Sarasota's Premier Homes

2321 SW 31ST PLACE

GAINESVILLE, FL 32608

MLS#: GC540860

$469,900

Status: Active
Listing number: GC540860
Listing provided by: FIRST CHOICE REALTY OF NORTH FLORIDA LLC
Listing agent phone: None
Last update: 3 hours ago
New on site 1 day ago
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PHOENIX SUB PH II NAPIER GRT - Residential Income

Property

Beds

8

Full Baths

None

1/2 Baths

None

Year Built

1983

Sq.Footage

3,360

Excellent investment opportunity with this well-maintained quadplex in a convenient Gainesville location. The property consists of four 2-bedroom, 1-bath units, each offering approximately 840 square feet of living space. The units feature functional floor plans with spacious living areas, abundant natural light, tile flooring throughout, and kitchens with ample cabinet storage. All four units are currently leased, providing immediate and stable rental income. The property generates $4,400 per month in gross rental income ($52,800 annually). A metal roof was installed in 2022, offering added durability and reduced maintenance. Conveniently located near shopping, dining, public transportation, parks, major roadways, and a variety of local amenities. Nearby destinations include the University of Florida, UF Health Shands Hospital, the Malcolm Randall VA Medical Center, the UF College of Veterinary Medicine, Butler Plaza, Celebration Pointe, and Newnans Lake. This income-producing property presents an opportunity for investors seeking a fully leased multifamily asset in Gainesville. Contact us today for additional information, financial details, or to schedule a showing.

Features & Amenities

Interior

  • Other Interior Features

    Open Floorplan

  • Total Bedrooms

    8

  • Bathrooms

    N/A

  • Cooling YN

    YES

  • Cooling

    Central Air

  • Fireplace YN

    YES

  • Heating YN

    YES

  • Heating

    Central, Electric

  • Pet friendly

    Cats OK, Dogs OK, Yes

Exterior

  • Garage

    No

  • Construction Materials

    Block, Frame

  • Other Exterior Features

    None

  • Parking

    Open

  • Patio and Porch Features

    None

  • Pool

    No

  • Waterfront YN

    NO

Area & Lot

  • Lot Features

    Corner Lot, Level, Near Public Transit, Paved

  • Lot Size(acres)

    0.21

  • Lot Size(square feet)

    9148.0

  • Property Type

    Residential Income

  • Property Sub Type

    Quadruplex

Price

  • Sales Price

    $469,900

  • Tax Amount

    $8,269.67

  • Sq. Footage

    3, 360

  • Price/SqFt

    $139

HOA

  • Association

    Yes

  • Association Fee

    $500

  • Association Fee Frequency

    Semi-Annually

  • Association Fee Includes

    N/A

  • Total Monthly Fees

    $83.33

School District

  • Elementary School

    Idylwild Elementary School-AL

  • Middle School

    Kanapaha Middle School-AL

  • High School

    Eastside High School-AL

Property Features

  • New Construction

    NO

  • Foundation Details

    Slab

  • Ownership

    Fee Simple

  • Senior Community YN

    NO

  • Sewer

    Public Sewer

  • Tax Lot

    1

  • Water Source

    Public

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Location

County

Alachua

Elementary School

Idylwild Elementary School-AL

Middle School

Kanapaha Middle School-AL

High School

Eastside High School-AL

Listing Courtesy of Dawn Johnson , FIRST CHOICE REALTY OF NORTH FLORIDA LLC

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Excellent investment opportunity with this well-maintained quadplex in a convenient Gainesville location. The property consists of four 2-bedroom, 1-bath units, each offering approximately 840 square feet of living space. The units feature functional floor plans with spacious living areas, abundant natural light, tile flooring throughout, and kitchens with ample cabinet storage. All four units are currently leased, providing immediate and stable rental income. The property generates $4,400 per month in gross rental income ($52,800 annually). A metal roof was installed in 2022, offering added durability and reduced maintenance. Conveniently located near shopping, dining, public transportation, parks, major roadways, and a variety of local amenities. Nearby destinations include the University of Florida, UF Health Shands Hospital, the Malcolm Randall VA Medical Center, the UF College of Veterinary Medicine, Butler Plaza, Celebration Pointe, and Newnans Lake. This income-producing property presents an opportunity for investors seeking a fully leased multifamily asset in Gainesville. Contact us today for additional information, financial details, or to schedule a showing.

2321 SW 31ST PLACE

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