Leased Duplex Investment
6110 SW 10TH PLACE Gainesville, FL 32607
6110 SW 10TH PLACE, Gainesville, FL, 32607
$279,000
Pending
For Sale
$279,000
Pending
Fully leased duplex with two 2-bedroom, 1-bath units in the Linton Oaks community.
Property Size1,848 SF
Days on Market486
Property Features for 6110 SW 10TH PLACE
General Information
- Standard status
- Pending
- Size
- 1,848 SF
- Property subtype
- Multi Family
Building Details
- Year Built
- 1981
Listing agency
BHGRE THOMAS GROUP
(352) 514-9980
Listed by
Billy Bennett · License #3591407
(352) 514-9980
Source
Exitrealty
Added: Mar 23, 2025 Updated: Jul 20 at 8:29PM Checked: Jul 21 at 6:09AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of BHGRE THOMAS GROUP
Investment Insights
Based on property information with market context.
This fully leased duplex offers two separate residential units, each configured as 2 bedrooms and 1 bathroom. The property is presented as a residential income asset with income-generating tenancy already in place.
The duplex is located in the Linton Oaks community near I-75, positioned between Tower Road and SW 24th Avenue. It is also described as convenient to Oaks Mall, local hospitals, the University of Florida, and Santa Fe College, along with shopping and dining options.
Overall, the property provides a straightforward two-unit setup designed for rental occupancy, with both units included in the current leased status.
The duplex is located in the Linton Oaks community near I-75, positioned between Tower Road and SW 24th Avenue. It is also described as convenient to Oaks Mall, local hospitals, the University of Florida, and Santa Fe College, along with shopping and dining options.
Overall, the property provides a straightforward two-unit setup designed for rental occupancy, with both units included in the current leased status.
Key Highlights
- Fully leased duplex in the Linton Oaks community (2 units).
- 2 two‑bedroom, 1‑bath units in the duplex.
- Year built: 1981.
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 | $27.7k | $15.00 |
| − Vacancy | −$1.8k | −$0.98 |
| EGI | $25.9k | $14.03 |
| − OpEx | −$7.8k | −$4.21 |
| NOI | $18.1k | $9.82 |
1,848 SF · lease $15.00/SF/yr · vacancy 6.50% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$259.2K
$226.8K – $302.4K
NOI $18,143 @ 7.0% cap · market cap 6.50%
Second Best
Apartment 5plus
$232.6K
$203.5K – $271.3K
NOI $16,280 @ 7.0% cap · market cap 5.84%
Theoretical Best
Office A
$457.7K
$400.5K – $534.0K
NOI $32,040 @ 7.0% cap · market cap 11.48%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Duplexes
Similar For Sale Nearby
FAQs
What type of property is this?
Duplex - Fully leased duplex with two 2-bedroom, 1-bath units in the Linton Oaks community.
Where is this duplex located?
The property is located at 6110 SW 10TH PLACE Gainesville, FL.
What is the asking price?
The asking price for this property is $279,000.
What are key features of this property?
This property features: Fully leased duplex in the Linton Oaks community (2 units).; 2 two‑bedroom, 1‑bath units in the duplex.; Year built: 1981.
