$595,000
1718 69 Terrace
Gainesville, FL 32607
Listing updated: April 28, 2026 at 12:22 PM ET
Property type
Year built
Lot size
Price / sq ft
HOA dues
Days on market
Flood zone
About this home
Turnkey Gainesville Fourplex — Stabilized Asset with Strong Cash Flow Potential Positioned in one of North Central Florida’s most reliable rental markets, this upgraded fourplex presents a compelling opportunity for investors seeking immediate income and long-term appreciation. The property consists of four spacious 2BR/1.5BA units with a proven, tenant-friendly layout that supports consistent occupancy and retention. Capital improvements completed in 2024—2025, including flooring, windows, plumbing, and full bathroom upgrades, significantly reduce deferred maintenance and future CapEx exposure. With strong rental demand driven by the University of Florida and surrounding employment hubs, this asset is well-positioned for stable cash flow and continued rent growth. Ideal for investors seeking a low-maintenance, income-producing property with upside potential through rental optimization.
Estimated monthly payment
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 history3 days on market
- Status: ActiveApr 25, 2026
- Listed$595,000Apr 25, 2026
- Price increased$595,000
Facts & features
- Property type
- Residential Income
- Sub type
- Quadruplex
- Status
- Active
- Days on market
- 3
- Subdivision
- Tower Oaks
- County
- Alachua
- Year built
- 1981
- Living area
- 3,720 sq ft
- Price/sq ft
- $160
- Building area
- 3,948 sq ft (Public Records)
- Lot size
- 10,890 sq ft
- Lot category
- 1/4 to less than 1/2
- Flood zone
- C0293E
- Annual taxes
- $10,873 (2025)
- Parcel #
- 06678-100-009
- Zoning
- PD
- MLS #
- GC539450
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Interior Details
- Bedrooms
- 8
- Flooring
- Carpet, Ceramic Tile, Laminate
- Appliances
- Cooktop, Dryer, Electric Water Heater, Exhaust Fan, Range, Refrigerator, Washer
- Interior features
- Ceiling Fans(s), Central Vaccum, Living Room/Dining Room Combo, PrimaryBedroom Upstairs, Solid Surface Counters, Thermostat
- Laundry
- Inside, Upper Level
- Stories / Levels
- Two
Heating & Cooling
- Heating
- Central
- Cooling
- Central Air
Parking
- Attached garage
- No
- Parking features
- Ground Level, On Street
HOA & Financial
- Total monthly fees
- $0/mo
- Total annual fees
- $0
- CDD
- No
- Listing terms
- Cash, Conventional
- Ownership
- Fee Simple
Exterior & Construction
- Exterior features
- Balcony, Courtyard, Lighting
- Construction materials
- Block, Concrete, HardiPlank Type
- Roof
- Shingle
- Foundation
- Block
- Road surface
- Asphalt
Utilities
- Sewer
- Public Sewer
- Water source
- Public
- Utilities
- Cable Available, Electricity Available, Electricity Connected, Public, Sewer Available, Sewer Connected
Schools
Letter grades: Florida DOE 2024–25 school grades (Orange, Seminole, Lake, Osceola, Brevard). Assigned schools from the listing agent — verify enrollment with the district.
Listing Details
- Listing date
- 2026-04-23
- On market date
- 2026-04-25
- Original list price
- $595,000
- MLS area
- 32607 - Gainesville
- Listing AOR
- Gainesville-Alachua
- Status changed
- 2026-04-25
- Tax legal description
- TOWER OAKS UNIT 1 PB K86 LOT 9 or 5113/0985
Flood risk
See FEMA for this zone’s designation and insurance requirements.
Source: FEMA flood zone reported on the listing. Confirm current designation at FEMA Flood Map Service Center.
Location
Directions
From I-75, drive to W. Newberry Rd, to NW 75th Street. Head South, then turn East on SW 19th Court to 69th Terr. The building (1718) is at the end of the cul-de-sac.
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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 28, 2026 at 12:22 PM 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.
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