GAINESVILLE, FL 32601 1102 NW 3RD AVENUE
$698,000
17 more
Presented By: COLDWELL BANKER M.M. PARRISH REALTORS with 352-335-4999. - 352-335-4999
Beds • 7
Baths • 4
SQFT • 2,826
Home Details
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.
Presented By: COLDWELL BANKER M.M. PARRISH REALTORS with 352-335-4999. - 352-335-4999
Interior Features for 1102 NW 3RD AVENUE
Bedrooms
Total Bedrooms7
Bathrooms
Total Baths4
Other Interior Features
LivingAreaSourcepublic records
Air Conditioning Y/NYes
Fireplace Y/NNo
Heating Y/NYes
Interior Amenitiessolid wood cabinets
Laundry Featureslaundry closet, laundry room, same floor as condo unit
General for 1102 NW 3RD AVENUE
Additional Parcels Y/NNo
Attached Garage No
Building Area Unitssquare feet
Carport Y/NNo
Citygainesville
Construction Materialswood frame
Coolingmini-split unit(s)
Countyalachua
Directionsdriving north or south from 6th street, main street, or waldo rd/301 to university avenue, turn west. proceed westward up until nw 10th street turn north, make a left on 3rd avenue, home is on the corner
DockY/NNo
Flood Zone Codex
Flood Zone Code XY
Garage Y/NNo
HOANo
Heatingelectric
Land Lease Y/NNo
Lease Considered Y/NYes
Legal Descriptionbrown addn bk 11 pb a-64 hickson replat pb b-50 lot 26 or 4587/0062
Levelstwo
Listing Termscash, conventional
Living Area Unitssquare feet
Lot Size Square Feet4792
Lot Size Unitssquare feet
MLS Area32601 - gainesville
Minimum Leaseno minimum
ModificationTimestamp2025-09-11t10:47:26.150z
New ConstructionNo
Number Of Units Total3
Ownershipfee simple
Property Attached Y/NYes
Property Conditioncompleted
Property Subtypeduplex
Property Typeresidential income
Roofmetal
Senior Community Y/NNo
Sewerpublic sewer
Standard Statusactive
Statusactive
Subdivision Namebrowns add -hickson rep
Tax Annual Amount11922.55
Tax Lot26
Tax Year2024
Total Actual Rent4800
Utilitieselectricity connected, water connected
Virtual TourClick here
Water Access Y/NNo
Water View Y/NNo
Year Built1958
Zoningrmf5
Exterior for 1102 NW 3RD AVENUE
Building Area Total2896
Exterior Amenitiesprivate mailbox
Foundation Detailscrawlspace
Lot Dimensions50 x 95
Lot Size Acres0.11
Lot Size Area4792
Number of Buildings2
Private PoolNo
Road Surface Typeasphalt
Water Sourcepublic
Waterfront Y/NNo
Additional Details
Price History
Steven Silcock
Broker Owner