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1718 SW 69 TERRACE

Multi-family For Sale
$595,000

BTC: 9.08396947

ETH: 330.55555556

37 days
8 bds
3,720 sqft

Overview

Turnkey Gainesville Fourplex — Stabilized Asset with Strong Cash Flow Potential Positioned in one of North Central Florida’s most reliable rental markets, this upgraded fourplex presents a compelling opportunity for investors seeking immediate income and long-term appreciation. The property consists of four spacious 2BR/1.5BA units with a proven, tenant-friendly layout that supports consistent occupancy and retention. Capital improvements completed in 2024—2025, including flooring, windows, plumbing, and full bathroom upgrades, significantly reduce deferred maintenance and future CapEx exposure. With strong rental demand driven by the University of Florida and surrounding employment hubs, this asset is well-positioned for stable cash flow and continued rent growth. Ideal for investors seeking a low-maintenance, income-producing property with upside potential through rental optimization.

Location

Florida • GAINESVILLE • 32607 • Multi-family • For Sale

Details

Type:
Residential Income
Parking:
Ground Level / On Street
Year Built:
1981
Lot:
0.25 Acres
Heating:
Central
Price/sqft:
$160
Cooling:
Central Air
HOA:
No Data

Valuation

Our model vs. what's actually selling nearby.
Estimate
$510,000
$427K – $561K
Confidence Low
List vs. estimate
$85K above estimate
List $595,000 · +16.7%
Our model says this listing is priced above recent comparable activity. Room to negotiate.
Price per sq ft
$159
-16.8% vs. city median $192
Based on
5 MLS comparables
Median of recent comparable listings. Sold comps use closing price, active listings use list price.

Highlights

Annual tax
$10,873
2025
All facts and features

  • Flooring

    • Carpet

    • Ceramic Tile

    • Laminate

    Heating

    • Central

    Cooling

    • Central Air

    Appliances

    • Cooktop

    • Dryer

    • Electric Water Heater

    • Exhaust Fan

    • Range

    • Refrigerator

    • Washer

    Other interior features

    • Ceiling Fan(s)

    • Central Vacuum

    • Living Room/Dining Room Combo

    • PrimaryBedroom Upstairs

    • Solid Surface Counters

    • Thermostat

    Bedrooms and bathrooms

    • Bedrooms: 8

  • Parking

    • Ground Level

    • On Street

    Property

    • Levels: Two

    • Exterior Features: Balcony / Courtyard / Lighting

    Lot

    • Lot: 0.25 Acres

    Other Property Information

    • Parcel Number: 06678100009

    • Zoning: PD

  • Type and style

    • Property Type: Residential Income

    • Property Sub Type: Quadruplex

  • Utility

    • Cable Available

    • Electricity Available

    • Electricity Connected

    • Public

    • Sewer Available

    • Sewer Connected

  • Other financial information

    • Annual tax amount: $10,873

  • Source details

    • MLS ID: GC539450

    Other facts

    • Construction Materials: Block / Concrete / HardiPlank Type

    • Foundation Details: Block

    • Laundry Features: Inside / Upper Level

    • Lot Features: Cul-De-Sac

    • Patio And Porch Features: Covered

    • Other Structures: Storage

    • Living Area: 3720

    • Water Source: Public

    • Subdivision Name: TOWER OAKS

Private inquiry
Talk to the advisor on this listing.
Floor plans, HOA docs, off-market comparables, scheduling a private showing — one message, direct to the local specialist.

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Market around this address

Live counts in the same area.
View all
This zip
32607
141
median $254K
Active
Same city
GAINESVILLE
1,069
median $275K
Active
Same type
Multi-family
12
median $469K
Active
Similar price
$416K – $773K
200
median $499K
Active

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