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.
Property Details
Price:
$2,200,000
MLS #:
O6419367
Status:
Active
Beds:
0
Baths:
0
Type:
Commercial
Subtype:
Multi Family (5+)
Subdivision:
CEDAR RIDGE VILLAS
Neighborhood:
32607gainesville
Listed Date:
Jun 24, 2026
Finished Sq Ft:
6,148
Total Sq Ft:
6,770
Lot Size:
15,246 sqft / 0.35 acres (approx)
Year Built:
1983
See this Listing
Schools
Interior
Appliances
Dishwasher, Dryer, Refrigerator, Washer
Cooling
Central Air
Flooring
Laminate, Tile, Vinyl
Heating
Central
Levels
Two
Exterior
Construction Materials
Block
Lot Features
City Lot, Neighbourhood
Roof
Shingle
Security Features
Smoke Detector(s)
Financial
Tax Year
2025
Taxes
$9,980
Map
Community
- Address6816 SW 4TH PLACE GAINESVILLE FL
- SubdivisionCEDAR RIDGE VILLAS
- CityGAINESVILLE
- CountyAlachua
- Zip Code32607
Subdivisions in GAINESVILLE
Market Summary
Current real estate data for Commercial in GAINESVILLE as of Aug 29, 2026
54
Commercial Listed
371
Avg DOM
403
Avg $ / SqFt
$1,423,610
Avg List Price
Property Summary
- Located in the CEDAR RIDGE VILLAS subdivision, 6816 SW 4TH PLACE GAINESVILLE FL is a Commercial for sale in GAINESVILLE, FL, 32607. It is listed for $2,200,000 To schedule a showing of MLS#o6419367 at 6816 SW 4TH PLACE in GAINESVILLE, FL, contact your InvestPro Properties, Inc. agent at 561-203-7022.
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Courtesy of BLAIR REALTY GROUP INC. Disclaimer: All data relating to real estate for sale on this page comes from the Broker Reciprocity (BR) of the Orlando/Tampa – FL. Detailed information about real estate listings held by brokerage firms other than InvestPro Properties, Inc. include the name of the listing broker. Neither the listing company nor InvestPro Properties, Inc. shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The Broker providing this data believes it to be correct, but advises interested parties to confirm any item before relying on it in a purchase decision. Copyright 2026. Orlando/Tampa – FL. All rights reserved. 6816 SW 4TH PLACE
GAINESVILLE, FL