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2321 SW 31ST PL Gainesville, FL 32608
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Key Details
Sold Price $437,500
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Sold
Purchase Type For Sale
Square Footage 3,360 sqft
Price per Sqft $130
Subdivision Phoenix Sub Ph Ii Napier Grt
MLS Listing ID GC540860
Sold Date 09/15/26
Bedrooms 8
Construction Status Completed
HOA Fees $41/Semi-Annually
HOA Y/N Yes
Annual Recurring Fee 1000.0
Year Built 1983
Annual Tax Amount $8,269
Lot Size 9,147 Sqft
Acres 0.21
Property Sub-Type Quadruplex
Source Stellar MLS
Property Description
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.
Location
State FL
County Alachua
Community Phoenix Sub Ph Ii Napier Grt
Area 32608 - Gainesville
Zoning PD
Rooms
Other Rooms Great Room, Inside Utility
Interior
Interior Features Ceiling Fans(s), Living Room/Dining Room Combo, Open Floorplan, Primary Bedroom Main Floor, Thermostat
Heating Central, Electric
Cooling Central Air
Flooring Ceramic Tile, Luxury Vinyl
Fireplaces Type Living Room, Wood Burning
Furnishings Unfurnished
Fireplace true
Appliance Dishwasher, Disposal, Electric Water Heater, Exhaust Fan, Range, Range Hood, Refrigerator
Laundry Inside, Laundry Closet
Exterior
Exterior Feature None, Sidewalk
Parking Features Open
Community Features None, Street Lights
Utilities Available BB/HS Internet Available, Cable Available, Electricity Connected, Public, Sewer Connected, Underground Utilities, Water Connected
View Y/N No
Water Access No
Roof Type Metal
Porch None
Garage false
Private Pool No
Building
Lot Description Corner Lot, City Limits, Level, Near Public Transit, Sidewalk, Paved
Entry Level One
Foundation Slab
Lot Size Range 0 to less than 1/4
Sewer Public Sewer
Water Public
Structure Type Block,Frame
New Construction false
Construction Status Completed
Schools
Elementary Schools Idylwild Elementary School-Al
Middle Schools Kanapaha Middle School-Al
High Schools Eastside High School-Al
Others
Pets Allowed Cats OK, Dogs OK, Yes
Senior Community No
Ownership Fee Simple
Monthly Total Fees $83
Acceptable Financing Cash, Conventional, FHA, VA Loan
Membership Fee Required Required
Listing Terms Cash, Conventional, FHA, VA Loan
Special Listing Condition None
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© 2026 My Florida Regional MLS DBA Stellar MLS. All Rights Reserved.
Bought with Shawn Spence-Thomas COLDWELL BANKER M.M. PARRISH REALTORS
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