$440,000
724 68th Terrace
Gainesville, FL 32607
Listing updated: July 23, 2026 at 1:47 PM ET
Listing courtesy of The Multifamily Advisors · Joe Klenck · MLS #GC542159 · Active · 352-871-8324Property type
Year built
Lot size
Price / sq ft
HOA dues
Days on market
Flood zone
About this home
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. 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!
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 history0 days on market
- Status: ActiveJul 23, 2026
- Listed$440,000Jul 23, 2026
- Price increased$440,000
Facts & features
- Property type
- Residential Income
- Sub type
- Quadruplex
- Status
- Active
- Days on market
- 0
- Subdivision
- Cedar Ridge
- County
- Alachua
- Year built
- 1981
- Living area
- 3,902 sq ft
- Price/sq ft
- $113
- Lot size
- 10,890 sq ft
- Lot category
- 1/4 to less than 1/2
- Flood zone
- X (12001C0293E)
- Annual taxes
- $8,883 (2025)
- Parcel #
- 06655-053-009
- Zoning
- R-3
- MLS #
- GC542159
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Interior Details
- Bedrooms
- 8
- Interior features
- Other
- Laundry
- Electric Dryer Hookup, Washer Hookup
Heating & Cooling
- Heating
- Central
- Cooling
- Central Air
HOA & Financial
- Total monthly fees
- $0/mo
- Total annual fees
- $0
- CDD
- No
- Ownership
- Fee Simple
Exterior & Construction
- Exterior features
- Other
- Construction materials
- Block
- Roof
- Shingle
- Foundation
- Slab
- Road surface
- Asphalt
Utilities
- Sewer
- Public Sewer
- Water source
- Public
- Utilities
- Electricity Connected
Listing Details
- Listing date
- 2026-07-22
- On market date
- 2026-07-23
- Original list price
- $440,000
- MLS area
- 32607 - Gainesville
- Listing AOR
- Gainesville-Alachua
- Status changed
- 2026-07-23
- Tax legal description
- CEDAR RIDGE PB K-8 LOT 9 BK C OR 5098/0506
Flood risk
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 intersection of SW 75th ST (Tower Rd) and SW 8th Ave, head east on 8th Ave. First property (quad) is located on SW 70th St (turn Left) and subject is 2nd one on the left. From there continue north on 70th St and turn right on SW 6th Pl. Two additional properties are located on the cul-de-sac of SW 69th St, and the 4th property is located on the cul-de-sac of SW 68th Terr.
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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 July 23, 2026 at 1:47 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.
All or a portion of the multiple listing information is provided by Stellar MLS, from a copyrighted compilation of listings. The compilation of listings and each individual listing are © 2026 Stellar MLS. All rights reserved.
Ryan Solberg, Broker · MaxLife Realty LLC · FL License #BK3354351 · Equal Housing Opportunity · Full disclaimer · DMCA