Description
This Northwest Gainesville quadruplex is a fantastic opportunity for investors looking to grow their portfolio with a property that offers both stability and upside. Each of the four units includes 2 bedrooms and 1 bathroom, featuring tile in the main living spaces and carpeted bedrooms—practical finishes that tenants appreciate and owners find easy to maintain. The solid concrete block exterior adds to the property’s durability and long-term value.
While some updates would go a long way toward modernizing the space, the fundamentals are already in place—four units in an area known for consistent rental demand. With the right improvements, this property has excellent potential to generate strong returns and increase in value. Roofing permit indicates 2020 roof.
Ideally situated near shopping, dining, schools, and major employers, this location offers quick access to the University of Florida, Santa Fe College, and downtown Gainesville. Tenants will love the convenience, and investors will appreciate the income stream that comes with multi-family housing.
Whether you’re a seasoned investor or just getting started, this quadruplex presents a rare chance to create lasting value through thoughtful updates and smart management.
Address
Open on Google Maps-
Address: 5801 NW 23RD TERRACE
-
City: Gainesville
-
State/county: FL
-
Zip/Postal Code: 32653
-
Country: US
Details
Atualizado em maio 7, 2026 no 10:53 am-
Property ID GC534581
-
Price $385,000
-
Property Size 3100 m²
-
Land Area 0.22 m²
-
Garage Size x x
-
Year Built 1978
-
Property Type Quadruplex, Residential Income
-
Property Status Pending, For Sale
Additional details
-
Roof Shingle
-
Utilities Electricity Connected
-
Sewer Public Sewer
-
Cooling Central Air
-
Heating Central
-
County Alachua
-
Property Type Residential Income
Features
Mortgage Calculator
-
Down Payment
-
Loan Amount
-
Monthly Mortgage Payment
-
Property Tax
-
Home Insurance
-
PMI
-
Monthly HOA Fees