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$440,000

  • Sold
  • Closed
  • Multi-Family
  • 0.25 Acres
See This Home
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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!

Full Property Details for 724 SW 68th Terrace

General

  • Sold For: $440,000
  • Taxes: $8,883 (2025)
  • Status: Closed
  • Type: Multi-Family
  • Source: MidFloridaRegionalMLS
  • MLS ID: GC542159
  • Added to Site: 82 day(s) ago

Interior

  • Interior Features: Other

Rooms

Bathrooms

  • Total Bathrooms: 8

Bedrooms

  • Total Bedrooms: 8

Other Rooms

  • Laundry: Electric Dryer Hookup, Washer Hookup

Exterior

  • Exterior Features: Other

Location

  • Area: 32607 - Gainesville
  • County: Alachua
  • Development Name: 32607 - Gainesville
  • Subdivision: CEDAR RIDGE
  • Driving Directions: From intersection of SW 75th ST (Tower Rd) and SW 8th Ave, head east on 8th Ave. First property (quad) is located on SW 70th St (turn Left) and subject is 2nd one on the left. From there continue north on 70th St and turn right on SW 6th Pl. Two additional properties are located on the cul-de-sac of SW 69th St, and the 4th property is located on the cul-de-sac of SW 68th Terr.

Community

  • Community Name: 32607 - Gainesville

Heating & Cooling

  • Cooling Type: Central Air
  • Heating Type: Central

Utilities

  • Sewer: Public Sewer
  • Water: Public
  • Utility Description: Electricity Connected

Structural Information

  • # Buildings: 1
  • Exterior Const.: Block
  • Roof: Shingle
  • Square Feet: 3,902
  • Sq. Ft. Source: Public Records
  • Living Area: 3,902 Sq. Ft.
  • Year Built: 1981

Lot Features

  • Lot Size (Acres): 0.25
  • Lot Size (Sq. Ft.): 10,890
  • Lot Size: 10890
  • Street/Road Desc.: Asphalt

Financial Considerations

  • Tax Amount: $8,883.03
  • Tax Year: 2025

Disclosures and Reports

  • Ownership: Fee Simple
  • Special Conditions: None
  • Legal Description: CEDAR RIDGE PB K-8 LOT 9 BK C OR 5098/0506
  • Flood Zone Info: X
  • APN: 6655053009
  • Property ID: 6655053009

Listed by The Multifamily Advisors
Sold by Wheatley Realty Group

Listing agent

— 724 SW 68th Terrace —

  • The Multifamily Advisors

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 724 SW 68th Terrace

School District:Alachua County School District
NameGradesDistance
Myra Terwilliger Elementary School
301 Northwest 62nd Street, Gainesville, FL 32607
K-50.8 mi
F. W. Buchholz High School
5510 Northwest 27th Avenue, Gainesville, FL 32606
9-122.4 mi
Fort Clarke Middle School
9301 Northwest 23rd Avenue, Gainesville, FL 32606
6-82.5 mi
Disclaimer: School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 724 SW 68th Terrace

Date
Details
Price
Change
Source
9/18/2026
Sold
$440,000
—
MLS
7/23/2026
Listed
$440,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Listed by The Multifamily Advisors
Sold by Wheatley Realty Group

724 SW 68th Terrace, Gainesville, FL 32607 (MLS# GC542159) is a Multi-Family property that was sold at $440,000 on September 18, 2026. Want to learn more about 724 SW 68th Terrace? Do you have questions about finding other Multi-Family real estate for sale in Gainesville? You can browse all Gainesville real estate or contact a Coldwell Banker agent to request more information.