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Gainesville Quadruplex Investment Opportunity

625 SW 67TH TERRACE Gainesville, FL 32607

625 SW 67TH TERRACE, Gainesville, FL, 32607
$490,000
For Sale
Claim this Listing
$490,000

Quadruplex - GAINESVILLE, FL

Property Size3,600 SF
Lot Size0.23 Acres
Price / SF$136.11
AddedOct 11, 2025
Days on Market278
Last RefreshJul 15 at 4:06 pm

Property Features for 625 SW 67TH TERRACE

General Information

Property type
Residential Multi Family
Property subtype
Quadruplex
Zoning
R-3
Bedrooms
8
Rooms
Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4, Bedroom 5
Parking features
Assigned
Interior features
Ceiling Fans(s), Living Room/Dining Room Combo
Exterior features
Private Mailbox
Standard status
Active
APN
06655-054-003
Size
3,600 SF
Lot size
0.23 Acres

Taxes and HOA fees

Tax Year
2024
Tax Annual Amount
7388.82

Utilities

Heating system
Central, Electric (Heating)
Cooling system
Central Air

Building Details

Year built
1981
Number of units
4
Building materials
Block, Wood Siding
Roof type
Shingle
Architectural style
Other

Listing agent Amy Cole License #3158747

Listing office EXIT REALTY PRODUCERS 3600 NW 43rd Street Suite F-1, Gainesville, FL

Listing date Oct 11, 2025

MLS# GC534673 Listing URL

Copyright © 2026 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.


Investment Insights

Based on property information with market context.

Located in the southwest area of Gainesville, this two-story quadruplex presents an investment opportunity. The property consists of four townhouse-style units. Each unit features two bedrooms and 1.5 bathrooms, and includes a washer and dryer. The property is situated on a 0.23-acre lot. The total building size is 3,600 square feet. The zoning is R-3. All units are currently tenant-occupied, with lease dates extending to June and July 2026, providing immediate revenue from the first day of ownership.

Key Highlights

  • Fully occupied quadruplex providing immediate rental income.
  • Located in the fast‑growing SW area of Gainesville.
  • Each unit is a 2‑story townhouse with 2 bedrooms and 1.5 bathrooms.

Local Financial Insights For Multifamily LT 5

Simulate Cap Rate and NOI

NOI Build-Up
Vacancy
income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
EGI (Effective Gross Income)
gross rent minus vacancy losses — the realistic income before paying operating costs.
OpEx (Operating Expenses)
recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
NOI (Net Operating Income)
income a property generates after operating costs but before financing and taxes.

Component $ $/SF
Gross rent $54.0k $15.00
− Vacancy −$3.5k −$0.98
EGI $50.5k $14.03
− OpEx −$15.1k −$4.21
NOI $35.3k $9.82
3,600 SF · lease $15.00/SF/yr · vacancy 6.50% · expense 30.00%

Alternative Uses

Best Use
Multifamily LT 5
$504.9K
$441.8K – $589.1K (±1% cap)
NOI $35,343 @ 7.0% cap · market cap 7.21%
Second Best
Apartment 5plus
$453.1K
$396.4K – $528.6K (±1% cap)
NOI $31,715 @ 7.0% cap · market cap 6.47%
Theoretical Best
Office A
$891.6K
$780.2K – $1.04M (±1% cap)
NOI $62,415 @ 7.0% cap · market cap 12.74%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Quadplexes

Suggested Use

Electrical Service HVAC Service Auto Parts Store Kitchen & Bath Showroom Plumbing Service Garden Center Carpet & Flooring Store Catering Service Storage Facility Bakery

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

FAQs

What type of property is this?
Quadplex - Fully occupied Gainesville quadruplex with immediate revenue potential.
Where is this quadplex located?
The property is located at 625 SW 67TH TERRACE Gainesville, FL.
What is the asking price?
The asking price for this property is $490,000.
What are key features of this property?
This property features: Fully occupied quadruplex providing immediate rental income.; Located in the fast‑growing SW area of Gainesville.; Each unit is a 2‑story townhouse with 2 bedrooms and 1.5 bathrooms.
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