1564 W 34th St, Jacksonville, FL 32209

Unbeatable Value in Jacksonville – Investor or First-Time Buyer Alert!

Discover this highly affordable single-family home at 1564 W 34th St, Jacksonville, FL 32209. Built in 1957, this compact residence offers 2 bedrooms, 1 bathroom, and 780 sqft of living space on a 5,000 sqft lot.

Priced at an astonishing $76,990, with an estimated refinance payment of just $360/month, this property represents an unparalleled opportunity in the Jacksonville market. The 32209 zip code is currently a Buyer’s Housing Market, indicating lower prices and longer market times. Crucially, the median sold price for 2-bedroom homes in 32209 was $68,800 in April 2025, which is a 5% decrease year-over-year. This means the listed price of $76,990 is very competitive, slightly above the median, but still an excellent value for a property of this size.

This home features forced air heating, wall/window unit cooling, and carpet/linoleum flooring. Its last recorded sale was not available, but previous tax assessments show consistent increases, with the 2024 assessment at $18,946. Its Zestimate is $63,000, and Realtor.com estimates its value at $80,700.

Located in Jacksonville’s Moncrief Park neighborhood, this area offers convenient access to local amenities. Assigned schools include Northwestern Legends Elementary (1/10), Matthew W. Gilbert Middle School (2/10), and William M. Raines High School (5/10).

Important Note on Location: While this property offers exceptional affordability, it’s located in the 32209 zip code, which has historically been noted for higher crime rates in certain areas. Recent reports indicate a significant drop in homicides in the 32209 zip code in 2024, with a 65% decrease from the previous year. Potential buyers should research the specific neighborhood and individual circumstances to determine if it meets their safety preferences.

This property is a prime candidate for investors seeking high rental yield (estimated at $864/month by Zillow) or a savvy first-time homebuyer looking for an extremely affordable entry into the housing market. Act quickly – opportunities at this price point are rare!