Donna Hodges

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Listing provided courtesy of FIRST CHOICE REALTY OF NORTH FLORIDA LLCas Distributed by MLSGrid- MLS# MFRGC540860MLS Provider

2321 SW 31ST PLACEGAINESVILLE, FL 32608

Multi-Family · 8 Beds · 3,360 Sq. ft. | 0.21 Acres
$469,900 Active

2321 SW 31ST PLACE Overview

Time on Site:
17 days
Visits:
0

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.

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2321 SW 31ST PLACE Facts & Features

  • Type Multi-Family
  • Sq. ft. 3,360
  • Price/Sq.ft. $140
  • Lot 0.21 Acres

Details

General

Association/HOA

  • Association Fee: 500
  • Association Fee Frequency: Semi-Annually
  • Association Name: Phoenix Association/Lucy McCullough
  • Association: Yes

School Information

  • Elementary School: Idylwild Elementary School-AL
  • Middle Or Junior School: Kanapaha Middle School-AL
  • High School: Eastside High School-AL

Income/Expenses

  • Gross Income: 52800

Building Information

  • New Construction: No
  • Year Built: 1983

Location/Region

  • Country: US
  • County Or Parish: Alachua
  • MLS Area Major: 32608 - Gainesville
  • Subdivision Name: PHOENIX SUB PH II NAPIER GRT
  • Township: 10

Community/Development

  • Community Features: None,Street Lights

Rent/Lease Information

  • Lease Term: Twelve Months
  • Tenant Pays: Electricity,Sewer,Water

Tax Information

  • Tax Annual Amount: 8269.67
  • Tax Year: 2025

General Information

  • Furnished: Unfurnished
  • Listing Terms: Cash,Conventional,FHA,VA Loan
  • Ownership: Fee Simple
  • Parcel Number: 07314-010-001
  • Pets Allowed: Cats OK,Dogs OK,Yes
  • Property Condition: Completed
  • Property Sub Type: Quadruplex
  • Property Type: Residential Income
  • Senior Community: No
  • Special Listing Conditions: None
  • Zoning: PD

Interior

Parking Information

  • Garage: No

Beds/Baths

  • Bathrooms Total: 4
  • Bedrooms Total: 8

Building Interior

  • Building Area Source: Public Records
  • Building Area Total: 3360
  • Building Area Units: Square Feet

General Information

  • Appliances: Dishwasher,Disposal,Electric Water Heater,Exhaust Fan,Range,Range Hood,Refrigerator
  • Cooling: Central Air
  • Fireplace Features: Living Room,Wood Burning
  • Fireplace: Yes
  • Flooring: Ceramic Tile,Luxury Vinyl
  • Foundation Details: Slab
  • Heating: Central,Electric
  • Interior Features: Ceiling Fans(s),Living Room/Dining Room Combo,Open Floorplan,Primary Bedroom Main Floor,Thermostat
  • Laundry Features: Inside,Laundry Closet
  • Levels: One
  • Living Area: 3360
  • Living Area Source: Public Records
  • Living Area Units: Square Feet
  • Other Equipment: None
  • Window Features: Wood Frames

Exterior

Parking Information

  • Parking Features: Open

Lot Information

  • Additional Parcels: No
  • Lot Features: Corner Lot,City Limits,Level,Near Public Transit,Sidewalk,Paved
  • Lot Size Acres: 0.21
  • Lot Size Square Feet: 9148
  • Road Surface Type: Asphalt,Paved
  • Water Source: Public

Waterfront/View

  • Waterfront: No

Building Exterior/Construction

  • Construction Materials: Block,Frame
  • Patio And Porch Features: None
  • Roof: Metal

General Information

  • Carport: No
  • Exterior Features: None,Sidewalk
  • Number Of Units Total: 4
  • Pool Private: No
  • Sewer: Public Sewer
  • Utilities: BB/HS Internet Available,Cable Available,Electricity Connected,Public,Sewer Connected,Underground Utilities,Water Connected

2321 SW 31ST PLACE Neighborhood

Community

32608 (GAINESVILLE) Demographics

29
Median Age
1,218
Population Density (per sq. mile)
69%
College Educated
$50,786
Estimated Median Income
8,364
Estimated Total Home Owners
11,545
Estimated Total Renters
42% / 58%
Estimated Owner / Renter Divide
2
Estimated Average Household Size
Community data courtesy of LiveBy, Inc.

Schools

School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.

2321 SW 31ST PLACE Monthly Cost

$
$ %
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$
$
Meredith Medvec
Dylan Leitman
* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

2321 SW 31ST PLACE Market Data

Based on the last 30 days in this zip code

$429,943
Average List Price
$236
Average Price per Square Foot
79
Properties Sold
103
Average Days on Market
416
Properties for Sale
Calculations provided by Reliance Network

2321 SW 31ST PLACE History

Date Event Value Agent
6/12/2026Source: My Florida Regional MLS Added to Database
June 12, 2026