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.
For sale
$469,900
2321 SW 31st Pl, Gainesville, FL 32608
8beds
4baths
3,360sqft
Quadruplex, Multi Family
Built in 1983
-- sqft lot
$-- Zestimate®
$140/sqft
$83/mo HOA
What's special
Abundant natural lightFunctional floor plansTile flooring throughout
- 23 days |
- 513 |
- 45 |
Likely to sell faster than
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#: GC540860
Originating MLS: Gainesville-Alachua
Originating MLS: Gainesville-Alachua
Loading...
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: 24 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
| Date | Event | Price |
|---|---|---|
| 6/12/2026 | Listed for sale | $469,900+28.7%$140/sqft |
Source:  Stellar MLS #GC540860 Report a problem | ||
| 1/27/2023 | Sold | $365,000-2.7%$109/sqft |
Source: Public Record Report a problem | ||
| 11/12/2022 | Pending sale | $375,000$112/sqft |
Source: Stellar MLS #GC508847 Report a problem | ||
| 11/8/2022 | Price change | $375,000-6.3%$112/sqft |
Source: Stellar MLS #GC508847 Report a problem | ||
| 10/11/2022 | Listed for sale | $400,000+81.8%$119/sqft |
Source: Stellar MLS #GC508847 Report a problem | ||
| 2/25/2021 | Sold | $220,000+193.3%$65/sqft |
Source: Public Record Report a problem | ||
| 4/15/1999 | Sold | $75,000$22/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax 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 | -- | $61,900 |
Find assessor info on the county website
Monthly payment
Est. payment$--/mo
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.
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.
See how much you could borrow to make a competitive offer.
Climate risks
Neighborhood: 32608
Nearby schools
GreatSchools rating
- 2/10Idylwild Elementary SchoolGrades: K-5Distance: 1 mi
- 7/10Kanapaha Middle SchoolGrades: 6-8Distance: 4 mi
- 5/10Eastside High SchoolGrades: 7,9-12Distance: 5.4 mi
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.
- Florida
- Alachua County
- Gainesville
- 32608
- 2321 SW 31st Pl
Nearby cities
Nearby neighborhoods
Nearby zip codes
Other Gainesville Topics
