203 NW 15th St Gainesville, FL 32603
University Park NeighborhoodEstimated payment $13,063/month
Highlights
- No HOA
- Gainesville High School Rated A
- Central Heating and Cooling System
About This Home
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. Property Highlights- Six (6) One-Bed/One-Bath Units, Each unit includes a full kitchen, living area, and a private bathroom & In-unit washer & dryer, stylish LVP flooring throughout. Each apartment has one assigned parking space per unit
These are clean, efficient layouts that stay rented with ease. The corner Duplex (Two 1/1 Units) features a spacious living/dining combo, full kitchen, and private bath & one parking space per unit Fantastic visibility on the corner lot This rare offering is perfect for investors looking to grow their Gainesville portfolio with solid cash flow, premium location, and built-in stability. Properties this close to UF—with strong leases in place—don’t hit the market often!
Listing Agent
CORNERSTONE REALTY & MANAGEMENT SERVICES LLC Brokerage Phone: 352-278-4648 License #3491384 Listed on: 12/10/2025
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $33,237
Year Built
- Built in 1920
Lot Details
- 0.35 Acre Lot
Home Design
- Slab Foundation
- Frame Construction
- Shingle Roof
- Block Exterior
Interior Spaces
- 4,433 Sq Ft Home
- Window Treatments
- Crawl Space
- Laundry in unit
Utilities
- Central Heating and Cooling System
- Cooling System Mounted To A Wall/Window
Listing and Financial Details
- Tax Lot 7
- Assessor Parcel Number 14925-000-000
Community Details
Overview
- No Home Owners Association
- 2 Buildings
- 8 Units
- Brown B W Orrs Sub Subdivision
Building Details
- Gross Income $110,000
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $33,237 | $1,566,617 | $1,239,300 | $327,317 |
| 2024 | $32,994 | $1,576,939 | $1,239,300 | $337,639 |
| 2023 | $32,994 | $1,462,204 | $1,239,300 | $222,904 |
| 2022 | $21,055 | $1,463,306 | $1,239,300 | $224,006 |
| 2021 | $20,474 | $1,431,133 | $1,239,300 | $191,833 |
| 2020 | $19,222 | $1,377,694 | $1,239,300 | $138,394 |
| 2019 | $18,656 | $1,338,239 | $1,239,300 | $98,939 |
| 2018 | $0 | $1,346,100 | $1,239,300 | $106,800 |
| 2017 | $11,587 | $632,900 | $459,000 | $173,900 |
| 2016 | $9,883 | $410,800 | $0 | $0 |
| 2015 | $9,319 | $391,500 | $0 | $0 |
| 2014 | -- | $395,900 | $0 | $0 |
| 2013 | -- | $399,800 | $275,400 | $124,400 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 01/06/2026 01/06/26 | For Sale | $2,000,000 | 0.0% | $451 / Sq Ft |
| 01/05/2026 01/05/26 | Off Market | $2,000,000 | -- | -- |
| 12/10/2025 12/10/25 | For Sale | $2,000,000 | -- | $451 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $1,400,000 | -- | |
| Warranty Deed | $650,000 | -- | |
| Deed | -- | -- | |
| Deed | $100 | -- | |
| Deed | $100 | -- |
Source: Stellar MLS
MLS Number: GC535966
APN: 14925-000-000
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Ask me questions while you tour the home.