1102 NW 3rd Ave
Description
Located in the heart of Gainesville’s Midtown district, just steps from UF and surrounded by high-demand student housing, this property offers immediate income and long-term upside. The 2,800 sq. ft. duplex features two spacious 3-bedroom/1-bath units, each with a full kitchen and in-unit washer/dryer. A detached 1-bedroom/1-bath studio (~500 sq. ft.) adds even more rental flexibility. Currently generating $4,800/month...Midtown Investment Opportunity | 6/2 Duplex + 1/1 Studio – Fully Leased Through July 2026
Located in the heart of Gainesville’s Midtown district, just steps from UF and surrounded by high-demand student housing, this property offers immediate income and long-term upside. The 2,800 sq. ft. duplex features two spacious 3-bedroom/1-bath units, each with a full kitchen and in-unit washer/dryer. A detached 1-bedroom/1-bath studio (~500 sq. ft.) adds even more rental flexibility. Currently generating $4,800/month in gross rent and fully leased through July 2026, this property provides investors with stable cash flow today and strong potential for higher returns at lease renewal. With unbeatable walkability to campus, nightlife, and downtown, and consistent student demand year after year, this 3-unit property is a turnkey investment in one of Gainesville’s most sought-after rental markets.
- Listed by Luis Rodriguez • Brokerage DRE #1043388 • COLDWELL BANKER M.M. PARRISH REALTORSP: (786)-512-3195 C: (786)-512-3195 luisrodriguez1129@gmail.com
Property Details for 1102 Northwest 3rd Avenue
Property Details for 1102 Northwest 3rd Avenue
| Status | Active |
|---|---|
| MLS # | GC533911 |
| Days on Market | 48 |
| Taxes | $11,923 / year |
| HOA Fees | - |
| Condo/Co-op Fees | - |
| Compass Type | Multi Family |
| MLS Type | Residential Income / Duplex |
| Year Built | 1958 |
| Lot Size | 0.11 AC / 4,792 SF |
| County | Alachua County |
Location
Building Information for 1102 Northwest 3rd Avenue
Payment Calculator
$4,396 per month
30 year fixed, 6.15% Interest
$3,402
$994
$0
Property Information for 1102 Northwest 3rd Avenue
- Building Area Source: Public Records
- Building Area Total: 2896.0
- Building Area Units: Square Feet
- Directions: Driving north or south from 6th Street, Main Street, or Waldo Rd/301 to University Avenue, turn west. Proceed westward up until NW 10th Street turn north, make a left on 3rd avenue, home is on the corner one block up. In reference to the location of the University of Florida. The northeastern corner of the university is on 13th Street/441 and University Avenue. This property is located on 11th Street and 3rd Avenue.
- Mls Major Change Type: New Listing
- Major Change Type: New Listing
- Listing Service: Full Service
- Senior Community: No
- Unit Number: No
- Street Number: 1102
- Street Direction Prefix: NW
- Street Name: 3RD
- Street Suffix: AVENUE
- State: FL
- City: GAINESVILLE
- Attached Garage: No
- Carport: No
- Garage: No
- Association Approval Required: No
- Association: No
- CDD: No
- Tax Book Number: A-64
- Tax Legal Description: BROWN ADDN BK 11 PB A-64 HICKSON REPLAT PB B-50 LOT 26 OR 4587/0062
- Tax Lot: 26
- Tax Year: 2024
- Virtual Tour URL Unbranded: https://www.propertypanorama.com/instaview/stellar/GC533911
- Additional Parcels: No
- Lot Size Dimensions: 50 x 95
- Parcel Number: 13952000000
- Total Acreage: 0 to less than 1/4
- Total Num Buildings: 2
- Water Access: No
- Water Extras: No
- Zoning: RMF5
- Living Area: 2826
- Lot Dimensions: 50 x 95
- Year Built Numeric: 1958
- Flood Zone Code: X
