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Gainesville, FL Multifamily Homes & Duplexes for Sale

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  • /57

    $449,000

    • 8 Beds
    • 8 Baths
    • 3,600 Sq Ft

    707 SW 68th Terrace Unit A-D, Gainesville, FL 32607

    Turnkey Multifamily Investment!! Excellent opportunity to add a 4 unit townhouse style building to your rental portfolio. Each unit features 2 bedrooms and 1.5 baths, a highly desirable layout that appeals to long-term tenants and supports consistent occupancy. The property is ideally located near major hospitals, making it attractive to healthcare workers and professionals. Public

    Agent Photo

    Natalie Thomas

    MILLER REAL ESTATE

    (352) 825-0786

    707 SW 68th Terrace Unit A-D, Gainesville, FL 32607
  • /6

    $196,554

    • 4 Beds
    • 2 Baths
    • 1,800 Sq Ft

    3234 SW 25th Dr, Gainesville, FL 32608

    Investment opportunity!!!!Duplex available a short distance form the University of Florida. 100% occupied for the last 10+ years

    Manny Disgdiertt CAMPUS REALTY

    3234 SW 25th Dr, Gainesville, FL 32608
  • /74

    $485,000

    • 4 Beds
    • 3 Baths
    • 2,215 Sq Ft

    240 SW 3rd St, Gainesville, FL 32601

    Set on a prominent corner in one of Gainesville’s most vibrant and connected pockets, this thoughtfully preserved 1910 duplex offers a rare blend of historic character and enduring functionality. Moments from the University of Florida and surrounded by beloved local restaurants, the location supports both a dynamic lifestyle and consistent rental demand, making this a compelling opportunity for

    Craig Wilburn REAL BROKER, LLC

    240 SW 3rd St, Gainesville, FL 32601
  • /8

    $490,000

    • 8 Beds
    • 8 Baths
    • 3,600 Sq Ft

    625 SW 67th Terrace Unit A,B,C,D, Gainesville, FL 32607

    Investment opportunity in the fast growing SW area of Gainesville. This fully occupied unit will provide revenue from the first day of ownership. This 2 story quadruplex includes 4 townhouse units, each with 2 bedrooms and 1.5 bathrooms and washer/dryer. All units are currently tenant occupied with lease dates to June and July 2026.

    Amy Cole EXIT REALTY PRODUCERS

    625 SW 67th Terrace Unit A,B,C,D, Gainesville, FL 32607
  • /21

    $825,000

    • 5 Beds
    • 4 Baths
    • 3,245 Sq Ft

    21 SW 23rd Terrace, Gainesville, FL 32607

    Absolutely unmatched location directly across from UF's Law School, this investment home is currently leased through July 2026 for $4,000/month. Renewal lease through July 2027 signed at $4,200/month. This 5-bedroom 3.5-bathroom home with two kitchens is concrete block, with a wrap-around balcony overlooking the large backyard/patio area. Tenants pay all utilities. This is an ideal purchase for

    Joseph Klenck BRG REALTY VENTURES LLC

    21 SW 23rd Terrace, Gainesville, FL 32607
  • /2

    $2,000,000

    • 4,433 Sq Ft

    203 NW 15th St, Gainesville, FL 32603

    Incredible Investment Opportunity – 8-Unit Portfolio Just TWO Blocks From UF!This prime-location portfolio offers unbeatable walkability to the University of Florida—just a short stroll from campus—and sits within the highly desirable U5 zoning district, opening the door to strong long-term value. All 8 units are fully leased through July 2027, providing immediate, stable income from day one.

    Jamie Williams CORNERSTONE REALTY & MANAGEMENT SERVICES LLC

    203 NW 15th St, Gainesville, FL 32603
  • /23

    $675,000

    • 7 Beds
    • 4 Baths
    • 2,826 Sq Ft

    1102 NW 3rd Ave, Gainesville, FL 32601

    Excellent opportunity to own a high-demand residential income property in a truly unbeatable location just moments from campus—ensuring consistent rental demand year after year. This property features a classic two-story duplex totaling 6 bedrooms and 2 bathrooms (each unit a spacious 3 bed / 1 bath), along with a detached 1 bed / 1 bath efficiency for additional income potential. The main duplex

