$440,000

Est. payment - /mo

8 Beds

8 Baths

3,902 SqFt

Sold on 09/18/2026

724 SW 68TH TER Gainesville, FL 32607

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Benjamin Simanton

Agent License ID: SL3227545

+1(407) 790-2277

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UPDATED:

Key Details

Sold Price $440,000

Property Type Multi-Family

Sub Type Quadruplex

Listing Status Sold

Purchase Type For Sale

Square Footage 3,902 sqft

Price per Sqft $112

Subdivision Cedar Ridge

MLS Listing ID GC542159

Sold Date 09/18/26

Bedrooms 8

HOA Y/N No

Year Built 1981

Annual Tax Amount $8,883

Lot Size 10,890 Sqft

Acres 0.25

Property Sub-Type Quadruplex

Source Stellar MLS

Property Description

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!

Location

State FL

County Alachua

Community Cedar Ridge

Area 32607 - Gainesville

Zoning R-3

Interior

Interior Features Other

Heating Central

Cooling Central Air

Fireplace false

Laundry Electric Dryer Hookup, Washer Hookup

Exterior

Exterior Feature Other

Utilities Available Electricity Connected

View Y/N No

Water Access No

Roof Type Shingle

Garage false

Private Pool No

Building

Foundation Slab

Lot Size Range 1/4 to less than 1/2

Sewer Public Sewer

Water Public

Structure Type Block

New Construction false

Others

Senior Community No

Ownership Fee Simple

Special Listing Condition None

Listed by Joe Klenck THE MULTIFAMILY ADVISORS
Bought with Matthew Wheatley WHEATLEY REALTY GROUP

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