5811 NW 23rd Terrace #A, B, C, D, Gainesville, FL 32653

Local realty services provided by:ERA American Suncoast
5811 NW 23rd Terrace #A, B, C, D,Gainesville, FL 32653
$449,900
Virtual Tour
  • 8 Beds
  • 4 Baths
  • 1,800 sq. ft.
  • Multi-family
  • Active
Listed by:emily thomas
Office:bhgre thomas group
MLS#:GC535112
Source:MFRMLS

Price summary

  • Price:$449,900
  • Price per sq. ft.:$124.97
  • Monthly HOA dues:$102.67

About this home

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.

Contact an agent

contact an agent

Yes, I would like more information from ERA®. Please use and/or share my information with an ERA affiliated agent to contact me about my real estate needs. By clicking Send message, I agree an ERA affiliated agent may contact me by phone or text message including by automated means about real estate services, and that I can access real estate services without providing my phone number. I acknowledge that I have read and agree to theTerms of useandPrivacy notice

Home facts

  • Year built:1978
  • Listing ID #:GC535112
  • Added:1 day(s) ago
  • Updated:November 05, 2025 at 02:30 AM

Rooms and interior

  • Bedrooms:8
  • Total bathrooms:4
  • Living area:1,800 sq. ft.

Heating and cooling

  • Cooling:Central Air
  • Heating:Electric

Structure and exterior

  • Roof:Shingle
  • Year built:1978
  • Building area:1,800 sq. ft.
  • Lot area:0.11 Acres

Utilities

  • Water:Public, Water Connected
  • Sewer:Public Sewer, Sewer Connected

Finances and disclosures

  • Price:$449,900
  • Price per sq. ft.:$124.97
  • Tax amount:$2,973 (2024)
MLS LogoThe information being provided by Stellar Mls is for the consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing. Any information relating to real estate for sale referenced on this web site comes from the Internet Data Exchange (IDX) program of the Stellar Mls. ERA American Suncoast is not a Multiple Listing Service (MLS), nor does it offer MLS access. This website is a service of ERA American Suncoast, a broker participant of Stellar Mls. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. The accuracy of all information, regardless of source, including but not limited to open house information, square footages and lot sizes, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. The data contained herein is copyrighted by Stellar Mls and is protected by all applicable copyright laws. Any unauthorized dissemination of this information is in violation of copyright laws and is strictly prohibited. Properties in listings may have been sold or may no longer be available. Copyright 2025 Stellar Mls. All rights reserved.

New listings near 5811 NW 23rd Terrace #A, B, C, D