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!
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
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#: O6274431
Originating 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

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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