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5811 NW 23RD TERRACE A, B, C, D
GAINESVILLE FL 32653 US

$439,900

Active Listing ID GC535112
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8 bed
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Lot: 0.11 Acres
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Quadruplex

$439,900

Active Listing ID GC535112
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5811 NW 23RD TERRACE A, B, C, D Discover this exceptional four-unit income property in Northwest Gainesville! Each of the four self-contained units is thoughtfully designed with 2 bedrooms and 1 bath, and in-unit laundry. Located in a high-demand rental area, 15 minutes from UF, Shands, and the VA, this property offers both convenience and value. With consistent occupancy rates and market rents continuing to rise, the building delivers steady income with upside potential through rental increases or minor upgrades. AC has been replaced in 2017, two units in 2019, and one in 2021. Three of the units are rented ($990, $990, and $900). The interiors for all 4 units have been updated and appliances were purchased in 2023 and 2025. Whether you’re expanding your portfolio or looking for a turnkey property with proven returns, this quadruplex represents a solid investment opportunity with reliable performance and minimal management hassle.

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Property Features

  • Facts
  • Lot Size: 0.11 Acres
  • Property Type: Residential Multi Family
  • Property Sub-type: Quadruplex
  • Features
  • Cooling System: Central Air
  • Exterior Finish: Sidewalk
  • Roof Type: Shingle
  • Heating Fuels: Electric (Heating)

Property

  • propertytype: Residential Multi Family
  • propertysubtype: Quadruplex
  • listprice: 439900
  • unparsedaddress: 5811 NW 23RD TERRACE
  • unitnumber: A, B, C, D
  • postalcity: GAINESVILLE
  • stateorprovince: FL
  • country: US
  • postalcode: 32653
  • bathroomsfull: 0
  • bathroomshalf: 0
  • bathroomsonequarter: 0
  • bathroomsthreequarter: 0
  • lotsizeacres: 0.11
  • lotsizeunits: Acres
  • lotsizearea: 0.11
  • livingarea: 1800
  • livingareaunits: Square Feet
  • latitude: 29.708043
  • longitude: -82.357978
  • listagentfullname: Emily Thomas
  • listagentemail: emilythomas@thomasgrouprealty.com
  • listagentkey: 3yd-MFRMLSFL-259508080
  • listagentmlsid: 259508080
  • listagentpreferredphone: 9046998107
  • listagentofficephone: 3522268228
  • listofficekey: 3yd-MFRMLSFL-259504926
  • listagentstatelicense: 3570997
  • listofficemlsid: 259504926
  • disclaimer: 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.
  • sourcesystemid: MFRMLSFL
  • yearbuilt: 1978
  • listingcontractdate: 2025-10-30
  • listagenturl: http://www.ThomasGroupRealty.com
  • countyorparish: Alachua
  • parcelnumber: 06014-002-033
  • cooling: Central Air
  • constructionmaterials: Brick
  • heating: Electric (Heating)
  • numberofunitstotal: 4
  • fireplaceyn: False
  • transactiontype: ForSale
  • storiestotal: 0
  • parkingtotal: 0
  • roof: Shingle
  • waterfrontyn: False
  • franchiseaffiliation: Better Homes and Gardens Real Estate
  • interiorfeatures: Primary Bedroom Main Floor
  • exteriorfeatures: Sidewalk
  • architecturalstyle: Other
  • rooms: Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4, Bedroom 5
  • dock: False
  • poolprivateyn: False
  • spayn: False
  • internetaddressdisplayyn: True
  • internetautomatedvaluationdisplayyn: False
  • internetconsumercommentyn: False
  • location: -82.35798, 29.708042
  • customfields: {"AdditionalInformation":{}, "AlternatePrices":[], "BrokerName":"Thomas Group Realty, LLC", "BuilderEmail":null, "BuilderFax":null, "BuilderPhone":null, "City":null, "Country":null, "Expenses":[{"ExpenseCategory":"Home Owner Assessments Fee", "ExpenseFrequency":"Monthly", "ExpenseValue":102.66999816894531}], "GeocodeOptions":null, "LeadRoutingEmail":"emilythomas@thomasgrouprealty.com", "ListBrokerageCity":"Gainesville", "ListBrokerageCountry":"US", "ListBrokerageEmail":"mthomas@thomasgrouprealty.com", "ListBrokerageLogoUrl":"http://brokerlogos.listhub.net/95/431723/20210926165857711.png", "ListBrokerageName":"Thomas Group Realty, LLC", "ListBrokeragePhone":"(352) 226-8228", "ListBrokeragePostalCode":"32608", "ListBrokerageStateOrProvince":"FL", "ListBrokerageUnitNumber":null, "ListBrokerageUnparsedAddress":"5346 SW 91st Terrace", "ListBrokerageWebsiteUrl":"http://www.ThomasGroupRealty.com", "ListOfficeAddress1":"5346 SW 91 TERR", "ListOfficeAddress2":null, "ListOfficeBrokerMlsId":null, "ListOfficeCity":"Gainesville", "ListOfficeCountry":"US", "ListOfficeEmail":"mthomas@thomasgrouprealty.com", "ListOfficePostalCode":"32608", "ListOfficeStateOrProvince":"FL", "ListPriceCurrencyType":"USD", "ListingTitle":"Quadruplex - GAINESVILLE, FL", "ListingURL":"https://www.realtor.com/realestateandhomes-detail/5811-NW-23rd-Ter-Apt-A_Gainesville_FL_32653_M62226-36976?f=listhub&s=MFRMLSFL&m=GC535112&c=rexren", "MLSModificationTimestamp":"2025-12-16T10:41:09Z", "Neighborhoods":[], "PostalCode":null, "RawPropertySubType":"Quadruplex", "RawPropertyType":"Residential Income", "RoomCount":null, "StateOrProvince":null, "Taxes":[{"TaxAnnualAmount":2973.45, "TaxDescription":null, "TaxYear":"2024"}], "UnitNumber":null, "UnparsedAddress":null}
Listing Changed: 12/16/2025 5:38:31 PM GMT
Source Updated Date: 12/18/2025 12:52:42 PM GMT

Courtesy of: Emily Thomas, BHGRE THOMAS GROUP, emilythomas@thomasgrouprealty.com

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.