$2,000,000

203 15th Street

Gainesville, FL 32603

Active
0
Beds
0
Baths
4,433
Sq Ft
0.35
Acres
1920
Built
$451/sqft
🏠Multi-Family 5+

Property type

🏗️1920

Year built

📐15,246 sqft

Lot size

📊$451

Price / sq ft

🏘️No HOA

HOA dues

📅129

Days on market

🌊X

Flood zone

About this home

Incredible Investment Opportunity – 8-Unit Portfolio Just TWO Blocks From UF! This prime-location portfolio offers unbeatable walkability to the University of Florida—just a short stroll from campus—and sits within the highly desirable U5 zoning district, opening the door to strong long-term value. All 8 units are fully leased through July 2027, providing immediate, stable income from day one. Property Highlights- Six (6) One-Bed/One-Bath Units, Each unit includes a full kitchen, living area, and a private bathroom & In-unit washer & dryer, stylish LVP flooring throughout. Each apartment has one assigned parking space per unit These are clean, efficient layouts that stay rented with ease. The corner Duplex (Two 1/1 Units) features a spacious living/dining combo, full kitchen, and private bath & one parking space per unit Fantastic visibility on the corner lot This rare offering is perfect for investors looking to grow their Gainesville portfolio with solid cash flow, premium location, and built-in stability. Properties this close to UF—with strong leases in place—don’t hit the market often!

Estimated monthly payment

Principal & interest$10,113
Property taxes$2,770
Home insurance (est.)$917

Estimate only. Taxes use the listing's reported amount where available; insurance is a Florida-average estimate. Your actual payment will vary — run a full calculation or talk to a lender.

Price & listing history129 days on market

  1. Status: Active
    Jan 6, 2026
  2. Listed$2,000,000
    Dec 10, 2025
  3. Price increased$2,000,000

Facts & features

Property type
Residential Income
Sub type
Multi-Family 5+
Status
Active
Days on market
129
Subdivision
Brown B W Orrs Sub
County
Alachua
Year built
1920
Living area
4,433 sq ft
Price/sq ft
$451
Lot size
15,246 sq ft
Lot category
1/4 to less than 1/2
Flood zone
X (12001C0314D)
Annual taxes
$33,237 (2025)
Parcel #
14925-000-000
Zoning
RMU
MLS #
GC535966

Interior Details

Bedrooms
0
Interior features
Other, Window Treatments
Laundry
Inside

Heating & Cooling

Heating
Central
Cooling
Central Air, Wall/Window Unit(s)

HOA & Financial

Total monthly fees
$0/mo
Total annual fees
$0
CDD
No
Ownership
Fee Simple

Exterior & Construction

Exterior features
Sidewalk
Construction materials
Block, Other, Frame
Roof
Shingle
Foundation
Crawlspace, Slab
Road surface
Asphalt

Utilities

Sewer
Public Sewer
Water source
Public
Utilities
Public

Listing Details

Listing date
2025-12-09
On market date
2025-12-10
Original list price
$2,000,000
MLS area
32603 - Gainesville
Listing AOR
Gainesville-Alachua
Status changed
2026-01-06
Tax legal description
ORR S/D PB A-76 LOTS 7 8 & 9 BK 3 OR 5043/2443

Flood risk

Minimal riskFEMA Zone XPanel 12001C0314D

Minimal-risk area outside the mapped floodplain. Flood insurance is optional and typically low-cost.

Source: FEMA flood zone reported on the listing. Confirm current designation at FEMA Flood Map Service Center.

Location

Directions

From I 75 Head East on University Avenue until you reach NW 15th Street. Make a left and then take a right on NW 2nd avenue. Duplex is on NW 15th street/NW 2nd Avenue and 6 plex is also on NW 2nd avenue right next door

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MLS GRID

Listings courtesy of Stellar MLS as distributed by MLS GRID

IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Based on information submitted to the MLS GRID as of April 18, 2026 at 7:55 AM ET. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

Ryan Solberg, Broker · MaxLife Realty LLC · FL License #BK3354351 · Equal Housing Opportunity · Full disclaimer · DMCA