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Welcome to Gibson Street Apartments, a 34-unit multifamily community located at 1450 East Gibson Street. This income-producing property features 7 solid block buildings, each built on slab foundations and recently updated with new roofs. Most units have been renovated, and every unit includes a refrigerator, microwave, and stove. All utilities are individually metered, including electric and water, and the property is connected to city water and sewer. A common-area laundry room is located on-site, though it is not currently in active use. This is a well-positioned opportunity for investors seeking stable income with strong value-add by activating the laundry room and upgrading the remaining classic units. The location offers strong rental appeal with key amenities just minutes away. Within one mile, you'll find DeSoto County Hospital, DeSoto County High School, and the South Florida State College campus, making this an ideal setting for long-term tenants, students, and local workforce housing.
| DAYS ON MARKET | 2 | LAST UPDATED | 12/3/2025 |
|---|---|---|---|
| TRACT | GILCHRISTS EAST END ADD | YEAR BUILT | 1983 |
| COMMUNITY | 34266 - Arcadia | COUNTY | DeSoto |
| STATUS | Active | PROPERTY TYPE(S) | Multi Family |
| Elementary School | Nocatee Elementary School |
|---|---|
| Jr. High School | DeSoto Middle School |
| High School | DeSoto County High School |
| ADDITIONAL DETAILS | |
| AIR | Central Air |
|---|---|
| AIR CONDITIONING | Yes |
| APPLIANCES | Microwave, Range, Refrigerator |
| AREA | 34266 - Arcadia |
| CONSTRUCTION | Block |
| HEAT | Central |
| INTERIOR | Open Floorplan |
| LOT | 3.35 acre(s) |
| SEWER | Private Sewer |
| STORIES | 1 |
| SUBDIVISION | GILCHRISTS EAST END ADD |
| TAXES | 29670.24 |
| WATER | Public |
MORTGAGE CALCULATOR
TOTAL MONTHLY PAYMENT
0
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*Estimate only
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Listing provided by Savannah Zarris, SELLSTATE VISION REALTY, 941-807-4304
The information contained herein has been provided by My Florida Regional MLS DBA Stellar MLS. IDX information is provided exclusively for consumers' personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the MLS. Listings last updated 12/5/25 6:23 AM PST.
This IDX solution is (c) Diverse Solutions 2025.