This four-unit quadplex offers a prime opportunity for investors or buyers with a vision. Located off of 53rd and 13th, this property is perfect for someone looking to bring a multi-family property back to life. The building has solid bones and potential for significant value appreciation make it an excellent candidate for a renovation project. Key Features: Four Separate Units: Each unit offers 2 bedrooms and 1.5 bathrooms, with functional layouts with lots of natural light Spacious Lot: The property sits on a generous lot with ample parking and a large separated back porch for each unit. Amenities: All four units have A washer and dryer hookup. Hvac is new in each unit. Back deck is new as well. Located in central Gainesville, 15 minutes from the University of Florida
Property Details
Property Features
Property Information:
Year Built: 1981
Living Area: 3,720 SqFt
Listing Office:
Office Name: KELLER WILLIAMS GAINESVILLE REALTY PARTNERS
Directions: From the intersection of NW 22nd St and NW 34th Blvd; go south on NW 22nd St to NW 55th Ave. Take a right (West) onto NW 55th Ave. Continue until you arrive at NW 20th Way, take a left (South). Building will be on your left.
Price Information
Listing Price Info
Price Summary:
List Price: $399,000
Price Per SqFt: $107/SqFt
Tax Information:
Annual Amount: $3,191
Tax Year: 2020
What can I afford?
Understand what home price range makes sense for your budget.
Housing Market Comparison
See how this home compares to others in Gainesville, FL.
This property is $88.9K more than the Median Sold Price and $90/SqFt less than other homes in Gainesville, FL.
Based on homes sold in the last 12 months
MLS Details
MLS Information:
MLS Name: MFRMLS
MLS Number: #GC526672
Listing Office:
Office Name: KELLER WILLIAMS GAINESVILLE REALTY PARTNERS
Office Phone: (352) 240-0600
Listing Agent: Michael Dean
Listings courtesy of Stellar MLS as distributed by MLS GRID.
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.
Copyright 2024 My Florida Regional Multiple Listing Service DBA Stellar MLS. The real estate listing data marked with this icon comes from the IDX program of the Stellar MLS system. All information provided is deemed reliable but is not guaranteed and should be independently verified. Listings displayed on this website may be subject to prior sale or removal from sale; availability of any listing should always be independently verified. Listing information is provided exclusively for consumers’ personal, non-commercial use, solely to identify potential properties for potential purchase; all other use is strictly prohibited and may violate relevant federal and state law. Properties displayed may be listed or sold by various participants in the MLS. Data displayed may be a portion of, and not a complete set of all listings published in the MLS. Last updated on: 12/17/2024, 10:49:50 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Property Sales & Tax
Listing History
DATE
EVENT
PRICE
Apr 08, 2005
Apr 08, 2005Home Sold
$205,000
Aug 03, 2001
Aug 03, 2001Home Sold
$127,000
Tax History
YEAR
PROP. TAX
ASSESSMENT
2020
$3,191
$128,000
2019
$3,257
$128,000
2018
$3,007
$128,000
2017
$2,800
$112,800
History based on county public records data.
Payment Calculator
Calculate your estimated monthly expenses for this listing. Play with the values below to better understand your monthly payment and utilities.
$2,059
Per Month
Principal & Interest
$1,992
Home PriceThe dollar amount you pay for the home.
$
Interest RateMortgage interest rates fluctuate, but they're typically in the 5% to 9% range. Your rate will be calculated based on personal details including your credit score.
%
Down PaymentThe initial money paid at closing that is usually a percentage of the purchase price. Most loans require at least 3% down, but a 0% down payment may be possible if you're eligible for a VA or USDA loan.
$%
Loan TermThis is how long you'll pay on the loan. A longer term gives you smaller payments, while a shorter term saves you money on interest.
Property Taxes
$0
Property Taxes -Annual CostEvery homeowner pays taxes to their local government based on their home's value and the property tax rates for the county or city. Most areas charge property taxes semiannually.
$/ Year
Mortgage Insurance
$0
Mortgage Insurance -Monthly PremiumMortgage insurance helps secure a mortgage with a lower down payment. It typically costs 0.1% - 2% of your loan amount per year.
$/ Month
Homeowners Insurance
$67
Homeowners Insurance -Monthly PremiumMost homeowners pay about $1,000 a year for homeowners insurance, but the cost varies based on your location, home and coverage.
$/ Month
Homeowners Association (HOA)
$0
Homeowners Association -Monthly FeesHomeowners Association (HOA) fees can range from $30 per month to $500+ per month. Be sure to ask your agent about HOA fees on a home as it can impact your affordability or check the online home listing.
$/ Month
Utilities
$0
Utilities - Monthly CostYou'll need to budget for utilities as a homeowner, which typically includes water and sewer, gas and electric, internet and cable. Cost will depend on your location and the size of your home. On a monthly basis, Americans pay $239 - $442 per month.
$/ Month
Recommended Financing
30-Year Fixed
Rate/APR
7.5% / 6.68%
Total Monthly Payment
$1,263
Schools
Schools Nearby
The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.
We're sorry, we currently don't have assigned school data for this listing.
Nearby Schools
5
/10
C. W. Norton Elementary School
2200 NW 45th Ave
Distance between this listing and this school0.53 miles
Public District Grades KG-5
3
/10
Stephen Foster Elementary School
3800 NW 6th St
Distance between this listing and this school1.58 miles
Public Magnet Grades KG-5
6
/10
Glen Springs Elementary School
2826 NW 31st Ave
Distance between this listing and this school1.72 miles
Public District Grades KG-5
Nearby Schools
3
/10
Westwood Middle School
3215 NW 15th Ave
Distance between this listing and this school2.99 miles
Public District Grades 6-8
4
/10
Howard W. Bishop Middle School
1262 NW 31st Dr
Distance between this listing and this school3.25 miles
Public Magnet Grades 6-8
3
/10
Resilience Charter School Inc
1717 NE 9th St
Distance between this listing and this school3.31 miles
Public Charter Grades 6-8
Nearby Schools
4
/10
Gainesville High School
1900 NW 13th St
Distance between this listing and this school2.47 miles
Public Magnet Grades 9-12
1
/10
A. Quinn Jones/Exceptional Student Center
1108 NW 7th Ave
Distance between this listing and this school3.30 miles
Public District Grades 6-12
1
/10
North Central Florida Public Charter School
1000 NE 16th Ave Bldg C
Distance between this listing and this school3.40 miles
The neighbors living near this home have an average income of $51,059. Most Gainesville, FL residents have annual incomes less than $35k. Typical family type is single, no kids. The majority of residents in this area have post secondary degree education.
This home is located at 5325 NW 20th Way in Gainesville, FL and zip code 32653 in the Northwest Gainesville neighborhood. This 3,720 square foot home, which was built in 1981, sits on a 0.28 acre lot. Features: 8 bedrooms, 4 bathrooms. It has been listed on Rocket Homes since December 13, 2024 and is currently priced at $399,000.
Over 16 listings were sold over their listed price in November 2024 in Gainesville, FL. In the same period over 77 listings were sold below the listed price and 20 listings were sold for the listed price. The number of homes for sale in Gainesville, FL decreased by 3.2% between October 2024 and November 2024. In November 2024, listings were on the market for 70 days. During the same period, the median list price in this real estate market was $310,076.
From Rocket Homes Real Estate and based on county public records data.