5801 Nw 23rd Terrace, Gainesville, FL 32653

$300,000
3,100
SqFt

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Sold Price
$300,000
List Price
$385,000
Status
Sold
Days on Market
166
Closing Date
May 26, 2026
MLS#
GC534581
Property Style
Quadruplex
Year Built
1978
Living Area
3,100
Lot Size
9,583
Acres
0.22
Total Acreage
0 to less than 1/4
Legal Subdivision Name
Pineridge Ii
MLS Area Major
Gainesville

Property Description

This Northwest Gainesville quadruplex is a fantastic opportunity for investors looking to grow their portfolio with a property that offers both stability and upside. Each of the four units includes 2 bedrooms and 1 bathroom, featuring tile in the main living spaces and carpeted bedrooms—practical finishes that tenants appreciate and owners find easy to maintain. The solid concrete block exterior adds to the property’s durability and long-term value. While some updates would go a long way toward modernizing the space, the fundamentals are already in place—four units in an area known for consistent rental demand. With the right improvements, this property has excellent potential to generate strong returns and increase in value. Roofing permit indicates 2020 roof. Ideally situated near shopping, dining, schools, and major employers, this location offers quick access to the University of Florida, Santa Fe College, and downtown Gainesville. Tenants will love the convenience, and investors will appreciate the income stream that comes with multi-family housing. Whether you’re a seasoned investor or just getting started, this quadruplex presents a rare chance to create lasting value through thoughtful updates and smart management.

Additional Information

Taxes
$3041
Community Features
No Deed Restriction
Zoning
PD
Interior Layout
Open Floorplan
Interior Features
Open Floorplan
Utilities
Electricity Connected
Heating
Central
Air Conditioning
Central Air
Exterior Construction
Block
Exterior Features
Other
Roof
Shingle
Foundation
Slab
Pool
No Pool
Flood Zone Code
X
Parcel ID
06014-002-039
Legal Description
PINERIDGE II PB J-37 UNITS 39 & 40 LESS PART K/A LTD COMMON AREA OR 3274/0056

Listing courtesy of BOSSHARDT REALTY SERVICES LLC. 352-371-6100

Selling Office: BOSSHARDT REALTY SERVICES LLC.

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Calculator source: Real Geeks

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