Mar 7, 2013
Sold
$360,000
$97/sq ft
realMLS #571244
May 27, 2011
Listing Removed
—
May 17, 2011
Sold
$40,500
$11/sq ft
Feb 28, 2011
Listed
$29,900
$8/sq ft
Public Records
Feb 10, 2006
Sold
$317,000
$86/sq ft
Public Records
Jul 9, 1998
Sold
$120,000
$32/sq ft
Public Records
Aug 1, 1984
Sold
$128,800
$35/sq ft
Year
Property tax
Land + Additions
Assessment*
2025
$6,596 (+16.1%)
2024
$5,680 (+6.8%)
2023
$5,321 (+15.6%)
2022
$4,602 (+15.4%)
2021
$3,988 (+5.7%)
2020
$3,773 (+9.1%)
2019
$3,458 (+9.9%)
2018
$3,146 (+1.2%)
$20,000 + $114,335
$134,335
2017
$3,108 (+5.3%)
$18,000 + $112,739
$130,739
2016
$2,953 (−2.5%)
$18,000 + $112,739
$130,739
2015
$3,028 (−2.1%)
$18,000 + $102,029
$120,029
2014
$3,094
Public record
Public record
Zoning
Permits
Beds
8
Baths
8
Stories
1
Lot width
71 ft.
Lot depth
183 ft.
Lot size
0.28 Acres
Year renovated
1984
Finished Sq. Ft.
3,704
Unfinished Sq. Ft.
—
Total Sq. Ft.
3,704
Year built
1984
Style
Multi-Family (5+ Unit)
County
Duval County
APN
0142734220R
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Oct 12, 2026.
RMD-D
Residential Medium Density-D District
This category permits residential developments in a gross density range of up to 20 dwelling units per acre when full urban services are available to the site. Secondary and supporting nonresidential uses described in this category may also be permitted at appropriate locations subject to the performance standards and development criteria set forth in this Section. Medium density residential developments may be sited as transitional uses between single-family and commercial or public/semi-public use areas. Developments with higher densities should be sited in or adjacent to mass transit corridors and stations.; The following primary and secondary zoning districts may be considered in the Medium Density Residential Category depicted on the Future Land Use Maps of the Comprehensive Plan.; Generally, multiple-family dwellings such as apartments, condominiums, townhomes and rowhouses will be the predominant land use in the Residential Medium Density Districts, although other multiple-family, mobile home parks, single-family and mobile home subdivisions may also be developed in appropriate locations. Certain supporting open space uses, community facilities and utilities also may be permitted.
Permitted uses
Include but are not limited to:
Community / recreation center
Religious facility
Housing-Group
Housing-Single unit
Housing-Multiple units
Housing-Senior
Fire house
Police station
Golf related
Park & open space
Aug 31, 2005 • Final
Roofing
Roofing
Oct 6, 1998 • Final
Plumbing
Perform a plumbing repipe for fixtures.
Plumbing
Permit history is from public records and may be incomplete or inaccurate. Redfin and its agents make no representations about the property condition or permit status. Buyers should independently verify all information.
Climate risks
1/10 Flood Factor
Minimal risk of a flood reaching the building in the next 30 years
1/10 Fire Factor
Unlikely to be in a wildfire in next 30 years
8/10 Heat Factor
7 days above 108° expected this year, 20 days in 30 years
9/10 Wind Factor
99% chance of strong winds in next 30 years
5/10 Air Factor
6 unhealthy days expected this year, 7 days in 30 years
Provided by First Street
Historical weather
Jacksonville, FL • 32210
Average low and high temperatures (°F)
63
41
71
49
78
55
84
62
89
69
92
74
95
76
90
76
87
71
80
64
77
56
67
48
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
92/ 100
Exceptional sunlight
Sunscore
This home receives average direct sun exposure in Jacksonville. There appears to be minimal shading by surrounding buildings, terrain, and vegetation.
10.2 hrs
7.1 hrs
JuneDecember
Provided by Shadowmap
Redfin Estimate for 5138 Ricker Rd
We cannot show automated home-value estimates for this home.
Nearby homes have recently sold between $212,766 and $405,000.
Nearby comparable homes
The Redfin Estimate uses 6 recent nearby sales, priced between $213K to $405K.