203 NW 15TH STREET Gainesville, FL $ 2,000,000
203 NW 15TH STREET
$ 2,000,000
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203 NW 15TH STREET

Gainesville, FL, 32603
$ 2,000,000
Baths0.0 Sq 4,433

Monthly Estimate*

$ 12,314

203 NW 15TH STREET, Gainesville, FL 32603 - Image 1
203 NW 15TH STREET, Gainesville, FL 32603 - Image 2
Studio

Multi-Family Home for sale in Gainesville, FL

for $2,000,000. This 4,433 square foot home was built in 1920 on a lot size of 0.35.

Incredible Investment Opportunity – 8-Unit Portfolio Just TWO Blocks From UF! This prime-location portfolio offers unbeatable walkability to the University of Florida—just a short stroll from campus—and sits within the highly desirable U5 zoning district, opening the door to strong long-term value. All 8 units are fully leased through July 2027, providing immediate, stable income from day one. Property Highlights- Six (6) One-Bed/One-Bath Units, Each unit includes a full kitchen, living area, and a private bathroom & In-unit washer & dryer, stylish LVP flooring throughout. Each apartment has one assigned parking space per unit These are clean, efficient layouts that stay rented with ease. The corner Duplex (Two 1/1 Units) features a spacious living/dining combo, full kitchen, and private bath & one parking space per unit Fantastic visibility on the corner lot This rare offering is perfect for investors looking to grow their Gainesville portfolio with solid cash flow, premium location, and built-in stability. Properties this close to UF—with strong leases in place—don’t hit the market often!

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Multi-Family Active

Price

$ 2,000,000

Bedrooms

Studio

Property Type

Multi-Family

Taxes

$ 33,237

Style

Lot Size

0.35

Year Built

1920

Town/City

Gainesville

County/Region

Alachua

MLS | Web ID

GC535966

Features
General
Sewer Public Sewer
Heating Central
Cooling Central Air Wall/Window Unit(s)
Utilities Public
Roof Shingle
Zoning RMU
Construction Materials Block Other Wood Frame
Year Built 1920
Tax Year 2025
Ownership Fee Simple
Gross Income 110000
County Alachua
New Construction false
Property Type Residential Income
Subdivision Name BROWN B W ORRS SUB
Garage Y/N false
Status Active
Directions From I 75 Head East on University Avenue until you reach NW 15th Street. Make a left and then take a right on NW 2nd avenue. Duplex is on NW 15th street/NW 2nd Avenue and 6 plex is also on NW 2nd avenue right next door
City GAINESVILLE
Senior Community Y/N false
Number Of Units Total 8
MLS Area 32603 - Gainesville
Lot Size Units Square Feet
Lot Size Square Feet 15246
Carport Y/N false
Land Lease Y/N false
Tax Annual Amount 33237
Property Condition Completed
Additional Parcels Y/N false
Building Area Units Square Feet
Living Area Units Square Feet
Standard Status Active
Tax Lot 7
Legal Description ORR S/D PB A-76 LOTS 7 8 & 9 BK 3 OR 5043/2443
Water Access Y/N false
Water View Y/N false
Flood Zone Code X
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Interior
Interior Amenities Other Window Treatments
Air Conditioning Y/N true
Heating Y/N true
Fireplace Y/N false
Laundry Features Inside
Total Bedrooms 0
Total Baths 0
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Exterior
Exterior Amenities Sidewalk
Water Source Public
Lot Size Area 15246
Foundation Details Crawlspace Slab
Number of Buildings 2
Lot Size Acres 0.35
Road Surface Type Asphalt
Private Pool false
Waterfront Y/N false
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* Excluded Features
List By
Cornerstone Realty & Management Services Llc

Broker

jamie@cmsflorida.com

Email

Affordability Calculator

$15,084
Per Month
82%
18%
0%
Monthly Principal & Interest
$12,314
Monthly Property Taxes
$2,770
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% 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$2,000,000 Listed Price

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203 NW 15TH STREET, Gainesville, FL, 32603 is a Multi-Family Home for sale at $2,000,000 with 4,433 sqft and a lot size of 0.35. 203 NW 15TH STREET is a studio with 0.0 baths and was built in 1920. The property's zip code is 32603 which is in Gainesville, FL