Gainesville, FL Multifamily Properties for Sale

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Updated: Aug 24

Remodeled 4-Unit Quadplex

3304 SW 26th Terrace, Gainesville, FL 32608

$449,900

3,600 sqft

Four 2‑bedroom, 1.5‑bath units
3,600 square feet across a quadplex configuration
Remodeled in 2017
Built in 1980
Close to UF, VA, and Butler Plaza

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3304 SW 26th Terrace, Gainesville, FL 32608

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Est. Cap Rate

7.9%
Above avg (5.9%)
Est. NOI

$35K
Annual
Mortgage

$175K
May 2021
Last Sold

Mar 2017
$53K
Property Type

Quadplex
Built 1980

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Updated: Jun 11

6-Unit Apartment Building

1110 SW 62 Terrace, Gainesville, FL 32607

$990,000

6,294 sqft 0.54 AC lot

6‑unit apartment property with six 2B/1.5b residences
6,294 square feet on 0.54 acres
Bedrooms upstairs with living room and kitchen downstairs
Exterior washer/dryer hookups attached to the units
Built in 1984 with central air and electric heat

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Two-Story Duplex with Efficiency

1102 NW 3RD Avenue, Gainesville, FL 32601

$675,000

2,826 sqft 0.11 AC lot

Residential income property near campus with two three-bedroom units and a detached efficiency.

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Duplex with Upstairs Balconies

713 SW 69 Street, Gainesville, FL 32607

$251,900

1,800 sqft 0.21 AC lot

Two-story duplex in an R-3 district with separate living, kitchen, and laundry areas across both levels.

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Turnkey 16-Unit Multifamily Portfolio

422 SW 69TH STREET, Gainesville, FL 32607

$2,200,000

6,778 sqft

Stabilized 16-unit portfolio with 1BR and 2BR mix, recently upgraded HVAC, and expanded appliance improvements.

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Historic Duplex with Victorian Porches

306 NE 3RD Street, Gainesville, FL 32601

$599,900

2,854 sqft 0.27 AC lot

1899 residence configured with two kitchens, separate living areas, and public water and sewer service.

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Two-Unit Duplex with Porches

232 NW 4TH Avenue, Gainesville, FL 32601

$325,000

1,475 sqft 0.10 AC lot

Tenant occupancy continues through July 2027, with fenced outdoor space serving the attached unit.

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21-Unit Multifamily Apartment Property

1615 NW 3RD Avenue, Gainesville, FL 32603

$2,800,000

0.38 AC lot

Income-producing property near the University of Florida with on-site parking and RMU zoning.

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Historic Queen Anne Duplex

306 NE 3rd St, Gainesville, FL 32601

$599,900

2,854 sqft 0.27 AC lot

Two distinct living areas include separate kitchens, bathrooms, bedrooms, porches, and independent 100-amp service panels.

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Four-Unit Multifamily Property

2321 SW 31ST Place, Gainesville, FL 32608

$469,900

3,360 sqft 0.21 AC lot

Fully leased residential asset with four two-bedroom units, ceramic tile flooring, central air, and public utilities.

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Renovated Duplex

3108 SW 24TH Drive, Gainesville, FL 32608

$279,900

1,800 sqft 0.06 AC lot

Fully renovated two-unit property with tenants in place, public utilities, and convenient transit access.

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Stabilized 16-Unit Multifamily Portfolio

6816 SW 4th Place, Gainesville, FL 32607

$2,200,000

6,770 sqft

Stabilized, 94% occupied 16-unit property across two contiguous 8-unit parcels with VA and other government housing programs.

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Two-Unit Duplex with Fenced Yard

1509 NE 5TH AVE, Gainesville, FL 32641

$220,000

1,587 sqft 0.28 AC lot

Matching residences provide separate living areas, full kitchens, and private outdoor space.

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Remodeled Quadplex

3304 SW 26TH Terrace, Gainesville, FL 32608

$449,900

3,600 sqft 0.19 AC lot

Four two-bedroom units are located near UF, the VA, and Butler Plaza.

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Multifamily Investment Near University of Florida

1615 NW 3RD Ave, Gainesville, FL 32603

$2,800,000

13,244 sqft 0.38 AC lot

Income-producing multifamily property near the University of Florida.

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Mixed-Use Portfolio with Apartments

5213 & 5217 & 5231 SW 91ST Drive, Gainesville, FL 32608

$1,750,000

10,804 sqft 0.05 AC lot

Four buildings combine commercial suites with upstairs apartments across three parcels in a planned mixed-use setting.

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Multifamily Property with Loft Unit

919 NW 23RD Avenue, Gainesville, FL 32609

$419,900

3,482 sqft 0.36 AC lot

Multifamily property with a separate leased dwelling, furnished kitchen equipment, and a workshop.

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Two-Story Duplex with Efficiency

1102 NW 3rd Ave, Gainesville, FL 32601

$675,000

2,826 sqft

Main building includes original hardwood floors, full kitchens, in-unit laundry, and separate living areas.

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Quadplex with Individual Laundry Hookups

2442 NW 59TH Avenue, Gainesville, FL 32653

$380,000

3,348 sqft 0.13 AC lot

Four two-bedroom residences offer a practical income-property configuration with public water and sewer.

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U4-Zoned Triplex Property

918 NW 4TH PLACE, Gainesville, FL 32601

$450,000

1,846 sqft

Existing rental improvements with flexible urban zoning and accessory dwelling unit provisions.

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Half Duplex Investment Opportunity

2038 SW 70TH TERRACE, Gainesville, FL 32607

$159,900

874 sqft

A 2 bed, 2 bath half duplex with fenced backyard, shed, and updated major systems.

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Duplex With Upstairs Balconies

713 SW 69 St, Gainesville, FL 32607

$251,900

1,800 sqft

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

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Occupied Multifamily Property

608 NW 24th Ave, Gainesville, FL 32609

$199,000

1,136 sqft

Existing long-term tenancy provides an established occupancy profile for this multifamily property.

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Investment Opportunity Near UF

203 Nw 15th St, Gainesville, FL 32603

$2,000,000

4,433 sqft

8-unit portfolio near the University of Florida, fully leased.

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Gainesville, FL Multifamily Properties Market Trends and Statistics

Explore 72 multifamily properties for sale in Gainesville, FL, showcased through 60 active listings on our real estate platform. These investment opportunities span a total of 1,098,257 square feet of properties for sale, with an estimated market value of $34,494,530.

Sale prices for multifamily properties in Gainesville, FL start at $159,900, averaging $802,198, and reaching up to $2,800,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

Demographics Overview

Population 224K

Population Growth (5Y) +5.8%

Median Household Income $58,385

College Educated 43.2%

High-Yield Neighborhoods for Investment

Identify Gainesville submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

Neighborhood	Average Price
32653	$380K
32609	$419.9K
32606	$425K
32607	$730.5K
32641	$781.7K

Taxes & Financing

Tax Rate (average for all types) 2.01%

Property Tax per SF $42.02 per SF

Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Alachua County

New Delisted

Total CRE Inventory on Market (SF)

Property Size Breakdown

The majority of commercial real estate listings in Gainesville fall within the 100,000+ square foot range.

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