About 5811 Nw 23rd Terrace A, B, C, D
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.
Features of 5811 Nw 23rd Terrace A, B, C, D
| MLS® # | GC535112 |
|---|---|
| Price | $449,900 |
| 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 | Primary Bedroom Main Floor |
|---|---|
| Heating | Electric |
| Cooling | Central Air |
| Fireplace | No |
Exterior
| Exterior Features | Sidewalk |
|---|---|
| Roof | Shingle |
| Foundation | Slab |
Additional Information
| Date Listed | November 4th, 2025 |
|---|---|
| Zoning | PD |
| Foreclosure | No |
| Short Sale | No |
| RE / Bank Owned | No |
Listing Details
| Agent | Emily Thomas |
|---|---|
| Office | BHGRE THOMAS GROUP |