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    5811 NW 23Rd Ter Gainesville, FL 32653

    For Sale
    $449,900

    Quadruplex - GAINESVILLE, FL

    Type:Quadruplex
    Property size:
    1,800 SF
    Lot size:
    0.11 Acres
    Days on Market:
    22
    Last Refresh:
    Dec 7 at 7:06 am

    Property Features for 5811 NW 23Rd Ter

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Quadruplex
    Standard status
    Active
    Zoning
    PD
    Rooms
    Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4, Bedroom 5
    Bedrooms
    8
    APN
    06014-002-033
    Pets allowed
    Cats OK, Dogs OK, Yes
    Interior features
    Primary Bedroom Main Floor
    Exterior features
    Sidewalk
    Size
    1,800 SF
    Lot size
    0.11 Acres

    Taxes and HOA fees

    Expense value
    102.66999816895
    Expense
    Home Owner Assessments Fee
    Expense freq.
    Monthly

    Utilities

    Heating system
    Electric (Heating)
    Cooling system
    Central Air

    Building Details

    Year built
    1978
    Number of units
    4
    Building materials
    Brick
    Roof type
    Shingle
    Architectural style
    Other

    Thomas Group Realty, LLC (352) 226-8228 [email protected]

    Listing agent Emily Thomas (352) 226-8228 License #3570997

    Listing date Nov 16, 2025

    MLS# GC535112 Listing URL

    Copyright © 2025 Stellar MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Gainesville Four-Unit Income Property

    Located in Northwest Gainesville, this four-unit income property features self-contained units, each with 2 bedrooms, 1 bath, and in-unit laundry. The property is situated in a high-demand rental area, 15 minutes from UF, Shands, and the VA. The building provides steady income with potential for rental increases or minor upgrades. AC units have been replaced in 2017, two units in 2019, and one in 2021. Three of the units are currently rented for $990, $990, and $900. The interiors for all 4 units have been updated, and appliances were purchased in 2023 and 2025. This quadruplex is a turnkey property with reliable performance. The property size is 1800 square feet and the lot size is 0.11 acres.
    Property Profile Location Intelligence

    Current Use by Public Records

    Quadplexes

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Gainesville
    County
    Alachua
    State
    Florida
    Longitude
    -82.357978
    Latitude
    29.708043

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    FAQs

    What type of property is this?
    Quadplex - Four updated units near UF, Shands, and VA with steady income.
    Where is this quadplex located?
    The property is located at 5811 NW 23Rd Ter Gainesville, FL.
    What is the asking price?
    The asking price for this property is $449,900.
    What are key features of this property?
    This property features: - Turnkey four-unit income property in a high-demand rental area.; - Each unit features 2 bedrooms, 1 bath, and in-unit laundry.; - Consistent occupancy rates with upside potential through rental increases.
    (352) 226-8228
    Request Owner's contact information
    5811 NW 23Rd Ter Gainesville, FL 32653
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    5811 NW 23Rd Ter Gainesville, FL 32653
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