$385,000

5801 NW 23RD TERRACE, Gainesville, FL 32653

  • 3,100 sqft
  • Property Icon Multi-Family Home
  • Property Year Built Icon Built in 1978
  • Property Lot Size Icon9,583sqft lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $124/sqft
  • Property List Date Icon Listed 25 days ago

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. 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.

Listing Status:
Active
Date Added:
October 23, 2025 at 05:00AM
Listing Office:
BOSSHARDT REALTY SERVICES LLC : 352-371-6100
Listing Agent:
Heather Doughton : 352-514-7557
MLS ID:
GC534581
  • General: Open Floorplan
  • Laundry: Laundry Closet
  • A/C: Central Air
  • Heating: Central
  • General: Other
  • Roofing: Shingle
  • General: BlockSlab
  • Road/Access: Paved
  • Originating MLS: mfrmls
  • County: Alachua
  • Zoning: PDPINERIDGE II PB J-37 UNITS 39 & 40 LESS PART K/A LTD COMMON AREA OR 3274/005606014-002-039
  • Utilities: Electricity Connected
  • Water: Public
  • Sewer: Public Sewer
  • Source: mfrmls
  • Ownership: Fee Simple

This listing courtesy of Heather Doughton, BOSSHARDT REALTY SERVICES LLC

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

Ready to Start a VA Loan?

Get Started Veterans United Home LoansNMLS #1907  †
Get Prequalified »
Interest rates used in the VA mortgage calculator are shown for illustrative purposes only. Your rate may differ based on a variety of factors, including your credit score and the current market conditions. To get your personalized interest rate, start your quote online.

Location

Schools Nearby

C

C. W. Norton Elementary School

2200 NW 45th Ave, Gainesville, FL, 32605

Grades KG-5

0.77 miles away

W

Westwood Middle School

3215 NW 15th Ave, Gainesville, FL, 32605

Grades 6-8

3.09 miles away

G

Gainesville High School

1900 NW 13th St, Gainesville, FL, 32609

Grades 9-12

2.84 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.