tomo logo

$387,750

Beds
4
Baths
2.0
sq ft
1,680

221 SE 9th St, Gainesville, FL 32601

221 SE 9th St

GAINESVILLE, FL 32601

  • 124 days on market
    • Price drop $7,250↓
Discover a rare gem in the heart of Downtown Gainesville – two beautifully updated vintage homes on a single lot! This unique property offers an exceptional opportunity for savvy buyers. Both homes have undergone extensive renovations, featuring new roofs, AC units, plumbing, windows, and more, blending classic charm with modern comforts. The front home, a cozy 784 sq ft, 2-bedroom, 1-bath retreat, is currently leased through 7/31/2025. The back home, a slightly larger 896 sq ft, 2-bedroom, 1-bath residence, is leased for $1,295/month through 1/30/2026. Perfectly situated, you can stroll to Depot Park or the vibrant downtown area in minutes. This property is ideal for an owner-occupant seeking to live in one home while renting out the other for steady income. With a proven rental history, these two homes are a steal at this price – essentially two homes for the price of one. Located in a rapidly appreciating area, with new construction taking place all around, this is an unbeatable investment in a prime, up-and-coming neighborhood!

Details

Property type

Single Family Residence

Est. home value

$160,798

Lot size

7,405 sq ft

Price per sq ft

$231

Year built

1933

Annual property taxes

$2,864.94

HOA

No

Price History

03/25/2025
StellarMLS

StellarMLS #GC526490

Price change
$387,750
-1.84%
03/06/2025
StellarMLS

StellarMLS #GC526490

Price change
$395,000
-1%
02/11/2025
StellarMLS

StellarMLS #GC526490

Listed
$399,000

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Negotiation Insights

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Seller could get up to

$158,129
Asking price
$387,750
Closing costs (~8% of asking)
-$31,020
Est. remaining loan balance
-$198,601
Cash to seller
$158,129

This is an estimate of how much the seller could receive at closing after paying off the outstanding mortgage.

Seller’s Loan History

Lender

Campus Usa Cu

Loan start date

October 2020

Original loan amount

$220,000

Est. remaining balance

$198,601

Interest rate

2.99%

Loan type

New Conventional, 30 year

Seller

Jason Lumley Anthony

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

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Status: Active

Tomo last checked: 03/29/2025 at 10:25 AM

Listing updated: 03/28/2025 at 1:11 PM

Listed by: April Strickland, GOLDEN RULE REAL ESTATE AND PROPERTY MANAGEMENT Phone #: (352) 505-3499

MLS: StellarMLS #GC526490

StellarMLS logo

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