Three-property multifamily investment opportunity in Gainesville offering eight units across one fourplex and two duplexes. Purchase the full portfolio for $1,035,000, or purchase the properties individually: 824 SE 1st Ave is a fourplex offered at $625,000; 3116 SW 26th Way is a duplex offered at $255,000; and 1504 E University Ave is a duplex offered at $155,000.
The properties span downtown, southwest Gainesville, and the East University Avenue corridor. The fourplex and SW 26th Way duplex have received recent capital improvements, while the East University Avenue duplex offers a renovation opportunity. With existing rental income and vacant units available for lease-up, buyers can choose the property that fits their investment plans or acquire all eight units together. Contact the listing agent for the brochure, rent roll, and additional property details.
Listing Courtesy of: BOSSHARDT REALTY SERVICES LLC
352-371-6100
| Listing Id: | GC543835 |
|---|---|
| List Price: | $1,035,000 |
| Property Type: | Residential Income |
| Property Sub Type: | Quadruplex |
| Status: | Active |
| Living Area: | 2,966 |
| Tax Annual Amount: | $7,432 |
| Lot Size Square Feet: | 13,939 |
| Lot Size Acres: | 0.32 |
| Waterfront?: | No |
| City: | Gainesville |
| County Or Parish: | Alachua |
| Subdivision Name: | Gainesville Kings Add |
| Postal Code: | 32601 |
| Year Built: | 1978 |
| Additional Parcels?: | Yes |
| Building Area Units: | Square Feet |
| Foundation Details: | Other |
| Construction Materials: | Block |
| Cooling: | Central Air |
| Directions: | Driving Directions: From downtown Gainesville, take E University Ave east and turn right onto SE 9th St. Turn right onto SE 1st Ave; the fourplex at 824 SE 1st Ave is on your right. This is a three-property portfolio. The other properties are located at 1504 E University Ave, Gainesville, FL 32641, and 3116 SW 26th Way, Gainesville, FL 32608. Enter each address separately for directions to those sites. |
| Exterior Features: | None |
| Gross Income: | $96,900 |
| Heating: | Natural Gas |
| Interior Features: | Ninguno |
| Laundry Features: | None |
| Listing Contract Date: | 2026-09-28 |
| Ownership: | Co-op |
| Living Area Source: | Public Records |
| Living Area Units: | Square Feet |
| Lot Size Acres: | 0.32 |
| Lot Size Dimensions: | 100x138 |
| Postal Code Plus4: | 6973 |
| MLS Area Major: | 32601 - Gainesville |
| MLS Area Major: | 32601 - Gainesville |
| Original List Price: | $1,035,000 |
| Other Equipment: | None |
| Parcel Number: | 12639-000-000 |
| Township: | 10 |
| Road Surface Type: | Asphalt |
| Roof: | Metal |
| Tax Year: | 2025 |
| Sewer: | Public Sewer |
| Special Listing Conditions: | None |
| State Or Province: | FL |
| Additional Parcels Description: | 11726-001-000 , 07314-005-040 |
| Green Energy Generation: | Hydro Power |
| Utilities: | Other |
| Water Source: | Public |
| Number Of Lots: | 3 |
| Public Survey Range: | 20 |
| Public Survey Section: | 4 |
| Zoning: | RMF7 |
| Alternate Key Folio Num: | 12639000000 |
| Annual Net Income: | 64000.00 |
| Calculated List Price By Calcula: | 348.95 |
| Cddyn: | No |
| Dprurl: | https://www.workforce-resource.com/dpr/listing/MFRMLS/GC543835?w=Agent&skip_sso=true |
| Dprurl 2: | https://www.workforce-resource.com/dpr/listing/MFRMLS/GC543835?w=Customer |
| Dpryn: | Yes |
| Flood Zone Code: | X |
| Flood Zone Date: | 2006-06-16 |
| Flood Zone Panel: | 12001C0314D |
| Green Verification Count: | 0 |
| Listing Exclusion Yn: | No |
| Living Area Meters: | 275.55 |
| Lot Size Square Meters: | 1295 |
| Sdeo yn: | No |
| Total Acreage: | 1 to less than 2 |
| Total Num Buildings: | 3 |
| Unit Count: | 0 |
| Unit Number Yn: | No |
| Water Access Yn: | No |
| Water Extras Yn: | No |
| Water View: | No |
| Association 2 Yn: | 0 |
| Attribution Contact: | 352-371-6100 |
| Originating System Name : | Stellar MLS |
| Green Energy Generation Yn: | Yes |
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Property Last Updated: October 08, 2026 07:25 PM - ET
