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Under contract
  • $2,000,000

    203 NW 15th St, Gainesville, FL 32603

    --beds
    0baths
    4,433sqft
    : 
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    Multi Family
    Built in 1920
    -- sqft lot
    $1,939,300 Zestimate®
    $451/sqft
    $-- HOA

    What's special

    Under contract-accepting backup offers. 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!
    215 days
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    355
    |
    13
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    Zillow last checked:

    Listing updated:

    Listed by:

    Jamie Williams 352-262-4914,

    CORNERSTONE REALTY & MANAGEMENT SERVICES LLC 352-262-4914

    Source: Stellar MLS,MLS#: GC535966MLS LogoOriginating 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: 215 days
      • Ownership: Fee Simple
      • Total actual rent: 0
      • Road surface type: Asphalt

        Estimated market value

        $1,939,300

        $1.63M - $2.31M

        $1,085/mo

        Price history

        DateEventPrice
        7/9/2026Contingent$2,000,000$451/sqft
        Source: Stellar MLS #GC535966 Report a problem
        12/10/2025Listed for sale$2,000,000+42.9%$451/sqft
        Source: Stellar MLS #GC535966 Report a problem
        10/12/2022Sold$1,400,000+115.4%$316/sqft
        Source: Public Record Report a problem
        12/5/2005Sold$650,000$147/sqft
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax 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

        Est. payment

        Payment breakdown

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        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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        Climate risks

        Neighborhood: University Park

        Getting around

        90 / 100
        Walker's Paradise
        100 / 100
        Biker's Paradise

        Nearby schools

        GreatSchools rating

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