You could leverage the value of the entire four plex to put towards a larger asset or try to 1031 exchange it. again, i am no expert but I would consider myself a fairly savvy investor.

I would reinvest in a another property and use a 1031 exchange to detour taxes.   

.* Learning the ins and outs of structuring win-win deals.I’m open to partnering, collaborating, or just grabbing coffee to exchange ideas.

Lots of options as far as raising nightly rates as other STRs shut down, converting to MTR or LTR or doing an exchange to another state.

If you have never completed a regular 1031 exchange I can not recommend a reverse 1031 exchange.

Long term play would be to either use it as a short term rental or 1031 exchange it after 2+ years.

The last few years we've just been nickel and dime-ing it--  picking up small value add add-ons near existing properties and recently did a "trade-up" 1031 exchange sale/purchase for a newer/better neighborhood property with one less but larger higher rent units.

So yes you can exchange it to save capital gains taxes on $266k plus 19 years of depreciation recapture.

I am a Jacksonville broker with experience with 1031 exchanges, but these properties are in 3 separate markets.

I'd say everything else is the consequence of the 2 points above - the weather and the state of economic affairs influences everything else, including safety, infrastructure, the condition of housing stock, etc.