Back A, B, C, D/5811 Northwest 23rd Terrace
Active

A, B, C, D/5811 Northwest 23rd Terrace

Gainesville FL 32653

8
4
3600 sq. ft.
4792 sq. ft.
Duplex
Currently for sale - view listing

Overview

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.

Features

8 bedrooms
4 bathrooms
3600 sq. ft. floor area
4792 sq. ft. lot size
Duplex

Happy sellers in Gainesville

92%
92% of sellers in Gainesville reported that their sale price either exceeded or met their price expectations.

Gainesville stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 5 reviews in Gainesville over the last 12 months.

Local market activity for 8 bedroom duplexes in Gainesville

In the last 12 months, 1 eight-bedroom duplex similar to A, B, C, D/5811 Northwest 23rd Terrace, have been sold.

This represents a 50% increase in eight-bedroom duplexes sales when compared to the previous 12 months.

© 2026 RateMyAgent