2321 SW 31ST PLACE Gainesville, FL $ 469,900
2321 SW 31ST PLACE
$ 469,900
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2321 SW 31ST PLACE

Gainesville, FL, 32608
$ 469,900
Bedrooms8 Baths4.0 Sq 3,360

Monthly Estimate*

$ 2,893

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Multi-Family Home for sale in Gainesville, FL

for $469,900 with 8 bedrooms and 4 full baths. This 3,360 square foot home was built in 1983 on a lot size of 0.21.

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.

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Multi-Family Active

Price

$ 469,900

Bedrooms

8

Full Bath

4

Property Type

Multi-Family

Taxes

$ 8,269

Style

Quadruplex

Lot Size

0.21

Year Built

1983

Town/City

Gainesville

County/Region

Alachua

MLS | Web ID

GC540860

Features
General
Sewer Public Sewer
Heating Central Electric
Cooling Central Air
Utilities BB/HS Internet Available Cable Available Electricity Connected Public Sewer Connected Street Lights Underground Utilities Water Connected
Possession Close Of Escrow
Roof Metal
Appliances Dishwasher Disposal Electric Water Heater Exhaust Fan Range Range Hood Refrigerator
Zoning PD
HOA Fee 500
Patio/Porch Features None
Construction Materials Block Wood Frame
Pets Allowed Cats OK Dogs OK Yes
Year Built 1983
Tenant Pays Electricity Sewer Water
Levels One
Property Subtype Quadruplex
Tax Year 2025
Ownership Fee Simple
Gross Income 52800
Community Features None
Assoc Fee Paid Per Semi-Annually
County Alachua
New Construction false
Property Type Residential Income
Subdivision Name PHOENIX SUB PH II NAPIER GRT
Garage Y/N false
Status Active
Directions SW Archer Rd turn right onto make right into Phoenix and building is the first on the left
High School Eastside High School-AL
City GAINESVILLE
Association Name Phoenix Association/Lucy McCullough
Senior Community Y/N false
Number Of Units Total 4
MLS Area 32608 - Gainesville
Lot Size Units Square Feet
Lot Size Square Feet 9148
Carport Y/N false
Listing Terms Cash Conventional FHA VA Loan
Elementary School Idylwild Elementary School-AL
Land Lease Y/N false
Tax Annual Amount 8269.67
Middle/Junior High School Kanapaha Middle School-AL
Property Condition Completed
Ok to Lease 12 Months
Additional Parcels Y/N false
Lease Considered Y/N true
Virtual Tour https://www.propertypanorama.com/instaview/stellar/GC540860
Building Area Units Square Feet
Living Area Units Square Feet
Standard Status Active
Occupancy Type Tenant
Tax Lot 1
Total Actual Rent 4400
Legal Description PHOENIX S/D PHASE 2 PB K-33 LOT 1 OR 2226/1792 & OR 3080/1347
Minimum Lease No Minimum
Water Access Y/N false
Monthly HOA Amount 83.33
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
Flooring Ceramic Tile Luxury Vinyl
Furnished Y/N Unfurnished
Fireplace Features Living Room Wood Burning
Air Conditioning Y/N true
Heating Y/N true
Window Features Wood Frames
Fireplace Y/N true
Laundry Features Inside Laundry Closet
Total Bedrooms 8
Total Baths 4
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Exterior
Exterior Amenities None Sidewalk
Parking Features Open
Lot Features Corner Lot City Lot Level Near Public Transit Sidewalk
Water Source Public
Lot Size Area 9148
Foundation Details Slab
Number of Buildings 1
Building Area Total 3360
Lot Size Acres 0.21
Road Surface Type Paved Asphalt
Private Pool false
Waterfront Y/N false
Number of Separate Water Meters 4
Number of Separate Electric Meters 4
Road Frontage Type Street Paved
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* Excluded Features
List By
First Choice Realty Of North Florida Llc

Broker

djohnsonrealty@aol.com

Email

Affordability Calculator

$3,582
Per Month
81%
19%
0%
Monthly Principal & Interest
$2,893
Monthly Property Taxes
$689
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
6/12/2026$469,900 Listed Price

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2321 SW 31ST PLACE, Gainesville, FL, 32608 is a Multi-Family Home for sale at $469,900 with 3,360 sqft and a lot size of 0.21. 2321 SW 31ST PLACE has 8 bedrooms, 4.0 baths, and was built in 1983. The property's zip code is 32608 which is in Gainesville, FL