Browse All Putnam FL Multi-Family Properties for Sale

8 Beds ⋅ 5 Baths ⋅ 2169470 MLS ⋅ 32177 Zip Code

Truly magnificent multi dwelling property located in Palatka ''Raven'sRetreat'' is nestled next to the St. John's River at Brown's Landing for quick access to boating & water-sports and on a dead-end street with minimum traffic. A beautiful split rail custom built white wood fence was installed across the front of the property with 2 decorative gates featuring the tree of life are operated by remote electric Ghost openers. There is also white privacy fencing from the front to the back of the house as well as around the pool area. This truly 1-of-a kind estate consists of 4 separate dwellings, screened lanais, paver brick sidewalks, palm tree lined driveway, heated salt swimming pool with spa & luminars built by the reputable Batts Pool Company of Jacksonville. The property features 2 artesian wells w/ water treatment, including water softeners. Tankless gas water heaters, 3 engineered septic systems, 3 Generac 250-amp generators, 3 buried 250-gallon propane tanks. See Supplement!

122 Macon Road, Palatka

$1,450,000

2166569 MLS ⋅ 32131 Zip Code

Turnkey Investment Portfolio with Exceptional Expansion Potential High-Yield Income + Unlocked Growth near the St. Johns River An incredible opportunity for institutional investors, syndicates, or seasoned portfolio buyers. This highly versatile, cash-flowing real estate portfolio offers immediate, diversified income streams alongside substantial future development potential in a strategic Florida commuting corridor. Situated just steps from the St. Johns River and minutes from SR-207, this portfolio offers seamless access to both Palatka and St. Augustine. Portfolio Highlights: 13 Residential Units: Fully established, income-producing residential inventory delivering reliable, immediate cash flow. 6 Rented Lot Leases: Active land leases currently generating passive income with tenant-owned homes in place—offering low-maintenance return on investment. 5 Pad-Ready Lots: Pad-ready residential lots prepared for immediate home placement to quickly boost gross revenue. 11.9+ Acres of Additional Land: Prime contiguous acreage offering massive upside for future expansion, community development, storage facilities, or high-density residential build-out. Key Infrastructure & Location Advantages: Municipal Utilities: Essential infrastructure is already in place with reliable county water and sewer service across the property, significantly reducing future development costs. Commuter-Friendly Location: Direct, convenient access to SR-207 makes for an easy commute to St. Augustine, Palatka, and surrounding employment hubs. Lifestyle Appeal: Located just steps from the scenic St. Johns River, offering exceptional tenant retention driven by proximity to boating, fishing, and outdoor recreation. Whether you choose to hold and collect stable passive cash flow, develop the pad-ready lots, or execute a master plan for the 11.9 additional acres, this portfolio presents a rare combination of immediate yield and massive equity upside.

106 E Warren Avenue, East Palatka

$380,000

15 Beds ⋅ 13 Baths ⋅ 2133623 MLS ⋅ 32181 Zip Code

LOOKING FOR A GREAT INVESTMENT INCOME NOT A MOBILE HOME PARK. ZONED RESIDENTIAL Look no farther. 4.81 acres in quiet country side with 6 mobiles homes that are all currently rented. The 7th home is occupied by the owner at this time so you could use it as your own residence or rent it out also. Not far from Lake Crescent and the St. Johns River and centrally located to larger cities and Florida's great attractions. Located about an hour from the beaches. There is also a large RV carport and commercial garage that convey with the sale. All the homes have been well maintained. Beautiful trees surround the area and each home sits on approximately 1/2 acre so plenty of room for privacy.

131 Pomona Landing Road, Pomona Park

$130,000

2 Beds ⋅ 2114501 MLS ⋅ 32177 Zip Code

Cute Cute Cute Bungalow style Duplex with a lot of charm and has been taking well care of. Each Side has one Bedroom and one bath. The Duplex next door is for sale also and owner would give a price break to the buyer that buys both.

3215 Kennedy Street Unit 1, Palatka

$130,000

2 Beds ⋅ 2114463 MLS ⋅ 32177 Zip Code

3211 Kennedy Street Unit 1, Palatka

$1,280,000

16 Beds ⋅ 2101465 MLS ⋅ 32177 Zip Code

* COMP PURPOSES ONLY* Quadraplex located on 102 Husson Ave. All 4 units are tenant occupied. 2 Bedrooms/2 Bathrooms each. All units are located on one parcel, 1.06 acre. Triplex located on 1001, 1003, 1005 S 10th St, All 3 units are tenant occupied. All units are located on 1 parcel, .35 acre 3 Duplex are located on 410, 412, & 414 Mission Rd. All 6 units are tenant occupied. Located on 3 .90 acre lots

13 Unit Portfolio Next Door Re, Palatka

119 Round Lake Road Unit 1 AND 2, Palatka

$725,000

12 Beds ⋅ 12 Baths ⋅ 2079238 MLS ⋅ 32177 Zip Code

3 Duplexes located at the corner of Round Lake Rd and Kelly Smith School Rd. All 6 units are tenant occupied. 2 Bedrooms and 2 baths. City water with septic tanks. All units are located on one parcel, 1.22 acre. ***Listing entered for Comp Purposes Only***

119 Round Lake Road Unit 1 AND 2, Palatka

$270,000

7 Beds ⋅ 2030292 MLS ⋅ 32177 Zip Code

Amazing opportunity to own 5.7 acres of high and dry land with 3 income producing properties. Rents = $2820. The 3 bedroom unit is vacant if someone wants to live on the property and collect rent from other 2 tenants. 2 of the trailers have been totally remodeled. The vacant 2bd/3bedroom has brand new kitchen with granite tops, new flooring some new windows, all new lights and blinds. The outer beltway is coming that way and the land is only going to go up in value. Especially if you convert it to commercial land. Washer & dryer hook ups too.

1126 Hwy 17, Palatka

$165,000

7 Beds ⋅ 2018722 MLS ⋅ 32177 Zip Code

This is a fantastic opportunity to update and a charm in the rough. This has two Mobile Homes and one Home that was built in 1935. A lot of land for the price.

113 Rebecca Abc Lane Unit 1, Palatka

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Browse All Putnam FL Multi-Family Properties for Sale

Putnam Multi-Family Real Estate

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