Renovated and cash-flowing brick quadruplex for sale with strong occupancy history! All units are 2BD/1BA flats with open layouts and 713+/- sqft of living space. In-place rents: Unit A - Office/Storage, Unit B - $1,100, Unit C - $1,100, Unit D - $1,175. All units have updates including: kitchens and bathrooms, new fixtures, vinyl plank/tile flooring, and porch areas. Tenants pay all utilities. 2022 asphalt shingle roof, newer HVACs. Electric is copper wire with cutler hammer and square D breakers. Main plumbing drains are PVC. Plumbing supply lines are mainly copper with a few instances of CPVC in good condition with operable shutoff valves. Located at the front of the Cedar Ridge subdivision of Gainesville, FL; within 5 miles of the Oaks Mall, University of Florida, HCA North Florida Hospital, as well as several shopping centers & other amenities. This quad is being offered for sale along with 2 additional quadruplexes and 1 duplex in the same subdivision (724 SW 68th Ter, 723 SW 69th St, and 714 SW 69th St). Buildings can be purchased individually or as portfolio. Marketing package linked with information on all buildings. If you’re looking for a renovated, stabilized, and cash-flowing investment this is your opportunity! Call today to schedule a tour!
Pending
$440,000
712 SW 70TH TERRACE, GAINESVILLE, FL 32607
8beds
4baths
4,278sqft
Quadruplex, Multi Family
Built in 1980
-- sqft lot
$419,700 Zestimate®
$103/sqft
$-- HOA
What's special
Brick quadruplexNew fixturesPorch areas
- 35 days |
- 538 |
- 42 |
Likely to sell faster than
Zillow last checked:
Listing updated:
Listed by:
Joe Klenck 352-514-4725,
THE MULTIFAMILY ADVISORS 352-871-8324
Source: Stellar MLS,MLS#: GC542154
Originating MLS: Gainesville-Alachua

Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 8
- Bathrooms: 4
Heating
- Central
Cooling
- Central Air
Appliances
- Laundry: Other
Features
- Other
- Has fireplace: No
Interior area
- Total interior livable area: 4,278 sqft
Video & virtual tour
Property
Features
- Exterior features: None
Lot
- Size: 10,019 Square Feet
Details
- Parcel number: 06655052005
- Zoning: R-3
- 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: 1980
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Electricity Connected
Community & HOA
Community
- Pet fee: $0 monthly
- Subdivision: CEDAR RIDGE
HOA
- Has HOA: No
Location
- Region: Gainesville
Financial & listing details
- Price per square foot: $103/sqft
- Tax assessed value: $353,208
- Annual tax amount: $8,289
- Date on market: 7/23/2026
- Cumulative days on market: 35 days
- Ownership: Fee Simple
- Total actual rent: 0
- Electric utility on property: Yes
- Road surface type: Asphalt
Estimated market value
Zestimate®
$419,700
Estimated sales range
$399,000 - $441,000
Rent Zestimate®
$1,524/mo
Price history
| Date | Event | Price |
|---|---|---|
| 8/13/2026 | Pending sale | $440,000$103/sqft |
Source: | ||
| 7/23/2026 | Listed for sale | $440,000-59.4%$103/sqft |
Source: | ||
| 6/12/2023 | Sold | $1,085,000-16.5%$254/sqft |
Source: Agent Provided Report a problem | ||
| 4/11/2023 | Pending sale | $1,300,000$304/sqft |
Source: | ||
| 3/6/2023 | Listed for sale | $1,300,000+1703.1%$304/sqft |
Source: | ||
| 6/5/2001 | Sold | $72,100+10.9%$17/sqft |
Source: Public Record Report a problem | ||
| 12/9/1999 | Sold | $65,000+66.7%$15/sqft |
Source: Public Record Report a problem | ||
| 9/4/1996 | Sold | $39,000$9/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $8,290 +13.5% | $283,109 +10% |
| 2024 | $7,304 +34.3% | $257,372 +79.1% |
| 2023 | $5,438 +8.5% | $143,738 +10% |
| 2022 | $5,010 +6.1% | $130,671 +10% |
| 2021 | $4,723 +10.4% | $118,792 +10% |
| 2020 | $4,276 +35.2% | $107,993 +90.9% |
| 2019 | $3,162 | $56,562 -1.6% |
| 2018 | $3,162 +32.8% | $57,500 -16.1% |
| 2017 | $2,382 -2.8% | $68,500 +61.2% |
| 2016 | $2,449 +18.5% | $42,500 -4.3% |
| 2015 | $2,068 -2.4% | $44,400 -3.7% |
| 2014 | $2,119 -5.2% | $46,100 -3.6% |
| 2013 | $2,234 | $47,800 -10.7% |
| 2012 | -- | $53,500 -6.5% |
| 2011 | -- | $57,200 -19.2% |
| 2010 | -- | $70,800 -46.1% |
| 2008 | -- | $131,300 -8.4% |
| 2007 | -- | $143,400 +20.4% |
| 2006 | -- | $119,100 +48% |
| 2005 | -- | $80,500 +4.3% |
| 2004 | -- | $77,200 +66.7% |
| 2003 | -- | $46,300 |
| 2002 | -- | $46,300 +19.6% |
| 2000 | -- | $38,700 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.Climate risks
Neighborhood: 32607
Nearby schools
GreatSchools rating
- 3/10Myra Terwilliger Elementary SchoolGrades: PK-5Distance: 3.7 mi
- 7/10Fort Clarke Middle SchoolGrades: 6-8Distance: 2.4 mi
- 6/10F. W. Buchholz High SchoolGrades: 9-12Distance: 2.5 mi
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