GAINESVILLE, FL 32603 203 NW 15TH STREET
$2,000,000
Presented By: CORNERSTONE REALTY & MANAGEMENT SERVICES LLC with 352-262-4914. - 352-278-4648
Home Details
Incredible Investment Opportunity – 8-Unit Portfolio Just TWO Blocks From UF!
This prime-location portfolio offers unbeatable walkability to the University of Florida—just a short stroll from campus—and sits within the highly desirable U5 zoning district, opening the door to strong long-term value. All 8 units are fully leased through July 2027, providing immediate, stable income from day one. Property Highlights- Six (6) One-Bed/One-Bath Units, Each unit includes a full kitchen, living area, and a private bathroom & In-unit washer & dryer, stylish LVP flooring throughout. Each apartment has one assigned parking space per unit
These are clean, efficient layouts that stay rented with ease. The corner Duplex (Two 1/1 Units) features a spacious living/dining combo, full kitchen, and private bath & one parking space per unit Fantastic visibility on the corner lot
This rare offering is perfect for investors looking to grow their Gainesville portfolio with solid cash flow, premium location, and built-in stability. Properties this close to UF—with strong leases in place—don’t hit the market often!
Presented By: CORNERSTONE REALTY & MANAGEMENT SERVICES LLC with 352-262-4914. - 352-278-4648
Interior Features for 203 NW 15TH STREET
Bedrooms
Total Bedrooms
Bathrooms
Total Baths
Other Interior Features
LivingAreaSourcePublic Records
Air Conditioning Y/NYes
Fireplace Y/NNo
Heating Y/NYes
Interior AmenitiesOther, Window Treatments
Laundry FeaturesInside
General for 203 NW 15TH STREET
Additional Parcels Y/NNo
Building Area UnitsSquare Feet
Carport Y/NNo
CityGAINESVILLE
Construction MaterialsBlock, Other, Wood Frame
CoolingCentral Air, Wall/Window Unit(s)
CountyAlachua
DirectionsFrom I 75 Head East on University Avenue until you reach NW 15th Street. Make a left and then take a right on NW 2nd avenue. Duplex is on NW 15th street/NW 2nd Avenue and 6 plex is also on NW 2nd avenue right next door
Flood Zone CodeX
Flood Zone Code XY
Garage Y/NNo
Gross Income110000
HeatingCentral
Land Lease Y/NNo
Legal DescriptionORR S/D PB A-76 LOTS 7 8 & 9 BK 3 OR 5043/2443
Living Area UnitsSquare Feet
Lot Size Square Feet15246
Lot Size UnitsSquare Feet
MLS Area32603 - Gainesville
New ConstructionNo
Number Of Units Total8
OwnershipFee Simple
Property ConditionCompleted
Property SubtypeMulti Family (5+)
Property TypeResidential Income
RoofShingle
Senior Community Y/NNo
SewerPublic Sewer
Standard StatusActive
StatusActive
Subdivision NameBROWN B W ORRS SUB
Tax Annual Amount33237
Tax Lot7
Tax Year2025
UtilitiesPublic
Water Access Y/NNo
Water View Y/NNo
Year Built1920
ZoningRMU
Exterior for 203 NW 15TH STREET
Exterior AmenitiesSidewalk
Foundation DetailsCrawlspace, Slab
Lot Size Acres0.35
Lot Size Area15246
Number of Buildings2
Private PoolNo
Road Surface TypeAsphalt
Water SourcePublic
Waterfront Y/NNo
Additional Details
Price History
Schools
High School
Hubert H Humphrey Middle School
Middle School
N/A
Elementary School
Big Hollow Elementary School
Lori Maya Sharabani
Realtor®
SQFT • 4,433