1758 W 19th St, Jacksonville, FL 32209

Investment Opportunity in Jacksonville: A Starter Home with Significant Potential!

Asking Price: $59,000

Here’s an intriguing opportunity for investors or handy homeowners: a 2-bedroom, 1-bathroom single-family home at 1758 W 19th St, Jacksonville, FL 32209. Built in 1945, this 1,027 sqft residence comes with an estimated refinance payment of just $392/mo, reflecting its exceptionally low asking price. Situated on a 4,796 sqft (0.11-acre) lot, this property presents a compelling value proposition in Jacksonville’s evolving real estate market.

Key Features & Property Details:

• Extremely Low Price: At $59,000, this property is significantly below the median home prices in the 32209 zip code, indicating a high potential for value addition through renovation. It was listed for $15,000 in January 2024 and then removed in March 2024, suggesting a potentially complex recent history or a mislisting. Recent sales of similar homes in the area range, with some selling for $50k-$150k.
• Built in 1945: This older home likely requires significant updates to meet modern standards, but offers the charm and solid construction typical of its era.
• One Full Bathroom: A common feature for homes of this age and size.
• No HOA Fees: This property is not part of an HOA, which means no recurring monthly or annual HOA fees, contributing to very low ongoing ownership costs.
• Property Tax Information: Property taxes for this address were $919 in 2024, an increase from $889 in 2023 and $756 in 2022. The 2024 assessed value was $38,568. Given the current asking price, future property taxes will likely increase upon sale and reassessment to reflect the new market value, though still remaining relatively low.
• Rental Potential: With a Zillow Rent Zestimate of $1,092/month, this property shows potential for a good rental yield once renovated, especially given the low purchase price.

Jacksonville (32209) Market Dynamics:

• Buyer’s Housing Market: The 32209 zip code is currently a Buyer’s Housing Market. This indicates that prices tend to be lower, and homes stay on the market longer due to a higher supply of homes relative to demand. This provides buyers with increased negotiation power.
  • The median home sold price in 32209 was $142,333 in April 2025, up 14% from last year, and $145,000 in May 2025, up 11.3% year-over-year.
  • For 2-bedroom homes in 32209, the median sold price decreased by 5.0% year-over-year to $68,800 in April 2025. This property’s asking price of $59,000 is below this median, making it very competitive for its size.
  • 51.6% of homes in 32209 sold below asking price in April 2025, indicating strong negotiation opportunities for buyers.
  • Homes in 32209 had an average listing age of 61 days in April 2025 (up 15.7% from last year), providing buyers more time for due diligence.

Jacksonville Location & Lifestyle (32209):

• Urban Core Area: The 32209 zip code is located in Jacksonville’s urban core, primarily residential, offering proximity to downtown amenities.
• Access to Downtown & Major Roads: Convenient access to central Jacksonville, employment centers, and major roadways (I-95).
• Crime Rate (Higher than FL Average): Jacksonville’s overall crime rate is higher than the state and national averages. For 2018, the crime rate was 595.76 per 100,000 population. While the majority are property crimes, violent crime rates are also a consideration. Buyers should conduct their own research on specific neighborhood crime statistics and assess their comfort levels.
• Schools (Duval County Public Schools): The Duval County Public Schools district offers a range of options.
  • Assigned elementary schools typically include Smart Pope Livingston Elementary School (PreK-2).
  • Assigned middle schools often include Lake Shore Middle School.
  • Assigned high schools often include William M. Raines High School.
  • Jacksonville has several highly-rated magnet and specialty schools (e.g., Stanton College Preparatory School, Darnell-Cookman School of the Medical Arts, Douglas Anderson School of the Arts), but these are not typically assigned based on location and require an application process. Families should research the specific ratings and programs of the assigned schools to determine suitability.

Important Considerations:

• Condition of Property: Given the low asking price and age, the property is likely in need of significant renovation and repair. A comprehensive professional inspection is crucial to assess the condition of the roof, HVAC, plumbing, electrical, and foundation. This is likely an “as-is” sale.
• Flood Risk (Verify with FEMA): While no specific flood zone information was immediately available for this exact address, buyers must consult the official FEMA Flood Map Service Center (MSC) for 1758 W 19th St, Jacksonville, FL 32209, to determine the exact flood zone designation. This will clarify any mandatory flood insurance requirements and associated costs.
• Climate Risks (Extreme Heat & Wind, Overall Flood Vulnerability): Jacksonville faces significant climate risks:
  • “Extreme” Heat Factor: Historically, Jacksonville experiences many days above 96°F, projected to increase significantly by 2050.
  • “Extreme” Wind Factor: High risk of severe winds over the next 30 years due to hurricane activity.
  • Overall Flood Vulnerability: The city is vulnerable to sea-level rise, extreme rainfall, and storm surge. These can impact low-lying areas.
  • Buyers should factor in potential impacts on energy bills for cooling and ensure comprehensive homeowner’s insurance adequately covers wind and tropical storm damage.
• Neighborhood Specifics: While the overall 32209 zip code is a buyer’s market, specific blocks or sub-areas within this older urban zip code can vary significantly in terms of condition and perceived safety. Local on-the-ground research is highly recommended.

This home at 1758 W 19th St presents a unique opportunity for an investor or a buyer looking for a renovation project with strong potential for appreciation or rental income, especially given its remarkably low price in a buyer’s market. However, a thorough understanding of the property’s condition and the local area is paramount.

Priced at $59,000 – a blank canvas awaiting transformation in Jacksonville! Schedule your showing and bring your contractor.