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3823 NW 45TH STREET

Multi-family For Sale
$333,900

BTC: 4.08565310

ETH: 135.73170732

5 days
4 bds
1,700 sqft

Overview

OUTSTANDING DUPLEX INVESTMENT OPPORTUNITY! Tenants appreciate this highly desirable northwest Gainesville location where they can walk to Magnolia Park, Hunter’s Crossing, Timber Village and MetroCorp for shopping, dining, banking and medical offices. And, the bus stop is located right out front. This duplex has had the same owner and been professionally managed for the last 27 years! Currently Unit A is occupied by a long-time tenant paying a below-market rent of $800 per month with the lease running through June 30th, 2027. Unit B is paying $1,300 per month and leased through January 31st, 2027 and will likely renew. Market rent for this area is $1,300 - $1,400 per month so there’s plenty of upside potential in Unit A. This small neighborhood of duplexes has always had excellent tenant demand with no trouble maintaining 100 percent occupancy. Roof: 2024; Unit A HVAC interior unit replaced in 1999 and exterior unit replaced in 2009; Unit B HVAC: 2009; Water Heaters: Unit A: 2003; Unit B: 2007. Tenants pay electric, water and sewer. Owner is responsible for landscape maintenance. There is no HOA.

Location

Details

Type:
Residential Income
Parking:
Driveway
Year Built:
1967
Lot:
0.24 Acres
Heating:
Central / Electric
Price/sqft:
$196
Cooling:
Central Air
HOA:
No Data

Highlights

Annual tax
$5,661
2025
Pets
Allowed
All facts and features
  • Flooring

    • Carpet

    • Tile

    • Vinyl

    Heating

    • Central

    • Electric

    Cooling

    • Central Air

    Appliances

    • Dishwasher

    • Disposal

    • Range

    • Refrigerator

    Other interior features

    • Other

    Bedrooms and bathrooms

    • Bedrooms: 4

  • Parking

    • Driveway

    Property

    • Levels: One

    • Exterior Features: Fenced

    Lot

    • Lot: 0.24 Acres

    Other Property Information

    • Parcel Number: 06111004001

    • Zoning: R-2

  • Type and style

    • Property Type: Residential Income

    • Property Sub Type: Duplex

  • Utility

    • BB/HS Internet Available

    • Cable Available

    • Public

  • Other financial information

    • Annual tax amount: $5,661

  • Source details

    • MLS ID: GC543935

    Other facts

    • Construction Materials: Block

    • Foundation Details: Slab

    • Laundry Features: Laundry Room

    • Lot Features: Level

    • Patio And Porch Features: Patio

    • Other Structures: Shed(s)

    • Living Area: 1700

    • Water Source: Public

    • Subdivision Name: CHULA VISTA PARK

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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 ©2026-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: BHHS FLORIDA REALTY