724 SW 68TH TERRACE GAINESVILLE FL 32607 MLS #GC542159

724 SW 68TH TERRACE
GAINESVILLE, FL, 32607
$440,000
8 Beds
8 Baths
3,902 SqFt
0.25 Acres
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MLS #GC542159 image #0
Renovated and cash-flowing brick quadruplex for sale with stellar occupancy history! All units are 2BD/1.5BA townhome style with open layouts and 975+/- sqft of living space. Unit A – $1,200, Unit B – $1,258, Unit C – Vacant for tours (previously $1,300), Unit D – $1,170. Completely remodeled kitchens and bathrooms, new fixtures, vinyl plank/tile flooring, private deck areas for both bedrooms, and private fenced backyard areas. Tenants pay all utilities, no HOA. 2025 asphalt shingle roof, 3 HVACs are less than 4 years old. Electric is copper wire with cutler hammer and square D breakers. Main plumbing drains are PVC. Plumbing supply lines are mainly copper with a few instances of CPVC in good condition with operable shutoff valves. Located at the front of the Cedar Ridge subdivision of Gainesville, FL; within 5 miles of the Oaks Mall, University of Florida, HCA North Florida Hospital, as well as several shopping centers & other amenities. This quad is being offered for sale along with 2 additional quadruplexes (1 directly adjacent) and duplex in the same subdivision (723 SW 69th St, 712 SW 70th Ter, and 714 SW 69th St). Buildings can be purchased individually or as portfolio. Marketing package linked with information on all buildings. If you’re looking for a renovated, stabilized, and cash-flowing investment this is your opportunity! Call today to schedule a tour!

Property Details

Price:
$440,000
MLS #:
GC542159
Status:
Active
Beds:
8
Baths:
8
Type:
Multi Family
Subtype:
Quadruplex
Subdivision:
CEDAR RIDGE
Neighborhood:
32607gainesville
Listed Date:
Jul 23, 2026
Finished Sq Ft:
3,902
Lot Size:
10,890 sqft / 0.25 acres (approx)
Year Built:
1981
32607 – Gainesville32607gainesvilleCedar Ridge

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Schools

Interior

Cooling
Central Air
Heating
Central
Interior Features
Other
Laundry Features
Electric Dryer Hookup, Washer Hookup

Exterior

Construction Materials
Block
Exterior Features
Other
Roof
Shingle

Financial

Tax Year
2025
Taxes
$8,883

Map

Community

Subdivisions in GAINESVILLE

Market Summary

Current real estate data for Multi Family in GAINESVILLE as of Jul 27, 2026
17
Multi Family Listed
80
Avg DOM
170
Avg $ / SqFt
$580,480
Avg List Price

Property Summary

    Located in the CEDAR RIDGE subdivision, 724 SW 68TH TERRACE GAINESVILLE FL is a Multi Family for sale in GAINESVILLE, FL, 32607. It is listed for $440,000 To schedule a showing of MLS#gc542159 at 724 SW 68TH TERRACE in GAINESVILLE, FL, contact your CENTURY 21 Carioti agent at 2392986550.

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