5811 NW 23rd Ter, Unit A B C D

Gainesville, FL 32653

$449,900
Price
8
Beds
4
Baths
1,800 Sq. Ft.
$250 / Sq. Ft.
1,800
Sq. Ft.
$250
per Sq. Ft.
a view of a back yard of the house
a view of outdoor space and yard
a front view of a house with garden
a front view of a house with a yard and garage
a bathroom with a sink a toilet and shower
a bathroom with a sink a toilet and shower
a view of a room with wooden floor and electronic appliances
a view of an empty room
a view of empty room with wooden floor
an empty room with windows
a bathroom with a sink toilet and shower
a bathroom with a toilet a sink a mirror a vanity and shower
a view of an empty room and wooden floor
a view of a hallway with wooden floor
wooden floor in an empty room
a view of an empty room with wooden floor and a window
a view of a hallway with wooden floor and entryway
a view of a hallway
a kitchen with a sink a stove and refrigerator
a hallway with a black white checkered floor with a rug
a large white kitchen with a sink and cabinets
a utility room with dryer and washer
a close view of tap

Description

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...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.
  1. Listed by Emily Thomas • Brokerage DRE #1040670 • BHGRE THOMAS GROUP
    P: (904)-699-8107 C: (904)-699-8107 emilythomas@thomasgrouprealty.com

Property Details for 5811 Northwest 23rd Terrace, Unit A B C D

Subdivision Name
PINERIDGE II
Township
09
Waterfront
No
Furnished
Unfurnished
LISTING UPDATED: 11/16/2025 01:40 PM

Property Details for 5811 Northwest 23rd Terrace, Unit A B C D

StatusActive
MLS #GC535112
Days on Market32
Taxes$2,973 / year
HOA Fees$1,232 / year
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income / Quadruplex
Year Built1978
Lot Size0.11 AC / 4,792 SF
CountyAlachua County

Location

Listing Courtesy of BHGRE THOMAS GROUP
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Building Information for 5811 Northwest 23rd Terrace, Unit A B C D

Stories-Residences4Year Built1978Building Size-Lot Size0.11 AC / 4,792 SF

Payment Calculator

$2,574 per month

30 year fixed, 6.28% Interest

Principal and Interest

$2,223

Property Taxes

$248

HOA Dues

$103

The Payment Calculator is for illustrative purposes only.

Property Information for 5811 Northwest 23rd Terrace, Unit A B C D

Summary
Location and General Information
  • Building Area Source: Owner
  • Building Area Total: 3600.0
  • Building Area Units: Square Feet
  • Directions: Heading N or NW 34th St, pass NW 53 Ave, make a left on NW 23rd Terrace. Drive about 100 yards and property will be on the right.
  • Mls Major Change Type: Back On Market
  • Major Change Type: Back On Market
  • Listing Service: Full Service
  • Senior Community: No
  • Unit Number: No
  • Street Number: 5811
  • Street Direction Prefix: NW
  • Street Name: 23RD
  • Street Suffix: TERRACE
  • Unit Number: A, B, C, D
  • State: FL
  • City: GAINESVILLE
Parking
  • Carport: No
  • Garage: No
Taxes and HOA Information
  • Association Fee Requirement: Required
  • Association Name: Pineridge Association
  • Association: Yes
  • CDD: No
  • Tax Book Number: J-37
  • Tax Legal Description: PINERIDGE II PB J-37 LOT 33 OR 4115/1378 & OR 4264/0976, PINERIDGE II PB J-37 LOT 34 OR 4115/1378 & OR 4264/0976
  • Tax Lot: 33, 34
  • Tax Year: 2024
Virtual Tour
Property
Lot Information
  • Additional Parcels Description: 06014-002-034
  • Additional Parcels: Yes
  • Parcel Number: 06014002033
  • Total Acreage: 0 to less than 1/4
  • Total Num Buildings: 1
  • Water Access: No
  • Water Extras: No
  • Zoning: PD
  • Living Area: 1800
Property and Assessments
  • Year Built Numeric: 1978
  • Flood Zone Code: X
  • New Construction: No
  • Number Of Lots: 2
  • Property Condition: Completed
  • Public Survey Range: 19
  • Public Survey Section: 13
Utilities
  • Sewer: Public Sewer
  • Utilities: BB/HS Internet Available, Electricity Connected, Sewer Connected, Water Connected
  • Water Source: Public
Interior and Exterior Features
Exterior Features
  • Construction Materials: Brick
  • Exterior Features: Sidewalk
  • Foundation Details: Slab
  • Levels: One
  • Pool Private: No
  • Pool: None
  • Pool Private: No
  • Roof: Shingle
  • Waterfront Feet Total: 0
Interior Features
  • Bedrooms Total: 8
  • Cooling: Central Air
  • Fireplace: No
  • Heating: Electric
  • Interior Features: Primary Bedroom Main Floor
  • Laundry Features: Inside
  • Living Area Source: Public Records
  • Living Area Units: Square Feet
  • Water View: No
Multi Family
Multi-Family Information
  • Annual Expenses: $6,000
  • Annual Net Income: $32,000.00
  • Gross Income: $38,000
  • Unit Count: 1
Rental
Rental Information
  • Total Actual Rent: $2,880
  • Pets Allowed: Cats OK, Dogs OK, Yes

