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

Community Information

Address 2321 Sw 31st Place
Area Gainesville
Subdivision PHOENIX SUB PH II NAPIER GRT
City GAINESVILLE
County Alachua
State FL
Zip Code 32608-7826

Amenities

Parking Open
Is Waterfront No
Has Pool No

Interior

Interior Features Ceiling Fan(s), Living Room/Dining Room Combo, Open Floorplan, Primary Bedroom Main Floor, Thermostat
Appliances Dishwasher, Disposal, Electric Water Heater, Exhaust Fan, Range, Range Hood, Refrigerator
Heating Central, Electric
Cooling Central Air
Fireplace Yes
Fireplaces Living Room, Wood Burning

Exterior

Exterior Features None, Sidewalk
Lot Description Corner Lot, City Lot, Level, Near Public Transit, Sidewalk
Roof Metal
Foundation Slab

School Information

Elementary Idylwild Elementary School-AL
Middle Kanapaha Middle School-AL
High Eastside High School-AL

Additional Information

Date Listed June 12th, 2026
Days on Market 89
Zoning PD
Foreclosure No
Short Sale No
RE / Bank Owned No

Listing Details

OfficeFIRST CHOICE REALTY OF NORTH FLORIDA LLC

Listing Map

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