302 Northwest 7th Terrace

Gainesville FL 32601

2174 sq. ft.

8276 sq. ft.

Duplex

Last sold for $670,000

Joseph Klenck, last sold this property on 14 August 2025 after 57 days on market.

Overview

WALK TO UF! Two completely remodeled duplexes for sale (4 units). All units are pre-leased through July 2026. Units are comprised of one 2BD/2BA unit and three 1BD/BA units. All units have been completely remodeled including: kitchens, bathrooms, flooring, HVACs, water heaters, metal roofs, plumbing, electric, etc. Tenants pay all utilities. Combined annual gross rents of $62,100, increasing to $64,500 this July. Units are professionally managed. Net income is pro-forma estimate. Across from the University of Florida and countless amenities. This is the perfect opportunity to own stabilized investment property near the University of Florida! Can be bought with adjacent SFR rental home for sale (MLS #R4909490).

Features

5 bedrooms

5 bathrooms

2174 sq. ft. floor area

8276 sq. ft. lot size

Duplex

Estimated Value

We need at least 3 similar 5 bedroom duplexes sold in Gainesville over the last 12 months.

Property history for 302 Northwest 7th Terrace

2025

Sold

$670,000

14 Aug 2025 by Joseph Klenck, of BRG REALTY VENTURES

2019

Sold

$375,000

05 Apr 2019 by Kristen Rabell, of WATSON REALTY CORP- TIOGA

Happy sellers in Gainesville

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