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Sold for $437,500
  • $437,500

    2321 SW 31ST PLACE, GAINESVILLE, FL 32608

    8beds
    4baths
    3,360sqft
    Quadruplex, Multi Family
    Built in 1983
    -- sqft lot
    $437,300 Zestimate®
    $130/sqft
    $1,542 Estimated rent

    Home value

    $437,300

    $394,000 - $485,000

    $1,542/mo

    Zestimate® history
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    What's special

    Abundant natural lightFunctional floor plansTile flooring throughout
    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.

    Zillow last checked:

    Listing updated:

    Listed by:

    Dawn Johnson 352-514-9508,

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

    Bought with:

    Shawn Spence-Thomas, 3051790

    COLDWELL BANKER M.M. PARRISH REALTORS

    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

    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: $130/sqft
    • Tax assessed value: $410,197
    • Annual tax amount: $8,269
    • Date on market: 6/12/2026
    • Cumulative days on market: 42 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

    Price history

    DateEventPrice
    9/15/2026Sold$437,500-6.9%$130/sqft
    Source: Stellar MLS #GC540860 Report a problem
    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

    Neighborhood: 32608

    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.

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    Estimated market value

    $437,300

    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value

    $437,300