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.
Listed By
Agency Name: BHGRE THOMAS GROUP
Agency Contact: 352-226-8228
Shown By
Agency Title: Watson Realty Corp., REALTORS ®
Agency Phone: (866) 243-8193
Estimated Payment
$ 2,446.18 per month $2,073.04 Principal & Interest $247.75 Property Tax $125.39 Homeowner's InsuranceSend an email with a link to
5811 NW 23rd Terrace, Unit A, B, C, D, Gainesville, FL 32653.
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5811 NW 23rd Terrace, Unit A, B, C, D, Gainesville, FL 32653.
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5811 NW 23rd Terrace, Unit A, B, C, D | MLS# GC535112
This multi-family property located at 5811 NW 23rd Terrace, Unit A, B, C, D, Gainesville, FL 32653 is currently listed for sale with an asking price of $429,900. Search Gainesville real estate on www.watsonrealtycorp.com today.