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Listed price in listed location currency (USD).
$439,900

840

MLS® GC535112

  • Key Facts
  • Description
  • Map

Key Facts

Type Quadruplex
Levels Residential Income
Size 1800 sqft
Garage No
Taxes $2,973
Days Active 56
Lot Size 0.11 acres
Approx. Age 1978
Avg. Price Per Sqft $244
MLS® Number GC535112

Property Address: apt-a-5811 Nw 23rd Ter, GAINESVILLE, FL, 32653-1915

Average square foot calculated using Size range provided by listing agent.

Description

Discover this exceptional four-unit income property in Northwest Gainesville! Each of the four self-contained units is thoughtfully designed with 2 bedrooms and 1 bath, and in-unit laundry. Located in a high-demand rental area, 15 minutes from UF, Shands, and the VA, this property offers both convenience and value. With consistent occupancy rates and market rents continuing to rise, the building delivers steady income with upside potential through rental increases or minor upgrades. AC has been replaced in 2017, two units in 2019, and one in 2021. Three of the units are rented ($990, $990, and $900). The interiors for all 4 units have been updated and appliances were purchased in 2023 and 2025. Whether you’re expanding your portfolio or looking for a turnkey property with proven returns, this quadruplex represents a solid investment opportunity with reliable performance and minimal management hassle.
MLS® NumberGC535112
Laundry LevelInside
Central VacNo
FireplaceNo
Acreage0.11
Exterior
GarageNo
Approx. Age1978
Basement
Driveway
Garage Spaces
Heat
A/C
Heating Fuel

Extras

Similar Listings

Price History

-End Date
Not Sold YetSold Price

For Sale

Nov 4, 2025List Date
$439,900List Price
  • Commute

Commute

Starting Address
Destination Address
5811 Nw 23 Rd Ter, GAINESVILLE, FL

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