1102 NW 3RD AVENUE Gainesville, FL $ 698,000
1102 NW 3RD AVENUE
$ 698,000
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1102 NW 3RD AVENUE

Gainesville, FL, 32601
$ 698,000
Bedrooms7 Baths4.0 Sq 2,826

Monthly Estimate*

$ 4,355

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Multi-Family Home for sale in Gainesville, FL

for $698,000 with 7 bedrooms and 4 full baths. This 2,826 square foot home was built in 1958 on a lot size of 0.11.

Midtown Investment Opportunity | 6/2 Duplex + 1/1 Studio – Fully Leased Through July 2026 Located in the heart of Gainesville’s Midtown district, just steps from UF and surrounded by high-demand student housing, this property offers immediate income and long-term upside. The 2,800 sq. ft. duplex features two spacious 3-bedroom/1-bath units, each with a full kitchen and in-unit washer/dryer. A detached 1-bedroom/1-bath studio (~500 sq. ft.) adds even more rental flexibility. Currently generating $4,800/month in gross rent and fully leased through July 2026, this property provides investors with stable cash flow today and strong potential for higher returns at lease renewal. With unbeatable walkability to campus, nightlife, and downtown, and consistent student demand year after year, this 3-unit property is a turnkey investment in one of Gainesville’s most sought-after rental markets.

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Multi-Family Active

Price

$ 698,000

Bedrooms

7

Full Bath

4

Property Type

Multi-Family

Taxes

$ 11,922

Style

Duplex

Lot Size

0.11

Year Built

1958

Town/City

Gainesville

County/Region

Alachua

MLS | Web ID

GC533911

Features
General
Sewer Public Sewer
Heating Electric
Cooling Mini-Split Unit(s)
Utilities Electricity Connected Water Connected
Roof Metal
Zoning RMF5
Construction Materials Wood Frame
Year Built 1958
Levels Two
Property Subtype Duplex
Tax Year 2024
Ownership Fee Simple
County Alachua
New Construction false
Property Type Residential Income
Attached Garage false
Subdivision Name BROWNS ADD -HICKSON REP
Garage Y/N false
Status Active
Directions Driving north or south from 6th Street Main Street or Waldo Rd/301 to University Avenue turn west. Proceed westward up until NW 10th Street turn north make a left on 3rd avenue home is on the corner one block up. In reference to the location of the University of Florida. The northeastern corner of the university is on 13th Street/441 and University Avenue. This property is located on 11th Street and 3rd Avenue.
City GAINESVILLE
Senior Community Y/N false
Number Of Units Total 3
MLS Area 32601 - Gainesville
Lot Size Units Square Feet
Lot Size Square Feet 4792
Carport Y/N false
Listing Terms Cash Conventional
Property Attached Y/N true
Land Lease Y/N false
Tax Annual Amount 11922.55
Property Condition Completed
Additional Parcels Y/N false
Lease Considered Y/N true
Virtual Tour https://www.propertypanorama.com/instaview/stellar/GC533911
Building Area Units Square Feet
Living Area Units Square Feet
Standard Status Active
Tax Lot 26
Total Actual Rent 4800
Legal Description BROWN ADDN BK 11 PB A-64 HICKSON REPLAT PB B-50 LOT 26 OR 4587/0062
Minimum Lease No Minimum
Water Access Y/N false
Water View Y/N false
Flood Zone Code X
DockY/N false
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Interior
Interior Amenities Solid Wood Cabinets
Air Conditioning Y/N true
Heating Y/N true
Fireplace Y/N false
Laundry Features Laundry Closet Laundry Room Same Floor As Condo Unit
Total Bedrooms 7
Total Baths 4
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Exterior
Exterior Amenities Private Mailbox
Water Source Public
Lot Size Area 4792
Foundation Details Crawlspace
Number of Buildings 2
Building Area Total 2896
Lot Dimensions 50 x 95
Lot Size Acres 0.11
Road Surface Type Asphalt
Private Pool false
Waterfront Y/N false
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* Excluded Features
List By
Coldwell Banker M.M. Parrish Realtors

Broker

luisrodriguez1129@gmail.com

Email

Affordability Calculator

$5,348
Per Month
81%
19%
0%
Monthly Principal & Interest
$4,355
Monthly Property Taxes
$994
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
4827338 Elementary School
4827337 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
12/19/2025$698,000 Listed Price

Map


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1102 NW 3RD AVENUE, Gainesville, FL, 32601 is a Multi-Family Home for sale at $698,000 with 2,826 sqft and a lot size of 0.11. 1102 NW 3RD AVENUE has 7 bedrooms, 4.0 baths, and was built in 1958. The property's zip code is 32601 which is in Gainesville, FL