Great investment opportunity just 2 blocks from UF with 2 different two-bedroom properties AND 17 parking spaces! The property has the best high-density multi-family U-9 zoning. It is NOT zoned historic and it IS on the Enterprise Zone, both which are advantages for future development. The back parking area can either collect income or it can be developed in the future for another building to be added on. This duplex features two separate FULLY remodeled units. Each residence features an updated kitchen with granite countertops, modern cabinetry and appliances, a renovated bathroom, and a full-size LG front-loading washer and dryer. Additional remodeled features include luxury vinyl plank flooring, custom millwork, double-pane energy-efficient windows, upgraded blinds, LED lighting and ceiling fans. The owner also updated the property with the following: plumbing and electrical system updates, blown-in insulation, fresh interior and exterior paint, a 2020 roof, 2019 HVAC and a 2020 water heater. This parcel is turn-key and has it all, whether you are a Gator parent looking for your student, or an investor looking for a long-term hold, or both. The property is fully leased through July 31, 2027, providing an immediate income-producing opportunity for its next owner.
Property Details
Price:
$875,000
MLS #:
GC543215
Status:
Active
Beds:
4
Baths:
2
Type:
Multi Family
Subtype:
Duplex
Subdivision:
UNIVERSITY HEIGHTS
Neighborhood:
32601gainesville
Listed Date:
Sep 11, 2026
Finished Sq Ft:
1,530
Total Sq Ft:
1,568
Lot Size:
7,405 sqft / 0.17 acres (approx)
Year Built:
1947
See this Listing
Schools
Interior
Appliances
Dryer, Microwave, Range, Washer
Cooling
Central Air
Flooring
Luxury Vinyl
Heating
Central, Electric
Interior Features
Ceiling Fan(s), Stone Counters, Thermostat
Laundry Features
Laundry Closet
Levels
One
Exterior
Construction Materials
Concrete, Wood Frame
Exterior Features
Other
Open Parking YN
1
Parking Features
Driveway, Off Street
Roof
Shingle
Window Features
Double Pane Windows
Financial
Tax Year
2025
Taxes
$8,686
Map
Community
- Address GAINESVILLE FL
- SubdivisionUNIVERSITY HEIGHTS
- CityGAINESVILLE
- CountyAlachua
- Zip Code32601
Subdivisions in GAINESVILLE
Market Summary
Current real estate data for Multi Family in GAINESVILLE as of Oct 19, 2026
15
Multi Family Listed
82
Avg DOM
247
Avg $ / SqFt
$559,773
Avg List Price
Property Summary
- Located in the UNIVERSITY HEIGHTS subdivision, GAINESVILLE FL is a Multi Family for sale in GAINESVILLE, FL, 32601. It is listed for $875,000 To schedule a showing of MLS#gc543215 at in GAINESVILLE, FL, contact your InvestPro Properties, Inc. agent at 561-203-7022.
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Courtesy of UNIVERSITY REALTY. 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. GAINESVILLE, FL
