306 NE 3RD STREET Gainesville, FL $ 690,000
306 NE 3RD STREET
$ 690,000
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306 NE 3RD STREET

Gainesville, FL, 32601
$ 690,000
Bedrooms3 Baths2.0 Sq 2,854

Monthly Estimate*

$ 4,248

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Multi-Family Home for sale in Gainesville, FL

for $690,000 with 3 bedrooms and 2 full baths. This 2,854 square foot home was built in 1920 on a lot size of 0.27.

Locals know this beautiful Queen Anne house as the Blanding House. Built in 1899 by Horatio Davis, a judge and twice mayor, Lt. General Albert Blanding lived in this home from 1900 – 1910, retaining its ownership until 1958. Nestled in the charming Duckpond neighborhood, this historic property blends timeless character with spacious living just minutes from downtown. Situated on a double lot encompassing a generous .27-acres, the Blanding House offers approximately 2,854 sq. feet of living space. The front of the home is affixed with a plaque from the Historic Preservation of Gainesville, which protects over 1,500 historic structures across five local districts. Victorian porches are one of a kind, aren’t they? Featuring intricate gingerbread trim, this iconic front porch serves as your social hub for entertaining and for comfortable front porch seating, perfect greeting your neighbors and friends. Inside, the residence is currently configured as a duplex, offering two separate living spaces that provide flexibility for a variety of uses. The property features three bedrooms, two kitchens, two bathrooms, and dual staircases. Each floor offers a comfortable living space ideal for tenants, guests, or an owner-occupant seeking additional rental income, featuring its own fully functioning kitchen, living space, bedroom(s), bathroom, and 100-amp service panel. Downstairs is the master bedroom and bath, a laundry room which houses a stacked washer/dryer and the two water heaters that service the home. In addition, there are two large living spaces, and access to the front and south-side porch. In addition, the front living space, with its sliding pocket door, was often used as an additional bedroom. Upstairs are two bed-sitting rooms, each easily accommodating a large bed, desk, couch and several chairs; a bathroom, screened enclosed and open porches, and the attic access. UPDATES include: Dec 2025 water heaters (2), beautifully finished heart pine floors, March 2026 roof, and fire-resistant drywall on the downstairs ceiling. Should you wish to restore the floor plan to a traditional single family home, the owner carefully designed for easy conversion, simply remove one or two downstairs walls, and re-open the rear staircase for upstairs/downstairs access. The double lot provides mature surroundings and outdoor potential—perfect for relaxing, gardening, or enjoying Gainesville’s warm climate, and of course, additional space for tenant parking. Located just minutes from downtown Gainesville, parks, restaurants, and the University of Florida, the property offers a rare combination of historic character, income potential, generous space, and prime location. Whether used as a primary residence, income-producing duplex, or future investment opportunity, this unique Duckpond property offers exceptional potential in one of Gainesville’s most desirable historic neighborhoods. ADDITIONAL COMMENTS: Seller has a recent survey and is willing to split the property into two lots. Splitting the lot into two separate lots will require amended tax parcel ID’s and legal descriptions. Buyer may purchase the duplex on the south 70 feet for $625,000 – see GC538426, with a first right of refusal for the north 50 feet as a separate lot for $99,000.

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Multi-Family Active

Price

$ 690,000

Bedrooms

3

Full Bath

2

Property Type

Multi-Family

Taxes

$ 9,894

Style

Duplex

Lot Size

0.27

Year Built

1920

Town/City

Gainesville

County/Region

Alachua

MLS | Web ID

GC538438

Features
General
Sewer Public Sewer
Heating Natural Gas
Cooling Central Air
Utilities Cable Available Electricity Connected Natural Gas Connected Sewer Connected Street Lights Water Connected
Roof Shingle
Appliances Dishwasher Disposal Dryer Gas Water Heater Range Refrigerator Washer
Zoning U2
Patio/Porch Features Covered Front Porch Porch Screened Side Porch
Construction Materials Other
Year Built 1920
Tenant Pays Electricity
Levels Two
Property Subtype Duplex
Tax Year 2025
Ownership Fee Simple
Additional Parcels Description TBD
County Alachua
New Construction false
Property Type Residential Income
Subdivision Name ORIGINAL GAINESVILLE
Garage Y/N false
Other Structures Shed(s)
Status Active
Directions From the intersection of University Avenue and Main Street travel east on University Avenue for approximately two blocks then turn left onto NE 3rd Street. Continue north for two blocks. 306 NE 3rd Street will be on the left-hand side. Look for sign in yard. You may park in front of the home or immediately to the right of the house.
City GAINESVILLE
Senior Community Y/N false
Number Of Units Total 2
MLS Area 32601 - Gainesville
Lot Size Units Square Feet
Lot Size Square Feet 11761
Carport Y/N false
Listing Terms Cash Conventional
Land Lease Y/N false
Tax Annual Amount 9894.01
Additional Parcels Y/N true
Building Area Units Square Feet
Living Area Units Square Feet
Standard Status Active
Tax Lot 0
Legal Description ORIG GAINESVILLE DB H-383 S 120 FT OF E 100 FT OF BK 5 RG 7 OR 469/447 DEED CALLS FOR 98.75 FT E & W OR 837/292 & OR 4147/0649
Water Access Y/N false
Additional Rooms Family Room Inside Utility
Water View Y/N false
Flood Zone Code X
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Interior
Interior Amenities Crown Molding Thermostat
Flooring Vinyl Hardwood
Furnished Y/N Unfurnished
Air Conditioning Y/N true
Heating Y/N true
Fireplace Y/N false
Laundry Features Inside Laundry Room
Total Bedrooms 3
Total Baths 2
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Exterior
Exterior Amenities Other
Lot Features Corner Lot
Water Source Public
Lot Size Area 11761
Foundation Details Crawlspace
Number of Buildings 1
Lot Size Acres 0.27
Road Surface Type Paved
Private Pool false
Waterfront Y/N false
Number of Lots 2
Road Responsibility Public Maintained Road
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* Excluded Features
List By
Coldwell Banker M.M. Parrish Realtors

Broker

CBirk@mmparrish.com

Email

Affordability Calculator

$5,073
Per Month
84%
16%
0%
Monthly Principal & Interest
$4,248
Monthly Property Taxes
$825
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
3/14/2026$690,000 Listed Price

Map


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306 NE 3RD STREET, Gainesville, FL, 32601 is a Multi-Family Home for sale at $690,000 with 2,854 sqft and a lot size of 0.27. 306 NE 3RD STREET has 3 bedrooms, 2.0 baths, and was built in 1920. The property's zip code is 32601 which is in Gainesville, FL