$698,000
1102 NW 3RD AVENUE
GAINESVILLE, FL, 32601
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.
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.
Property Details
Price:
$698,000
MLS #:
GC533911
Status:
Active
Beds:
7
Baths:
4
Address:
1102 NW 3RD AVENUE
Type:
Multi Family
Subtype:
Duplex
Subdivision:
BROWNS ADD -HICKSON REP
Neighborhood:
32601gainesville
City:
GAINESVILLE
Listed Date:
Sep 10, 2025
State:
FL
Finished Sq Ft:
2,826
Total Sq Ft:
2,896
ZIP:
32601
Lot Size:
4,792 sqft / 0.11 acres (approx)
Year Built:
1958
Units:
3
Schools
Interior
Cooling
Mini- Split Unit(s)
Heating
Electric
Laundry Features
Laundry Closet, Laundry Room, Same Floor As Condo Unit
Exterior
Construction Materials
Wood Frame
Exterior Features
Private Mailbox
Roof
Metal
Financial
Tax Year
2024
Taxes
$11,923
Mortgage Calculator
Map
Similar Listings Nearby
- 1203 NW 12TH AVENUE
GAINESVILLE, FL$679,000
0.61 miles away
- 113 NW 11TH STREET UNIT 1/2
GAINESVILLE, FL$675,000
0.08 miles away
- 6417 SW 9TH AVENUE
GAINESVILLE, FL$498,000
4.57 miles away
Courtesy of COLDWELL BANKER M.M. PARRISH REALTORS. Disclaimer: All data relating to real estate for sale on this page comes from the Broker Reciprocity (BR) of the Orlando/Tampa – FL. Detailed information about real estate listings held by brokerage firms other than Treasured Home Collection include the name of the listing broker. Neither the listing company nor Treasured Home Collection shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The Broker providing this data believes it to be correct, but advises interested parties to confirm any item before relying on it in a purchase decision. Copyright 2025. Orlando/Tampa – FL. All rights reserved. 1102 NW 3RD AVENUE
GAINESVILLE, FL
LIGHTBOX-IMAGES
