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.
Active
$689,000
865 COLE Road, Jacksonville, FL 32218
10beds
4,424sqft
Est.:
Multi Family
Built in 1948
-- sqft lot
$-- Zestimate®
$156/sqft
$-- HOA
What's special
Insulated garageAttached garageIndustrial-size guttersMetal sidingFlat usable landHardie board accentsDurable red steel construction
- 1 day |
- 247 |
- 24 |
Zillow last checked:
Listing updated:
Listed by:
SYDNEY LAUREN PISANO 404-436-3829,
COWFORD REALTY & DESIGN LLC 904-330-4733
Source: realMLS,MLS#: 2141944
Tour with a local agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 10
- Bathrooms: 6
- Full bathrooms: 6
Heating
- Central
Cooling
- Central Air
Interior area
- Total interior livable area: 4,424 sqft
Property
Parking
- Total spaces: 8
- Parking features: Additional Parking, Attached, Carport, Detached, Garage, Off Street, RV Access/Parking
- Attached garage spaces: 2
- Carport spaces: 6
- Covered spaces: 8
Features
- Levels: One
Lot
- Size: 1.36 Acres
- Features: Cleared
Details
- Additional structures: Shed(s), Workshop
- Parcel number: 1068430280
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
- Attached to another structure: Yes
Condition
- New construction: No
- Year built: 1948
Utilities & green energy
- Sewer: Septic Tank
- Utilities for property: Electricity Connected, Separate Electric Meters, Water Connected, Propane
Community & HOA
Community
- Security: Carbon Monoxide Detector(s), Closed Circuit Camera(s), Security Fence, Security Gate, Smoke Detector(s)
- Subdivision: Oceanway
HOA
- Has HOA: No
Location
- Region: Jacksonville
Financial & listing details
- Price per square foot: $156/sqft
- Tax assessed value: $220,422
- Annual tax amount: $764
- Date on market: 4/25/2026
- Listing terms: Cash,Conventional
- Tenant pays: All Utilities
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 4/25/2026 | Listed for sale | $689,000+199.6%$156/sqft |
Source: | ||
| 9/7/2023 | Listing removed | -- |
Source: Zillow Rentals Report a problem | ||
| 8/4/2023 | Listed for rent | $1,375 |
Source: Zillow Rentals Report a problem | ||
| 4/8/2022 | Sold | $230,000-23.1%$52/sqft |
Source: | ||
| 2/19/2022 | Pending sale | $299,000$68/sqft |
Source: | ||
| 2/9/2022 | Contingent | $299,000$68/sqft |
Source: | ||
| 2/1/2022 | Listed for sale | $299,000$68/sqft |
Source: | ||
| 1/25/2022 | Listing removed | -- |
Source: | ||
| 1/21/2022 | Listed for sale | $299,000$68/sqft |
Source: | ||
| 1/3/2022 | Listing removed | -- |
Source: | ||
| 11/13/2021 | Price change | $299,000-5.1%$68/sqft |
Source: | ||
| 8/4/2021 | Listed for sale | $315,000+425%$71/sqft |
Source: | ||
| 9/9/2011 | Sold | $60,000-60%$14/sqft |
Source: Public Record Report a problem | ||
| 12/29/2006 | Sold | $150,000$34/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $420 | $220,422 -3.5% |
| 2023 | $420 -90.6% | $228,527 -4.2% |
| 2022 | $4,481 -8.6% | $238,456 -6.2% |
| 2021 | $4,904 +9.2% | $254,085 +10% |
| 2020 | $4,492 -1.5% | $230,987 +0.6% |
| 2019 | $4,562 +8.2% | $229,600 +10% |
| 2018 | $4,216 | $208,728 +1.6% |
| 2017 | $4,216 +0.4% | $205,513 +5.3% |
| 2016 | $4,200 +3.1% | $195,091 +7.7% |
| 2015 | $4,075 +5.2% | $181,075 +5.9% |
| 2014 | $3,875 | $170,953 +2.1% |
| 2013 | -- | $167,404 -0.3% |
| 2012 | -- | $167,987 +0.9% |
| 2011 | -- | $166,449 -8.6% |
| 2010 | -- | $182,191 +40.7% |
| 2009 | -- | $129,532 +212.9% |
| 2006 | -- | $41,400 +3% |
| 2005 | $282 | $40,194 +3% |
| 2004 | -- | $39,023 +1.9% |
| 2003 | $258 | $38,295 +2.4% |
| 2002 | -- | $37,397 -2.3% |
| 2001 | -- | $38,278 +3% |
| 2000 | -- | $37,163 +2.7% |
| 1999 | -- | $36,186 |
Find assessor info on the county website
Monthly payment
Est. payment
$4,335/mo
Principal & interest
$3307
Property taxes
$1028
More affordability tools
Climate risks
Neighborhood: Jacksonville North Estate
Nearby schools
GreatSchools rating
- 8/10Oceanway Elementary SchoolGrades: PK-5Distance: 1.1 mi
- 4/10Oceanway SchoolGrades: 6-8Distance: 0.6 mi
- 2/10First Coast High SchoolGrades: 9-12Distance: 2.2 mi
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A local lender can help you make sure your offer is ready when you are.




