Discover and investment gem nestled on a cul-de-sac in NW Gainesville! This full leased quadruplex offers a prime opportunity for passive income. With a newly installed roof in September 2023, hard surface flooring throughout the downstairs of each unit, maintenance is minimized while tenant satisfaction is maximized. Each townhouse features 2 bedrooms and 1.5 bathrooms of well-maintained living area. Conveniently located near amenities and with easy access to major thoroughfares, this quadruplex presents a savvy investment opportunity in a sought-after locale. Property was originally 4 separate parcel numbers, built and designed to be sold off individually. Current seller combined the units into one tax parcel and formed and HOA for these 4 units, which is included. Units should be able to be divided, should an investor wish to purchase as a whole and sell off individually. Don't miss out on this turnkey income generator.
Sold for $480,000
$480,000
5320 NW 20th Ct, Gainesville, FL 32653
2beds
2baths
3,720sqft
Quadruplex, Multi Family
Built in 1987
-- sqft lot
$508,300 Zestimate®
$129/sqft
$1,465 Estimated rent
Home value
$508,300
$473,000 - $549,000
$1,465/mo
Zestimate® history
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$3,473/mo
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Zillow last checked:
Listing updated:
Listed by:
Alicia Phillips 352-372-9525,
CARL TURLINGTON REAL ESTATE 352-372-9525
Bought with:
Justin Sykes, 3285283
KELLER WILLIAMS GAINESVILLE REALTY PARTNERS
Tina Yakel, 3516543
KELLER WILLIAMS GAINESVILLE REALTY PARTNERS
Source: Stellar MLS,MLS#: GC521381
Originating MLS: Gainesville-Alachua
Originating MLS: Gainesville-Alachua
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 2
Rooms
- Room types: Utility Room
Heating
- Central, Natural Gas
Cooling
- Central Air
Appliances
- Included: Dishwasher, Electric Water Heater, Gas Water Heater, Range, Range Hood, Refrigerator
- Laundry: Inside, Laundry Closet, Electric Dryer Hookup, Washer Hookup
Features
- Ceiling Fan(s), Living Room/Dining Room Combo, PrimaryBedroom Upstairs
- Flooring: Carpet, Ceramic Tile, Luxury Vinyl
- Has fireplace: No
Interior area
- Total structure area: 3,720
- Total interior livable area: 3,720 sqft
Property
Parking
- Parking features: Open, Off Street
- Has uncovered spaces: Yes
Features
- Levels: Two
- Stories: 2
- Patio & porch: Deck
- Exterior features: Other
- Waterfront features: Creek Access
Lot
- Size: 0.33 Acres
- Features: Near Public Transit, Street Dead-End, Cul-De-Sac, City Lot
Details
- Parcel number: 07881111001
- Zoning: RMF7
- Special conditions: None
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Quadruplex, Multi Family
Materials
- Vinyl Siding, Brick
- Foundation: Slab
- Roof: Shingle
Condition
- New construction: No
- Year built: 1987
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Water Connected, Cable Available, Electricity Connected, Natural Gas Connected, Public, Sewer Connected, Water - Multiple Meters
Community & HOA
Community
- Security: Smoke Detector(s)
- Pet fee: $0 monthly
- Subdivision: SWEETWATER PINES
HOA
- Has HOA: No
Location
- Region: Gainesville
Financial & listing details
- Price per square foot: $129/sqft
- Tax assessed value: $415,000
- Annual tax amount: $4,984
- Date on market: 4/22/2024
- Cumulative days on market: 133 days
- Listing terms: Cash,Conventional
- Ownership: Fee Simple
- Lease term: 12 Months
- Total actual rent: 0
- Tenant pays: Electricity, Gas, Sewer, Trash Collection, Water
- Electric utility on property: Yes
