$698,000

1102 NW 3rd Ave Gainesville, FL 32601

Fifth Avenue Neighborhood

Estimated payment $4,640/month

Total Views 8,145
7 Beds
4 Baths
2,826 Sq Ft
$247 Price per Sq Ft

Highlights

  • No HOA
  • Solid Wood Cabinet
  • Heating Available
  • Gainesville High School Rated A
  • Laundry Room
  • 2-minute walk to Sharmie Ffar Park

About This Home

Midtown Investment Opportunity | 6/2 Duplex + 1/1 Studio – Fully Leased Through July 2026

Located in the heart of Gainesville’s Midtown district, just steps from UF and surrounded by high-demand student housing, this property offers immediate income and long-term upside. The 2,800 sq. ft. duplex features two spacious 3-bedroom/1-bath units, each with a full kitchen and in-unit washer/dryer. A detached 1-bedroom/1-bath studio (~500 sq. ft.) adds even more rental flexibility. Currently generating $4,800/month in gross rent and fully leased through July 2026, this property provides investors with stable cash flow today and strong potential for higher returns at lease renewal. With unbeatable walkability to campus, nightlife, and downtown, and consistent student demand year after year, this 3-unit property is a turnkey investment in one of Gainesville’s most sought-after rental markets.

Listing Agent

Luis Rodriguez

COLDWELL BANKER M.M. PARRISH REALTORS Brokerage Phone: 352-335-4999 License #3463219 Listed on: 09/10/2025

COLDWELL BANKER M.M. PARRISH REALTORS

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $11,923

Year Built

  • Built in 1958

Lot Details

  • 4,792 Sq Ft Lot
  • Lot Dimensions are 50x95

Home Design

  • Duplex
  • Bi-Level Home
  • Frame Construction
  • Metal Roof

Interior Spaces

  • 2,826 Sq Ft Home
  • Crawl Space
  • Solid Wood Cabinet
  • Laundry Room

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 4 Bathrooms

Outdoor Features

  • Private Mailbox

Utilities

  • Ductless Heating Or Cooling System
  • Heating Available

Community Details

  • No Home Owners Association
  • 3 Units
  • 2,896 Sq Ft Building
  • Browns Add Hickson Rep Subdivision

Listing and Financial Details

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$11,923

Year Built

Built in 1958

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Condition: Completed
  • Property Sub Type: Duplex
  • Construction Materials: Frame
  • Fireplace: No
  • Living Area: 2826
  • Lot Size Acres: 0.11
  • New Construction: No
  • Year Built: 1958
  • Building Area Total: 2896
  • Lot Size Sq Ft: 4792
  • Status: Active
  • Street Direction: NW
  • Ownership: Fee Simple
  • Building Area Total Srch Sq M: 269.05
  • Escrow State: FL
  • Minimum Lease: No Minimum
  • RATIO Current Price By Calculate: 246.99
  • Total Acreage: 0 to less than 1/4
  • Water Access YN: 0
  • MFR_DockYN: 0
  • Attribution Contact: 352-335-4999
  • Tax Year: 2024
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Interior Amenities: Solid Wood Cabinets
  • Foundation Details: Crawlspace
  • Total Bedrooms: 7
  • Levels: Two
  • Living Area Meters: 262.54

Exterior Features

  • Exterior Features: Private Mailbox
  • Roof: Metal
  • Pool Private: No
  • Waterfront: No
  • Road Surface Type: Asphalt
  • Water View YN: 0
  • Waterfront Feet Total: 0

Garage/Parking

  • Attached Garage: No
  • Carport Y N: No
  • Garage Yn: No

Utilities

  • Utilities: Electricity Connected, Water Connected
  • Cooling: Ductless
  • Heating: Electric
  • Laundry Features: Laundry Closet, Laundry Room, Same Floor As Condo Unit
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Association 2 YN: 0
  • Association Approval Required YN: 0
  • Development: Brown Addn

Fee Information

  • Total Annual Fees: 0.00
  • Total Monthly Fees: 0.00

Lot Info

  • Zoning: RMF5
  • Parcel Number: 13952-000-000
  • Additional Parcels: No
  • Lot Dimensions: 50x95
  • Property Attached Yn: Yes
  • Flood Zone Code: X

Rental Info

  • Total Actual Rent: 4800
  • Lease Restrictions YN: 0

Multi Family

  • Number Of Units Total: 3
  • Total Num Buildings: 2
  • Unit Count: 3

Tax Info

  • Tax Annual Amount: 11922.55
  • Tax Book Number: A-64
  • Tax Lot: 26

Map

Range of Values:

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Value Increase
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Average Value
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List Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/10/2025 09/10/25 For Sale $698,000 +16.3% $247 / Sq Ft
05/29/2023 05/29/23 Sold $600,000 -4.0% $212 / Sq Ft View Prior Sale
05/02/2023 05/02/23 Pending -- -- --
04/17/2023 04/17/23 For Sale $624,900 -- $221 / Sq Ft
Source: Stellar MLS

Source: Stellar MLS

MLS Number: GC533911

Stellar MLS
Florida Alachua County Gainesville 32601 Fifth Avenue

1102 NW 3rd Ave, Gainesville, FL

For Sale

MultiFamily

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Stellar MLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.



Listing Information presented by local MLS brokerage: Ten-X - (888)-952-6393

Nearby Homes
Listing Agent
Luis Rodriguez
Section Image
COLDWELL BANKER M.M. PARRISH REALTORS
(352) 423-9900