    Luis Rodriguez COLDWELL BANKER M.M. PARRISH REALTORS

    1102 NW 3rd Ave, Gainesville, FL 32601
  • /24

    $265,900

    • 4 Beds
    • 2 Baths
    • 1,620 Sq Ft

    2212 SE 36 Terrace, Gainesville, FL 32641

    Income-Producing Duplex in Hammock Oaks – A Smart Investment Opportunity! Discover this fantastic 2-bedroom, 1-bathroom duplex in the desirable Hammock Oaks community! This income-producing property offers two well-maintained rental units, each featuring recent updates that make them highly attractive to tenants. Both units boast luxury vinyl plank (LVP) flooring in the common areas, creating a

    Robert Mitchell MITCHELL REALTY SERVICES INC

    2212 SE 36 Terrace, Gainesville, FL 32641
  • /30

    $375,000

    • 1,680 Sq Ft

    221 SE 9 St, Gainesville, FL 32601

    Discover a rare gem in the heart of Downtown Gainesville – two beautifully updated vintage homes on a single lot with a BONUS lot included in the sale! This unique property offers an exceptional opportunity for savvy buyers. Both homes have undergone extensive renovations, featuring new roofs, AC units, plumbing, windows, and more, blending classic charm with modern comforts. The front home, a

    April Strickland GOLDEN RULE REAL ESTATE AND PROPERTY MANAGEMENT

    221 SE 9 St, Gainesville, FL 32601
  • /39

    $350,000

    • 3 Beds
    • 2 Baths
    • 1,475 Sq Ft

    232 NW 4th Ave, Gainesville, FL 32601

    You must see this investment opportunity just steps from the heart of Downtown Gainesville! Located at 232 NW 4th Ave, this income-producing property is a 2/1 single family home with a 1/1 attached unit (functioning as a duplex) and offers tremendous potential for renovation, rental income, or redevelopment. Each unit offers unique outdoor spaces: the front unit boasts a welcoming open front

    Zoma De Las Estrellas KELLER WILLIAMS GAINESVILLE REALTY PARTNERS

    232 NW 4th Ave, Gainesville, FL 32601
  • /38

    $764,000

    • 3 Beds
    • 4 Baths
    • 2,661 Sq Ft

    5043 SW 91st Dr, Gainesville, FL 32608

    Incredible Rental Property! 2/2 Main House rents $3,500/month and 1/1 Apartment Rents $2500/month. Discover this beautifully updated 2025 Charleston-style home located in the heart of Haile Village Center. The property includes 2 bedrooms and 2.5 bathrooms in the main residence, plus a private 1 bedroom, 1 bathroom carriage-style apartment with a full kitchen and separate entrance—ideal for

    Brady Kanan KANAN REALTY LLC

    5043 SW 91st Dr, Gainesville, FL 32608
  • /22

    $649,000

    • 5 Beds
    • 4 Baths
    • 2,588 Sq Ft

    111 SW 23rd Terrace, Gainesville, FL 32607

    Absolutely unmatched location directly across from UF's Law School, this investment home is currently leased through July 2026 for $4,000/month. Renewal lease through July 2027 signed at $4,200/month. This 5-bedroom 3-bathroom home is concrete block, with a large deck and backyard concrete/basketball court area. Tenants pay all utilities. This is an ideal purchase for alumni, or a parent of a

    Joseph Klenck BRG REALTY VENTURES LLC

    111 SW 23rd Terrace, Gainesville, FL 32607
  • /27

    $595,000

    • 8 Beds
    • 8 Baths
    • 3,720 Sq Ft

    1718 SW 69th Terrace, Gainesville, FL 32607

    Turnkey Gainesville Fourplex — Stabilized Asset with Strong Cash Flow Potential Positioned in one of North Central Florida’s most reliable rental markets, this upgraded fourplex presents a compelling opportunity for investors seeking immediate income and long-term appreciation. The property consists of four spacious 2BR/1.5BA units with a proven, tenant-friendly layout that supports consistent

    Teresa Ardines BHHS FLORIDA REALTY

    1718 SW 69th Terrace, Gainesville, FL 32607
  • /36

    $240,000

    • 4 Beds
    • 2 Baths
    • 1,344 Sq Ft

    2200 SE 46th Terrace, Gainesville, FL 32641

    Investor Opportunity – Fully Rented Gainesville Duplex! Well-maintained duplex in a convenient SE Gainesville location offering flexibility for investment, as both sides are rented. Each unit features 2 bedrooms and 1 bathroom, with both sides totaling nearly 1,350 square feet of living space. Ideal for those seeking rental income. Fully rented for $2200 monthly for both sides until May 2027.

