4862 Catherine Ter, Jacksonville, FL 32205

Amazing Value in Jacksonville! Cozy Home with Great Potential!

Discover an unbeatable opportunity at 4862 Catherine Ter, Jacksonville, FL 32205!

This charming single-family residence, built in 1958, offers a fantastic blend of comfortable living and incredible affordability in a dynamic Jacksonville community. Boasting 2 comfortable bedrooms and 1 bathroom across a functional 728 sqft, this property is ideal for first-time homebuyers, downsizers, or savvy investors seeking a prime location with significant upside.

An extraordinary deal in a thriving market! With an estimated refinance payment of $926/month, and an unbelievable price of $93,000, this property stands out as an exceptional value. Consider this against the median sold price for 2-bedroom homes in Jacksonville (32205 ZIP code) which was $260,000 in May 2025. This stark price difference strongly suggests this is a foreclosure or Real Estate Owned (REO) property, offering a massive equity-building opportunity for those who act quickly and perform due diligence.

The home features a relaxing front porch, a large backyard, and hardwood floors. The kitchen is equipped with white shaker cabinetry and a double sink, and there’s a dedicated laundry room with hook-ups. The property also includes ceiling fans throughout and blinds installed on all windows. It’s pet-friendly, with breed restrictions that may apply. Please note there are no HOA fees associated with this property.

Located in the “Murray Terrace” subdivision, often associated with the desirable Hillcrest/Murray Hill neighborhoods, you’ll benefit from a community known for its eclectic mix of older homes, green spaces, and casual eateries. Murray Hill is rapidly becoming one of Jacksonville’s “hippest neighborhoods,” attracting residents with its relaxed, youthful vibe and diverse culinary scene.

The Jacksonville real estate market is currently a Buyer’s Market, especially in the 32205 ZIP code, where homes sold for an average of 65.9% below asking price in May 2025. This indicates a favorable environment for buyers to secure a great deal.

Enjoy the vibrant Jacksonville lifestyle! This location offers convenient access to a wide array of amenities:

• Shopping: Just a short walk to Shops on Cassat, and a quick drive to Normandy Village and Shoppes at Normandy Mall.
• Parks & Recreation: Close to Murray Hill Four Corners Park, Murray Hill Playground (with sports fields and a splash pad), The Cummer Museum of Art and Gardens, and MOSH – Museum of Science & History.
• Education: Zoned for Ruth N. Upson Elementary (highly rated), Lake Shore Middle, and Robert E. Lee High School. Also convenient to Florida State College Jacksonville, Jacksonville University, and Florida Coastal School of Law.
• Healthcare: Near Ascension St. Vincent’s Riverside and Baptist Health Medical Center – Jacksonville.
• Transportation: Easy access to major roads and Jacksonville International Airport (approx. 29 minutes).

Jacksonville boasts a cost of living that is 7.1% lower than the national average, with housing being particularly affordable (12.9% less expensive than the national average). The average rent for a 2-bedroom in Jacksonville is around $1,309, making this property an even more attractive homeownership alternative.

Please note: This property is currently off-market and the exceptionally low price indicates it is likely a distressed sale. Prospective buyers should conduct thorough due diligence, including verifying property condition and any potential outstanding liens or issues.

Don’t miss this incredible chance to own a piece of charming Jacksonville at an exceptional price! This home offers a perfect blend of affordability and access to the best of what the Jacksonville area has to offer.

Explore your refinancing options today and envision the comfortable life you’ll build in this fantastic Jacksonville home!