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Sold for $450,000
  • $450,000

    7225 SW 42nd Pl, Gainesville, FL 32608

    8beds
    4baths
    3,214sqft
    Quadruplex, Multi Family
    Built in 1980
    -- sqft lot
    $500,100 Zestimate®
    $140/sqft
    $1,505 Estimated rent

    Home value

    $500,100

    $455,000 - $550,000

    $1,505/mo

    Zestimate® history
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    What's special

    Fantastic income property opportunity with this well-located quadplex in the Tower Village community. Perfect for seasoned investors looking to expand their portfolio or newcomers eager to enter the property market, this multi-family dwelling offers both potential and convenience. Each of the four units features a comfortable 2-bedroom, 1-bath layout. Currently, one out of the four units is leased, providing immediate rental income and a foundation for future growth. Walking distance to public park & botanical gardens and this property is just a stone's throw from public transportation options and is conveniently located near I-75. Plus, it’s a mere 15 minutes from the University of Florida and Shands Hospital, making it an attractive option for short term rentals, college students, and medical professionals alike. Don't miss this chance to secure a prime investment in a thriving community. Whether you're looking to build your portfolio or start your investment journey, this quadplex is a smart choice!

    Zillow last checked:

    Listing updated:

    Listing Provided by:

    Natalie Thomas 352-219-8365,

    MILLER REAL ESTATE 352-872-5704

    Bought with:

    Tatiana Rey, 3342193

    TRC REALTY GROUP

    Source: Stellar MLS,MLS#: GC517467MLS LogoOriginating MLS: Gainesville-Alachua

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 8
    • Bathrooms: 4
    Heating
    • Electric
    Cooling
    • Central Air
    Appliances
    • Included: Dishwasher, Range Hood, Refrigerator
    Features
    • Ceiling Fan(s), Living Room/Dining Room Combo, Other, Thermostat
    • Flooring: Laminate, Tile
    • Has fireplace: No
    Interior area
    • Total structure area: 3,450
    • Total interior livable area: 3,214 sqft

    Property

    Features
    • Levels: One
    • Stories: 1
    • Exterior features: Other
    Lot
    • Size: 0.34 Acres
    Details
    • Parcel number: 06886004000
    • Zoning: PD
    • Special conditions: None

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Quadruplex, Multi Family
    Materials
    • Block, Concrete
    • Foundation: Block
    • Roof: Shingle
    Condition
    • New construction: No
    • Year built: 1980

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public
    • Utilities for property: Cable Available, Electricity Connected, Fire Hydrant, Water Connected

    Community & neighborhood

    Location
    • Region: Gainesville
    • Subdivision: TOWER VILLAGE REP

    HOA & financial

    HOA
    • Has HOA: No
    Other fees
    • Pet fee: $0 monthly
    Other financial information
    • Total actual rent: 4500

    Other

    Other facts
    • Listing terms: Cash,Conventional
    • Ownership: Fee Simple
    • Road surface type: Asphalt

    Price history

    DateEventPrice
    11/9/2024Sold$450,000+16.9%$140/sqft
    Source: Stellar MLS #GC517467 Report a problem
    10/1/2024Pending sale$384,900$120/sqft
    Source: Stellar MLS #GC517467 Report a problem
    9/30/2024Listing removed$384,900$120/sqft
    Source: Stellar MLS #GC525351 Report a problem
    9/25/2024Listed for sale$384,900-30%$120/sqft
    Source: Stellar MLS #GC525351 Report a problem
    7/17/2024Listing removed--
    Source: Stellar MLS #GC517467 Report a problem
    1/18/2024Price change$550,000+7.8%$171/sqft
    Source: Stellar MLS #GC517467 Report a problem
    1/4/2024Listed for sale$510,000$159/sqft
    Source: Stellar MLS #GC517467 Report a problem
    11/21/2023Listing removed--
    Source: Stellar MLS #GC517467 Report a problem
    11/16/2023Listed for sale$510,000$159/sqft
    Source: Stellar MLS #GC517467 Report a problem
    4/30/2022Listing removed--
    Source: Zillow Rental Network_1 Report a problem
    2/19/2022Listed for rent$1,200+41.2%
    Source: Zillow Rental Network_1 Report a problem
    3/24/2021Listing removed--
    Source: Owner Report a problem
    4/16/2019Listing removed$850
    Source: Owner Report a problem
    3/10/2019Price change$850+6.3%
    Source: Owner Report a problem
    2/28/2019Price change$800-11.1%
    Source: Owner Report a problem
    2/15/2019Listed for rent$900
    Source: Owner Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$9,433 +63.3%$400,977 +114.7%
    2024$5,776 +12.6%$186,744 +10%
    2023$5,130 +11.2%$169,767 +10%
    2022$4,616 +4%$154,333 +10%
    2021$4,437 +7.8%$140,303 +10%
    2020$4,115 +16.9%$127,548 +10%
    2019$3,521 $115,953 -18.1%
    2018$3,521 -7.7%$141,500 +12.3%
    2017$3,814 +6%$126,000 +22.9%
    2016$3,598 +11.3%$102,500 -3.1%
    2015$3,232 -2.8%$105,800 -3.4%
    2014$3,325 -4.5%$109,500 -2.9%
    2013$3,480 $112,800 -1.4%
    2012-- $114,400 -5.5%
    2011-- $121,000 -13.8%
    2010-- $140,400 -7.5%
    2009-- $151,800 -2.6%
    2008-- $155,900 +0.6%
    2007-- $155,000 +33.4%
    2006-- $116,200 +15.5%
    2005-- $100,600 +22.5%
    2004-- $82,100 +19.9%
    2003-- $68,500
    2002-- $68,500 +0.6%
    2001-- $68,100 +14.5%
    2000-- $59,500

    Find assessor info on the county website

    Neighborhood: 32608

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Elementary: Kimball Wiles Elementary School-AL
    • Middle: Kanapaha Middle School-AL
    • High: F. W. Buchholz 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
    $500,100
    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
    $500,100