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!
For sale
$2,000,000
203 NW 15TH STREET, GAINESVILLE, FL 32603
--beds
0baths
4,433sqft
Multi Family
Built in 1920
-- sqft lot
$-- Zestimate®
$451/sqft
$-- HOA
What's special
- 268 days
- 438
- 10
Zillow last checked:
Listing updated:
Listed by:
Jamie Williams 352-262-4914,
CORNERSTONE REALTY & MANAGEMENT SERVICES LLC 352-262-4914
Source: Stellar MLS,MLS#: GC535966
Originating MLS: Gainesville-Alachua

Facts & features
Interior
Bedrooms & bathrooms
- Bathrooms: 0
Heating
- Central
Cooling
- Central Air, Wall/Window Unit(s)
Appliances
- Laundry: Inside
Features
- Other
- Windows: Window Treatments
- Has fireplace: No
Interior area
- Total interior livable area: 4,433 sqft
Property
Features
- Exterior features: Sidewalk
Lot
- Size: 0.35 Acres
Details
- Parcel number: 14925000000
- Zoning: RMU
- Special conditions: None
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Block, Other, Wood Frame
- Foundation: Crawlspace, Slab
- Roof: Shingle
Condition
- Completed
- New construction: No
- Year built: 1920
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Public
Community & HOA
Community
- Pet fee: $0 monthly
- Subdivision: BROWN B W ORRS SUB
HOA
- Has HOA: No
Location
- Region: Gainesville
Financial & listing details
- Price per square foot: $451/sqft
- Tax assessed value: $1,566,617
- Annual tax amount: $33,237
- Date on market: 12/10/2025
- Cumulative days on market: 235 days
- Ownership: Fee Simple
- Total actual rent: 0
- Road surface type: Asphalt
Estimated market value
Not available
Estimated sales range
Not available
$1,072/mo
Price history
| Date | Event | Price |
|---|---|---|
| 8/6/2026 | Listed for sale | $2,000,000$451/sqft |
Source: | ||
| 7/9/2026 | Contingent | $2,000,000$451/sqft |
Source: | ||
| 12/10/2025 | Listed for sale | $2,000,000+42.9%$451/sqft |
Source: | ||
| 10/12/2022 | Sold | $1,400,000+115.4%$316/sqft |
Source: Public Record Report a problem | ||
| 12/5/2005 | Sold | $650,000$147/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $33,237 +13.1% | $1,438,593 -5.2% |
| 2024 | $29,395 -10.9% | $1,517,815 +3.8% |
| 2023 | $32,994 +56.7% | $1,462,204 +100.9% |
| 2022 | $21,055 +2.8% | $727,744 +10% |
| 2021 | $20,474 +6.5% | $661,585 +10% |
| 2020 | $19,222 +3% | $601,442 +10% |
| 2019 | $18,656 | $546,765 -59.4% |
| 2018 | $18,656 +61% | $1,346,100 +112.7% |
| 2017 | $11,587 +21% | $632,900 +54.1% |
| 2016 | $9,574 +2.7% | $410,800 +4.9% |
| 2015 | $9,319 +2662600.2% | $391,500 -1.1% |
| 2014 | $0 | $395,900 -1% |
| 2013 | -- | $399,800 -0.6% |
| 2012 | -- | $402,400 -2% |
| 2011 | -- | $410,700 -2.5% |
| 2010 | -- | $421,400 -22.2% |
| 2009 | -- | $541,900 -0.8% |
| 2008 | -- | $546,400 +0.3% |
| 2007 | -- | $544,500 +1.4% |
| 2006 | -- | $536,900 +117.9% |
| 2005 | -- | $246,400 +18.1% |
| 2004 | -- | $208,600 +21.9% |
| 2003 | -- | $171,100 |
| 2002 | -- | $171,100 +20.2% |
| 2001 | -- | $142,300 +0.4% |
| 2000 | -- | $141,800 |
Find assessor info on the county website
Monthly payment
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