$2.20M
6816 4th Place
Gainesville, FL 32607
Listing updated: June 24, 2026 at 2:33 PM ET
Listing courtesy of Blair Realty Group Inc · Reuben Simmonds, Jr · MLS #O6419367 · Active · 407-210-3944Property type
Year built
Building size
Lot size
Price / SF
Units
Zoning
Days on market
Investment & cash flow
Income includes: Rent Only
Figures provided by the listing broker — verify independently.
Lease terms
- Occupancy
- Tenant
About this property
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.
Virtual tour
Facts & features
- Property type
- Commercial Sale
- Sub type
- Multi-Family 5+
- Status
- Active
- Days on market
- 0
- Subdivision
- Cedar Ridge Villas
- County
- Alachua
- Year built
- 1983
- Building area
- 6,770 sq ft
- Price/sq ft
- $324.96
- Lot size
- 15,246 sq ft
- Units
- 8
- Buildings
- 1
- Stories
- 2
- Electric meters
- 8
- Road frontage
- City Street
- Annual taxes
- $10K (2025)
- Parcel #
- 06655-070-005
- Zoning
- R-3
- MLS #
- O6419367
Utilities
- Utilities
- BB/HS Internet Capable, Electricity Available, Public, Water Connected
- Water source
- Public
- Sewer
- Public Sewer
Listing details
- Listing date
- 2026-06-24
- On market date
- 2026-06-24
- MLS area
- 32607 - Gainesville
- Status changed
- 2026-06-24
- Tax legal description
- CEDAR RIDGE VILLAS PB M-19 LOT 5 OR 5221/2911
Location
Directions
From Archer Rd & I-75, go north on I-75 to Newberry Rd, go left onto Newberry, go left on NW 75th Ave, take a left on SW 8th Ave, take a left on SW 67th Terrance, take a left on SW 4th Pl, 3rd building on the right. Leave the parking lot, go right, turn left on SW 69th St, 2nd building on right is 422 SW 69th St
Listings courtesy of Stellar MLS as distributed by MLS GRID
IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Based on information submitted to the MLS GRID as of June 24, 2026 at 2:33 PM ET. 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.
Ryan Solberg, Licensed Real Estate Broker · MaxLife Realty, LLC · FL Lic. #BK3354351 · Equal Housing Opportunity · Terms · DMCA