Income producing opportunity for first time investors using FHA or seasoned investors!! This 4 unit multifamily property features four townhouse-style units, each offering 2 bedrooms, 1.5 bathrooms, and approximately 900 square feet of living space. Current monthly rents for occupied units is $1200 per month. Additional features include a 2018 asphalt shingle roof, 3 yr old HVAC systems (3 units), 4-5 yr old water heaters, tenant paid utilities, and no HOA. Conveniently located near major hospitals, public transportation, schools, daycare centers, and shopping. Call today to schedule!
Property Details
Price:
$445,000
MLS #:
GC544137
Status:
Active
Beds:
8
Baths:
8
Type:
Multi Family
Subtype:
Quadruplex
Subdivision:
CEDAR RIDGE
Neighborhood:
32607gainesville
Listed Date:
Oct 19, 2026
Finished Sq Ft:
3,600
Lot Size:
12,197 sqft / 0.28 acres (approx)
Year Built:
1981
Units:
4
See this Listing
Schools
Interior
Cooling
Central Air
Heating
Central, Electric
Interior Features
Ceiling Fan(s), Living Room/Dining Room Combo
Laundry Features
Inside, Laundry Closet
Levels
Two
Exterior
Construction Materials
Block, Other, Wood Siding
Exterior Features
Private Mailbox
Parking Features
Assigned
Roof
Shingle
Financial
Tax Year
2025
Taxes
$8,752
Map
Community
- Address707 SW 68TH TERRACE UNIT A-D GAINESVILLE FL
- SubdivisionCEDAR RIDGE
- CityGAINESVILLE
- CountyAlachua
- Zip Code32607
Subdivisions in GAINESVILLE
Market Summary
Current real estate data for Multi Family in GAINESVILLE as of Oct 19, 2026
16
Multi Family Listed
77
Avg DOM
239
Avg $ / SqFt
$552,600
Avg List Price
Property Summary
- Located in the CEDAR RIDGE subdivision, 707 SW 68TH TERRACE UNIT A-D GAINESVILLE FL is a Multi Family for sale in GAINESVILLE, FL, 32607. It is listed for $445,000 To schedule a showing of MLS#gc544137 at 707 SW 68TH TERRACE UNIT A-D in GAINESVILLE, FL, contact your InvestPro Properties, Inc. agent at 561-203-7022.
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Courtesy of MILLER REAL ESTATE. Disclaimer: All data relating to real estate for sale on this page comes from the Broker Reciprocity (BR) of the Orlando/Tampa – FL. Detailed information about real estate listings held by brokerage firms other than InvestPro Properties, Inc. include the name of the listing broker. Neither the listing company nor InvestPro Properties, Inc. shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The Broker providing this data believes it to be correct, but advises interested parties to confirm any item before relying on it in a purchase decision. Copyright 2026. Orlando/Tampa – FL. All rights reserved. 707 SW 68TH TERRACE UNIT A-D
GAINESVILLE, FL