1102 NW 3RD AVE Gainesville, FL 32601
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Duplex
Listing Status Active
Purchase Type For Sale
Square Footage 2,826 sqft
Price per Sqft $246
Subdivision Browns Add -Hickson Rep
MLS Listing ID GC533911
Bedrooms 7
Construction Status Completed
HOA Y/N No
Year Built 1958
Annual Tax Amount $11,922
Lot Size 4,791 Sqft
Acres 0.11
Lot Dimensions 50x95
Property Sub-Type Duplex
Source Stellar MLS
Property Description
Located in the heart of Gainesville's Midtown district, just steps from UF and surrounded by high-demand student housing, this property offers immediate income and long-term upside. The 2,800 sq. ft. duplex features two spacious 3-bedroom/1-bath units, each with a full kitchen and in-unit washer/dryer. A detached 1-bedroom/1-bath studio (~500 sq. ft.) adds even more rental flexibility. Currently generating $4,800/month in gross rent and fully leased through July 2026, this property provides investors with stable cash flow today and strong potential for higher returns at lease renewal. With unbeatable walkability to campus, nightlife, and downtown, and consistent student demand year after year, this 3-unit property is a turnkey investment in one of Gainesville's most sought-after rental markets.
Location
State FL
County Alachua
Community Browns Add -Hickson Rep
Area 32601 - Gainesville
Zoning RMF5
Interior
Interior Features Solid Wood Cabinets
Heating Electric
Cooling Ductless
Fireplace false
Laundry Laundry Closet, Laundry Room, Same Floor As Condo Unit
Exterior
Exterior Feature Private Mailbox
Utilities Available Electricity Connected, Water Connected
Roof Type Metal
Attached Garage false
Garage false
Private Pool No
Building
Entry Level Two
Foundation Crawlspace
Lot Size Range 0 to less than 1/4
Sewer Public Sewer
Water Public
Structure Type Frame
New Construction false
Construction Status Completed
Others
Senior Community No
Ownership Fee Simple
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Special Listing Condition None
Virtual Tour https://www.propertypanorama.com/instaview/stellar/GC533911
