This home is in Jacksonville.
$530,284Sold4 bd · 4 ba · 2,828 sq ft
Sold·Closed Oct 13, 2026·32 days on market·Recent sales in Jacksonville
2892 College Street
Jacksonville, FL 32205
About this home
Jacksonville
The Rubel & College Portfolio is a 20-unit, two-property portfolio in Jacksonville's coveted Riverside Historic District. Two masonry multifamily properties at Rubel & College Streets offer a mix of sixteen studios and four one-bedroom units. Ownership invested over $400,000 in interior and systems upgrades, delivering turn-key cash flow with room to grow rents to market. Every unit features quartz counters, shaker cabinetry, tile finishes, in-unit washer/dryer, and separately metered utilities paid directly by tenants. Most windows have been replaced. Roofs replaced 2017 and 2020. Located approximately one mile from Ascension St. Vincent's Riverside and minutes from Five Points, Brooklyn, and Downtown, the asset sits amid more than $5 billion in announced urban-core development. Total current monthly revenue totals approximately $21,000 at full occupancy. See current RR. PRICING ON THIS LISTING IS FOR ONE PROPERTY, HOWEVER BOTH 2892 COLLEGE & 931 RUBEL MUST BE PURCHASED TOGETHER.
Next steps in Jacksonville
Cost to own
True monthly cost
What this home actually costs per month at the asking price — not just the mortgage.
- • Homeowners insurance is on top — in Florida it varies widely with roof age and wind/flood zone (see the Reality Check below). Budget it before you offer.
- • In CDD communities (Nocatee, eTown, Seven Pines…), bond assessments are collected on the property-tax bill, and the amount varies home to home — a prior owner may have prepaid the bond — so we confirm this home’s exact line rather than trust a community average.
- • Taxes are estimated at YOUR purchase price — Florida assessments reset on sale, so the seller’s current bill is usually lower than yours will be (that applies to the reference bill above too).
Storms & insurance
Florida Reality Check
The storm-and-insurance facts every Florida buyer should know up front.
Zone X — minimal flood hazard
Flood insurance is typically not required by lenders (always optional).
Flood damage is not covered by standard homeowners insurance — it’s always a separate policy.
Outside all hurricane evacuation zones
This location is not in a designated storm-surge evacuation zone.
Roof: material not specified — year not disclosed (home built 1927)
Roof age drives Florida insurance pricing more than anything else — worth confirming before you offer.
Sewer & public water · JEA
County records show this parcel on central sewer served by JEA — no septic system to inspect or maintain.
Source: Florida DOH Water Management Inventory (public record).
Solar potential: ~1,585 usable sun-hours per year
A strong solar roof by Florida standards — worth pricing panels if energy bills matter to you.
Krista can connect you with local insurance quotes before you make an offer.
Ask about this homeAs of July 2026, this Reality Check is informational only — it draws on FEMA/FDEM hazard layers, Florida DOH water records, and the listing’s own fields, read at the listing’s map pin or, on lots of an acre or more, across the county parcel (state cadastral). A zone shown for part of a lot may not be where the home stands. None of it is a determination, survey, or inspection, and public records can lag or conflict with on-site conditions. Independently verify anything you’ll rely on: the flood zone at msc.fema.gov and floridadisaster.org/knowyourzone (and confirm flood-insurance cost with your lender and a licensed insurance agent), and the sewer/septic, roof, and utilities with a professional inspection.
Around this address
Nearby, from public data
The closest public beach, park, water access, league fields and grocery store from this home's location.
Closest beach parking
Atlantic Beach 18th Street lotabout 18 mi · 40 parking spaces
Closest park or preserve
Jacksonville-Baldwin Rail Trailabout 5 mi · 21.7 mi of trails
Closest public boat ramp
Curtis Lee Johnson Marina Park Public Boat Ramp (aka. Lighthouse Marina)about 3 mi · Cedar River
Closest kayak & paddleboard launch
North Bank River Walk – Gefen Park Paddlecraft Accessabout 2 mi · Saint Johns River
Closest youth league fields
Boone Parkabout 1 mi · Pickleball, Tennis
Closest grocery store
Publixabout 1 mi · 2033 Riverside Ave, Jacksonville
Not from the MLS. Places from FWC, FDEP, the water districts, the counties and the cities; stores from state food permits and each chain’s store list. Distances are straight-line from this home unless a drive time is shown. Fees, hours and access change, so check the agency’s page before you go.
