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For sale by owner
    • Price cut: $20K (6/19)
    $340,000

    5811 NW 23rd Ter, Gainesville, FL 32653

    8beds
    3,600sqft
    : 
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    MultiFamily
    Built in 1978
    -- sqft lot
    $-- Zestimate®
    $94/sqft
    $126/mo HOA

    Overview

    Income producing BRICK quad in Gainesville! Each unit is a 2/1. We currently have 3 units occupied. Rents are $990, $990, and $1050. All leases expire summer 2027. Each unit has hookups for dryer and washer. This is a great investment if you are looking for high cash flow each month! Each unit is on its own electric and water meter and tenants pay all utilities. You can hit the ground running with this one pulling $4000 in rents each month with minimal repairs. Vacant unit needs a kitchen faucet, fridge, the cabinets painted, a broken window fixed, and the countertops fixed and sealed. Water Heater Unit A- 2021 Unit B- July 2025 Unit C- Unknown Unit D- April 2023 Fridge Unit A- June 2023 New Unit B- March 2025 New Unit C- No fridge right now Unit D- 2022 Used Stove Unit A- Dec 2023 New Unit B- July 2025 New Unit C- Feb 2023 Used Unit D- 2022 Used HVAC Unit A- 2019 Unit B- 2017 Unit C- 2019 Unit D- 2021 New bathtub (Unit A)- Sept 2023 New toilet (Unit B)- Oct 2024 Roof replaced in 2017 No carpet throughout! Being sold by owner and As-Is. Solid bones with newer HVAC, roof, most appliances, and water heaters.
    77 days
    |
    1,196
    |
    73
    |
    Listed by:

    Property Owner (502) 655-5190

    This property is for sale by owner and Zillow, Inc. is displaying it at the owner's request. It is not subject to a listing agreement with Zillow, Inc. or its affiliates.

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 8
      • Bathrooms: 4
      • Full bathrooms: 4
      Heating
      • Forced air, Electric
      Cooling
      • Central
      Appliances
      • Included: Range / Oven, Refrigerator
      Features
      • Flooring: Tile, Linoleum / Vinyl
      • Basement: None
      Interior area
      • Total interior livable area: 3,600 sqft

      Property

      Parking
      • Total spaces: 4
      • Parking features: Off-street
      Features
      • Exterior features: Brick
      • Has view: Yes
      • View description: City
      Lot
      • Size: 4,792 Square Feet
      Details
      • Parcel number: 06014002033

      Construction

      Type & style
      • Home type: MultiFamily
      Materials
      • brick
      • Roof: Asphalt
      Condition
      • New construction: No
      • Year built: 1978

      Community & HOA

      HOA
      • Has HOA: Yes
      • HOA fee: $126 monthly
      Location
      • Region: Gainesville

      Financial & listing details

      • Price per square foot: $94/sqft
      • Tax assessed value: $183,730
      • Annual tax amount: $3,567
      • Date on market: 5/1/2026

        Estimated market value

        Not available

        Estimated sales range

        Not available

        $1,396/mo

        Price history

        DateEventPrice
        6/19/2026Price change$340,000-5.6%$94/sqft
        Source: Owner Report a problem
        6/11/2026Price change$360,000-4%$100/sqft
        Source: Owner Report a problem
        5/21/2026Price change$375,000+7.1%$104/sqft
        Source: Owner Report a problem
        5/1/2026Listed for sale$350,000$97/sqft
        Source: Owner Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$3,567 +20%$137,916 +10%
        2024$2,973 -7.4%$125,378 -6.8%
        2023$3,210 +94.4%$134,520 +188.9%
        2022$1,651 +6.5%$46,558 +10%
        2021$1,550 +27.6%$42,326 +10%
        2020$1,215 +0.9%$38,478 +10%
        2019$1,204 $34,980 -28.6%
        2018$1,204 +23.1%$49,000 +16.9%
        2017$979 +8%$41,900 +59.4%
        2016$907 +3.4%$26,290 +10%
        2015$876 +26.3%$23,900 -3.2%
        2014$694 -3.8%$24,700 -3.5%
        2013$721 $25,600 -21%
        2012-- $32,400 -6.1%
        2011-- $34,500 -4.4%
        2010-- $36,100 -35.5%
        2009-- $56,000 -4.1%
        2008-- $58,400 +0.5%
        2007-- $58,100 +3.6%
        2006-- $56,100 +33.3%
        2005-- $42,100 +13.8%
        2004-- $37,000 +14.6%
        2003-- $32,300
        2002-- $32,300 +0.9%
        2001-- $32,000 +10.3%
        2000-- $29,000
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

        Explore the cost of this home by adjusting the details. Changes won't be saved.
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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        Climate risks

        Neighborhood: 32653

        Getting around

        1 / 100
        Car-Dependent
        25 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating

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