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#R4909329, Beau Beery, Listing office: BRG REALTY VENTURES
$675,000 List price
302 NW 7th Ter Gainesville, FL 32601
$8,016
Closing credit¹
5 beds
5 baths
2,174 sqft
0.2 acres
$310 / sqft
Multi-Family
Property details
About 302 NW 7th Ter
WALK TO UF! Two completely remodeled duplexes for sale (4 units). All units are pre-leased through July 2026. Units are comprised of one 2BD/2BA unit and three 1BD/BA units. All units have been completely remodeled including: kitchens, bathrooms, flooring, HVACs, water heaters, metal roofs, plumbing, electric, etc. Tenants pay all utilities. Combined annual gross rents of $62,100, increasing to $64,500 this July. Units are professionally managed. Net income is pro-forma estimate. Across from the University of Florida and countless amenities. This is the perfect opportunity to own stabilized investment property near the University of Florida! Can be bought with adjacent SFR rental home for sale (MLS #R4909490).
Highlights
Home typeDuplex
HeatingElectric
StatusActive
CoolingCentral Air
Size2,174 sqft
Lot size0.19 Acres
Year built1935
MLS #R4909491
Virtual tour
Summary
- Interior: Other
- Total Bedroom Count: 5
- Private Pool: No
- Exterior: Other
- Heating: Electric
- Cooling: Central Air
- List Price: $675,000
- Price/SqFt: $310
- HOA Amount: $0
- Annual Tax Amount: $5,211
- Tax Year: 2023
- Directions: From intersection of University Avenue and NW 13th Street, head east on University Ave. Turn left (north) on NW 8th Avenue. Subject is on the NW corner of 8th Ave and 3rd Street.
- Year Built: 1935
- Living Area: 2,174 SqFt
- Lot Size: 0.19 Acres
- MLS Number: R4909491
- MLS Name: MFRMLS
- Office Name: BRG REALTY VENTURES
- Listing Agent: Joseph Klenck
Listings courtesy of Stellar MLS as distributed by MLS GRID.
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Copyright 2025 My Florida Regional Multiple Listing Service DBA Stellar MLS. The real estate listing data marked with this icon comes from the IDX program of the Stellar MLS system. All information provided is deemed reliable but is not guaranteed and should be independently verified. Listings displayed on this website may be subject to prior sale or removal from sale; availability of any listing should always be independently verified. Listing information is provided exclusively for consumers’ personal, non-commercial use, solely to identify potential properties for potential purchase; all other use is strictly prohibited and may violate relevant federal and state law. Properties displayed may be listed or sold by various participants in the MLS.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 6/17/2025, 11:49:27 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$675,000
302 NW 7th Ter
$8,016
closing credit¹
Sell your home with Rocket and save even more!
Seller rebate
0.5% sale price²
Price information
Property sales
| Date | Event | Price |
|---|---|---|
| Apr 17, 2019 | Home Sold | $375,000 |
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2023 | $252,076 | $5,211 |
| 2022 | $261,208 | $4,945 |
| 2021 | $213,806 | $4,945 |
| 2019 | $145,453 | $3,765 |
History based on county public records data.
Nearby schools
4
Carolyn Beatrice Parker Elementary School
Public District KG-5
1.0 mi
•1912 NW 5th Ave
4
Joseph Williams Elementary School
Public Magnet KG-5
1.5 mi
•1245 SE 7th Ave
5
Caring & Sharing Learning School
Public Charter PK-6
1.7 mi
•1951 SE 4th St
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $23,977. Most Gainesville, FL residents have annual incomes less than $<35k. Typical family type is single, no kids. The most common level of education of people living in this area is post secondary degree.
How much money do the neighbors make?
69%
<35k
31%
35k-100k
0%
100k-200k
0%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
Masters Degree
What types of families live nearby?
71%
Single, No Kids
13%
Single, with Kids
9%
Married, No Kids
7%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
10%
<11 yrs old
6%
12-17 yrs old
48%
18-34 yrs old
29%
35-64 yrs old
7%
65+ yrs old
What do the neighbors do for fun?
NBA/WNBA
Soccer
Mexican League Soccer
Where do the neighbors shop?
Express/Express For Men
Forever 21
Books-a-Million
Where do the neighbors go to eat?
Starbucks
Dominos Pizza
Church's Chicken
What do the neighbors drive?
Pontiac
Mazda
Toyota
What do the neighbors listen to?
Urban Contemporary
Rhythmic Contemporary Hits- Adult Hits
All data provided by Home Junction and Claritas
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Tour
$10,000 Closing Credit¹
#GC531484, Eric Leightman, Listing office: UNIVERSITY REALTY
Frequently asked questions
About 302 NW 7th Ter
The listing price of 302 NW 7th Ter property is $675,000.
The property 302 NW 7th Ter is a multi located in Gainesville, Florida, 32601.
Active Listing: 302 NW 7th Ter is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 302 NW 7th Ter are: Carolyn Beatrice Parker Elementary School (GreatSchools Rating 4/10), Joseph Williams Elementary School (GreatSchools Rating 4/10), Caring & Sharing Learning School (GreatSchools Rating 5/10), Resilience Charter School Inc (GreatSchools Rating 3/10), Howard W. Bishop Middle School (GreatSchools Rating 4/10), Abraham Lincoln Middle School (GreatSchools Rating 6/10), A. Quinn Jones/Exceptional Student Center (GreatSchools Rating 1/10), P.K. Yonge Developmental Research School (GreatSchools Rating 8/10), Gainesville High School (GreatSchools Rating 5/10).
According to the records, the last property tax for 2023 is $5,211 (source: MLS/based on county public records data).
The last sale was on April 17, 2019 for $375,000 (source: MLS/tax record).
The property 302 NW 7th Ter is 2,174 SqFt (source: MLS/tax record).
The year of construction for 302 NW 7th Ter is 1935.
This home is located at 302 NW 7th Ter in Gainesville, FL and zip code 32601 in the Morgan Fennels neighborhood. This 2,174 square foot home, which was built in 1935, sits on a 0.19 acre lot. Features: 5 bedrooms, 5 bathrooms. It has been listed on Rocket Homes since June 17, 2025 and is currently priced at $675,000.
While more than 28 listings in Gainesville, FL in May 2025 were sold above asking price, there were more than 61 listings sold at asking price, and more than 156 were sold below. Between April and May 2025, Gainesville, FL real estate market has seen decrease in the number of listings by 1.7%. In May 2025 median list price was $319,075 and the average listing age was 67 days.
From Rocket Homes Real Estate and based on county public records data.