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About this home
3823 NW 45th St is a 1967-built home in Chula Vista Park, Gainesville. Inside you'll find 4 bedrooms, 2 bathrooms, and 1,700 square feet of living space. Listed at $333,900 (about $196/sqft), 13 days on market. Flood zone A* - confirm flood insurance requirements with your lender.
OUTSTANDING DUPLEX INVESTMENT OPPORTUNITY! Tenants appreciate this highly desirable northwest Gainesville location where they can walk to Magnolia Park, Hunter’s Crossing, Timber Village and MetroCorp for shopping, dining, banking and medical offices. And, the bus stop is located right out front. This duplex has had the same owner and been professionally managed for the last 27 years! Currently Unit A is occupied by a long-time tenant paying a below-market rent of $800 per month with the lease running through June 30th, 2027. Unit B is paying $1,300 per month and leased through January 31st, 2027 and will likely renew. Market rent for this area is $1,300 - $1,400 per month so there’s plenty of upside potential in Unit A. This small neighborhood of duplexes has always had excellent tenant demand with no trouble maintaining 100 percent occupancy. Roof: 2024; Unit A HVAC interior unit replaced in 1999 and exterior unit replaced in 2009; Unit B HVAC: 2009; Water Heaters: Unit A: 2003; Unit B: 2007. Tenants pay electric, water and sewer. Owner is responsible for landscape maintenance. There is no HOA.
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The essentials
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Taxes reflect the most recent assessment in the MLS feed. Actual tax owed can vary, so confirm with the county property appraiser before closing.
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Property taxes are this home's actual annual bill from the MLS, divided by twelve. Insurance estimated at 0.60%. Rate defaults to 6.8% on a 30-year fixed. Tap a pencil to use your own numbers. Estimates only, not a loan quote.
Quick answers.
Price
$333,900
$196 per sq ft
Beds and baths
4 beds, 2 baths
Size
1,700 sq ft
Time on market
13 days
Year built
1967
Monthly payment
About $2,380/mo
That is 20% down on a 30-year fixed at 6.8%, plus the home's $5,661 annual tax bill, insurance.
Flood zone
Zone A*
That is a high-risk designation, so a lender will normally require flood insurance. Confirm the current rate before you write an offer.
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