Gainesville Florida Multi-Family for Sale

OUTSTANDING DUPLEX INVESTMENT OPPORTUNITY! Tenants appreciate this highly desirable northwest Gainesville location where they can walk to Magnolia Park, Hunter’s Crossing, Timber Village and MetroCorp for shopping, dining, banking and medical offices. And, the bus stop is located right out front. This duplex has had the same owner and been professionally managed for the last 27 years! Currently Unit A is occupied by a long-time tenant paying a below-market rent of $800 per month with the lease running through June 30th, 2027. Unit B is paying $1,300 per month and leased through January 31st, 2027 and will likely renew. Market rent for this area is $1,300 - $1,400 per month so there’s plenty of upside potential in Unit A. This small neighborhood of duplexes has always had excellent tenant demand with no trouble maintaining 100 percent occupancy. Roof: 2024; Unit A HVAC interior unit replaced in 1999 and exterior unit replaced in 2009; Unit B HVAC: 2009; Water Heaters: Unit A: 2003; Unit B: 2007. Tenants pay electric, water and sewer. Owner is responsible for landscape maintenance. There is no HOA.

3823 Nw 45th Street, Gainesville

Listing courtesy of BHHS FLORIDA REALTY. 352-225-4700

$1,035,000

GC543835 MLS

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.

824 Se 1st Avenue, Gainesville

Listing courtesy of BOSSHARDT REALTY SERVICES LLC. 352-371-6100

$360,000

4 Beds ⋅ 3 Baths ⋅ GC543711 MLS

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!

3300 Sw 23rd Street, Gainesville

Listing courtesy of THE MULTIFAMILY ADVISORS. 352-871-8324

$520,000

20 Beds ⋅ 30 Baths ⋅ O6441827 MLS

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.

3913 Sw 26th Drive, Gainesville

Listing courtesy of LA ROSA REALTY LLC. 321-939-3748

$284,900

4 Beds ⋅ 4 Baths ⋅ GC543449 MLS

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.

2604 Sw 31st Place, Gainesville

Listing courtesy of KELLER WILLIAMS GAINESVILLE REALTY PARTNERS. 352-240-0600

$949,000

4 Beds ⋅ 2 Baths ⋅ GC543215 MLS

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.

Gainesville

Listing courtesy of UNIVERSITY REALTY. 352-327-9500

$549,900

8 Beds ⋅ 8 Baths ⋅ GC542986 MLS

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

Listing courtesy of REMAX SELECT PARTNERS. 850-525-7570

$450,000

3 Beds ⋅ 3 Baths ⋅ GC542483 MLS

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

Listing courtesy of BHHS FLORIDA REALTY. 352-225-4700

$450,000

3 Beds ⋅ 3 Baths ⋅ GC542480 MLS

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

Listing courtesy of BHHS FLORIDA REALTY. 352-225-4700

$232,900

4 Beds ⋅ 4 Baths ⋅ GC541164 MLS

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

Listing courtesy of GREEN TREE REALTY INC. 352-377-0020

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

$970,000

12 Beds ⋅ 12 Baths ⋅ GC541053 MLS

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

Listing courtesy of GREEN TREE REALTY INC. 352-377-0020

$595,000

8 Beds ⋅ 8 Baths ⋅ GC539450 MLS

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

Listing courtesy of BHHS FLORIDA REALTY. 352-225-4700

$2,800,000

GC538532 MLS

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

Listing courtesy of COLDWELL BANKER M.M. PARRISH REALTORS. 352-335-4999

$565,000

3 Beds ⋅ 2 Baths ⋅ GC538438 MLS

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

Listing courtesy of COLDWELL BANKER M.M. PARRISH REALTORS. 352-335-4999

$315,000

GC538266 MLS

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

Listing courtesy of GOLDEN RULE REAL ESTATE AND PROPERTY MANAGEMENT. 352-505-3499

$399,900

GC522595 MLS

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

Listing courtesy of COLDWELL BANKER M.M. PARRISH R. 352-335-4999

$380,000

GC517523 MLS

This quad is part of a real estate portfolio for sale or as a stand alone quad for sale! Great starter investment property or live in one unit and rent the other 3! Each unit has 2 bedrooms and 1 bath with individual laundry hook-ups! Centrally located in NW Gainesville, walking distance to the Super Walmart Center and a quick drive to UF Health! Currently renting way below market values and room to go up on current cap rate! Several improvements have been done in the recent years including 3 updated water heaters, 3 updated ACs, 3 updated refrigerators, 2 units with updated flooring, one unit with newer cabinetry and one updated stove! Current gross rents at $2995/month! Interior pictures maybe of different units.

2442 Nw 59th Avenue, Gainesville

Listing courtesy of RE/MAX PROFESSIONALS. 352-375-1002

Start Your Search

The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of MLS Now and updated as of . Real estate listings held by brokerage firms other than Coldwell Banker Realty are marked with the Internet Data Exchange logo and detailed information about them includes the name of the listing broker(s).
IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
All information provided is deemed reliable but is not guaranteed and should be independently verified. © 2026 MLS Now. All Rights Reserved.

The data relating to real estate for sale on this website comes in part from the Broker Reciprocity program of the Dayton Area Board of Realtors® MLS IDX Database. Real estate listings from the Dayton Area Board of Realtors® MLS IDX Database held by brokerage firms other than Coldwell Banker Realty are marked with the IDX logo and are provided by the Dayton Area Board of Realtors® MLS IDX Database. Information is provided for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in. Copyright© 2026 Dayton Area Board of Realtors®

Gainesville Florida Multi-Family

Search all Multi-Family in Gainesville Florida. These Gainesville Multi-Family property details include large photos, local school info, tours, maps, street view and more in Gainesville FL.

Call or Text (239) 880-8873 to schedule a showing on any Gainesville Florida Multi-Family Today!