$81,990

About this home

EXCEPTIONAL INVESTMENT OPPORTUNITY – FIX & FLIP OR RENTAL IN JACKSONVILLE Savvy investors will appreciate this high-upside value-add opportunity in Jacksonville offering strong fundamentals, flexible renovation potential, and an attractive spread. Located at 5851 Dunmire Ave, Jacksonville, FL 32219, this frame/ stucco single-family home is well suited for a fix-and-flip project or long-term rental strategy in an active and growing market. The property offers approximately 1,564 square feet with three bedrooms and one bathroom, including a substantial addition that significantly enhances the home’s value-add potential. This additional space can easily be reconfigured into a true third bedroom, expanded living area, or optimized layout to increase resale value and rental demand. Built in 1940, the home features durable concrete construction, providing long-term stability and solid bones rarely found at this price point. Key infrastructure features include central air conditioning, carport parking, and a newer asphalt shingle roof, helping reduce exposure to major capital expenditures. The home sits on a generous 8,121 sq ft lot with no HOA, offering flexibility and freedom for investors and future occupants alike. With an asking price of $81,990, an estimated $55,000 renovation, and a projected after-repair value of $225,000, this opportunity presents compelling upside and multiple exit strategies for the right buyer. Whether repositioned for resale or stabilized as a rental, this property offers a clear path to equity creation through thoughtful renovation. Opportunities with this combination of price point, construction quality, and value-add potential are increasingly rare in today’s market. Schedule a showing and explore the potential of this Jacksonville investment.

Property details

MLS #

MFRA4681674

Property type

Single Family Residence

Subdivision

GLEN OAK

Status

Active

Days on market

167

On market date

February 10, 2026

Stories

N/A

Total bathrooms

1

Garage spaces

N/A

Parking spaces

N/A

Lot size

0.19 acres

Nearby schools

Within 10 miles. School directory data from the National Center for Education Statistics (NCES), accessed via the Urban Institute Education Data API. Local Score is calculated by INNOVATE Real Estate; where a state rating is shown, it comes from that state's own official school report card (e.g. NC Dept. of Public Instruction, SC Report Card).