- Road surface type: Paved
Price history
| Date | Event | Price |
|---|---|---|
| 10/9/2024 | Sold | $480,000-12.7%$129/sqft |
Source:  Stellar MLS #GC521381 Report a problem | ||
| 9/3/2024 | Pending sale | $550,000$148/sqft |
Source: Stellar MLS #GC521381 Report a problem | ||
| 8/8/2024 | Price change | $550,000-4.3%$148/sqft |
Source: Stellar MLS #GC521381 Report a problem | ||
| 7/16/2024 | Price change | $575,000-4%$155/sqft |
Source: Stellar MLS #GC521381 Report a problem | ||
| 7/1/2024 | Price change | $599,000-1.8%$161/sqft |
Source: Stellar MLS #GC521381 Report a problem | ||
| 6/5/2024 | Price change | $610,000-2.4%$164/sqft |
Source: Stellar MLS #GC521381 Report a problem | ||
| 4/22/2024 | Listed for sale | $624,900+19.3%$168/sqft |
Source: Stellar MLS #GC521381 Report a problem | ||
| 2/12/2024 | Listing removed | -- |
Source: Stellar MLS #GC515461 Report a problem | ||
| 1/25/2024 | Price change | $524,000-4.6%$141/sqft |
Source: Stellar MLS #GC515461 Report a problem | ||
| 11/13/2023 | Price change | $549,000-4.4%$148/sqft |
Source: Stellar MLS #GC515461 Report a problem | ||
| 10/6/2023 | Price change | $574,000-4.2%$154/sqft |
Source: Stellar MLS #GC515461 Report a problem | ||
| 9/20/2023 | Price change | $599,000-5.9%$161/sqft |
Source: Stellar MLS #GC515461 Report a problem | ||
| 8/8/2023 | Listed for sale | $636,500+11786.1%$171/sqft |
Source: Stellar MLS #GC515461 Report a problem | ||
| 5/24/2018 | Listing removed | $675 |
Source: Carl Turlington Real Estate #414477 Report a problem | ||
| 5/1/2018 | Listed for rent | $675+15.4% |
Source: Carl Turlington Real Estate #414477 Report a problem | ||
| 4/12/2016 | Listing removed | $585 |
Source: Carl Turlington Real Estate, Inc Report a problem | ||
| 2/22/2016 | Listed for rent | $585 |
Source: Carl Turlington Real Estate, Inc Report a problem | ||
| 10/21/2015 | Sold | $5,355-39.1%$1/sqft |
Source: GACAR #365966 Report a problem | ||
| 3/11/2014 | Sold | $8,800-92.7%$2/sqft |
Source: GACAR #347552 Report a problem | ||
| 5/1/2000 | Sold | $120,000$32/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $8,475 +60.5% | $415,000 +167.9% |
| 2024 | $5,281 +6% | $154,880 +10% |
| 2023 | $4,984 +59.3% | $140,800 +10% |
| 2022 | $3,129 -2.1% | $128,000 |
| 2021 | $3,198 +0.2% | $128,000 |
| 2020 | $3,191 -2% | $128,000 |
| 2019 | $3,258 | $128,000 |
| 2018 | $3,258 +8.3% | $128,000 +13.5% |
| 2017 | $3,007 +7.4% | $112,800 |
| 2016 | $2,800 -0.7% | $112,800 |
| 2015 | $2,820 -1.7% | $112,800 |
| 2014 | $2,869 -0.8% | $112,800 |
| 2013 | $2,892 | $112,800 |
| 2012 | -- | $112,800 -15.1% |
| 2011 | -- | $132,800 |
| 2010 | -- | $132,800 |
| 2008 | -- | $132,800 -11.9% |
| 2007 | -- | $150,800 |
| 2006 | -- | $150,800 +37.1% |
| 2005 | -- | $110,000 +13.6% |
| 2004 | -- | $96,800 +21% |
| 2003 | -- | $80,000 |
| 2002 | -- | $80,000 |
| 2001 | -- | $80,000 +300% |
| 2000 | -- | $20,000 |
Find assessor info on the county website
Neighborhood: 32653
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Nearby schools
GreatSchools rating
- 5/10C. W. Norton Elementary SchoolGrades: PK-5Distance: 0.6 mi
- 6/10Gainesville High SchoolGrades: 8-12Distance: 2.4 mi
- 3/10Westwood Middle SchoolGrades: 6-8Distance: 3 mi
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Estimated market value
$508,300
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Estimated market value
$508,300
- Florida
- Alachua County
- Gainesville
- 32653
- 5320 NW 20th Ct
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