Cedar Ridge Duplex with
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 Market42
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
(352) 377-0020
Listed By:
Hong-Loan Ngo · License #3118935
(352) 871-8878
Added: Jun 12
Changed: Jul 22
Last Checked: Jul 23 at 2:06PM
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.
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
NOI $17,672 @ 7.0% cap · market cap 7.02%
Second Best
Apartment 5plus
$226.5K
$198.2K – $264.3K
NOI $15,857 @ 7.0% cap · market cap 6.29%
Theoretical Best
Office A
$445.8K
$390.1K – $520.1K
NOI $31,208 @ 7.0% cap · market cap 12.39%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Duplexes
FAQs
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
