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1102 NW 3RD AVENUE

Multi-family For Sale
$698,000

BTC: 8.03684514

ETH: 349.00000000

101 days
7 bds
2,826 sqft
Est. Estimated sales range: $0 - $0
$0

Overview

Midtown Investment Opportunity | 6/2 Duplex + 1/1 Studio – Fully Leased Through July 2026 Located in the heart of Gainesville’s Midtown district, just steps from UF and surrounded by high-demand student housing, this property offers immediate income and long-term upside. The 2,800 sq. ft. duplex features two spacious 3-bedroom/1-bath units, each with a full kitchen and in-unit washer/dryer. A detached 1-bedroom/1-bath studio (~500 sq. ft.) adds even more rental flexibility. Currently generating $4,800/month in gross rent and fully leased through July 2026, this property provides investors with stable cash flow today and strong potential for higher returns at lease renewal. With unbeatable walkability to campus, nightlife, and downtown, and consistent student demand year after year, this 3-unit property is a turnkey investment in one of Gainesville’s most sought-after rental markets.

Location

Florida • GAINESVILLE • 32601 • Multi-family • For Sale

Facts and features

Type:
Residential Income
Parking:
No Data
Year Built:
1958
Lot:
0.11 Acres
Heating:
Electric
Price/sqft:
$247
Cooling:
Mini-Split Unit(s)
HOA:
No Data
All facts and features

  • Heating

    • Electric

    Cooling

    • Mini-Split Unit(s)

    Other interior features

    • Solid Wood Cabinets

    Bedrooms and bathrooms

    • Bedrooms: 7

  • Property

    • Levels: Two

    • Exterior Features: Private Mailbox

    Lot

    • Lot: 0.11 Acres

    Other Property Information

    • Parcel Number: 13952000000

    • Zoning: RMF5

  • Type and style

    • Property Type: Residential Income

    • Property Sub Type: Duplex

  • Utility

    • Electricity Connected

    • Water Connected

  • Other financial information

    • Annual tax amount: $11,923

  • Source details

    • MLS ID: GC533911

    Other facts

    • Construction Materials: Wood Frame

    • Foundation Details: Crawlspace

    • Laundry Features: Laundry Closet / Laundry Room / Same Floor As Condo Unit

    • Living Area: 2826

    • Water Source: Public

    • Lot Size Dimensions: 50 x 95

    • Subdivision Name: BROWNS ADD -HICKSON REP

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The multiple listing information is provided by the Stellar MLS from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2025-present Stellar MLS. All Rights Reserved. The information provided is for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. Listing courtesy of: COLDWELL BANKER M.M. PARRISH REALTORS