6816 SW 4TH PLACE, Gainesville, FL 32607

• 6,148 sqft

Property Description

Virtually Staged. Stabilized 16-Unit Multifamily Portfolio | 8.3% Current Cap Rate | Gainesville, FL Incredible opportunity to acquire a 94% occupied, high-yielding investment property spread across two contiguous 8-unit parcels. Features eight 1BR/1BA and eight 2BR/2BA units with immediate organic upside to market rents. Recent ownership-funded capital improvements include partial roof repairs, brand-new HVAC systems, appliance upgrades, and a fully renovated modern unit. Strong cash flow anchored by premium VA and other government housing programs. Located entirely in Flood Zone X with no HOA fees. Unbeatable location off I-75, just 8 minutes from North Florida Regional Medical Center and under 15 minutes to the University of Florida campus. Act fast to add this turnkey cash-cow to your commercial portfolio! Contact listing agent for the full OM.

Listing Status:

Active

Date Added:

June 24, 2026

Data Last Updated:

June 27, 2026 at 5:21AM

Listing Office:

BLAIR REALTY GROUP INC : 407-210-3944

Listing Agent:

Reuben Simmonds, Jr : 407-782-1067

MLS ID:

O6419367

Interior

• Appliances: DishwasherDryerRefrigeratorWasher
• Flooring: LaminateTileVinyl
• A/C: Central Air
• Heating: Central

Construction

• Roofing: Shingle
• General: BlockTwoSlab

Location

• Road/Access: City Street
• Originating MLS: Stellar MLS
• County: Alachua

Lot

• Zoning: R-3CEDAR RIDGE VILLAS PB M-19 LOT 5 OR 5221/291106655-070-005

Utilities

• Utilities: BB/HS Internet CapableElectricity AvailablePublicWater Connected
• Water: Public
• Sewer: Public Sewer

Financial

• Source: Stellar MLS
• Ownership: Fee Simple