Rare investor opportunity near University of Florida! This fully-occupied, income-producing quadplex at 3700 SW 29th Ter, Gainesville, FL 32608 is ideally located just 3 miles from the University of Florida, making it a highly desirable rental for students. With four units generating steady rental income and a strong occupancy history, this property is a true turnkey investment. Each unit is well-maintained with great rental appeal, and the property benefits from consistent demand in one of Gainesville’s hottest rental markets. Located near shopping, dining, public transit, and major roadways, this is a rare chance to own a proven money-maker in an unbeatable location. Perfect for both seasoned investors and first-time multi-family buyers — don’t miss out on this opportunity to add an income-generating quadplex to your portfolio!
Sold for $461,000 on 08/08/25
$461,000
3700 SW 29th Ter, Gainesville, FL 32608
8beds
4baths
3,240sqft
Quadruplex, Multi Family
Built in 1981
-- sqft lot
$461,000 Zestimate®
$142/sqft
$1,679 Estimated rent
What's special
Zillow last checked: 7 hours ago
Listing updated: August 08, 2025 at 09:35am
Listing Provided by:
Michael Dean 352-231-3865,
REAL BROKER, LLC 855-450-0442
Bought with:
Allison Belfakir, 3484378
GRECO REAL ESTATE
Source: Stellar MLS,MLS#: GC531439
Originating MLS: Orlando Regional

Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 8
- Bathrooms: 4
Heating
- Central, Electric
Cooling
- Central Air
Appliances
- Laundry: None
Features
- Ceiling Fan(s)
- Windows: Window Treatments
- Has fireplace: No
Interior area
- Total interior livable area: 3,240 sqft
Property
Features
- Exterior features: Lighting, Other
Lot
- Size: 0.30 Acres
Details
- Parcel number: 07296020032
- Zoning: R-2A
- Special conditions: None
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Quadruplex, Multi Family
Materials
- Block
- Foundation: Slab
- Roof: Shingle
Condition
- New construction: No
- Year built: 1981
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Electricity Connected
Community & neighborhood
Location
- Region: Gainesville
- Subdivision: SERENOLA MANOR UNIT 2 NAPIER
HOA & financial
HOA
- Has HOA: No
Other fees
- Pet fee: $0 monthly
Other financial information
- Total actual rent: 0
Other
Other facts
- Listing terms: Cash,Conventional,FHA,VA Loan
- Ownership: Fee Simple
- Road surface type: Paved
Services availability
Sell for more on Zillow
Get a free Zillow Showcase℠ listing and you could sell for .
$461,000
2% more+ $9,220
With Zillow Showcase(estimated)
$470,220