FL > Gainesville > Pineridge Ii
Gainesville, FL 32653,5811 NW 23RD TER #A, B, C, D
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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
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Addie Owens

Addie Owens

+1(352) 223-0053
$ 449,900
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Active

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

8 Beds

4 Baths

1,800 SqFt

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Quadruplex

Listing Status Active

Purchase Type For Sale

Square Footage 1,800 sqft

Price per Sqft $249

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

New Construction false

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
© 2025 My Florida Regional MLS DBA Stellar MLS. All Rights Reserved.
Listed by Emily Thomas BHGRE THOMAS GROUP
Addie Owens

Addie Owens

CEO, Principle Broker, Instructor | BKBK3138121

+1(352) 223-0053

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

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