2321 SW 31ST PLACE at

2321 SW 31ST PLACE

For sale Days on market 42

$469,900

$140/sq ft

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Overview

Bedroom

Year Built

1983

Sqft

3360

Property Type

Quadruplex

Property Description

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.

Property Details

MLS#

GC540860

Address

2321 31ST SW

City

Gainesville

State/county

Zip/Postal Code

32608

Area

Phoenix Sub Ph Ii Napier Grt

Country

United States

HOA

Yes

Assoc Fee

$500

Assoc Fee Pd

Semi-Annually

Tax Amount

$8,269

Maint Fee

$--

Tax Year

2025

Dishwasher

Disposal

Electric Water Heater

Exhaust Fan

Range

Range Hood

Refrigerator

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