6816 4TH PLACE
GAINESVILLE, FL 32607
About this home
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.
Facts & features
Interior
- Living area
- 6,148 sqft
- Heating
- Central
- Cooling
- Central Air
- Flooring
- Laminate, Tile, Vinyl
- Stories
- 2
- Appliances
- Dishwasher, Dryer, Refrigerator, Washer
Exterior & lot
- Lot size
- 15,246 sqft (0.35 ac)
- Roof
- Shingle
- Construction
- Block
Financial
- Annual tax
- $9,980 (2025)
- Price / sqft
- $358/sqft
Utilities
- Water
- Public
- Sewer
- Public Sewer
- Utilities
- BB/HS Internet Capable, Electricity Available, Public, Water Connected
Property
- Property type
- Single Family
- Year built
- 1983
- Subdivision
- CEDAR RIDGE VILLAS
- County
- Alachua
Listing
- Status
- Active
- Days on market
- 5 days
- MLS #
- MFR794374008
- Source
- Stellar MLS
Listed by Reuben Simmonds, Jr · BLAIR REALTY GROUP INC
Listing data provided by Stellar MLS. Information deemed reliable but not guaranteed.
Sample estimate — not an appraisal
Based on 18 comparable sales within 4 miles of GAINESVILLE, FL. priced over RENA ValiQ.
Reference only. Estimates blend public sale comps, neighbourhood trend and the listing’s own metrics. Final price moves on diligence, terms and timing — RENA is your second read, not your agent.
Estimate your monthly cost
PITI + HOA- Principal & interest
- $11,709/mo
- Property tax
- $1,650/mo
- Home insurance
- $200/mo
Tax, insurance and HOA are editable estimates with Florida-typical defaults — Florida homeowners insurance in particular varies widely by location and elevation. Confirm exact figures with a lender and insurer.
Ask about this property
Answered from this listing’s own figures and the sales around it.
Price historySample data
Reference timeline for $2,200,000. Live MLS history swaps in with the Stellar feed.
| Date | Event | Price | Change |
|---|---|---|---|
| 2026-08 | Listing updated | $2,200,000 | — |
| 2026-04 | Price changed | $2,200,000 | −$44,000 |
| 2026-02 | Listed | $2,244,000 | — |
NeighbourhoodSample data
Reference scores for GAINESVILLE, FL. Schools, mobility and amenities feed live data once the dedicated provider connection lands.
Location
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