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2321 SW 31ST PLACE

Multi-family Active With Contract
$469,900

BTC: 6.17477004

ETH: 187.96000000

42 days
8 bds
3,360 sqft

Overview

Under contract-accepting backup offers. 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.

Location

Florida • GAINESVILLE • 32608 • Multi-family • Active With Contract

Details

Type:
Residential Income
Parking:
Open
Year Built:
1983
Lot:
0.21 Acres
Heating:
Central / Electric
Price/sqft:
$140
Cooling:
Central Air
HOA:
$500

Highlights

Annual tax
$8,269
2025
HOA
$500/6mo
Pets
Allowed
All facts and features

  • Flooring

    • Ceramic Tile

    • Luxury Vinyl

    Heating

    • Central

    • Electric

    Cooling

    • Central Air

    Appliances

    • Dishwasher

    • Disposal

    • Electric Water Heater

    • Exhaust Fan

    • Range

    • Range Hood

    • Refrigerator

    Other interior features

    • Ceiling Fan(s)

    • Living Room/Dining Room Combo

    • Open Floorplan

    • Primary Bedroom Main Floor

    • Thermostat

    Bedrooms and bathrooms

    • Bedrooms: 8

  • Parking

    • Open

    Property

    • Levels: One

    • Exterior Features: None / Sidewalk

    Lot

    • Lot: 0.21 Acres

    Other Property Information

    • Parcel Number: 07314010001

    • Zoning: PD

  • Type and style

    • Property Type: Residential Income

    • Property Sub Type: Quadruplex

  • Utility

    • BB/HS Internet Available

    • Cable Available

    • Electricity Connected

    • Public

    • Sewer Connected

    • Street Lights

    • Underground Utilities

    • Water Connected

  • Other financial information

    • HOA: $500

    • HOA Frequency: Semi-Annually

    • Annual tax amount: $8,270

  • Source details

    • MLS ID: GC540860

    Other facts

    • Construction Materials: Block / Wood Frame

    • Foundation Details: Slab

    • Fireplace Features: Living Room / Wood Burning

    • Laundry Features: Inside / Laundry Closet

    • Lot Features: Corner Lot / City Lot / Level / Near Public Transit / Sidewalk

    • Patio And Porch Features: None

    • Window Features: Wood Frames

    • Fireplace: Yes

    • Living Area: 3360

    • Water Source: Public

    • Subdivision Name: PHOENIX SUB PH II NAPIER GRT

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
32608
326
median $278K
Active
Same city
GAINESVILLE
1,038
median $270K
Active
Same type
Multi-family
13
median $450K
Active
Similar price
$328K – $610K
262
median $419K
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: FIRST CHOICE REALTY OF NORTH FLORIDA LLC