Duplex at UNIVERSITY HEIGHTS, GAINESVILLE
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$875,000

UNIVERSITY HEIGHTS
GAINESVILLE, FL 32601
Listed by Eric Leightman · UNIVERSITY REALTY
Bedrooms
4
Bathrooms
N/A
Living area
1,530 sqft
Year built
1947

About this home

Great investment opportunity just 2 blocks from UF with 2 different two-bedroom properties AND 17 parking spaces!  The property has the best high-density multi-family U-9 zoning.  It is NOT zoned historic and it IS on the Enterprise Zone, both which are advantages for future development.  The back parking area can either collect income or it can be developed in the future for another building to be added on.  This duplex features two separate FULLY remodeled units.  Each residence features an updated kitchen with granite countertops, modern cabinetry and appliances, a renovated bathroom, and a full-size LG front-loading washer and dryer.  Additional remodeled features include luxury vinyl plank flooring, custom millwork, double-pane energy-efficient windows, upgraded blinds, LED lighting and ceiling fans.  The owner also updated the property with the following: plumbing and electrical system updates, blown-in insulation, fresh interior and exterior paint, a 2020 roof, 2019 HVAC and a 2020 water heater.  This parcel is turn-key and has it all, whether you are a Gator parent looking for your student, or an investor looking for a long-term hold, or both. The property is fully leased through July 31, 2027, providing an immediate income-producing opportunity for its next owner.

Property details

MLS
Stellar MLS
MLS #
MFRGC543215
Property type
Duplex
Subdivision
UNIVERSITY HEIGHTS
Status
Active
Days on market
35
On market date
September 11, 2026
Stories
N/A
Total bathrooms
N/A
Garage spaces
N/A
Parking spaces
N/A
Lot size
0.17 acres

Market position

How this listing compares to current activity in GAINESVILLE, from live MLS data.

On the market 35 days -- 61 fewer days than GAINESVILLE's current average of 96 days.
For reference, the median list price across 1,483 active listings in GAINESVILLE right now is $219,900.

Mortgage calculator

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Est. monthly payment
$5,419/mo
$175,000 down
$700,000 loan
Principal & interest$4,540
Property tax (est.)$729
Home insurance (est.)$150

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Data source: Listing information provided by Stellar MLS (mfrmls) via Trestle/CoreLogic. Last updated 6 days ago.

Information herein deemed reliable but not guaranteed; all measurements, school assignments, HOA fees, taxes, and feature lists are approximate and should be independently verified. Equal Housing Opportunity.