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713 SW 69 Street, Gainesville, FL, 32607
Cedar Ridge Duplex with Balconies

713 SW 69 Street Gainesville, FL 32607

For Sale
$251,900

MULTI_FAMILY - GAINESVILLE, FL

Property Size1,800 SF
Lot Size0.21 Acres
Price / SF$139.94
Days on Market46

Property Features for 713 SW 69 Street

General Information

Property type Residential Multi Family
Property subtype Duplex
Zoning R-3
Bedrooms 4
Bathrooms 4
Rooms Bedroom 1, Bedroom 4, Bathroom 4, Bedroom 2, Bathroom 1, Bedroom 3, Bathroom 3, Bathroom 2
Interior features Ceiling Fans(s), PrimaryBedroom Upstairs
Exterior features Balcony
Appliances Cooktop, Electric Water Heater, Range, Refrigerator
Standard status Active
APN 06655-053-025
Size 1,800 SF
Lot size 0.21 Acres

Taxes and HOA fees

Tax Year 2026
Tax Description CEDAR RIDGE PB K-8 LOT 25 BK C OR 4487/1262
Tax Annual Amount 2921

Utilities

Utilities Cable Available
Sewer type Public Sewer
Heating system Electric (Heating)
Cooling system Central Air
Water source Public

Building Details

Year built 1980
Floors in Building 2
Number of units 1
Flooring type Laminate, Tile - Ceramic
Building materials Block, Frame
Roof type Shingle
Listing Agency: GREEN TREE REALTY INC
Listed By: Hong-Loan Ngo · License #3118935
Added: Jun 12 Changed: Jul 22 Last Checked: Jul 27 at 9:06PM
MLS# GC541164

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.

This Cedar Ridge duplex features concrete block construction and provides a two-bedroom, one full-bath layout with balconies upstairs. Each unit includes a toilet, living room, kitchen, and laundry downstairs.

The property is offered for sale and for lease and is located conveniently near Home Depot and Oaks Mall. The roof is approximately 10+ years old. The lot size is 0.21 acres.

Zoning is listed as R-3.

Key Highlights

  • Cedar Ridge duplex offered for sale or lease with no HOA
  • Concrete block with frame construction; roof shingle appx. 10+ years old
  • Upstairs primary bedroom and balconies upstairs

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 $27.0k $15.00
− Vacancy −$1.8k −$0.98
EGI $25.2k $14.03
− OpEx −$7.6k −$4.21
NOI $17.7k $9.82
1,800 SF · lease $15.00/SF/yr · vacancy 6.50% · expense 30.00%

Alternative Uses

Best Use
Multifamily LT 5
$252.5K
$220.9K – $294.5K (±1% cap)
NOI $17,672 @ 7.0% cap · market cap 7.02%
Second Best
Apartment 5plus
$226.5K
$198.2K – $264.3K (±1% cap)
NOI $15,857 @ 7.0% cap · market cap 6.29%
Theoretical Best
Office A
$445.8K
$390.1K – $520.1K (±1% cap)
NOI $31,208 @ 7.0% cap · market cap 12.39%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Property Profile Location Intelligence

Current Use

Duplexes

Suggested Use

Top Pick Auto Parts Store HVAC Service Electrical Service Kitchen & Bath Showroom Garden Center Plumbing Service

Zoning and permitted uses should be independently verified with authorities.

Frequently Asked Questions

What type of property is this?
Duplex - Concrete block duplex offers two-bedroom units with balconies and laundry space in a no-HOA setting.
Where is this duplex located?
The property is located at 713 SW 69 Street Gainesville, FL.
What is the asking price?
The asking price for this property is $251,900.
What are key features of this property?
This property features: Cedar Ridge duplex offered for sale or lease with no HOA; Concrete block with frame construction; roof shingle appx. 10+ years old; Upstairs primary bedroom and balconies upstairs
More about this property
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