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7225 SW 42nd Place

Gainesville, FL 32608

8 beds
4 baths
3,214 sqft
14,810 sqft lot
$140 per sqft
1980 build
– on site

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Fantastic income property opportunity with this well-located quadplex in the Tower Village community. Perfect for seasoned investors looking to expand their portfolio or newcomers eager to enter the property market, this multi-family dwelling offers both potential and convenience. Each of the four units features a comfortable 2-bedroom, 1-bath layout. Currently, one out of the four units is leased, providing immediate rental income and a foundation for future growth. Walking distance to public park & botanical gardens and this property is just a stone's throw from public transportation options and is conveniently located near I-75. Plus, it’s a mere 15 minutes from the University of Florida and Shands Hospital, making it an attractive option for short term rentals, college students, and medical professionals alike. Don't miss this chance to secure a prime investment in a thriving community. Whether you're looking to build your portfolio or start your investment journey, this quadplex is a smart choice!

Listing courtesy of STELLAR_MLS / MILLER REAL ESTATE

Last checked: Checking… • Last updated Nov 14, 2024 •

MLS# GC517467 —

The Building

Year Built:

1980
New Construction:

false
Construction Materials:

Block
Levels:

One
Roof:

Shingle
Foundation Details:

Block
# of Buildings:

1
Building Area Total:

3450
Building Area Units:

Square Feet
Building Area Source:

Public Records

Interior

Interior Features:

Ceiling Fan(s)
Flooring:

Laminate
Fireplace:

false

Room Dimensions

Living Area:

3214
Living Area Units:

Square Feet
Living Area Source:

Public Records

Location

Directions:

From Gainesville at the crossing of Archer RD & Tower RD travel north on Tower RD. Right on SW 42nd PL and follow to address on right.
Latitude:

29.615304
Longitude:

-82.42021
Coordinates:

-82.42021, 29.615304

The Property

Parcel Number:

06886004000
Property Type:

Residential Income
Property Subtype:

Quadruplex
Lot Size Acres:

0.34
Lot Size Area:

14810
Lot Size SqFt:

14810
Lot Size Units:

Square Feet
Total Acres:

1/4 to less than 1/2
Zoning:

PD
View:

false
Exterior Features:

Other
Water Source:

Public
Road Surface Type:

Asphalt
Flood Zone Code:

X
Flood Zone Panel:

12001C0435E
Additional Parcels:

false
Lease Restrictions:

false
Land Lease:

false

Listing Agent

Contact info:

Taxes

Tax Year:

2023
Tax Lot:

4
Tax Legal Description:

TOWER VILLAGE REPLAT OF LOTS 2 THRU 12 OF TOWER VILLAGE PB K-18 LOT 4 & 11/248 INT IN REC AREA OR 1430/0897 & OR 4372/0588
Tax Book Number:

K-18LOT
Tax Annual Amount:

5130

Beds

Bedrooms Total:

8

Baths

Total Baths:

4

The Listing

Special Listing Conditions:

None

Heating & Cooling

Heating:

Electric
Heating:

true
Cooling:

Central Air
Cooling:

true

Utilities

Utilities:

Cable Available
Sewer:

Public Sewer

Appliances

Appliances:

Dishwasher

Schools

Elementary School:

Kimball Wiles Elementary School-AL
Middle Or Junior School:

Kanapaha Middle School-AL
High School:

F. W. Buchholz High School-AL

The Community

Subdivision Name:

TOWER VILLAGE REP
Senior Community:

false
Water View:

false
Water Access:

false
Waterfront:

false
Pool Private:

false
Pets Allowed:

Breed Restrictions
Pet Restrictions:

See City of Gainesville guidelines.
Association:

false
Ownership:

Fee Simple

Parking

Garage:

false
Carport:

false

Extra Units

# of Units Total:

4

Explore the Area

My Commute

From

Walk Score®

Provided by WalkScore® Inc.

Bike Score®

Provided by WalkScore® Inc.

Soundscore™

Provided by HowLoud

Sale history

Date	Event	Source	Price	% Change
11/9/24 Nov 9, 2024	Sold	STELLAR_MLS	$450,000	16.9%
9/30/24 Sep 30, 2024	Pending	STELLAR_MLS	$384,900	-30.0%
1/17/24 Jan 17, 2024	Price Changed	STELLAR_MLS	$550,000	7.8%

Multifamily Sold on 11/9/2024

$450,000

Listing provided by broker:

Natalie Thomas

MILLER REAL ESTATE

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Listing Courtesy of: STELLAR_MLS and MILLER REAL ESTATE.

Based on information from the My Florida Regional MLS DBA Stellar MLS 2024.

All information provided is deemed reliable but is not guaranteed and should be independently verified. Stellar MLS, Estately and their affiliates provide the MLS and all content therein “AS IS” and without any warranty, express or implied. The information included in this listing is provided exclusively 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. The information on each listing is furnished by the owner and deemed reliable to the best of his/her knowledge, but should be verified by the purchaser. Stellar MLS and Estately assume no responsibility for typographical errors, misprints or misinformation. This property is offered without respect to any protected classes in accordance with the law. For any questions please call (407) 499-8911.

7225 SW 42nd Place

Gainesville, FL 32608