2200 Se 46th Terrace, Gainesville, FL 32641

$220,000
4
BD
2
BA
1,344
SqFt

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Sold Price
$220,000
List Price
$240,000
Status
Sold
Days on Market
84
Closing Date
Jun 24, 2026
MLS#
GC537112
Property Style
Duplex
Year Built
1963
Bedrooms
4
Bathrooms
2
Living Area
1,344
Lot Size
13,504
Acres
0.31
Total Acreage
1/4 to less than 1/2
Legal Subdivision Name
Shady Lawn Estates
MLS Area Major
Gainesville

Property Description

Investor Opportunity – Fully Rented Gainesville Duplex! Well-maintained duplex in a convenient SE Gainesville location offering flexibility for investment, as both sides are rented. Each unit features 2 bedrooms and 1 bathroom, with both sides totaling nearly 1,350 square feet of living space. Ideal for those seeking rental income. Fully rented for $2200 monthly for both sides until May 2027. Each unit offers approximately 672 square feet with a functional layout that includes a spacious great room, large kitchen, and utility room. Durable luxury vinyl plank and laminate flooring run throughout—no carpet in either unit for easy maintenance. Interiors and exteriors have been well cared for. The property features a generous yard with mature trees and ample outdoor space. Conveniently located near shopping, dining, schools, major roadways, and close to Newnans Lake, this duplex offers accessibility and long-term potential. A solid opportunity for investors seeking a versatile, low-maintenance property in Gainesville.

Additional Information

Taxes
$3965
Annual Gross Income
26400
Location
Level, Paved
Community Features
No Deed Restriction
Property Description
One Story
Zoning
R-1A
Interior Layout
Ceiling Fans(s), Living Room/Dining Room Combo, Open Floorplan, Primary Bedroom Main Floor, Thermostat, Window Treatments
Interior Features
Ceiling Fans(s), Living Room/Dining Room Combo, Open Floorplan, Primary Bedroom Main Floor, Thermostat, Window Treatments
Floor
Luxury Vinyl
Appliances
Electric Water Heater, Exhaust Fan, Range, Range Hood, Refrigerator
Utilities
BB/HS Internet Available, Cable Available, Electricity Connected, Private, Public, Sewer Connected, Underground Utilities, Water Connected
Heating
Central, Electric
Air Conditioning
Central Air
Exterior Construction
Block
Exterior Features
None
Roof
Shingle
Foundation
Slab
Pool
No Pool
Garage Features
Driveway, Open
Elementary School
Lake Forest Elementary School-Al
Middle School
Abraham Lincoln Middle School-Al
High School
Eastside High School-AL
Pets
Allowed
Flood Zone Code
x
Parcel ID
16189-002-014
Legal Description
SHADY LAWN ESTATES PB B-14 LOTS 14 15 BK B OR 4355/2063 & OR 4527/0388

Listing courtesy of FIRST CHOICE REALTY OF NORTH FLORIDA LLC. 352-514-9508

Selling Office: REAL BROKER, LLC.

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