2321 SW 31st Place, Gainesville, FL 32608
Local realty services provided by:Better Homes and Gardens Real Estate Lifestyles Realty
Listed by: dawn johnson
Office: first choice realty of north florida llc.
MLS#:GC540860
Source:MFRMLS
Price summary
- Price:$469,900
- Price per sq. ft.:$139.85
- Monthly HOA dues:$83.33
About this home
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....
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Home facts
- Year built:1983
- Listing ID #:GC540860
- Added:6 day(s) ago
- Updated:June 18, 2026 at 11:46 AM
Rooms and interior
- Bedrooms:8
- Total bathrooms:4
- Flooring:Ceramic Tile, Luxury Vinyl
- Dining Description:Living Room/Dining Room Combo
- Kitchen Description:Dishwasher, Disposal, Exhaust Fan, Range, Range Hood, Refrigerator
- Bedroom Description:Primary Bedroom Main Floor
- Living area:3,360 sq. ft.
Heating and cooling
- Cooling:Central Air
- Heating:Central, Electric
- Central air:Yes
Structure and exterior
- Roof:Metal
- Year built:1983
- Building area:3,360 sq. ft.
- Lot area:0.21 Acres
- Lot Features:Corner Lot, Level, Near Public Transit, Paved, Sidewalk
- Construction Materials:Block, Frame
- Exterior Features:Sidewalk
- Foundation Description:Slab
- Levels:1 Story
Schools
- High school:Eastside High School-AL
- Middle school:Kanapaha Middle School-AL
- Elementary school:Idylwild Elementary School-AL
Utilities
- Water:Public, Water Connected
- Sewer:Public, Public Sewer, Sewer Connected
Finances and disclosures
- Price:$469,900
- Price per sq. ft.:$139.85
- Tax amount:$8,270 (2025)
Features and amenities
- Appliances:Dishwasher, Disposal, Electric Water Heater, Exhaust Fan, Range, Range Hood, Refrigerator
- Laundry features:Inside, Laundry Closet
- Amenities:BB/HS Internet Available, Cable Available, Ceiling Fans(s), Living Room/Dining Room Combo, Open Floorplan, Primary Bedroom Main Floor, Thermostat, Underground Utilities
- Pool features:Public Pool
Parking
- Parking description:Open
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