Gainesville, FL 32653,5811 NW 23RD TER #A, B, C, D
Gainesville, FL 32653,5811 NW 23RD TER #A, B, C, D
Gainesville, FL 32653,5811 NW 23RD TER #A, B, C, D
Gainesville, FL 32653,5811 NW 23RD TER #A, B, C, D
Gainesville, FL 32653,5811 NW 23RD TER #A, B, C, D
Gainesville, FL 32653,5811 NW 23RD TER #A, B, C, D
REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
Sun
25
Jan
Mon
26
Jan
Tue
27
Jan
$ 429,900
Est. payment | /mo

8 Beds

4 Baths

1,800 SqFt


$ 429,900
Est. payment | /mo

8 Beds

4 Baths

1,800 SqFt

Key Details

Property Type Multi-Family

Sub Type Quadruplex

Listing Status Active

Purchase Type For Sale

Square Footage 1,800 sqft

Price per Sqft $238

Subdivision Pineridge Ii

MLS Listing ID GC535112

Bedrooms 8

Construction Status Completed

HOA Fees $308/qua

HOA Y/N Yes

Annual Recurring Fee 1232.0

Year Built 1978

Annual Tax Amount $2,973

Lot Size 4,791 Sqft

Acres 0.11

Property Sub-Type Quadruplex

Source Stellar MLS

Property Description

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.

Location

State FL

County Alachua

Community Pineridge Ii

Area 32653 - Gainesville

Zoning PD

Interior

Interior Features Primary Bedroom Main Floor

Heating Electric

Cooling Central Air

Furnishings Unfurnished

Fireplace false

Laundry Inside

Exterior

Exterior Feature Sidewalk

Utilities Available BB/HS Internet Available, Electricity Connected, Sewer Connected, Water Connected

Roof Type Shingle

Garage false

Private Pool No

Building

Entry Level One

Foundation Slab

Lot Size Range 0 to less than 1/4

Sewer Public Sewer

Water Public

Structure Type Brick

New Construction false

Construction Status Completed

Others

Pets Allowed Cats OK, Dogs OK, Yes

Senior Community No

Ownership Fee Simple

Monthly Total Fees $102

Acceptable Financing Cash, Conventional

Membership Fee Required Required

Listing Terms Cash, Conventional

Special Listing Condition None

Virtual Tour https://www.propertypanorama.com/instaview/stellar/GC535112

Stellar MLS
Listed by Emily Thomas BHGRE THOMAS GROUP

Schools and Properties Nearby

SCHOOLSPROPERTIES
Elementary Schools 12
  • 9

    Healthy Learning Academy Charter School

    Public | KG - 5

  • 9

    Genesis Preparatory School

    Public | KG - 3

  • 7

    William S. Talbot Elementary School

    Public | PK - 5

  • 6

    Glen Springs Elementary School

    Public | PK - 5

  • 6

    C. W. Norton Elementary School

    Public | PK - 5

  • 6

    Stephen Foster Elementary School

    Public | KG - 5

  • 1

    Sidney Lanier Center

    Public | PK - 12

  • 0

    Brentwood School

    Private | PK - 5

  • 0

    Cornerstone Academy

    Private | PK - 12

  • 0

    Flowers Montessori

    Private | PK - KG

  • 0

    Z L Sung Seventy-Day Adventist School

    Private | 1 - 9

  • 0

    St Patrick Interparish School

    Private | PK - 8

Middle Schools 2
  • 4

    Westwood Middle School

    Public | 6 - 8

  • 0

    Hoggetowne Middle School

    Public | 6 - 8

High Schools 3
  • 7

    F. W. Buchholz High School

    Public | 9 - 12

  • 6

    Gainesville High School

    Public | 9 - 12

  • 0

    Alachua Mycroschool of Integrated Academics and Te

    Public | 9 - 12

School and business data provided by Attom Data.
Azi Mahdion

Find out why customers are choosing LPT Realty to meet their real estate needs

Learn More About LPT Realty

Name
Phone*
Message

Tour the Home

5811 NW 23RD TER #A, B, C, D