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For sale
  • $440,000

    724 SW 68th Ter, Gainesville, FL 32607

    8beds
    8baths
    3,902sqft
    : 
    $3,081/mo
    Get pre-qualified
    Quadruplex, Multi Family
    Built in 1981
    -- sqft lot
    $482,500 Zestimate®
    $113/sqft
    $-- HOA

    What's special

    New fixturesOpen layoutsPrivate fenced backyard areas
    Renovated and cash-flowing brick quadruplex for sale with stellar occupancy history! All units are 2BD/1.5BA townhome style with open layouts and 975+/- sqft of living space. Unit A - $1,200, Unit B - $1,258, Unit C - Vacant for tours (previously $1,300), Unit D - $1,170. Completely remodeled kitchens and bathrooms, new fixtures, vinyl plank/tile flooring, private deck areas for both bedrooms, and private fenced backyard areas. Tenants pay all utilities, no HOA. 2025 asphalt shingle roof, 3 HVACs are less than 4 years old. 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 (1 directly adjacent) and duplex in the same subdivision (723 SW 69th St, 712 SW 70th Ter, 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!
    23 hours
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    103
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    Zillow last checked:

    Listing updated:

    Listed by:

    Joe Klenck 352-514-4725,

    THE MULTIFAMILY ADVISORS 352-871-8324

    Source: Stellar MLS,MLS#: GC542159MLS LogoOriginating MLS: Gainesville-Alachua

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 8
      • Bathrooms: 8
      Heating
      • Central
      Cooling
      • Central Air
      Appliances
      • Laundry: Electric Dryer Hookup, Washer Hookup
      Features
      • Other
      • Has fireplace: No
      Interior area
      • Total interior livable area: 3,902 sqft
      Video & virtual tour

      Property

      Features
      • Exterior features: Other
      Lot
      • Size: 0.25 Acres
      Details
      • Parcel number: 06655053009
      • 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: 1981

      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: $113/sqft
      • Tax assessed value: $393,490
      • Annual tax amount: $8,883
      • Date on market: 7/23/2026
      • Cumulative days on market: 1 day
      • Ownership: Fee Simple
      • Total actual rent: 0
      • Electric utility on property: Yes
      • Road surface type: Asphalt

        Estimated market value

        $482,500

        $400,000 - $584,000

        $1,163/mo

        Price history

        DateEventPrice
        7/23/2026Listed for sale$440,000+319%$113/sqft
        Source: Stellar MLS #GC542159 Report a problem
        10/6/2003Sold$105,000+23.5%$27/sqft
        Source: Public Record Report a problem
        12/11/2002Sold$85,000$22/sqft
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$8,883 +13.9%$318,358 +10%
        2024$7,799 +63.2%$289,416 +216%
        2023$4,778 +12.2%$91,591 +10%
        2022$4,258 +6.4%$83,265 +10%
        2021$4,004 +16.3%$75,695 +10%
        2020$3,442 +16.1%$68,813 +10%
        2019$2,966 $62,557 -1.8%
        2018$2,966 +18.3%$63,700 -16.4%
        2017$2,508 -3.2%$76,200 +62.1%
        2016$2,591 +19.3%$47,000 -4.1%
        2015$2,173 -2.4%$49,000 -4.5%
        2014$2,227 -5.5%$51,300 -1.9%
        2013$2,356 $52,300 -12.7%
        2012-- $59,900 -8.3%
        2011-- $65,300 -20.6%
        2010-- $82,200 -44.3%
        2009-- $147,600 -2.8%
        2008-- $151,900 -8.5%
        2007-- $166,000 +21%
        2006-- $137,200 +48%
        2005-- $92,700 +5.8%
        2004-- $87,600 +41.7%
        2003-- $61,800
        2002-- $61,800 +19.8%
        2001-- $51,600 +1.4%
        2000-- $50,900
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

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        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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        Climate risks

        Neighborhood: 32607

        Getting around

        8 / 100
        Car-Dependent
        49 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating

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