5801 NW 23rd Terrace, Gainesville, FL 32653

Local realty services provided by:Better Homes and Gardens Real Estate Thomas Group
5801 NW 23rd Terrace,Gainesville, FL 32653
$385,000
Virtual Tour
  • - Beds
  • - Baths
  • 3,100 sq. ft.
  • Multi-family
  • Active
Listed by:heather doughton
Office:bosshardt realty services llc.
MLS#:GC534581
Source:MFRMLS

Price summary

  • Price:$385,000
  • Price per sq. ft.:$124.19

About this home

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

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Home facts

  • Year built:1978
  • Listing ID #:GC534581
  • Added:1 day(s) ago
  • Updated:October 25, 2025 at 12:08 PM

Rooms and interior

  • Living area:3,100 sq. ft.

Heating and cooling

  • Cooling:Central Air
  • Heating:Central

Structure and exterior

  • Roof:Shingle
  • Year built:1978
  • Building area:3,100 sq. ft.
  • Lot area:0.22 Acres

Utilities

  • Water:Public
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$385,000
  • Price per sq. ft.:$124.19
  • Tax amount:$3,041 (2024)
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