Skip main navigation
Sold for $1,720,000 on 07/01/25
  • $1,720,000

    6816 SW 4th Pl, Gainesville, FL 32607

    --beds
    0baths
    12,296sqft
    Multi Family
    Built in 1983
    -- sqft lot
    $1,720,100 Zestimate®
    $140/sqft
    $-- Estimated rent

    What's special

    Explore your income-generating properties situated in the heart of Gainesville! These two exclusive apartment buildings feature a total of sixteen units, offering a rare opportunity for complete control without any HOA fees. The units comprise 8 two-bedroom/one-bathroom layouts and 8 one-bedroom/ one-bathroom layouts.Recent partial renovations, excluding two units, include updates to floors, paint, baseboards, toilets, and other cosmetic enhancements. Half of the AC units are less than 6 years old, with the remainder older. Strategically positioned, the property is just minutes away from shopping and dining, conveniently located off SR75 South to Orlando and North to Tallahassee, 8 minutes from North Florida Hospital and approximately 45 minutes from the University of Florida, providing unmatched convenience and access to the city's vibrant amenities.Despite its prime location, current leases are below market value, offering a promising opportunity to increase returns. Fully occupied with tenants including Section 8, VA, and open market renters, these units present an attractive option for investors seeking stable cash flow. Updated interiors ensure tenant satisfaction and minimal upkeep, allowing for seamless portfolio growth.Don't miss this outstanding chance to own sixteen income-producing properties. Take control of your financial future with this profitable investment opportunity. Schedule a viewing today and discover effortless property ownership at its finest!

    Zillow last checked: 7 hours ago

    Listing updated: July 02, 2025 at 06:06pm

    Listing Provided by:

    Moshe Sheffi 321-945-2367,

    HPL REALTY INVESTMENTS 407-601-6057

    Bought with:

    Reuben Simmonds, Jr, 680620

    BLAIR REALTY GROUP INC

    Source: Stellar MLS,MLS#: O6274431MLS LogoOriginating MLS: Orlando Regional

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bathrooms: 0
    Heating
    • Electric
    Cooling
    • Central Air
    Appliances
    • Included: Dishwasher, Dryer, Electric Water Heater, Range, Refrigerator, Washer
    • Laundry: Laundry Closet
    Features
    • Ceiling Fan(s)
    • Has fireplace: No
    Interior area
    • Total interior livable area: 12,296 sqft

    Property

    Features
    • Exterior features: Other
    Lot
    • Size: 0.35 Acres
    Details
    • Additional parcels included: 06655-070-009
    • Parcel number: 06655070005
    • Zoning: R-3
    • Special conditions: None

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Multi Family
    Materials
    • Block, Concrete
    • Foundation: Slab
    • Roof: Shingle
    Condition
    • New construction: No
    • Year built: 1983

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public
    • Utilities for property: Public

    Community & neighborhood

    Location
    • Region: Gainesville
    • Subdivision: CEDAR RIDGE VILLAS

    HOA & financial

    HOA
    • Has HOA: No
    Other fees
    • Pet fee: $0 monthly
    Other financial information
    • Total actual rent: 17113

    Other

    Other facts
    • Ownership: Fee Simple
    • Road surface type: Asphalt
    Services availability
    Get pre-qualified for a loan
    At Zillow Home Loans, we can pre-qualify you in as little as 5 minutes with no impact to your credit score.

    An equal housing lender. NMLS #10287.

    Sell for more on Zillow

    Get a free Zillow Showcase℠ listing and you could sell for .

    $1,720,100
    2% more+ $34,402
    With Zillow Showcase(estimated)
    $1,754,502