5801 NW 23RD TER, Gainesville, FL 32653
5801 NW 23RD TER, Gainesville, FL 32653
5801 NW 23RD TER, Gainesville, FL 32653
5801 NW 23RD TER, Gainesville, FL 32653
5801 NW 23RD TER, Gainesville, FL 32653
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$ 385,000
Est. payment | /mo

3,100 SqFt


$ 385,000
Est. payment | /mo

3,100 SqFt

Key Details

Property Type Multi-Family

Sub Type Quadruplex

Listing Status Pending

Purchase Type For Sale

Square Footage 3,100 sqft

Price per Sqft $124

Subdivision Pineridge Ii

MLS Listing ID GC534581

HOA Y/N No

Year Built 1978

Annual Tax Amount $3,041

Lot Size 9,583 Sqft

Acres 0.22

Property Sub-Type Quadruplex

Source Stellar MLS

Property Description

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.

Location

State FL

County Alachua

Community Pineridge Ii

Area 32653 - Gainesville

Zoning PD

Interior

Interior Features Open Floorplan

Heating Central

Cooling Central Air

Fireplace false

Laundry Laundry Closet

Exterior

Exterior Feature Other

Utilities Available Electricity Connected

Roof Type Shingle

Garage false

Private Pool No

Building

Foundation Slab

Lot Size Range 0 to less than 1/4

Sewer Public Sewer

Water Public

Structure Type Block

New Construction false

Others

Senior Community No

Ownership Fee Simple

Special Listing Condition None

Virtual Tour https://www.propertypanorama.com/instaview/stellar/GC534581

Stellar MLS
Listed by Heather Doughton BOSSHARDT REALTY SERVICES LLC

Schools and Properties Nearby

Take a Closer Look

5801 NW 23RD TER

My daughter and I decided to move to Summerville, SC from Kansas last year. We flew out to SC for a few days to look around and at this time, I didn't have a realtor yet. By chance, we stopped at an open house and met Angie!!! She was so nice and easy to talk with, almost like we had known each other for years! The next month, we flew back out and Angie had the day lined up with showings. She was great on pointing out the positives/negatives of each house. She wanted us to feel comfortable about our new home. Angie was extremely helpful with our long distance move. She was always available to answer any questions. We definitely made the right decision on Angie being our realtor!!! DeeAnna

DeeAnna McClendon

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Angie Gooden

Agent

+1(843) 576-9551 | agoodenrealtor@gmail.com

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