LKV Realty
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$650,000
$3,400Reward *
865 COLE Road, Jacksonville, FL 32218Listing ID 2141944

865 COLE Road, Jacksonville, FL 32218

Active
Oceanway
Time on site: 108 daysLast updated: May 16, 2026
Property Type
Property Type
Residential Income
Property Sub Type
Property Sub Type
Multi Family
Bedrooms
Bedrooms
10
Bathrooms
Bathrooms
6
Square Feet
Square Feet
4,424
Acres
Acres
1.36
Days on Site
Days on Site
107
Cooling
Cooling
Central Air
Year Built
Year Built
1948
Garages
Garages
2

Exceptional income-producing property offering 5 total units on 1.36 acres in the highly convenient Pecan Park area of North Jacksonville. Ideally located just minutes from I-95 and I-295, less than 10 minutes to Jacksonville International Airport, approximately 15 minutes to Downtown Jacksonville, 25 minutes to the beaches, and only 2 miles from River City Marketplace with major shopping, dining, and retail. This unique multi-unit property features 4 units in the main building plus 1 separate detached home, offering a total of 4,424 square feet of living space. The main building includes three 2-bedroom, 1-bath units, each with private indoor laundry, with one unit also featuring an insulated garage that could easily be converted into an additional bedroom or flex space. Unit sizes include approximately 680 sq ft, 814 sq ft, and 972 sq ft. The spacious primary unit offers 3 bedrooms, 2 bathrooms, 1,369 sq ft, plus a propane stove and propane dryer setup. The detached home offers an additional 1-bedroom, 1-bath layout with approximately 589 sq ft, plus an attached garage and dedicated laundry room. Both buildings feature tile flooring and tiled bathrooms throughout. Major system upgrades provide long-term peace of mind, including new plumbing, new roof, updated electrical panels, separate electric meters for each apartment and the detached home, most wiring upgraded to 12-gauge cable, and many hurricane impact windows. The main structure is built with durable red steel construction, metal siding, Hardie board accents, industrial-size gutters, and French drains. Additional exterior features include two large carports, greenhouse, oversized concrete walkways, a large paved driveway, heavy-duty 14-foot metal gated entry with wireless Ghost Control gate opener, vinyl fencing, propane lines, oversized septic systems with extensive drain field, and beautifully maintained grounds with mature landscaping and St. Augustine grass. Situated in Flood Zone X on flat, usable land, this rare property offers outstanding flexibility for investors, multi-generational living, house hacking, or owner-occupants seeking strong income potential. Offered at $689,000 with excellent rental upside and long-term value.

Property Information

Property Details

Location

Address
865 COLE Road
County
Duval
City
Jacksonville
Zip Code
32218
Subdivision
Oceanway
MLS Area
092-Oceanway/Pecan Park

Interior Features

Beds and Baths

Bedrooms
10
Full Bathrooms
6

Building

Building Information

Square Feet
4,424
Year Built
1948

Property Taxes

Tax Annual Amount
$764
Tax Year
2025
COWFORD REALTY & DESIGN LLC, (904) 330-4733

Market Report for 32218

* The market data shown is based on available information from Multiple Listing Service (MLS) and/or public records. Data provided is for informational and educational purposes only and may not represent the full housing market. For more accurate information, consumers should consult a certified appraiser or licensed real estate agent.

*Average of $2,150 in rewards is calculated based on the purchase or sale of a home between $400,000 to $449,000. The median home price for all housing types is in the United States is $405,400 as of 2025 as reported by the National Association of Realtors® (NAR). The actual reward amount may vary depending on the purchase or sales price of the home. Please see the Lakeview Home Rewards program terms and conditions for more details. The National Association of Realtors® is a registered trademark of the National Association of Realtors®.

Source: Northeast FL Association of REALTORS®
Northeast FL Association of REALTORS® logo

The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange (IDX) program of the Northeast Florida Multiple Listing Service, Inc.. Real estate listings held by brokerage firms other than LKV Realty are marked with the listing broker's name and detailed information about such listings includes the name of the listing brokers. Data provided is deemed reliable but is not guaranteed. IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. © 2026 Northeast Florida Multiple Listing Service, Inc. All rights reserved.

For corrections to this data please contact Brytecore MLS Support.

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