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Key Details
Sold Price $525,000
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Sold
Purchase Type For Sale
Square Footage 3,660 sqft
Price per Sqft $143
Subdivision Tower Village Iii
MLS Listing ID R4910524
Sold Date 03/13/26
Bedrooms 8
HOA Y/N No
Year Built 1981
Annual Tax Amount $10,542
Lot Size 0.350 Acres
Acres 0.35
Property Sub-Type Quadruplex
Source Stellar MLS
Property Description
Renovated Gainesville, FL Quadruplex for sale. Located in the Tower Village subdivision, this single structure concrete block property is comprised of four townhome style 2BR/1BA units, each roughly 915 sqft.
Strong rental income: Two units are currently leased at $1,400/month & $1,300/month. One unit is currently owner occupied. One unit is vacant with rental applications being reviewed, and is available for tours. Net-income listed is pro-forma estimate.
This property has plenty of upgrades including but not limited to: 2021 asphalt shingle roof, two 2019 HVAC systems, three new water heaters. All units have new granite countertops, and new stainless steel appliances (Fridges, Dishwashers, Stoves). Several units have new flooring, fixtures, and upgraded bathrooms.
This property is professionally managed and extremely well-maintained. Located less than 15 minutes away from the University of Florida and major retail/shopping centers. If you are looking for a turnkey, great location investment property with strong rental rates, this is the perfect opportunity.
Location
State FL
County Alachua
Community Tower Village Iii
Area 32608 - Gainesville
Zoning PD
Rooms
Other Rooms Storage Rooms
Interior
Interior Features Ceiling Fans(s), Kitchen/Family Room Combo, PrimaryBedroom Upstairs, Stone Counters
Heating Central, Electric
Cooling Central Air
Flooring Ceramic Tile, Vinyl
Fireplace false
Laundry Electric Dryer Hookup, Inside, Laundry Closet, Laundry Room, Washer Hookup
Exterior
Exterior Feature Private Yard, Rain Gutters, Sidewalk, Sliding Doors
Utilities Available Cable Connected, Electricity Connected, Public, Sewer Connected, Water - Multiple Meters, Water Connected
Roof Type Shingle
Porch Covered, Front Porch, Patio, Porch, Rear Porch
Garage false
Private Pool No
Building
Entry Level Two
Foundation Block
Lot Size Range 1/4 to less than 1/2
Sewer Public Sewer
Water Public
Structure Type Block,Concrete,Wood Siding
New Construction false
Others
Senior Community No
Ownership Fee Simple
Acceptable Financing Cash, Conventional, FHA, Other, USDA Loan, VA Loan
Listing Terms Cash, Conventional, FHA, Other, USDA Loan, VA Loan
Special Listing Condition None
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© 2026 My Florida Regional MLS DBA Stellar MLS. All Rights Reserved.
Bought with Teresa Osoba SWANZ PREMIER REALTY LLC
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Valerie Dailey
Broker, Owner, GRI, ePro, PSA, C2EX | License ID: 3143790
Broker, Owner, GRI, ePro, PSA, C2EX License ID: 3143790