$470,000
5811 NW 23RD TERRACE UNIT ABCD
GAINESVILLE, FL, 32653
INVESTOR ALERT! Updated quadriplex in NW Gainesville, less than 15 minutes from UF, Shands and the VA. The interiors for all 4 units have been updated as well as the appliances which were purchased in 2023 and 2025. AC’s were replaced in 2017, two in 2019, and 2021. Three units are rented ($990, $990, and $900) and one unit is being turned, since their lease expired (4th unit was rented through the city at $1450). All units have been properly maintained which makes this a great investment opportunity for someone just starting out, or looking to add to their portfolio. This transaction is a 1031 exchange.
Property Details
Price:
$470,000
MLS #:
GC533600
Status:
Active
Beds:
8
Baths:
4
Address:
5811 NW 23RD TERRACE UNIT ABCD
Type:
Multi Family
Subtype:
Quadruplex
Subdivision:
PINERIDGE II
Neighborhood:
32653gainesville
City:
GAINESVILLE
Listed Date:
Aug 28, 2025
State:
FL
Finished Sq Ft:
1,800
ZIP:
32653
Lot Size:
4,792 sqft / 0.11 acres (approx)
Year Built:
1978
Units:
4
Schools
Interior
Cooling
Central Air
Heating
Electric
Laundry Features
Electric Dryer Hookup, Other, Washer Hookup
Exterior
Construction Materials
Brick
Exterior Features
Sidewalk
Roof
Shingle
Financial
HOA Fee
$308
HOA Frequency
Quarterly
HOA Name
Pineridge Association
Tax Year
2024
Taxes
$2,973
Mortgage Calculator
Map
Similar Listings Nearby
- 1035 NE 3RD AVENUE
GAINESVILLE, FL$364,900
4.67 miles away

5811 NW 23RD TERRACE UNIT ABCD
GAINESVILLE, FL
LIGHTBOX-IMAGES