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Duplex With Upstairs Balconies
For Sale
$232,900

713 SW 69 St, Gainesville, FL 32607

Concrete-block duplex with a two-level layout, laundry area, and no HOA.

Property Size1,800 SF
Price / SF$129.39
Days on Market72

Property Features for 713 SW 69 St

General Information

Standard status Active
Size 1,800 SF
Property subtype Multi-Family

Additional Details

Multifamily Units 2

Amenities

balconies
laundry

Building Details

Year Built 1980
Buildings 1
Construction concrete block
Listing Agency: GREEN TREE REALTY INC
Listed By: Hong-Loan Ngo · License #3118935
Source: Whitneyperkinsteam
Added: Aug 5 Changed: Oct 2 Last Checked: Oct 7 at 1:39PM

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 GREEN TREE REALTY INC

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Investment Insights

Based on property information with market context.

Built in 1980, this 1,800-square-foot duplex is constructed with concrete block and arranged across two levels. The property includes two bedrooms, one full bathroom, an additional toilet downstairs, living room, kitchen, laundry area, and upstairs balconies. The roof is approximately 10 plus years old.

The property is located at 713 SW 69 St in Gainesville, Florida, near Home Depot and Oaks Mall. It is offered for sale and lease and has no HOA.

Key Highlights

  • 1,800‑square‑foot duplex built in 1980
  • Concrete‑block construction with two‑level layout
  • Two bedrooms and one full bathroom

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$17,672
Cap Rate
7.59%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$353,440 $353.4K
Cap Rate 7%
$252,457 $252.5K
Cap Rate 9%
$196,356 $196.4K
Market Conditions
NOI Build-Up for 1,800 SF
Gross rent
$27.0K $15.00/SF
− Vacancy
−$1.8K −$0.98/SF
EGI
$25.2K $14.03/SF
− OpEx
−$7.6K −$4.21/SF
NOI
$17.7K $9.82/SF
Area
Gainesville, FL
Vacancy
6.50%
Lease Rate
$15.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$353,440
Cap Rate 7%
$252,457
Cap Rate 9%
$196,356

Alternative Uses

Best Use
Multifamily LT 5
$252.5K
$220.9K – $294.5K (±1% cap)
NOI $17,672 @ 7.0% cap · market cap 7.59%
Second Best
Apartment 5plus
$226.5K
$198.2K – $264.3K (±1% cap)
NOI $15,857 @ 7.0% cap · market cap 6.81%
Theoretical Best
Office A
$445.8K
$390.1K – $520.1K (±1% cap)
NOI $31,208 @ 7.0% cap · market cap 13.40%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

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Current Use

Duplexes

Suggested Use

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

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

2
Residential units

Location Intelligence

Trade Area within ½ mile

495
Businesses Nearby

Demographics for 32607, FL

35,420
Population
16,465
Households
2.2
Avg Household Size
28
Median Age
53%
College-Educated
95%
High-School Grad
12.6 sq mi
ZIP Area
2,811
Density / Sq Mi
$46,517
Median Household Income
$30,690
Median Earnings
$1,222
Median Rent
$297,800
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025

Frequently Asked Questions

What type of property is this?
Duplex - Concrete-block duplex with a two-level layout, laundry area, and no HOA.
Where is this duplex located?
The property is located at 713 SW 69 St Gainesville, FL.
What is the asking price?
The asking price for this property is $232,900.
What are key features of this property?
This property features: 1,800‑square‑foot duplex built in 1980; Concrete‑block construction with two‑level layout; Two bedrooms and one full bathroom
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