Property
ActiveResidential
1/43
$469,900

2321 SW 31ST PLACE

Gainesville, FL 32608
8
Beds
4
Baths
3,360
SqFt
0.21
Acres
STELLAR
#GC540860
Updated: Jun 13, 2026, 8:53am

Property Description

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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Included Appliances
DishwasherDisposalElectric Water HeaterExhaust FanRangeRange HoodRefrigerator

Property Details

Interior
Additional Rooms
Great RoomInside Utility
Appliances
DishwasherDisposalElectric Water HeaterExhaust FanRangeRange HoodRefrigerator
Building Area Total
3360
Cooling
Central Air
Fireplace Features
Living RoomWood Burning
Flooring
Ceramic TileLuxury Vinyl
Furnished
Unfurnished
Heating
CentralElectric
Interior Features
Ceiling Fan(s)Living Room/Dining Room ComboOpen FloorplanPrimary Bedroom Main FloorThermostat
Laundry Features
InsideLaundry Closet
Living Area
3360
Window Features
Wood Frames
Construction
Building Area Source
Public Records
Building Area Units
Square Feet
Construction Materials
BlockWood Frame
Foundation Details
Slab
Levels
One
Living Area Source
Public Records
Living Area Units
Square Feet
Number Of Units Total
4
Property Condition
Completed
Roof
Metal
Year Built
1983
Site & Exterior
Exterior Features
NoneSidewalk
Flood Zone Code
X
I D X Participation
Yes
Lot Features
Corner LotCity LotLevelNear Public TransitSidewalk
Lot Size Acres
0.21
Lot Size Area
9148
Lot Size Square Feet
9148
Lot Size Units
Square Feet
Number Of Separate Electric Meters
4
Number Of Separate Water Meters
4
Open Parking
Yes
Parking Features
Open
Public Survey Range
19
Public Survey Section
00
Road Frontage Type
Street Paved
Road Surface Type
PavedAsphalt
Sewer
Public Sewer
Total Acreage
0 to less than 1/4
Utilities
BB/HS Internet AvailableCable AvailableElectricity ConnectedPublicSewer ConnectedStreet LightsUnderground UtilitiesWater Connected
Water Source
Public
Zoning
PD
Financials
Association Fee
500
Association Fee Frequency
Semi-Annually
Calculated List Price By Calculated Sq Ft
139.85
Contract Status Change Date
2026-06-12
Current Price
469900
Existing Lease Type
Gross
Feed Types
BBO
Lease Considered
Yes
Lease Term
12 Months
Minimum Lease
No Minimum
Monthly H O A Amount
83.33
Owner Name
ARVA GROUP LLC
Ownership
Fee Simple
Parcel Number
07314010001
Public Survey Township
10
Tax Annual Amount
8269.67
Tax Book Number
K-33
Tax Legal Description
PHOENIX S/D PHASE 2 PB K-33 LOT 1 OR 2226/1792 & OR 3080/1347
Tax Lot
Yes
Tax Year
2025
Total Actual Rent
4400
Total Annual Fees
1000
Total Monthly Fees
83.33

Neighborhood & Lifestyle

Community & Association
Additional Lease Restrictions
It is recommended that a Buyer review the community documents to verify the accuracy of the leasing restrictions and for specific details regarding leasing restrictions. The listing info in this section is believed to be accurate, but is not guaranteed.
Association Email
rentals@gore-rabell.com
Association Fee Requirement
Required
Association Name
Phoenix Association/Lucy McCullough
Association Phone
(352) 378-1387
Association U R L
M L S Area Major
32608 - Gainesville
Pet Restrictions
It is recommended that a Buyer review the community documents to verify the accuracy of the pet restrictions and for specific details regarding pet restrictions. The listing info in this section is believed to be accurate, but is not guaranteed.
Pets Allowed
Cats OKDogs OKYes
Subdivision Name
PHOENIX SUB PH II NAPIER GRT
Schools
Ratings
Elementary
Idylwild Elementary School-AL
Middle
Kanapaha Middle School-AL
High
Eastside High School-AL
Listing provided courtesy of STELLAR via IDX. Updated: Jun 13, 2026, 8:53am.
Dawn Johnson

Listing Agent

FIRST CHOICE REALTY OF NORTH FLORIDA LLC

Call Agent