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!
Sold for $450,000
$450,000
7225 SW 42ND PLACE, GAINESVILLE, FL 32608
8beds
4baths
3,214sqft
Quadruplex, Multi Family
Built in 1980
-- sqft lot
$501,200 Zestimate®
$140/sqft
$1,420 Estimated rent
Home value
$501,200
$451,000 - $556,000
$1,420/mo
Zestimate® history
Owner options
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$1,420/mo
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$1,420/mo
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$3,223/mo
Est. payment
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$3,223/mo
Est. payment
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Zillow last checked:
Listing updated:
Listed by:
Natalie Thomas 352-219-8365,
MILLER REAL ESTATE 352-872-5704
Bought with:
Tatiana Rey, 3342193
TRC REALTY GROUP
Source: Stellar MLS,MLS#: GC517467
Originating MLS: Gainesville-Alachua
Originating 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 & HOA
Community
- Pet fee: $0 monthly
- Subdivision: TOWER VILLAGE REP
HOA
- Has HOA: No
Location
- Region: Gainesville
Financial & listing details
- Price per square foot: $140/sqft
- Tax assessed value: $400,977
- Annual tax amount: $5,130
- Date on market: 11/15/2023
- Cumulative days on market: 198 days
- Listing terms: Cash,Conventional
- Ownership: Fee Simple
- Total actual rent: 4500
- Electric utility on property: Yes
- Road surface type: Asphalt
Price history
| Date | Event | Price |
|---|---|---|
| 11/9/2024 | Sold | $450,000+16.9%$140/sqft |
Source:  Stellar MLS #GC517467 Report a problem | ||
| 10/1/2024 | Pending sale | $384,900$120/sqft |
Source: Stellar MLS #GC517467 Report a problem | ||
| 9/30/2024 | Listing removed | $384,900$120/sqft |
Source: Stellar MLS #GC525351 Report a problem | ||
| 9/25/2024 | Listed for sale | $384,900-30%$120/sqft |
Source: Stellar MLS #GC525351 Report a problem | ||
| 7/17/2024 | Listing removed | -- |
Source: Stellar MLS #GC517467 Report a problem | ||
| 1/18/2024 | Price change | $550,000+7.8%$171/sqft |
Source: Stellar MLS #GC517467 Report a problem | ||
| 1/4/2024 | Listed for sale | $510,000$159/sqft |
Source: Stellar MLS #GC517467 Report a problem | ||
| 11/21/2023 | Listing removed | -- |
Source: Stellar MLS #GC517467 Report a problem | ||
| 11/16/2023 | Listed for sale | $510,000$159/sqft |
Source: Stellar MLS #GC517467 Report a problem | ||
| 4/30/2022 | Listing removed | -- |
Source: Zillow Rental Network_1 Report a problem | ||
| 2/19/2022 | Listed for rent | $1,200+41.2% |
Source: Zillow Rental Network_1 Report a problem | ||
| 3/24/2021 | Listing removed | -- |
Source: Owner Report a problem | ||
| 4/16/2019 | Listing removed | $850 |
Source: Owner Report a problem | ||
| 3/10/2019 | Price change | $850+6.3% |
Source: Owner Report a problem | ||
| 2/28/2019 | Price change | $800-11.1% |
Source: Owner Report a problem | ||
| 2/15/2019 | Listed for rent | $900 |
Source: Owner Report a problem | ||
Public tax history
| Year | Property taxes | Tax 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 homes
- $--2 bd1 ba850 sqft7225 SW 42nd Pl APT D, Gainesville, FL 32608Off Market
- $--2 bd1 ba850 sqft7225 SW 42nd Pl APT C, Gainesville, FL 32608Off Market
- $--2 bd1 ba-- sqft7225 SW 42nd Pl APT A, Gainesville, FL 32608Off Market
- $--2 bd1 ba850 sqft7225 SW 42nd Pl APT B, Gainesville, FL 32608Off Market
- $501,3002 bd1 ba800 sqft7410 SW 42nd Pl APT A, Gainesville, FL 32608Off Market
- $--2 bd1 ba875 sqft7215 SW 42nd Pl #603B, Gainesville, FL 32608Off Market
- $363,8142 bd1 ba-- sqft7305 SW 42nd Pl, Gainesville, FL 32608Off Market
- $260,0002 bd1 ba870 sqft7220 SW 42nd Pl, Gainesville, FL 32608Sold
Nearby schools
GreatSchools rating
- 6/10Kimball Wiles Elementary SchoolGrades: PK-5Distance: 0.3 mi
- 7/10Kanapaha Middle SchoolGrades: 6-8Distance: 0.6 mi
- 6/10F. W. Buchholz High SchoolGrades: 9-12Distance: 4.5 mi
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
$501,200
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
$501,200
- Florida
- Alachua County
- Gainesville
- 32608
- 7225 SW 42ND PLACE
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