$1,350,000

637 NE Waldo Rd Gainesville, FL 32641

Duval and Eagle Eyes Neighborhood

Estimated payment $8,527/month

Total Views 6,007
33 Beds
11 Baths
11,490 Sq Ft
$117 Price per Sq Ft

Highlights

  • 1.56 Acre Lot
  • No HOA
  • Laundry Room
  • Gainesville High School Rated A
  • Eat-In Kitchen
  • 4-minute walk to Northeast Complex

About This Home

Introducing Oaks Crossing, a prime investment opportunity featuring 11 well-maintained buildings, each offering three-bedroom, one-bath homes designed for long-term value and tenant appeal. This income-generating property boasts: Durable metal roofs for longevity and low maintenance = Luxury vinyl plank (LVP) flooring throughout for a modern and durable touch = Updated kitchens with stylish finishes and contemporary cabinetry = Upgraded appliances providing efficiency and reliability = In-unit laundry connections for tenant convenience = All concrete block construction, ensuring structural integrity and energy efficiency. With strong rental demand and quality upgrades, Oaks Crossing presents an excellent opportunity for investors seeking steady cash flow and property appreciation. Don’t miss out on this turnkey investment—schedule a showing today!

Listing Agent

Robert Mitchell

MITCHELL REALTY SERVICES INC Brokerage Phone: 352-374-8579 License #3002625 Listed on: 03/10/2025

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $12,070

Year Built

  • Built in 1945

Lot Details

  • 1.56 Acre Lot
  • Fenced

Home Design

  • Slab Foundation
  • Metal Roof
  • Concrete Siding
  • Block Exterior

Interior Spaces

  • 11,490 Sq Ft Home
  • Ceiling Fan
  • Family Room
  • Inside Utility
  • Laundry Room
  • Laminate Flooring

Kitchen

  • Eat-In Kitchen
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 33 Bedrooms
  • 11 Bathrooms

Schools

  • Marjorie Kinnan Rawlings Elementary School
  • Westwood Middle School
  • Gainesville High School

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater
  • Private Sewer

Listing and Financial Details

  • Tax Lot 11
  • Assessor Parcel Number 12515-000-000

Community Details

Overview

  • No Home Owners Association
  • 11 Units
  • 1,037 Sq Ft Building
  • Harris Land Subdivision

Building Details

  • Operating Expense $23,686
  • Gross Income $145,200

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$12,070

Year Built

Built in 1945

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi Family
  • Construction Materials: Block, Concrete
  • Fireplace: No
  • Living Area: 11490
  • Lot Size Acres: 1.56
  • New Construction: No
  • Year Built: 1945
  • Building Area Total: 1037
  • Lease Term: Twelve Months
  • Lot Size Sq Ft: 67954
  • Number Of Lots: 1
  • Tenant Pays: Electricity, Sewer, Water
  • Directions to Property: Situated on NE Waldo Road between NE 8th Avenue and NE 3rd Avenue
  • Status: Active
  • Street Direction: NE
  • Ownership: Fee Simple
  • ResoBuildingAreaSource: PublicRecords
  • Escrow State: FL
  • List Office Head Office Key Nume: 555141311
  • RATIO Current Price By Calculate: 117.49
  • Total Acreage: 1 to less than 2
  • Unit Number YN: 0
  • Water Access YN: 0
  • Attribution Contact: 352-374-8579
  • Tax Year: 2024
  • Special Features: None

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Laminate
  • Interior Amenities: Ceiling Fans(s), Eat-in Kitchen
  • Appliances Included: Dishwasher, Electric Water Heater, Microwave, Other, Refrigerator
  • Foundation Details: Slab
  • Total Bedrooms: 33
  • Levels: One
  • Street Number Modifier: 637
  • ResoLivingAreaSource: PublicRecords
  • Additional Rooms: Family Room,Inside Utility
  • Living Area Meters: 1067.46

Exterior Features

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

Garage/Parking

  • Carport Y N: No
  • Garage Yn: No
  • Parking Features: Other

Utilities

  • Utilities: Other
  • Cooling: Central Air
  • Heating: Central, Electric
  • Laundry Features: Inside, Laundry Room
  • Sewer: Private Sewer
  • Water Source: Public
  • Individually Metered: Cable,Electric,Internet,Sewer,Water

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Association 2 YN: 0
  • Association Fee Requirement: None
  • Development: Not in Development

Fee Information

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

Schools

  • Elementary School: Marjorie Kinnan Rawlings Elementary School-AL
  • High School: Gainesville High School-AL
  • Middle Or Junior School: Westwood Middle School-AL

Lot Info

  • Zoning: RMF6
  • Parcel Number: 12515-000-000
  • Additional Parcels: No
  • Flood Zone Code: X
  • Lot Size Square Meters: 6313

Rental Info

  • Furnished: Unfurnished
  • Total Actual Rent: 12100
  • Terms Of Lease: Gross Lease

Multi Family

  • Gross Income: 145200
  • Number Of Units Total: 11
  • Total Num Buildings: 11
  • Unit Count: 1
  • Est Annual Market Income: 171600.00
  • Total Monthly Expenses: 11616

Tax Info

  • Tax Annual Amount: 12070
  • Tax Lot: 11

Map

Range of Values:

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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 Change Sq Ft Price
05/20/2025 05/20/25 For Rent $1,200 0.0% --
03/10/2025 03/10/25 For Sale $1,350,000 0.0% $117 / Sq Ft
12/06/2021 12/06/21 Off Market $900 -- --
07/20/2020 07/20/20 Rented $900 0.0% --
07/17/2020 07/17/20 Under Contract -- -- --
05/13/2020 05/13/20 For Rent $900 -- --
Source: Stellar MLS

Source: Stellar MLS

MLS Number: GC528945

Stellar MLS

Florida Alachua County Gainesville 32641 Duval and Eagle Eyes

637 NE Waldo Rd, Gainesville, FL

This home is located at 637 NE Waldo Rd, Gainesville, FL 32641 and is currently priced at $1,350,000, approximately $117 per square foot. This property was built in 1945. 637 NE Waldo Rd is a home located in Alachua County with nearby schools including Marjorie Kinnan Rawlings Elementary School, Westwood Middle School, and Gainesville High School.

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

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Listing Agent
Robert Mitchell
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MITCHELL REALTY SERVICES INC
(352) 806-4772