- New Construction: No
- Property Attached: Yes
- Property Condition: Completed
- Public Survey Range: 20
- Public Survey Section: 5
- Dock YN: No
- Sewer: Public Sewer
- Utilities: Electricity Connected, Water Connected
- Water Source: Public
- Construction Materials: Wood Frame
- Exterior Features: Private Mailbox
- Foundation Details: Crawlspace
- Levels: Two
- Pool Private: No
- Pool: None
- Pool Private: No
- Roof: Metal
- Waterfront Feet Total: 0
- Bedrooms Total: 7
- Cooling: Mini-Split Unit(s)
- Fireplace: No
- Heating: Electric
- Interior Features: Solid Wood Cabinets
- Laundry Features: Laundry Closet, Laundry Room, Same Floor As Condo Unit
- Living Area Source: Public Records
- Living Area Units: Square Feet
- Water View: No
- Annual Net Income: $57,600.00
- Unit Count: 3
- Total Actual Rent: $4,800
- Minimum Lease Period: 0
Property History for 1102 Northwest 3rd Avenue
| Date | Event & Source | Price | Appreciation |
|---|---|---|---|
| Sep 10, 2025 | Listed (Active) MFRMLS #GC533911 | $698,000 | — |
| Sep 3, 2025 | Temporarily Off Market MFRMLS #GC533716 | — | |
| May 29, 2023 | Sold MFRMLS #GC512510 | $600,000 | — |
| May 25, 2023 | Sold (Public Record) Public Record #1512172661 | $600,000 | +4.6% / yr |
| May 2, 2023 | Pending MFRMLS #GC512510 | — | |
| Apr 17, 2023 | Listed (Active) MFRMLS #GC512510 | $624,900 | — |
| Mar 24, 2018 | Sold (Public Record) Public Record #619758881 | $475,000 | +15.1% / yr |
| May 30, 2017 | Expired MFRMLS #GC400248 | $475,000 | — |
| Nov 28, 2016 | Listed (Active) MFRMLS #GC400248 | $475,000 | — |
| Apr 5, 2002 | Sold (Public Record) Public Record #96055367 | $50,200 | — |
| Apr 5, 2002 | Sold (Public Record) Public Record #96055369 | $139,900 | — |
| Date | Event & Source | Price |
|---|---|---|
| 09/10/2025 | Listed (Active) MFRMLS #GC533911 | $698,000 |
| 09/03/2025 | Temporarily Off Market MFRMLS #GC533716 | — |
| 05/29/2023 | Sold MFRMLS #GC512510 | $600,000 |
| 05/25/2023 | Sold (Public Record) Public Record #1512172661 | $600,000 +4.6% / yr |
| 05/02/2023 | Pending MFRMLS #GC512510 | — |
| 04/17/2023 | Listed (Active) MFRMLS #GC512510 | $624,900 |
| 03/24/2018 | Sold (Public Record) Public Record #619758881 | $475,000 +15.1% / yr |
| 05/30/2017 | Expired MFRMLS #GC400248 | $475,000 |
| 11/28/2016 | Listed (Active) MFRMLS #GC400248 | $475,000 |
| 04/05/2002 | Sold (Public Record) Public Record #96055367 | $50,200 |
| 04/05/2002 | Sold (Public Record) Public Record #96055369 | $139,900 |
For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 1102 Northwest 3rd Avenue
Schools near 1102 Northwest 3rd Avenue
Rating | School | Type | Grades | Distance |
|---|---|---|---|---|
| Public - | K to 5 | |||
| Public - | 6 to 8 | |||
| Public - | 9 to 12 | |||
| Public - | 6 to 12 |
Rating | School | Distance |
|---|---|---|
Caroline Beatrice Parker Elementary PublicK to 5 | ||
Westwood Middle School Public6 to 8 | ||
Gainesville High School Public9 to 12 | ||
A.Quinn Jones/Excep.Student Center Public6 to 12 |
School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.
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Listing Courtesy of COLDWELL BANKER M.M. PARRISH REALTORS
Based on information from one of the following Multiple Listing Services: Pensacola Association of REALTORS®, Amelia Island Nassau County Association of REALTORS and NEFMLS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by Pensacola Association of REALTORS®, Amelia Island Nassau County Association of REALTORS and NEFMLS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.
