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PRICE $385,000 dsIDX morgage calculator
BEDS 0
BATHS 0
HOME SIZE 3,100 sqft
LOT SIZE 9,584 sqft

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.

DAYS ON MARKET 161 LAST UPDATED 10/23/2025
TRACT PINERIDGE II YEAR BUILT 1978
COMMUNITY 32653 - Gainesville COUNTY Alachua
STATUS Active PROPERTY TYPE(S) Multi Family


ADDITIONAL DETAILS
AIR Central Air
AIR CONDITIONING Yes
AREA 32653 - Gainesville
CONSTRUCTION Block
EXTERIOR Other
HEAT Central
INTERIOR Open Floorplan
LOT 9583 sq ft
SEWER Public Sewer
SUBDIVISION PINERIDGE II
TAXES 3041.11
UTILITIES Electricity Connected
WATER Public
MORTGAGE CALCULATOR
   

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CONTACT US ABOUT 5801 NW 23RD TERRACE
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Listing provided by Heather Doughton, BOSSHARDT REALTY SERVICES LLC, 352-371-6100
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 3/17/26 10:41 AM PDT.

This IDX solution is (c) Diverse Solutions 2026.