203 NW 15TH STREET, GAINESVILLE, FL 32603
BROWN B W ORRS SUB · Alachua County
Key Facts
Description
Under contract-accepting backup offers. 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!
Property Information
Property Type
Residential Income
Year Built
1920
Living Area
4,433 sq ft
Lot Size
0.35 acres
Ownership
Fee Simple
Zoning
RMU
Days on Market
210
MLS® Listing#
GC535966
Property Features
Interior
Cooling
Heating
Basement
Laundry
Construction
Foundation
Roof
Sewer
Water Source
Financial Details
HOA
None
Annual Taxes
$33,237
Tax year 2025
Parcel Number
14925-000-000
Directions
From 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
Affordability Calculator
$400,000
Estimated monthly payment
$10,645/mo
Principal $1,600,000 · Est. interest $2,232,142 over 30 yrs
Neighborhood Market Statistics
How this home compares to active listings in GAINESVILLE, FL
- $318,356
- Median Listing Price
- 74
- Median Days on Market
- 1,454
- Median Sq Ft
- $197
- Median Price / Sq Ft
- 840
- Active Listings
- This home’s price is 528% above the area median.
- Its price per sq ft is 128% above the area median.
Market statistics compiled from active EXIT Realty® and MLS listings in GAINESVILLE, FL.
Location
Getting Around
Points of Interest in GAINESVILLE, FL
Showing the GAINESVILLE area map.
Nearby Schools
Aquinn Jones School
School · 0.4 mi away
Carolyn Beatrice Parker Elementary
Elementary · 0.5 mi away
J J Finley Elementary School
Elementary · 0.5 mi away
Newins-Ziegler Hall
School · 0.6 mi away
Frazier Rogers Hall
School · 0.7 mi away
Graham Hall
School · 0.8 mi away
Particle Engineering Research Center
School · 0.9 mi away
Holy Trinity Episcopal School of Gainesville
School · 1.0 mi away
P.K. Yonge Developmental Research School
Secondary · 1.0 mi away
Gainesville High School
Secondary · 1.1 mi away
Sidney Lanier Center
School · 1.3 mi away
Alachua County Public Schools
School · 1.4 mi away
Schools Public Teaching
School · 1.4 mi away
Fifield Hall
School · 1.6 mi away
Genesis Preparatory School
School · 1.6 mi away
St Patrick Interparish School
Secondary · 1.6 mi away
Pinewood School
School · 1.9 mi away
Laniakea Montessori School
Elementary · 1.9 mi away
North Central Florida Charter School
Secondary · 1.9 mi away
Resilience Charter School
Secondary · 1.9 mi away
Commute Calculator
Nearby Homes
Similar Homes Nearby
Similar Home Values
Comparable nearby listings and their asking prices.
| Address | Price | Beds | Baths | Sq Ft |
|---|---|---|---|---|
| 4124 SW 38TH STREET, GAINESVILLE, FL | $1,450,000 | — | — | — |
| 1516 N MAIN STREET, GAINESVILLE, FL | $1,500,000 | — | — | 584 |
| 7379 SW 17TH ROAD N-2, GAINESVILLE, FL | $1,500,000 | — | — | — |
| 3926 SW 13TH STREET, GAINESVILLE, FL | $1,500,000 | — | — | — |
| 427 S MAIN Street, Gainesville, FL | $1,500,000 | — | — | — |
| 9809 NW 59TH TERRACE, GAINESVILLE, FL | $1,500,000 | 6 | 6 | 5,118 |
Moving Cost Estimate
EXIT Agents in GAINESVILLE
Listing Courtesy: CORNERSTONE REALTY & MANAGEMENT SERVICES LLC - 352-278-4648
Last Updated: 2025-12-09