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PRICE $429,900 dsIDX morgage calculator
BEDS 8
BATHS 4
HOME SIZE 1,800 sqft
LOT SIZE 4,792 sqft

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.

DAYS ON MARKET 138 LAST UPDATED 1/6/2026
TRACT PINERIDGE II YEAR BUILT 1978
COMMUNITY 32653 - Gainesville COUNTY Alachua
STATUS Active PROPERTY TYPE(S) Multi Family

PRICE HISTORY
Prior to Dec 16, '25 $449,900
Dec 16, '25 - Jan 6, '26 $439,900
Jan 6, '26 - Today $429,900


ADDITIONAL DETAILS
AIR Central Air
AIR CONDITIONING Yes
AREA 32653 - Gainesville
CONSTRUCTION Brick
HEAT Electric
HOA DUES 308
LOT 4792 sq ft
SEWER Public Sewer
STORIES 1
SUBDIVISION PINERIDGE II
TAXES 2973.45
UTILITIES Electricity Connected, Sewer Connected, Water Connected
WATER Public
MORTGAGE CALCULATOR
   

TOTAL MONTHLY PAYMENT

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CONTACT US ABOUT 5811 NW 23RD TERRACE #A, B, C, D
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Listing provided by Emily Thomas, BHGRE THOMAS GROUP, 352-226-8228
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 10:40 AM PDT.

This IDX solution is (c) Diverse Solutions 2026.