    Dawn Johnson FIRST CHOICE REALTY OF NORTH FLORIDA LLC

    2200 SE 46th Terrace, Gainesville, FL 32641
  • /3

    $449,900

    • 8 Beds
    • 8 Baths
    • 3,600 Sq Ft

    3304 SW 26th Terrace, Gainesville, FL 32608

    4 2 bedroom 1.5 bath units remodeled in 2017

    Genile Morris BOSSHARDT REALTY SERVICES LLC

    3304 SW 26th Terrace, Gainesville, FL 32608
  • /18

    $335,000

    • 4 Beds
    • 2 Baths
    • 1,687 Sq Ft

    930 NE 6th Ave, Gainesville, FL 32601

    This well maintained duplex is in an established neighborhood on a quiet street on an oversized corner lot has 2 2-1 units, expected to rent for at least $1400/month each unit. Structure is solid cinderblock with carport and covered front entranceway for each unit. The carport is large and still allows for parking off-street. Washer/Dryer hookup are in separate room off carport and provides

    Carol Lowe HOGTOWN PROPERTIES, LLC

    930 NE 6th Ave, Gainesville, FL 32601
  • /88

    $665,000

    • 3 Beds
    • 2 Baths
    • 2,854 Sq Ft

    306 NE 3rd St, Gainesville, FL 32601

    Locals know this beautiful Queen Anne house as the Blanding House. Built in 1899 by Horatio Davis, a judge and twice mayor, Lt. General Albert Blanding lived in this home from 1900 – 1910, retaining its ownership until 1958. Nestled in the charming Duckpond neighborhood, this historic property blends timeless character with spacious living just minutes from downtown. Situated on a double lot

    Cindy Birk COLDWELL BANKER M.M. PARRISH REALTORS

    306 NE 3rd St, Gainesville, FL 32601

Why Live in Gainesville

Home to the University of Florida, Gainesville combines academic energy with natural beauty. Students and residents explore the Florida Museum of Natural History's Butterfly Rainforest and view diverse collections at the Harn Museum of Art. Nature lovers spot bison and wild horses at Paynes Prairie Preserve State Park or descend into the limestone sinkhole at Devil's Millhopper Geological State Park. The dining scene features local favorites like The Top's eclectic menu and Satchel's Pizza's unique atmosphere. Downtown Gainesville's Union Street hosts art galleries, while Bo Diddley Plaza presents free Friday concerts.

The housing market includes diverse options across price points. The median sale price for homes in Gainesville is $320,000. Single family homes have a median price of $373,000, with higher prices in neighborhoods like Downtown Gainesville at $612,500 and Haile Plantation at $539,500. More affordable single family homes exist in Pleasant Street with a median price of $350,000. Townhomes have a median price of $229,000, while one bedroom condos start at a median of $132,500.

The cost of living sits 5.4% below the national average. A family with school age children needs $101,000 annually to live comfortably, while renters should aim for $60,000. Monthly grocery costs average $1,500 for families and $700 for renters. The property tax rate is 0.98%, higher than nearby cities like Jacksonville at 0.78%. Florida has no state income tax and a 6.95% combined sales tax rate.

Gainesville's public schools include A rated F.W. Buchholz High School and Gainesville High School. Private options feature Oak Hall School, rated A+ by Niche. The Regional Transit System serves the city, and major healthcare facilities include UF Health Shands Hospital. Residents enjoy a mild climate with summer temperatures in the mid 70s to low 90s Fahrenheit.

Home Trends in Gainesville, FL

Housing Trends

Median Sale Price
$320,000
Median Single Family Sale Price
$336,000
Median Townhouse Sale Price
$255,000
Median 2 Bedroom Sale Price
$229,000
Median 1 Bedroom Sale Price
$197,450
Average Price Per Sq Ft
$214
Number of Homes for Sale
216
Last 12 months Home Sales
696
Months of Supply
3.70
Median List Price
$345,000
Median Change From 1st List Price
4%
Median Home Sale Price YoY Change
3%
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