Overview
- Quadruplex, Residential Income
- 8
- 4
- 3360 Sqft
Description
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.
Address
Open on Google Maps-
Address: 2321 SW 31ST PLACE
-
City: Gainesville
-
State/county: FL
-
Zip/Postal Code: 32608
-
Country: US
Details
Updated on June 12, 2026 at 5:24 pm-
Property ID HZGC540860
-
Price $469,900
-
Property Size 3360 Sqft
-
Land Area 0.21 Acres
-
Bedrooms 8
-
Bathrooms 4
-
Year Built 1983
-
Property Type Quadruplex, Residential Income
-
Property Status Active
Additional details
-
Listing Terms Cash, Conventional, FHA, VA Loan
-
Association Fee 500
-
Roof Metal
-
Utilities BB/HS Internet Available, Cable Available, Electricity Connected, Public, Sewer Connected, Underground Utilities, Water Connected
-
Sewer Public Sewer
-
Cooling Central Air
-
Heating Central, Electric
-
Flooring Ceramic Tile, Luxury Vinyl
-
County Alachua
-
Property Type Residential Income
-
Parking Open
-
Elementary School Idylwild Elementary School-AL
-
Middle School Kanapaha Middle School-AL
-
High School Eastside High School-AL
-
Community Features None, Street Lights
Mortgage Calculator
-
Down Payment
-
Loan Amount
-
Monthly Mortgage Payment
-
Property Tax
-
Home Insurance
-
PMI
-
Monthly HOA Fees