Three-property multifamily investment opportunity in Gainesville offering eight units across one fourplex and two duplexes. Purchase the full portfolio for $1,035,000, or purchase the properties individually: 824 SE 1st Ave is a fourplex offered at $625,000; 3116 SW 26th Way is a duplex offered at $255,000; and 1504 E University Ave is a duplex offered at $155,000. The properties span downtown, southwest Gainesville, and the East University Avenue corridor. The fourplex and SW 26th Way duplex have received recent capital improvements, while the East University Avenue duplex offers a renovation opportunity. With existing rental income and vacant units available for lease-up, buyers can choose the property that fits their investment plans or acquire all eight units together. Contact the listing agent for the brochure, rent roll, and additional property details.
Virtually Staged. One or more photo(s) was virtually staged. Tenant personal property has been digitally removed from photos for privacy and to clearly show room dimensions. No structural changes were made. Concrete block triplex for sale 3 minutes from the University of Florida! One unit is a 2/1 with a separate office and two units are 1/1s. Each unit has a private screened back porch with utility rooms and washer dryer connections. Renovations including but not limited to: updated kitchens and bathrooms, 2024 shingle roof, energy efficient windows, exterior paint, etc. Tenants pay all utilities; all tenants are longer term and on month-to-month leases. All units of this property have been fully occupied for several years in row. All units have central HVAC systems, ages are 2019, 2018, & 2017. Situated on an almost half acre lot, there is ample parking and yard space available to tenants. Located directly off SW 23rd St, a main road heading directly to the south side of campus. Offers a great rental signage opportunity. No HOA. If you’re looking for a well-priced multifamily asset within close proximity to the University of Florida, look no further!
TURNKEY INVESTMENT FULLY RENOVATED MOVE-IN READY Searching for a turnkey, fully renovated investment property? You found it! This beautifully updated duplex features two spacious 2-bedroom, 1.5-bathroom units, each offering approximately 900 square feet of living space. Both units are currently vacant, giving the new owner the flexibility to select their own tenants, set rental terms, or occupy one unit while renting the other. Every renovation has been professionally completed with permits, offering peace of mind while helping minimize future maintenance costs. Recent improvements include a NEW metal roof, NEW HardiePlank exterior siding, NEW HVAC systems, NEW water heaters, NEW double-pane windows, all NEW interior and exterior doors, NEW kitchens with shaker cabinetry, granite countertops, and stainless steel appliances, NEW bathrooms, NEW flooring, NEW fixtures, and NEW interior and exterior paint. Located along a main bus route with quick access to the University of Florida, restaurants, shopping, grocery stores, and everyday conveniences, this property is ideally positioned to appeal to students and working professionals. Whether you’re expanding your rental portfolio or looking for an owner-occupant opportunity, this fully renovated duplex is ready for its next chapter. Schedule your tour today! Please note: Photos shown are of a different unit with an identical floor plan, finishes, and features and are intended to represent the property being offered.
Quadruplex Property Opportunity for investment on Sale! GREAT LOCATION!! 100% Occupied! Located near UF Campus, Shands, VA, Shopping, Restaurants, Grocery Stores, bus lines and more.The roof was recently installed and comes with a 10-year warranty.
Come see this great investment opportunity. We all know it is difficult to find multifamily and particularly quadraplexes. This one is near a ton of amenities on Newberry Road and Archer Road. Nestled back in Tower Village puts it right off Tower Road near all neighborhoods and the development going on nearby. Veterans Memorial Park is close by as well. This multifamily is a great opportunity for someone looking to expand their portfolio. Set up a showing as soon as you can; you will not want to miss this one.
Exceptional Investment & Development Opportunity! Rare opportunity to own a single family home and duplex situated on U4 (Urban 4) zoned parcel, offering immediate rental income and exciting long-term redevelopment potential. The U4 zoning district is designed to encourage walkable urban development and provides flexible building standards that may appeal to investors, builders, and developers. U4 zoning also allows up to 3 stories (42 feet maximum height), 0-foot interior side setbacks (subject to utilities and easements), and rear setbacks of 3 feet with an alley or 10 feet without. Accessory Dwelling Units (ADUs) are permitted, allowing one attached and one detached ADU per parcel, provided a primary residence remains on the property and all applicable City standards are met. The parcel is not located within a historic district, though buyers should verify any requirements with the City due to the age of the existing structures. Whether you're looking to continue operating the existing rental, expand your investment portfolio, or explore future redevelopment opportunities, this property offers exceptional flexibility in a highly desirable location. Buyers are encouraged to verify all zoning regulations, permitted uses, development standards, and future plans with the City of Gainesville. For buyers seeking an extraordinary investment opportunity, the adjacent properties are also available 907 NW 4th Place (triplex) and 908 NW 4th Place (single family).
