57 photos in the listing
707 68th Terrace #A-D
Gainesville, FL 32607 · Alachua County
$445,000
8
Beds
8
Baths
3,600
Sq ft
1981
Year built
Location
About this home
Income producing opportunity for first time investors using FHA or seasoned investors!! This 4 unit multifamily property features four townhouse-style units, each offering 2 bedrooms, 1.5 bathrooms, and approximately 900 square feet of living space. Current monthly rents for occupied units is $1200 per month. Additional features include a 2018 asphalt shingle roof, 3 yr old HVAC systems (3 units), 4-5 yr old water heaters, tenant paid utilities, and no HOA. Conveniently located near major hospitals, public transportation, schools, daycare centers, and shopping. Call today to schedule!
Facts & features
Interior
- Bedrooms
- 8
- Bathrooms
- 8
- Living area
- 3,600 sq ft
- Features
- Ceiling Fans(s), Living Room/Dining Room Combo
- Cooling
- Central Air
- Heating
- Central, Electric
Exterior & lot
- Lot size
- 0.28 acres
- Construction
- Block, Other, Wood Siding
- Roof
- Shingle
- Features
- Private Mailbox
Financial
- Price / sqft
- $124/sqft
- Annual tax
- $8,752.05
- Tax year
- 2025
Utilities
- Utilities
- BB/HS Internet Available, Cable Available, Electricity Connected, Sewer Connected, Water - Multiple Meters, Water Connected
- Water
- Public
- Sewer
- Public Sewer
Property
- Property type
- Multi Family
- Year built
- 1981
- Subdivision
- Cedar Ridge
- Days on market
- 1 day
Estimate your monthly cost
Twenty percent down over thirty years at 6.5%. Insurance is not included.
- Principal & interest
- $2,250
- Property tax
- $729
- Estimated monthly
- $2,979
Ask about this property
Answered from this listing’s own figures and the sales around it.
Similar homes nearby
Price history
From the property’s MLS record.
| Date | Event | Price | Change |
|---|---|---|---|
| Oct 19, 2026 | Listed | $445,000 | — |
Neighbourhood
The schools below come from the MLS record for this home. Walking, transit and cycling figures for Gainesville, FL are not connected yet, so this page does not show them.
About this area
GAINESVILLE, FL sits in Alachua County. Asking prices on the 5 nearest homes we hold run from $440,000 to $595,000, with $440,000 in the middle. Those are asking prices, not closed sales.
Written from this listing’s own record and the homes we hold nearby.
- Elementary school
- Not listed
- Not named in the MLS record for this home
- Middle school
- Not listed
- Not named in the MLS record for this home
- High school
- Not listed
- Not named in the MLS record for this home
Frequently asked questions
What would 707 68TH TERRACE, GAINESVILLE cost per month?
About $2,979 a month: $2,250 principal and interest, $729 property tax. That assumes 20% down at 6.5% over 30 years, and leaves out insurance.
Is 707 68TH TERRACE, GAINESVILLE priced fairly?
Comparable homes nearby put it between $378,324 and $435,276, with $406,800 in the middle. Those are asking prices, not closed sales: 5 properties of the same type within three miles, each within 20% of this one's size and a bedroom either way, at a median of $113 a square foot.
How does 707 68TH TERRACE, GAINESVILLE compare to nearby homes?
5 comparable properties within three miles. The nearest: 724 68TH TERRACE, GAINESVILLE, FL at $440,000, 3,902 sq ft, 0.04 miles away; 723 69TH STREET, GAINESVILLE, FL at $440,000, 4,250 sq ft, 0.06 miles away; 625 67TH TERRACE, GAINESVILLE, FL at $490,000, 3,600 sq ft, 0.06 miles away.
How long has 707 68TH TERRACE, GAINESVILLE been on the market?
1 day on the market.
Has the price of 707 68TH TERRACE, GAINESVILLE changed?
The price has not moved since it was listed.
How big is 707 68TH TERRACE, GAINESVILLE?
8 bed, 8 bath, 3,600 square feet. That is $124 a square foot.
What year was 707 68TH TERRACE, GAINESVILLE built?
Built in 1981.
What is the HOA fee at 707 68TH TERRACE, GAINESVILLE?
The feed lists no association fee for this property.
What are the property taxes at 707 68TH TERRACE, GAINESVILLE?
Property tax works out to about $729 a month, $8,752 a year, on the 2025 assessment.
Is 707 68TH TERRACE, GAINESVILLE still available?
It is still on the market.
Listing
- Listed by
- Natalie Thomas
- Brokerage
- MILLER REAL ESTATE
- MLS number
- MFR813903365
Listing information is deemed reliable but is not guaranteed.