Renovated and cash-flowing brick quadruplex for sale with stellar occupancy history! All units are 2BD/1.5BA townhome style with open layouts and 975+/- sqft of living space. Unit A – $1,200, Unit B – $1,258, Unit C – Vacant for tours (previously $1,300), Unit D – $1,170. Completely remodeled kitchens and bathrooms, new fixtures, vinyl plank/tile flooring, private deck areas for both bedrooms, and private fenced backyard areas. Tenants pay all utilities, no HOA. 2025 asphalt shingle roof, 3 HVACs are less than 4 years old. Electric is copper wire with cutler hammer and square D breakers. Main plumbing drains are PVC. Plumbing supply lines are mainly copper with a few instances of CPVC in good condition with operable shutoff valves. Located at the front of the Cedar Ridge subdivision of Gainesville, FL; within 5 miles of the Oaks Mall, University of Florida, HCA North Florida Hospital, as well as several shopping centers & other amenities. This quad is being offered for sale along with 2 additional quadruplexes (1 directly adjacent) and duplex in the same subdivision (723 SW 69th St, 712 SW 70th Ter, and 714 SW 69th St). Buildings can be purchased individually or as portfolio. Marketing package linked with information on all buildings. If you’re looking for a renovated, stabilized, and cash-flowing investment this is your opportunity! Call today to schedule a tour!
Property Details
Price:
$440,000
MLS #:
GC542159
Status:
Pending
Beds:
8
Baths:
8
Type:
Multi Family
Subtype:
Quadruplex
Subdivision:
CEDAR RIDGE
Neighborhood:
32607gainesville
Listed Date:
Jul 23, 2026
Finished Sq Ft:
3,902
Lot Size:
10,890 sqft / 0.25 acres (approx)
Year Built:
1981
See this Listing
Schools
Interior
Cooling
Central Air
Heating
Central
Interior Features
Other
Laundry Features
Electric Dryer Hookup, Washer Hookup
Exterior
Construction Materials
Block
Exterior Features
Other
Roof
Shingle
Financial
Tax Year
2025
Taxes
$8,883
Map
Community
- Address724 SW 68TH TERRACE GAINESVILLE FL
- SubdivisionCEDAR RIDGE
- CityGAINESVILLE
- CountyAlachua
- Zip Code32607
Subdivisions in GAINESVILLE
Market Summary
Current real estate data for Multi Family in GAINESVILLE as of Aug 29, 2026
21
Multi Family Listed
85
Avg DOM
198
Avg $ / SqFt
$515,495
Avg List Price
Property Summary
- Located in the CEDAR RIDGE subdivision, 724 SW 68TH TERRACE GAINESVILLE FL is a Multi Family for sale in GAINESVILLE, FL, 32607. It is listed for $440,000 To schedule a showing of MLS#gc542159 at 724 SW 68TH TERRACE in GAINESVILLE, FL, contact your InvestPro Properties, Inc. agent at 561-203-7022.
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Courtesy of THE MULTIFAMILY ADVISORS. 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. 724 SW 68TH TERRACE
GAINESVILLE, FL
