2321 SW 31ST PLACE Gainesville, FL 32608
Quadruplex - GAINESVILLE, FL
Property Features for 2321 SW 31ST PLACE
General Information
- Property type
- Residential Multi Family
- Property subtype
- Quadruplex
- Zoning
- PD
- Bedrooms
- 8
- Rooms
- Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4, Bedroom 5
- Parking features
- Open
- Pets allowed
- Cats OK, Dogs OK, Yes
- Interior features
- Ceiling Fans(s), Living Room/Dining Room Combo, Open Floorplan, Primary Bedroom Main Floor, Thermostat
- Exterior features
- Corner Lot, Level, Paved, Sidewalk
- Fireplace
- 1
- Appliances
- Dishwasher, Garbage Disposer, Range, Refrigerator, Washer
- Standard status
- Active
- APN
- 07314-010-001
- Size
- 3,360 SF
- Lot size
- 0.21 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Annual Amount
- 8269.67
- Expense value
- 83.330001831055
- Expense
- Home Owner Assessments Fee
- Expense freq.
- Monthly
Utilities
- Heating system
- Central, Electric (Heating), Fireplace(s)
- Cooling system
- Central Air
Building Details
- Year built
- 1983
- Number of units
- 4
- Flooring type
- Tile, Tile - Ceramic, Vinyl
- Building materials
- Block, Frame
- Roof type
- Metal
- Architectural style
- Other
Listing agent Dawn Johnson License #3100360 (352) 514-9508
Listing office FIRST CHOICE REALTY OF NORTH FLORIDA LLC 414 SW 140 TER #120, Gainesville, FL (352) 514-9508
Listing date Jun 11, 2026
Copyright © 2026 Stellar MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
Located in Gainesville, the property address is 2321 SW 31ST PLACE in Alachua County. The listing notes convenient proximity to shopping, dining, public transportation, parks, and major roadways. Nearby destinations identified 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.
The four units are currently leased, supporting immediate occupancy. The listing reports gross rental income of $4,400 per month ($52,800 annually). With all units in place and a newer metal roof, the property may appeal to investors seeking a fully leased multifamily asset in Gainesville. For additional information, financial details, or a showing, contact the listing agent.
Key Highlights
- Four 2‑bedroom, 1‑bath units (quadplex) with each unit featuring a living room/dining room combo and open floorplan
- All four units are currently leased, generating $4,400/month gross rental income ($52,800 annually)
- Metal roof installed in 2022
Local Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $50.4k | $15.00 |
| − Vacancy | −$3.3k | −$0.98 |
| EGI | $47.1k | $14.03 |
| − OpEx | −$14.1k | −$4.21 |
| NOI | $33.0k | $9.82 |
