$698,000 for Sale
1102 nw 3rd avenue , gainesville, FL 32601
| Beds 7 | Baths 4 | 2,826 Sqft | 0.11 Acres |
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Property Description
Midtown Investment Opportunity | 6/2 Duplex + 1/1 Studio – Fully Leased Through July 2026 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.
General Information
Sale Price: $698,000
Price/SqFt: $247
Status: Active
MLS#: GC533911
City: gainesville
Post Office: gainesville
County: Alachua
Subdivision: browns add -hickson rep
Acres: 0.11
Lot Dimensions: 50 x 95
Bedrooms:7
Bathrooms:4
House Size: 2,826 sq.ft.
Acreage: 0.11 est.
Year Built: 1958
Property Type: Duplex
Style:
Features & Room Sizes
Paved Road: Asphalt
Garage: No
Construction: Wood Frame
Exterior Misc: Private Mailbox
Basement: No
Foundation : Crawlspace
Cooling: Mini-Split Unit(s)
Heating: Electric
Waste: Public Sewer
Watersource: Public
Tax, Fees & Legal
Est. Summer Taxes: $0
Est. Winter Taxes: $11,923
Legal Description: BROWN ADDN BK 11 PB A-64 HICKSON REPLAT PB B-50 LOT 26 OR 4587/0062
Information provided by My Florida Regional MLS DBA Stellar MLS, Copyright 2025
All information provided is deemed reliable but is not guaranteed and should be independently verified. Participants are required to indicate on their websites that the information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Listing By: Luis Rodriguez of COLDWELL BANKER M.M. PARRISH REALTORS, Phone: 352-335-4999
