5811 Nw 23rd Terrace A,b,c,d, GAINESVILLE, FL

$450,000

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8

Beds

4

Baths

1,800

Square feet

0.11

Acres

About 5811 Nw 23rd Terrace A,b,c,d

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.

Features of 5811 Nw 23rd Terrace A,b,c,d

MLS® # GC533600
Price $450,000
Bedrooms 8
Bathrooms 4.00
Square Footage 1,800
Acres 0.11
Year Built 1978
Type Residential Income
Sub-Type Quadruplex
Status Active

Community Information

Address 5811 Nw 23rd Terrace A,b,c,d
Area Gainesville
Subdivision PINERIDGE II
City GAINESVILLE
County Alachua
State FL
Zip Code 32653

Amenities

Is Waterfront No
Has Pool No

Interior

Interior Features Kitchen/Family Room Combo, Other, Solid Wood Cabinets, Thermostat
Heating Electric
Cooling Central Air
Fireplace No

Exterior

Exterior Features Sidewalk
Roof Shingle
Foundation Slab

Additional Information

Date Listed August 28th, 2025
Days on Market 37
Zoning PD
Foreclosure No
Short Sale No
RE / Bank Owned No

Listing Details

OfficeCOLDWELL BANKER M.M. PARRISH REALTORS

Listing Map

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