Gainesville Real Estate | Gainesville Multi-Family Homes for Sale

8 Beds ⋅ 8 Baths ⋅ Tower Village Ii SubDv. ⋅ 32608 Zip Code

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.

7216 Sw 43rd Place, Gainesville

$450,000

3 Beds ⋅ 3 Baths ⋅ Browns Addition SubDv. ⋅ 32601 Zip Code

Half Mile to UF Campus! 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).

918 Nw 4th Place, Gainesville

$450,000

3 Beds ⋅ 3 Baths ⋅ Browns Addition SubDv. ⋅ 32601 Zip Code

Half Mile to UF Campus! 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.

907 Nw 4th Place, Gainesville

$2,200,000

Cedar Ridge Villas SubDv. ⋅ 32607 Zip Code

Virtually Staged. One or more photo(s) was virtually staged. Exceptional Turnkey Investment Opportunity in Booming Gainesville, FL! I'm pleased to present the Cedar Ridge Villas Portfolio—a stabilized, 94% occupied 16-unit multifamily portfolio offered at a competitive 8.3% current Cap Rate. Comprising two contiguous, legally distinct 8-unit parcels, this portfolio provides an investor with immense structural and financing flexibility. The asset features a perfectly balanced unit mix of eight 1BR/1BA (~675 SF) and eight 2BR/2BA (~875 SF) units. Capital expenditures have been heavily mitigated with recent ownership-funded improvements, including partial roof repairs, new HVAC systems, a down-to-the-studs renovation of unit 422-G, and widespread appliance upgrades. The property benefits from strong, recession-resilient income, including contracted VA supportive housing leases ($2,000/mo for 2BR units) and other government program. Located entirely in FEMA Flood Zone X with NO HOA, the portfolio boasts low operational friction and sits just minutes from I-75, North Florida Regional Medical Center, and the University of Florida. Complete Offering Memorandum available upon request.

422 Sw 69th Street, Gainesville

$2,200,000

Cedar Ridge Villas SubDv. ⋅ 32607 Zip Code

Virtually Staged. One or more photo(s) was virtually staged. Stabilized 16-Unit Multifamily Portfolio | 8.3% Current Cap Rate | Gainesville, FL Incredible opportunity to acquire a 94% occupied, high-yielding investment property spread across two contiguous 8-unit parcels. Features eight 1BR/1BA and eight 2BR/2BA units with immediate organic upside to market rents. Recent ownership-funded capital improvements include partial roof repairs, brand-new HVAC systems, appliance upgrades, and a fully renovated modern unit. Strong cash flow anchored by premium VA and other government housing programs. Located entirely in Flood Zone X with no HOA fees. Unbeatable location off I-75, just 8 minutes from North Florida Regional Medical Center and under 15 minutes to the University of Florida campus. Act fast to add this turnkey cash-cow to your commercial portfolio! Contact listing agent for the full OM.

6816 Sw 4th Place, Gainesville

$450,000

8 Beds ⋅ 4 Baths ⋅ Pineridge Ii SubDv. ⋅ 32653 Zip Code

Incoming producing quadraplex, 4 units, 2-1, with 450 sq feet each. Metal roof, 2026. Pictures are from renovated unit, A. Recently received a four point inspection. Lots of natural light. Extremely large washer/dryer area. Good closet space. Lots of cupboard space. Central heat and air. Decent yard space. The bathtub has been refurbished and looks fantastic. Close to Walmart, 441, shopping, fast food, restaurants, YMCA, Millhopper area, banks, home improvement stores, industrial areas, and Devil's Millhopper. Near city bus lines. About 30 minutes to I-75. About fifteen minutes from Gainesville airport. Buyer is responsible for verifying school districts due to the restructuring going on this year.

5813 Nw 23rd Terrace Unit ABCD, Gainesville

$232,900

4 Beds ⋅ 4 Baths ⋅ Cedar Ridge SubDv. ⋅ 32607 Zip Code

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.

713 Sw 69 Street, Gainesville

$970,000

12 Beds ⋅ 12 Baths ⋅ Sugarfoot Oaks SubDv. ⋅ 32607 Zip Code

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.

1110 Sw 62 Terrace Unit A,B,C,D,E and F, Gainesville

$595,000

8 Beds ⋅ 8 Baths ⋅ Tower Oaks SubDv. ⋅ 32607 Zip Code

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.

1718 Sw 69 Terrace, Gainesville

$675,000

7 Beds ⋅ 4 Baths ⋅ Browns Add -Hickson Rep SubDv. ⋅ 32601 Zip Code

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.

1102 Nw 3rd Avenue, Gainesville

$2,800,000

College Park SubDv. ⋅ 32603 Zip Code

College Park multifamily investment opportunity just steps from the University of Florida. This 13,244 SF property on 0.38 acres, comprising 21 rental units across multiple buildings, is income-producing. Located near Midtown and University Avenue with on-site parking, the property offers strong value-add potential through renovation, repositioning, or redevelopment in one of Gainesville’s most desirable rental markets.

