5143 Ricker Rd

Investment Overview

Turnkey multifamily investment opportunity in West Jacksonville, Florida! This fully occupied quadruplex features 3,704 heated square feet across four units, offering 8 bedrooms, 8 full bathrooms, interior fireplaces, and a washer and dryer in each unit. With active leases in place, this income-producing rental property is an excellent opportunity for buy-and-hold investors looking to expand their real estate portfolio. Conveniently located approximately 8-10 miles from the Cecil Commerce Center/AllianceFlorida logistics hub and major employment centers, the property offers established tenancy, ample resident parking, and long-term rental investment potential.

Area Overview

Jacksonville's RMD-D classification represents Residential Medium Density-D zoning, which allows a maximum density of 30 units per acre. This flexible zoning supports a wide range of development projects including multi-family apartments, townhomes, rowhouses, and single-family subdivisions. Single-family homes under this criteria require a minimum lot size of 4,000 square feet, while compact cottage lots go down to 1,500 square feet. For multi-family layouts, the classification requires 6,000 square feet for the first two units plus 1,340 square feet for each additional unit. It provides diverse housing utility by also permitting mobile homes and community residential homes under the standard city ordinance framework.