2321 Sw 31st Place, GAINESVILLE, FL

$469,900

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8

Beds

4

Baths

3,360

Square feet

0.21

Acres

About 2321 Sw 31st Place

Under contract-accepting backup offers. Excellent investment opportunity with this well-maintained quadplex in a convenient Gainesville location. The property consists of four 2-bedroom, 1-bath units, each offering approximately 840 square feet of living space. The units feature functional floor plans with spacious living areas, abundant natural light, tile flooring throughout, and kitchens with ample cabinet storage. All four units are currently leased, providing immediate and stable rental income. The property generates $4,400 per month in gross rental income ($52,800 annually). A metal roof was installed in 2022, offering added durability and reduced maintenance. Conveniently located near shopping, dining, public transportation, parks, major roadways, and a variety of local amenities. Nearby destinations include the University of Florida, UF Health Shands Hospital, the Malcolm Randall VA Medical Center, the UF College of Veterinary Medicine, Butler Plaza, Celebration Pointe, and Newnans Lake. This income-producing property presents an opportunity for investors seeking a fully leased multifamily asset in Gainesville. Contact us today for additional information, financial details, or to schedule a showing.

Features of 2321 Sw 31st Place

MLS® # GC540860
Price $469,900
Bedrooms 8
Bathrooms 4.00
Square Footage 3,360
Acres 0.21
Year Built 1983
Type Residential Income
Sub-Type Quadruplex
Status Pending
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Listing Details

OfficeFIRST CHOICE REALTY OF NORTH FLORIDA LLC

Listing Map

Neighborhood Information for 2321 Sw 31st Place

High Residential Turnover

Weather

Highs


January 67.30℉
July 91.30℉

Lows


January 71.50℉
July 71.50℉
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Precipitation


49.45

Statistics

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Nearby Schools

Great Schools School Name Distance  
Great School

Idylwild Elementary School

Public - Kindergarten to 5Th Grade - Closest Elementry School
1 Miles
Great School

Expressions Learning Arts Academy

Public - Kindergarten to 5Th Grade
2 Miles
Great School

P.k Yonge Developmental Research School

Public - Kindergarten to 12Th Grade - Closest Middle School
2 Miles
Great School

P. K. Yonge Virtual Franchise

Public - Kindergarten to 12Th Grade - Closest High School
2 Miles
Great School

J. J. Finley Elementary School

Public - Kindergarten to 5Th Grade
2 Miles
Great School

Caring & Sharing Learning School

Public - Preschool to 6Th Grade
3 Miles
Great School

Project Youthbuild

Public - 10Th Grade to Adult - Other
3 Miles

School data provided by GreatSchools

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