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Accepting backups
    • $469,900

    2321 SW 31ST PLACE, GAINESVILLE, FL 32608

    8beds
    4baths
    3,360sqft
    : 
    $3,343/mo
    Get pre-qualified
    Quadruplex, Multi Family
    Built in 1983
    -- sqft lot
    $-- Zestimate®
    $140/sqft
    $83/mo HOA

    What's special

    Abundant natural lightFunctional floor plansTile flooring throughout
    Under contract-accepting backup offers. 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.
    76 days
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    24
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    Zillow last checked:

    Listing updated:

    Listed by:

    Dawn Johnson 352-514-9508,

    FIRST CHOICE REALTY OF NORTH FLORIDA LLC 352-514-9508

    Source: Stellar MLS,MLS#: GC540860MLS LogoOriginating MLS: Gainesville-Alachua

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 8
      • Bathrooms: 4
      Rooms
      • Room types: Great Room, Utility Room
      Heating
      • Central, Electric
      Cooling
      • Central Air
      Appliances
      • Included: Dishwasher, Disposal, Electric Water Heater, Exhaust Fan, Range, Range Hood, Refrigerator
      • Laundry: Inside, Laundry Closet
      Features
      • Ceiling Fan(s), Living Room/Dining Room Combo, Open Floorplan, Primary Bedroom Main Floor, Thermostat
      • Flooring: Ceramic Tile, Luxury Vinyl
      • Has fireplace: Yes
      • Fireplace features: Living Room, Wood Burning
      Interior area
      • Total structure area: 3,360
      • Total interior livable area: 3,360 sqft
      Video & virtual tour

      Property

      Parking
      • Parking features: Open
      • Has uncovered spaces: Yes
      Features
      • Levels: One
      • Stories: 1
      • Patio & porch: None
      • Exterior features: None, Sidewalk
      Lot
      • Size: 9,148 Square Feet
      • Features: Corner Lot, City Lot, Level, Near Public Transit, Sidewalk
      Details
      • Parcel number: 07314010001
      • Zoning: PD
      • Special conditions: None

      Construction

      Type & style
      • Home type: MultiFamily
      • Property subtype: Quadruplex, Multi Family
      Materials
      • Block, Wood Frame
      • Foundation: Slab
      • Roof: Metal
      Condition
      • Completed
      • New construction: No
      • Year built: 1983

      Utilities & green energy

      • Sewer: Public Sewer
      • Water: Public
      • Utilities for property: BB/HS Internet Available, Cable Available, Electricity Connected, Public, Sewer Connected, Street Lights, Underground Utilities, Water Connected

      Community & HOA

      Community
      • Features: None
      • Pet fee: $0 monthly
      • Subdivision: PHOENIX SUB PH II NAPIER GRT
      HOA
      • Has HOA: Yes
      • HOA fee: $83 monthly
      • HOA name: Phoenix Association/Lucy McCullough
      • HOA phone: 352-378-1387
      Location
      • Region: Gainesville

      Financial & listing details

      • Price per square foot: $140/sqft
      • Tax assessed value: $410,197
      • Annual tax amount: $8,269
      • Date on market: 6/12/2026
      • Cumulative days on market: 59 days
      • Listing terms: Cash,Conventional,FHA,VA Loan
      • Ownership: Fee Simple
      • Lease term: 12 Months
      • Total actual rent: 4400
      • Tenant pays: Electricity, Sewer, Water
      • Electric utility on property: Yes
      • Road surface type: Paved, Asphalt

        Estimated market value

        Not available

        Estimated sales range

        Not available

        Not available

        Price history

        DateEventPrice
        8/11/2026Listed for sale$469,900$140/sqft
        Source: Stellar MLS #GC540860 Report a problem
        7/24/2026Contingent$469,900$140/sqft
        Source: Stellar MLS #GC540860 Report a problem
        6/12/2026Listed for sale$469,900+28.7%$140/sqft
        Source: Stellar MLS #GC540860 Report a problem
        1/27/2023Sold$365,000-2.7%$109/sqft
        Source: Public Record Report a problem
        11/12/2022Pending sale$375,000$112/sqft
        Source: Stellar MLS #GC508847 Report a problem
        11/8/2022Price change$375,000-6.3%$112/sqft
        Source: Stellar MLS #GC508847 Report a problem
        10/11/2022Listed for sale$400,000+81.8%$119/sqft
        Source: Stellar MLS #GC508847 Report a problem
        2/25/2021Sold$220,000+193.3%$65/sqft
        Source: Public Record Report a problem
        4/15/1999Sold$75,000$22/sqft
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$8,614 +15%$358,562 +10%
        2024$7,494 +42.8%$325,965 +48.7%
        2023$5,248 +12.9%$219,277 +10%
        2022$4,650 +57.7%$199,343 +123%
        2021$2,950 +8.4%$89,376 +10%
        2020$2,722 -4.1%$81,251 +10%
        2019$2,838 $73,865 -29.5%
        2018$2,838 +40.7%$104,700 +34.4%
        2017$2,017 +13.6%$77,900 +40.4%
        2016$1,776 +18%$55,500 -1.2%
        2015$1,505 -2.8%$56,200 -2.6%
        2014$1,549 -3.1%$57,700 +8.1%
        2013$1,599 $53,400 -2.4%
        2012-- $54,700 -30.5%
        2011-- $78,700 -4.7%
        2010-- $82,600 -46.7%
        2009-- $154,900 -2.3%
        2008-- $158,600 +0.4%
        2007-- $158,000 +29.1%
        2006-- $122,400 +33.6%
        2005-- $91,600 +16.2%
        2004-- $78,800 +43.5%
        2003-- $54,900
        2002-- $54,900 +7%
        2001-- $51,300 -17.1%
        2000-- $61,900
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

        Explore the cost of this home by adjusting the details. Changes won't be saved.
        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.
        See how much you could borrow to make a competitive offer.
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        Climate risks

        Neighborhood: 32608

        Getting around

        12 / 100
        Car-Dependent
        72 / 100
        Very Bikeable

        Nearby schools

        GreatSchools rating
        Schools provided by the listing agent
        • Elementary: Idylwild Elementary School-AL
        • Middle: Kanapaha Middle School-AL
        • High: Eastside High School-AL

        Source: Stellar MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

        A local agent can set up tours, give advice and negotiate with sellers.

        A local lender can help you make sure your offer is ready when you are.

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