Exceptional Investment & Development Opportunity! Rare opportunity to own a triplex situated on U4 (Urban 4) zoned parcel, offering immediate rental income and exciting long-term redevelopment potential. The U4 zoning district is designed to encourage walkable urban development and provides flexible building standards that may appeal to investors, builders, and developers. U4 zoning also allows up to 3 stories (42 feet maximum height), 0-foot interior side setbacks (subject to utilities and easements), and rear setbacks of 3 feet with an alley or 10 feet without. Accessory Dwelling Units (ADUs) are permitted, allowing one attached and one detached ADU per parcel, provided a primary residence remains on the property and all applicable City standards are met. The property is not located within a historic district, though buyers should verify any requirements with the City due to the age of the existing structures. Whether you're looking to continue operating the existing triplex, expand your investment portfolio, or explore future redevelopment opportunities, this property offers exceptional flexibility in a highly desirable location. Buyers are encouraged to verify all zoning regulations, permitted uses, development standards, and future plans with the City of Gainesville. For buyers seeking an extraordinary investment opportunity, the adjacent properties are also available- 908 NW 4th Place and 918 NW 4th Place.
Cedar Ridge duplex for sale & for lease, no HOA; Concrete block with 2 bedrooms, 1full bathroom and balconies upstairs, 1 toilet , living room, kitchen & laundry downstairs. Conveniently close to Home Depot & Oaks Mall. Roof appx. 10 plus years old. Make offers.
Available concrete with partial wood above, 6 Plex in Sugarfoot Oaks with no HOA fees. All are 2B/1.5b with bedrooms upstairs & living room plus kitchen downstairs. Washer/dryer hook up is attached outside. Behind Oaks mall, convenient to University of Florida, Shands, Va hospitals, North Florida hospitals, Sams, and shopping centers with bus stops appx. 1 1/2 blocks.
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.
Excellent opportunity to own a high-demand residential income property in a truly unbeatable location just moments from campus—ensuring consistent rental demand year after year. This property features a classic two-story duplex totaling 6 bedrooms and 2 bathrooms (each unit a spacious 3 bed / 1 bath), along with a detached 1 bed / 1 bath efficiency for additional income potential. The main duplex offers charming character throughout, including original hardwood floors, abundant natural light, large living spaces, and functional layouts that tenants love. Both units include dedicated living areas, full kitchens, and in-unit laundry setups, making them highly desirable for student or long-term renters. The detached efficiency provides a private, separate living option ideal for maximizing cash flow. Situated on a generous lot with mature trees and off-street parking, this property combines location, layout, and income potential—making it a rare find for investors looking for reliable occupancy and long-term upside.
Discover a rare gem in the heart of Downtown Gainesville – two beautifully updated vintage homes on a single lot with a BONUS lot included in the sale! This unique property offers an exceptional opportunity for savvy buyers. Both homes have undergone extensive renovations, featuring new roofs, AC units, plumbing, windows, and more, blending classic charm with modern comforts. The front home, a cozy 784 sq ft, 2-bedroom, 1-bath retreat, is currently leased for $1382/month through 9/3/26. The back home, a slightly larger 896 sq ft, 2-bedroom, 1-bath residence, is leased for $1,325/month through 1/30/2027. Perfectly situated, you can stroll to Depot Park or the vibrant downtown area in minutes. This property is ideal for an owner-occupant seeking to live in one home while renting out the other for steady income. With a proven rental history, these two homes are a steal at this price – essentially two homes for the price of one. Located in a rapidly appreciating area, with new construction taking place all around, this is an unbeatable investment in a prime, up-and-coming neighborhood!
A GREAT FIRST TIME HOMEBUYER, CAN GO FHA 203K OR INVESTMENT PROPERTY, DOES NEED A ROOF AND UPDATING, PROPERTY HAS ITS ORIGINAL KITCHENS AND BATHROOMS IN BOTH UNITS. UNIT A CONSIST OF 3/2 WITH A DEN AND UNIT B IS A 2/1. 4 PARKING SPACES. PROPERTY LOCATED ON A QUIET STREET


All listings featuring the BMLS logo are provided by BeachesMLS, Inc. This information is not verified for authenticity or accuracy and is not guaranteed. Copyright © 2026 BeachesMLS, Inc.
Gainesville is located in Florida. Gainesville, Florida has a population of 138,741. Gainesville is less family-centric than the surrounding county with 23.27% of the households containing married families with children. The county average for households married with children is 27.25%.
The median household income in Gainesville, Florida is $40,937. The median household income for the surrounding county is $53,314 compared to the national median of $69,021. The median age of people living in Gainesville is 26.8 years.
The average high temperature in July is 91.5 degrees, with an average low temperature in January of 41.3 degrees. The average rainfall is approximately 50.2 inches per year, with 0 inches of snow per year.