Cost to own
Taxes & assessment
Last sold: $2,350,000 in January 2022(county public record, not MLS data)
| Year | Market value | Taxable value | Change |
|---|---|---|---|
| 2025 | $547,925 | $547,925 | ▼ $21,917 |
| 2024 | $569,842 | $569,842 | — |
| 2023 | $569,842 | $569,842 | — |
| 2022 | $400,869 | $251,586 | — |
| 2021 | $371,175 | $228,715 | ▲ $89,082 |
| 2020 | $282,093 | $207,923 | — |
2025 property taxes (current owner): $11,134/yr
Estimated taxes if purchased at asking price: ~$10,400/yr
Florida’s Save Our Homes cap limits how fast the current owner’s assessment can rise — and it resets when a home sells, so a buyer’s tax bill is typically based on the purchase price, not the seller’s bill above. Estimate uses the median effective rate across 3,305 current Duval listings and includes typical non-ad-valorem assessments; actual taxes depend on exemptions and taxing district. Sources: Florida DOR certified tax roll (2025), NEFMLS.
History
Price & status history
- Oct 15, 2026Closed$600,000
- Jul 23, 2026Active Under Contract$600,000
- Jun 21, 2026Listed$600,000
History tracked by kristafracke.com from the live MLS feed. Earlier changes may predate tracking.
Closed sales
What sold nearby
Closed sales within about two miles in the last 18 months, same property type, similar size. Closed prices from the MLS, not estimates. Their median is $205/sq ft; this home is listed at $188/sq ft.
| Address | Closed | Price | $/sq ft | Bd/Ba | Sq ft | DOM | Miles |
|---|---|---|---|---|---|---|---|
| 2856 College Street, Jacksonville, FL 32205Listed by MOMENTUM REALTY | Jul 2026 | $475,000 | $238 | 4/2 | 2,000 | 27 | 0.1 |
| 2716 Green Street, Jacksonville, FL 32204Listed by MCADOO MULTIFAMILY ADVISORS LLC | Dec 2025 | $568,000 | $198 | 5/3 | 2,872 | 85 | 0.3 |
| 2740 Forbes Street, Jacksonville, FL 32205Listed by MCADOO MULTIFAMILY ADVISORS LLC | Dec 2025 | $600,000 | $212 | 8/4 | 2,824 | 33 | 0.3 |
| 1402 James Street, Jacksonville, FL 32205Listed by KELLER WILLIAMS REALTY ATLANTIC PARTNERS SOUTHSIDE | Jun 2026 | $550,000 | $172 | 4/4 | 3,200 | 134 | 0.4 |
| 2667 Forbes Street, Jacksonville, FL 32204Listed by MCADOO MULTIFAMILY ADVISORS LLC | Dec 2025 | $550,000 | $186 | 4/4 | 2,952 | 75 | 0.4 |
| 2659 College Street, Jacksonville, FL 32204Listed by NORVILLE REALTY INC | Dec 2025 | $525,000 | $205 | 4/4 | 2,556 | 83 | 0.4 |
Sold data from the realMLS IDX feed. A closed price is what a buyer paid, not what this home is worth; Krista runs the adjustments per home.
Features
School Information
Community Information
Amenities
Interior
Exterior
Additional Information
Listing Courtesy of: MCADOO MULTIFAMILY ADVISORS LLC
Sold by: COMPASS FLORIDA LLC (buyer's brokerage)
Information deemed reliable but not guaranteed. Data provided through the IDX program of realMLS (Northeast Florida Multiple Listing Service). © 2026 Northeast Florida Multiple Listing Service, Inc. All rights reserved.
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Krista Fracke
Broker Associate
This home sold on Oct 13, 2026. If you own nearby and want to know what this sale means for your value, or you're shopping this street, I can walk you through it.
Text Krista about this saleHomes for sale nearby →20+ years · 500+ closings · NE Florida
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