$200,000
Jacksonville, FL 32208
MLS# 2144450
3 beds | 2 baths | 1319 sqft
1 / 30
Property Description
Qualified buyers can receive up to $7,500 toward closing costs or rate buy-down with our preferred lender! Stunningly renovated and income-producing, 1725 Prospect Lane offers exceptional value just steps from the river and minutes from downtown Jacksonville. Set on a generous 10,000 SF lot in a quiet, high-demand neighborhood, this versatile property features a 2BR/1BA main home--previously rented for $1,550/month and now vacant for easy showings--plus a non-conforming 1BR/1BA attached ADU leased to a long-term tenant at $975/month. With previous gross rental income of $30,300/year and a 9.9% takeover cap rate, it's an ideal opportunity for house hackers, investors, or multigenerational buyers. Recent upgrades include a new roof, well pump, water softener, AC units in both residences, a full boundary fence, and fresh interior and exterior paint--all completed within the last two years, delivering peace of mind and strong cash flow from day one.
Details
Maps
Contract Information
Current Price: $200,000
Property Sub Type: Single Family Residence
Property Attached YN: No
Status: Active
List Price: $200,000
Listing Contract Date: 2026-05-09
Location Tax and Legal
Street Number: 1725
Street Name: PROSPECT
Street Suffix: Street
County: Duval
State: FL
Postal Code: 32208
MLS Area Major: 075-Trout River/College Park/Ribault Manor
Subdivision Name: Trout River
General Property Information
Bedrooms Total: 3
Bathrooms Full: 2
Bathrooms Total: 2
Living Area: 1284
Living Area Source: Measured
Building Area Total: 1319
Year Built: 1949
Accessory Dwelling Unit Y/N: Yes
Homestead YN: No
Lot Size Acres: 0.23
Association YN: No
CDD Fee YN: No
Accessibility Features YN: No
New Construction YN: No
Garage YN: No
Carport YN: No
Pool Private YN: No
Water Body Access YN: No
Waterfront YN: No
Furnished: Unfurnished
Stories: 1
Senior Community YN: No
Directions: From Lem Turner Road (FL-115 N) and continue for about 2 miles. Turn right onto Prospect Street (just past the Trout River). Continue onto Prospect Lane--the home will be on your right at 1725 Prospect Lane.
Public Remarks: Qualified buyers can receive up to $7,500 toward closing costs or rate buy-down with our preferred lender!
Stunningly renovated and income-producing, 1725 Prospect Lane offers exceptional value just steps from the river and minutes from downtown Jacksonville. Set on a generous 10,000 SF lot in a quiet, high-demand neighborhood, this versatile property features a 2BR/1BA main home--previously rented for $1,550/month and now vacant for easy showings--plus a non-conforming 1BR/1BA attached ADU leased to a long-term tenant at $975/month. With previous gross rental income of $30,300/year and a 9.9% takeover cap rate, it's an ideal opportunity for house hackers, investors, or multigenerational buyers. Recent upgrades include a new roof, well pump, water softener, AC units in both residences, a full boundary fence, and fresh interior and exterior paint--all completed within the last two years, delivering peace of mind and strong cash flow from day one.
List Price/SqFt: 155.76
Status Change Information
Major Change Timestamp: 2026-05-09T17:14:37Z
Major Change Type: New Listing
Accessory Dwelling Information
Dwelling Type: Garage
ADU Attached Y/N: Yes
Bathrooms: 1
Bedrooms: 1
Square Footage: 204
Fireplace Features
Fireplaces Total: 1
DPR Eligible
DPR Eligible: Yes
Property Features
Levels: One
Property Condition: Updated/Remodeled
Rental Restrictions: No Minimum
Appliances: Dishwasher; Disposal; Dryer; Electric Cooktop; Electric Oven; Electric Range; Electric Water Heater; Freezer; Ice Maker; Microwave; Refrigerator; Washer
Fireplace Features: Wood Burning
Interior Features: Ceiling Fan(s); Primary Bathroom - Shower No Tub
Flooring: Vinyl
Utilities: Cable Connected; Electricity Connected; Sewer Connected; Water Connected
Cooling: Central Air
Heating: Central; Electric
Electric: 150 Amp Service
Water Source: Private; Well
Sewer: Private Sewer; Septic Tank
Construction Materials: Block
Roof: Shingle
Parking Features: Off Street
Fencing: Fenced
Current Use: Investment; Residential; Single Family
Road Frontage Type: City Street
Possession: Close Of Escrow
Listing Terms: Cash; Conventional; FHA; VA Loan
Listing Office: COLDWELL BANKER ANABASIS REALTY
Last Updated: May - 09 - 2026
Information deemed reliable but not guaranteed.