Multi Family Investment Portfolio: 3 Properties

824 SE 1st Ave, Gainesville, FL 32601

Property Information

  • For Sale $1,035,000
  • Property Type Multi-Family
  • Property Size 2,966 SF
  • Units 8
  • Lot Size 0.32 Acre
  • Building Class C
  • Year Built 1978
  • Date Updated Oct 20, 2026

Description

This three-property portfolio spans distinct areas of Gainesville. 824 SE 1st Ave sits near downtown, with access to its restaurants, businesses, and entertainment. 1504 E University Ave is positioned along the East University Avenue corridor, connecting East Gainesville with downtown. 3116 SW 26th Way is on Gainesville’s southwest side, approximately two miles from the University of Florida. Together, the properties give an investor exposure to three locations within the Gainesville rental market.Acquire eight residential units across three Gainesville properties in one transaction. This portfolio includes a fourplex at 824 SE 1st Ave near downtown and duplexes at 1504 E University Ave and 3116 SW 26th Way. The properties span three distinct areas of the city, from the East University Avenue corridor to southwest Gainesville near the University of Florida. For an investor looking to expand in the Gainesville rental market, the portfolio offers the scale of eight units with the opportunity to evaluate and improve each property individually. Contact us for the rent roll, additional property details, and showing information.

Highlights

  • Eight residential units across three Gainesville properties
  • Locations near downtown Gainesville, along East University Avenue, and in southwest Gainesville
  • One fourplex and two duplexes offered as a single portfolio
  • Opportunity to grow an existing rental portfolio or establish a presence in the Gainesville market
  • Southwest property located near the University of Florida
  • Three separate properties offer flexibility for future improvements and management

Contacts

Location

Located at 824 SE 1st Ave, Gainesville, FL 32601, this property is part of the Springhill - Kirkwood neighborhood and North Central Florida market.

Contact Listing Broker
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