Property History for 5811 Northwest 23rd Terrace, Unit A B C D

DateEvent & SourcePriceAppreciation
Nov 16, 2025

Listed (Active)

MFRMLS #GC535112

—
Nov 10, 2025

Pending

MFRMLS #GC535112

—
Nov 4, 2025

Listed (Active)

MFRMLS #GC535112

$449,900—
Oct 30, 2025

Temporarily Off Market

MFRMLS #GC535112

—
Oct 30, 2025

Listed (Active)

MFRMLS #GC535112

$449,900—
Oct 28, 2025

Withdrawn

MFRMLS #GC533600

$450,000—
Sep 16, 2025

Price Change

MFRMLS #GC533600

$470,000—
Aug 28, 2025

Listed (Active)

MFRMLS #GC533600

$475,000—
Jan 14, 2022

Sold

MFRMLS #GC500394

$315,000—
Dec 14, 2021

Pending

MFRMLS #GC500394

—
Oct 21, 2021

Listed (Active)

MFRMLS #GC500394

$327,500—
DateEvent & SourcePrice
11/16/2025

Listed (Active)

MFRMLS #GC535112

—
11/10/2025

Pending

MFRMLS #GC535112

—
11/04/2025

Listed (Active)

MFRMLS #GC535112

$449,900
10/30/2025

Temporarily Off Market

MFRMLS #GC535112

—
10/30/2025

Listed (Active)

MFRMLS #GC535112

$449,900
10/28/2025

Withdrawn

MFRMLS #GC533600

$450,000
09/16/2025

Price Change

MFRMLS #GC533600

$470,000
08/28/2025

Listed (Active)

MFRMLS #GC533600

$475,000
01/14/2022

Sold

MFRMLS #GC500394

$315,000
12/14/2021

Pending

MFRMLS #GC500394

—
10/21/2021

Listed (Active)

MFRMLS #GC500394

$327,500

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Schools near 5811 Northwest 23rd Terrace, Unit A B C D

This home is within Alachua.
Rating
School
Type
Grades
Distance
William S. Talbot Elementary School
Public - PK to 5
Westwood Middle School
Public - 6 to 8
Gainesville High School
Public - 9 to 12
Sidney Lanier Center
Public - K to 12
Rating
School
Distance
William S. Talbot Elementary School
PublicPK to 5

Westwood Middle School
Public6 to 8

Gainesville High School
Public9 to 12

Sidney Lanier Center
PublicK to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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More information about 5811 Northwest 23rd Terrace, Unit A B C D, Gainesville, FL 32653

5811 Northwest 23rd Terrace, Unit A B C D is a multi-family home for sale in Gainesville, FL 32653. This property was listed for sale on October 30, 2025 by BHGRE THOMAS GROUP, it's currently listed at $449,900. It has been on the market for a total of 32 days and was last sold on January 14, 2022. This listing's school district is Alachua. Nearby schools include William S. Talbot Elementary School, Westwood Middle School and Gainesville High School. 5811 Northwest 23rd Terrace, Unit A B C D is a 8-bed, 4-bath, 1,800 sqft multi-family home built in 1978.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of BHGRE THOMAS GROUP

Based on information from one of the following Multiple Listing Services: Pensacola Association of REALTORS®, Amelia Island Nassau County Association of REALTORS and NEFMLS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by Pensacola Association of REALTORS®, Amelia Island Nassau County Association of REALTORS and NEFMLS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.