2200 SE 46TH TERRACE Gainesville, FL $ 240,000
2200 SE 46TH TERRACE
$ 240,000
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2200 SE 46TH TERRACE

Gainesville, FL, 32641
$ 240,000
Bedrooms4 Baths2.0 Sq 1,344

Monthly Estimate*

$ 1,478

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Multi-Family Home for sale in Gainesville, FL

for $240,000 with 4 bedrooms and 2 full baths. This 1,344 square foot home was built in 1963 on a lot size of 0.31.

Investor Opportunity – SE Gainesville Duplex! Well-maintained duplex in a convenient SE Gainesville location offering flexibility for owner-occupancy or investment. Each unit features 2 bedrooms and 1 bathroom, with both sides totaling nearly 1,350 square feet of living space. Ideal for those seeking rental income potential or the option to live in one unit while leasing the other. Each unit offers approximately 672 square feet with a functional layout that includes a spacious great room, large kitchen, and utility room. Durable luxury vinyl plank and laminate flooring run throughout—no carpet in either unit for easy maintenance. Interiors and exteriors have been well cared for. The property features a generous yard with mature trees and ample outdoor space. Conveniently located near shopping, dining, schools, major roadways, and close to Newnans Lake, this duplex offers accessibility and long-term potential. A solid opportunity for investors seeking a versatile, low-maintenance property in Gainesville.

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Multi-Family Active

Price

$ 240,000

Bedrooms

4

Full Bath

2

Property Type

Multi-Family

Taxes

$ 3,965

Style

Duplex

Lot Size

0.31

Year Built

1963

Town/City

Gainesville

County/Region

Alachua

MLS | Web ID

GC537112

Features
General
Sewer Septic Tank
Heating Central Electric
Cooling Central Air
Utilities BB/HS Internet Available Cable Available Electricity Connected Private Public Sewer Connected Underground Utilities Water Connected
Possession Close Of Escrow
Roof Shingle
Appliances Electric Water Heater Exhaust Fan Range Range Hood Refrigerator
Zoning R-1A
Patio/Porch Features None
Construction Materials Block
Pets Allowed Cats OK Dogs OK Yes
Year Built 1963
Tenant Pays Electricity
Levels One
Property Subtype Duplex
Tax Year 2025
Ownership Fee Simple
County Alachua
New Construction false
Property Type Residential Income
Subdivision Name SHADY LAWN ESTATES
Garage Y/N false
Status Active
Directions From Main Street go east on University Avenue for 1 mile. Take a slight right onto SE Hawthorne Road drive for about 2.6 miles then turn right on SE 46th Terrace. The home will be on the right side.
High School Eastside High School-AL
City GAINESVILLE
Senior Community Y/N false
Number Of Units Total 2
MLS Area 32641 - Gainesville
Lot Size Units Square Feet
Lot Size Square Feet 13504
Carport Y/N false
Listing Terms Cash Conventional
Elementary School Lake Forest Elementary School-AL
Land Lease Y/N false
Tax Annual Amount 3965
Middle/Junior High School Abraham Lincoln Middle School-AL
Additional Parcels Y/N false
Virtual Tour https://www.propertypanorama.com/instaview/stellar/GC537112
Building Area Units Square Feet
Living Area Units Square Feet
Standard Status Active
Tax Lot 14
Total Actual Rent 2200
Legal Description SHADY LAWN ESTATES PB B-14 LOTS 14 15 BK B OR 4355/2063 & OR 4527/0388
Water Access Y/N false
Additional Rooms Great Room Inside Utility
Water View Y/N false
Flood Zone Code x
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Interior
Interior Amenities Ceiling Fan(s) Living Room/Dining Room Combo Open Floorplan Primary Bedroom Main Floor Thermostat Window Treatments
Basement Other
Flooring Luxury Vinyl
Furnished Y/N Unfurnished
Air Conditioning Y/N true
Heating Y/N true
Window Features Blinds
Fireplace Y/N false
Laundry Features Electric Dryer Hookup Laundry Room Washer Hookup
Total Bedrooms 4
Total Baths 2
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Exterior
Exterior Amenities None
Parking Features Driveway Open
Lot Features Level
Water Source Public
Lot Size Area 13504
Foundation Details Slab
Number of Buildings 1
Building Area Total 1514
Lot Size Acres 0.31
Road Surface Type Paved Asphalt
Private Pool false
Waterfront Y/N false
Number of Separate Water Meters 2
Number of Separate Electric Meters 2
Road Frontage Type Street Paved
Number of Lots 1
Road Responsibility Public Maintained Road
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* Excluded Features
List By
First Choice Realty Of North Florida Llc

Broker

djohnsonrealty@aol.com

Email

Affordability Calculator

$1,808
Per Month
82%
18%
0%
Monthly Principal & Interest
$1,478
Monthly Property Taxes
$330
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
0 Elementary School
0 Middle School
Eastside High School-AL High School High School
Pricing History
DatePricePrice ChangeDescription
2/11/2026$240,000 Listed Price

Map


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2200 SE 46TH TERRACE, Gainesville, FL, 32641 is a Multi-Family Home for sale at $240,000 with 1,344 sqft and a lot size of 0.31. 2200 SE 46TH TERRACE has 4 bedrooms, 2.0 baths, and was built in 1963. The property's zip code is 32641 which is in Gainesville, FL