$385,000

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5801 Nw 23Rd Terrace Gainesville, FL, United States 32653

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. 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.

Amenities

  • Bedrooms: 0
  • Full Bathrooms: 0
  • Partial Bathrooms: 0
  • Property Type: Residential Multi Family
  • Architectural Style: Other
  • Year Built: 1978
  • Built in 1978
  • Home size: 3,100 ft2 / 288.00 m2
  • MLS: GC534581
  • Status: Active
Copyright © 2024 Stellar MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Property brokered by

Bosshardt Realty Services

(352) 371-6100

Get more listing details on brokerage site

Presented by Heather Doughton

  • (352) 514-7557
  • (352) 371-6100 (Office Phone)

Contact Heather Doughton

Contact Agent

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