Rare investor opportunity near University of Florida! This fully-occupied, income-producing quadplex at 3700 SW 29th Ter, Gainesville, FL 32608 is ideally located just 3 miles from the University of Florida, making it a highly desirable rental for students. With four units generating steady rental income and a strong occupancy history, this property is a true turnkey investment. Each unit is well-maintained with great rental appeal, and the property benefits from consistent demand in one of Gainesville’s hottest rental markets. Located near shopping, dining, public transit, and major roadways, this is a rare chance to own a proven money-maker in an unbeatable location. Perfect for both seasoned investors and first-time multi-family buyers — don’t miss out on this opportunity to add an income-generating quadplex to your portfolio!
Sold for $461,000
$461,000
3700 SW 29th Ter, Gainesville, FL 32608
8beds
4baths
3,240sqft
Quadruplex, Multi Family
Built in 1981
-- sqft lot
$476,100 Zestimate®
$142/sqft
$956 Estimated rent
Home value
$476,100
$428,000 - $524,000
$956/mo
Zestimate® history
Owner options
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$956/mo
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$956/mo
Rent Zestimate®
Refinance and save
$3,258/mo
Est. payment
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$3,258/mo
Est. payment
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Zillow last checked:
Listing updated:
Listing Provided by:
Michael Dean 352-231-3865,
REAL BROKER, LLC 855-450-0442
Bought with:
Allison Belfakir, 3484378
GRECO REAL ESTATE
Source: Stellar MLS,MLS#: GC531439
Originating MLS: Orlando Regional
Originating MLS: Orlando Regional
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 8
- Bathrooms: 4
Heating
- Central, Electric
Cooling
- Central Air
Appliances
- Laundry: None
Features
- Ceiling Fan(s)
- Windows: Window Treatments
- Has fireplace: No
Interior area
- Total interior livable area: 3,240 sqft
Property
Features
- Exterior features: Lighting, Other
Lot
- Size: 0.30 Acres
Details
- Parcel number: 07296020032
- Zoning: R-2A
- Special conditions: None
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Quadruplex, Multi Family
Materials
- Block
- Foundation: Slab
- Roof: Shingle
Condition
- New construction: No
- Year built: 1981
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Electricity Connected
Community & neighborhood
Location
- Region: Gainesville
- Subdivision: SERENOLA MANOR UNIT 2 NAPIER
HOA & financial
HOA
- Has HOA: No
Other fees
- Pet fee: $0 monthly
Other financial information
- Total actual rent: 0
Other
Other facts
- Listing terms: Cash,Conventional,FHA,VA Loan
- Ownership: Fee Simple
- Road surface type: Paved
Price history
| Date | Event | Price |
|---|---|---|
| 8/8/2025 | Sold | $461,000+0.2%$142/sqft |
Source:  Stellar MLS #GC531439 Report a problem | ||
| 6/30/2025 | Pending sale | $460,000$142/sqft |
Source: Stellar MLS #GC531439 Report a problem | ||
| 6/17/2025 | Listed for sale | $460,000+84%$142/sqft |
Source: Stellar MLS #GC531439 Report a problem | ||
| 9/30/2005 | Sold | $250,000$77/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $6,591 +14.9% | $256,464 +10% |
| 2024 | $5,737 +12.9% | $233,149 +10% |
| 2023 | $5,084 +7.5% | $211,954 +6.7% |
| 2022 | $4,728 +7.3% | $198,708 +10% |
| 2021 | $4,407 +9.6% | $180,644 +10% |
| 2020 | $4,020 +1.6% | $164,222 +7.8% |
| 2019 | $3,958 | $152,394 -15.1% |
| 2018 | $3,958 +9% | $179,400 +36.5% |
| 2017 | $3,630 +14.3% | $131,400 +14.8% |
| 2016 | $3,176 +9.5% | $114,500 -2.5% |
| 2015 | $2,901 -4.1% | $117,400 -2.4% |
| 2014 | $3,025 -3.2% | $120,300 -1.2% |
| 2013 | $3,125 | $121,700 -2.3% |
| 2012 | -- | $124,600 -17.6% |
| 2011 | -- | $151,200 -4.5% |
| 2010 | -- | $158,400 -17.6% |
| 2009 | -- | $192,200 -2.2% |
| 2008 | -- | $196,600 +7.2% |
| 2007 | -- | $183,400 +3.4% |
| 2006 | -- | $177,400 +6.4% |
| 2005 | -- | $166,700 +25% |
| 2004 | -- | $133,400 +45.3% |
| 2003 | -- | $91,800 |
| 2002 | -- | $91,800 +0.5% |
| 2001 | -- | $91,300 +5.8% |
| 2000 | -- | $86,300 |
Find assessor info on the county website
Neighborhood: 32608
Nearby schools
GreatSchools rating
- 2/10Idylwild Elementary SchoolGrades: K-5Distance: 1.2 mi
- 7/10Kanapaha Middle SchoolGrades: 6-8Distance: 3.3 mi
- 5/10Eastside High SchoolGrades: 7,9-12Distance: 6.1 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.
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Estimated market value
$476,100
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
$476,100
- Florida
- Alachua County
- Gainesville
- 32608
- 3700 SW 29th Ter
Nearby cities
Nearby neighborhoods
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