5811 NW 23RD TERRACE A, B, C, D, Gainesville, FL 32653

• 8 beds |
• 4 baths |
• 1,800 sqft

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.

Listing Status:

Active

Date Added:

November 4, 2025 at 06:00AM

Listing Office:

BHGRE THOMAS GROUP : 352-226-8228

Listing Agent:

Emily Thomas : 904-699-8107

MLS ID:

GC535112

Interior

• General: Primary Bedroom Main Floor
• Laundry: Inside
• A/C: Central Air
• Heating: Electric

Exterior

• General: Sidewalk

Construction

• Roofing: Shingle
• General: BrickOneSlab

Location

• Road/Access: Asphalt
• HOA Amenities: 308.0Quarterly
• Originating MLS: Stellar MLS
• County: Alachua

Lot

• Zoning: PDPINERIDGE II PB J-37 LOT 33 OR 4115/1378 & OR 4264/0976PINERIDGE II PB J-37 LOT 34 OR 4115/1378 & OR 4264/097606014-002-033

Utilities

• Utilities: BB/HS Internet AvailableElectricity ConnectedSewer ConnectedWater Connected
• Water: Public
• Sewer: Public Sewer

Financial

• Source: Stellar MLS
• Ownership: Fee Simple

This listing courtesy of Emily Thomas, BHGRE THOMAS GROUP