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5801 Nw 23rd Terrace, Gainesville
$300,000
Pineridge Ii SubDv. ⋅ 32653 Zip Code
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.

5801 Nw 23rd Terrace, Gainesville

5913 & 5915 Nw 23rd Terrace, Gainesville
$176,200
2 Baths ⋅ Pineridge Ii SubDv. ⋅ 32653 Zip Code
Investor Alert — DUPLEX --- Excellent Opportunity! If you’ve been searching for a property with great potential and a solid foundation, this duplex is a perfect fit. Each unit offers 2 bedrooms and 1 bathroom, with tile flooring in the main living areas and brand-new carpet in the bedrooms—durable, low-maintenance finishes that are ideal for rental properties. The exterior is sturdy concrete block construction, a practical choice that adds peace of mind and long-term value. This property represents a fantastic opportunity for the savvy investor who recognizes value and potential. With some thoughtful improvements, this duplex could deliver impressive returns, whether you plan to rent both sides or live in one and lease the other. Located conveniently in Northwest Gainesville, this property is close to shopping, dining, and all the everyday things that make Gainesville such a sought-after place to live. Tenants will appreciate the easy access to major roads, the University of Florida, Santa Fe College, and local parks, while owners will enjoy strong rental demand. This is your chance to invest in a property that combines practicality & potential, a rare find in today’s market. With the right updates and management, this duplex can quickly become a reliable income producer and a valuable addition to your portfolio.

5913 & 5915 Nw 23rd Terrace, Gainesville