$2,200,000
( $324.96Per Sq Foot )
 $11,810 est/mo Sourced by Back At You

6816 SW 4th Pl,GAINESVILLE, FL 32607

GAINESVILLE, FL 32607

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Description

Virtually Staged. One or more photo(s) was 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.

Details

MLS #O6419367
Listing TypeFor Sale
StyleMulti-family 5+
Sub-TypeFor-sale
StatusActive
Year1983
Days On Site81
Listing Provided ByBLAIR REALTY GROUP INC | Reuben Simmonds, Jr

Features

SQ Feet6,148
Story(s)2
Units8
ZoningR-3
Acreage0.35

Taxes

Property9979

Area Information

StateFL
CountyAlachua
CityGAINESVILLE
Zip Code32607
Area32607 Gainesville
Community NameCEDAR RIDGE VILLAS
Listing VS Median (in CEDAR RIDGE VILLAS)
Price:
$2,200,000
low | high
Med:
$2,200,000
50% of Average
sqft:
6,148
low | high
Med:
6,148
50% of Average
$ / sqft:
$358
low | high
Med:
$358
50% of Average
On site:
81
low | high
Med:
81
100% of Average
Sourced by Back At You

Market Activity 32607

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 Listings courtesy of Stellar MLS as distributed by MLS GRID.Based on information submitted to the MLS GRID as of September 13, 2026 at 8:41:41 AM PDT All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. The Digital Millennium Copyright Act of 1998, 17 U.S.C. § 512 (the “DMCA”) provides recourse for copyright owners who believe that material appearing on the Internet infringes their rights under U.S. copyright law. If you believe in good faith that any content or material made available in connection with our website or services infringes your copyright, you (or your agent) may send us a notice requesting that the content or material be removed, or access to it blocked. Notices must be sent in writing by email to DMCAnotice@MLSGrid.com. “The DMCA requires that your notice of alleged copyright infringement include the following information: (1) description of the copyrighted work that is the subject of claimed infringement; (2) description of the alleged infringing content and information sufficient to permit us to locate the content; (3) contact information for you, including your address, telephone number and email address; (4) a statement by you that you have a good faith belief that the content in the manner complained of is not authorized by the copyright owner, or its agent, or by the operation of any law; (5) a statement by you, signed under penalty of perjury, that the information in the notification is accurate and that you have the authority to enforce the copyrights that are claimed to be infringed; and (6) a physical or electronic signature of the copyright owner or a person authorized to act on the copyright owner’s behalf. Failure to include all of the above information may result in the delay of the processing of your complaint.

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Learn More About This Property

StateFL
CountyAlachua
CityGAINESVILLE
Zip Code32607
Area32607 Gainesville
Community NameCEDAR RIDGE VILLAS
Listing VS Median (in CEDAR RIDGE VILLAS)
Price:
$2,200,000
low | high
Med:
$2,200,000
50% of Average
sqft:
6,148
low | high
Med:
6,148
50% of Average
$ / sqft:
$358
low | high
Med:
$358
50% of Average
On site:
81
low | high
Med:
81
100% of Average
Sourced by Back At You
Nearby Listings (Within 1/10 mile)
Price: $1.65M - $2.75M
sqft: 4,500 - 7,500
Nearby Listings Property ImageNearby Listings Details
422 SW 69TH ST Property Photo 1
$2,200,000
422 Sw 69th St
Gainesville, FL 32607
Listing Updated: August 20, 2026 at 3:06:53 PM PDT