1615 Nw 3rd Avenue, Gainesville

$565,000

3 Beds ⋅ 2 Baths ⋅ Original Gainesville SubDv. ⋅ 32601 Zip Code

Locals know this beautiful Queen Anne house as the Blanding House. Built in 1899 by Horatio Davis, a judge and twice mayor, Lt. General Albert Blanding lived in this home from 1900 – 1910, retaining its ownership until 1958. Nestled in the charming Duckpond neighborhood, this historic property blends timeless character with spacious living just minutes from downtown. Situated on a double lot encompassing a generous .27-acres, the Blanding House offers approximately 2,854 sq. feet of living space. Victorian porches are one of a kind, aren’t they? Featuring intricate gingerbread trim, this iconic front porch serves as your social hub for entertaining and for comfortable front porch seating, perfect greeting your neighbors and friends. Inside, the residence is currently configured as a duplex, offering two separate living spaces that provide flexibility for a variety of uses. The property features three bedrooms, two kitchens, two bathrooms, and dual staircases. Each floor offers a comfortable living space ideal for tenants, guests, or an owner-occupant seeking additional rental income, featuring its own fully functioning kitchen, living space, bedroom(s), bathroom, and 100-amp service panel. Downstairs is the master bedroom and bath, a laundry room which houses a stacked washer/dryer and the two water heaters that service the home. In addition, there are two large living spaces, and access to the front and south-side porch. In addition, the front living space, with its sliding pocket door, was often used as an additional bedroom. Upstairs are two bed-sitting rooms, each easily accommodating a large bed, desk, couch and several chairs; a bathroom, screened enclosed and open porches, and the attic access. UPDATES include: Dec 2025 water heaters (2), beautifully finished heart pine floors, March 2026 roof, and fire-resistant drywall on the downstairs ceiling. Should you wish to restore the floor plan to a traditional single family home, the owner carefully designed for easy conversion, simply remove one or two downstairs walls, and re-open the rear staircase for upstairs/downstairs access. The double lot provides mature surroundings and outdoor potential—perfect for relaxing, gardening, or enjoying Gainesville’s warm climate, and of course, additional space for tenant parking. Located just minutes from downtown Gainesville, parks, restaurants, and the University of Florida, the property offers a rare combination of historic character, income potential, generous space, and prime location. Whether used as a primary residence, income-producing duplex, or future investment opportunity, this unique Duckpond property offers exceptional potential in one of Gainesville’s most desirable historic neighborhoods. ADDITIONAL COMMENTS: Seller has a recent survey and is willing to split the property into two lots. Splitting the lot into two separate lots will require amended tax parcel ID’s and legal descriptions. Buyer may purchase the duplex on the south 70 feet for $625,000 – see GC538426, with a first right of refusal for the north 50 feet as a separate lot for $99,000.

306 Ne 3rd Street, Gainesville

$325,000

Gainesville Mcdowalls Add SubDv. ⋅ 32601 Zip Code

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!

221/223 Se 9th Street, Gainesville

$325,000

3 Beds ⋅ 2 Baths ⋅ Brush Add To Gville SubDv. ⋅ 32601 Zip Code

You must see this investment opportunity just steps from the heart of Downtown Gainesville! Located at 232 NW 4th Ave, this income-producing property is a 2/1 single family home with a 1/1 attached unit (functioning as a duplex) and offers tremendous potential for renovation, rental income, or redevelopment. Each unit offers unique outdoor spaces: the front unit boasts a welcoming open front porch with swing, while the back unit enjoys its own fenced area and a cozy back porch. It is tenant occupied through end of July 2027. The unbeatable downtown location, flexible zoning, and strong rental demand make this an outstanding investment option. Opportunities like this in the Gainesville downtown core are rare - schedule your showing today!

232 Nw 4th Avenue, Gainesville

$449,900

8 Beds ⋅ 8 Baths ⋅ Phoenix Sub Napier Grt SubDv. ⋅ 32608 Zip Code

4 2 bedroom 1.5 bath units remodeled in 2017 close to UF, Close to VA and Close to butler Plaza

3304 Sw 26th Terrace, Gainesville

$2,000,000

Brown B W Orrs Sub SubDv. ⋅ 32603 Zip Code

Incredible Investment Opportunity – 8-Unit Portfolio Just TWO Blocks From UF! This prime-location portfolio offers unbeatable walkability to the University of Florida—just a short stroll from campus—and sits within the highly desirable U5 zoning district, opening the door to strong long-term value. All 8 units are fully leased through July 2027, providing immediate, stable income from day one. Property Highlights- Six (6) One-Bed/One-Bath Units, Each unit includes a full kitchen, living area, and a private bathroom & In-unit washer & dryer, stylish LVP flooring throughout. Each apartment has one assigned parking space per unit These are clean, efficient layouts that stay rented with ease. The corner Duplex (Two 1/1 Units) features a spacious living/dining combo, full kitchen, and private bath & one parking space per unit Fantastic visibility on the corner lot This rare offering is perfect for investors looking to grow their Gainesville portfolio with solid cash flow, premium location, and built-in stability. Properties this close to UF—with strong leases in place—don’t hit the market often!

203 Nw 15th Street, Gainesville

$409,900

Oak Park SubDv. ⋅ 32609 Zip Code

Looking for a solid investment opportunity? Whether looking to add to your real estate portfolio or down size while still living rent free, this property satisfies both possibilities. Six bedrooms could be individually leased for extra income. Complete with some furnishings, including a fully equipped kitchen with 2 refrigerators, washer and dryer, and other appliances. Metal roof updated in 2010, updated 200 amp panel and plumbing throughout the main home. Separate to the main house sits a 1300 sqft one bedroom, one bathroom with a loft unit rented through June 2026 for $1400 per month. This space is also equipped with a functional kitchen and 3 wall mounted ac units, plus a functional workshop.

919 Nw 23rd Avenue, Gainesville

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