6816 SW 4TH PLACE, GAINESVILLE, FL 32607 | MLS #MFRO6419367 | Berkshire Hathaway HomeServices Florida Network Realty
Maria Wilkes

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Listing provided courtesy of BLAIR REALTY GROUP INCas Distributed by MLSGrid- MLS# MFRO6419367MLS Provider

6816 SW 4TH PLACEGAINESVILLE, FL 32607

Commercial · 6,148 Sq. ft. | 0.35 Acres
$2,200,000 Active

6816 SW 4TH PLACE Overview

Time on Site:
6 days
Visits:
0

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.

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6816 SW 4TH PLACE Facts & Features

  • Type Commercial
  • Sq. ft. 6,148
  • Price/Sq.ft. $358
  • Lot 0.35 Acres

Details

General

Income/Expenses

  • Net Operating Income: 194362

Building Information

  • New Construction: No
  • Year Built: 1983

Location/Region

  • Country: US
  • County Or Parish: Alachua
  • MLS Area Major: 32607 - Gainesville
  • Subdivision Name: CEDAR RIDGE VILLAS
  • Township: 10

Tax Information

  • Tax Annual Amount: 9979.91
  • Tax Year: 2025

General Information

  • Listing Terms: Cash,Commercial Financing
  • Ownership: Fee Simple
  • Parcel Number: 06655-070-005
  • Property Condition: Completed
  • Property Sub Type: Multi-Family 5+
  • Property Type: Commercial Sale
  • Special Listing Conditions: None
  • Zoning: R-3

Interior

Beds/Baths

  • Bathrooms Total: 0

Building Interior

  • Building Area Source: Public Records
  • Building Area Total: 6770
  • Building Area Units: Square Feet

General Information

  • Appliances: Dishwasher,Dryer,Refrigerator,Washer
  • Cooling: Central Air
  • Flooring: Laminate,Tile,Vinyl
  • Foundation Details: Slab
  • Heating: Central
  • Levels: Two
  • Living Area: 6148
  • Living Area Source: Public Records
  • Living Area Units: Square Feet
  • Security Features: Smoke Detector(s)
  • Stories Total: 2

Exterior

Lot Information

  • Additional Parcels: No
  • Lot Features: City Limits,Neighbourhood,Paved
  • Lot Size Acres: 0.35
  • Lot Size Square Feet: 15246
  • Road Responsibility: Public Maintained Road
  • Road Surface Type: Paved
  • Vegetation: Trees/Landscaped
  • Water Source: Public

Waterfront/View

  • Waterfront: No

Building Exterior/Construction

  • Construction Materials: Block
  • Roof: Shingle

General Information

  • Number Of Units Total: 8
  • Road Frontage Type: City Street
  • Sewer: Public Sewer
  • Utilities: BB/HS Internet Capable,Electricity Available,Public,Water Connected

6816 SW 4TH PLACE Neighborhood

Community

32607 (GAINESVILLE) Demographics

26
Median Age
2,527
Population Density (per sq. mile)
60%
College Educated
$41,656
Estimated Median Income
4,145
Estimated Total Home Owners
8,091
Estimated Total Renters
34% / 66%
Estimated Owner / Renter Divide
2
Estimated Average Household Size
Community data courtesy of LiveBy, Inc.

Schools

School data unavailable, School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.

6816 SW 4TH PLACE Monthly Cost

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Dylan Leitman
* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

6816 SW 4TH PLACE Market Data

Based on the last 30 days in this zip code

$393,930
Average List Price
$227
Average Price per Square Foot
35
Properties Sold
104
Average Days on Market
157
Properties for Sale
Calculations provided by Reliance Network

6816 SW 4TH PLACE History

Date Event Value Agent
6/24/2026Source: My Florida Regional MLS Added to Database
June 24, 2026
7/31/2025Source: My Florida Regional MLS Status Change
Sold
3/29/2025Source: My Florida Regional MLS Status Change
Pending
2/13/2025Source: My Florida Regional MLS Status Change
Active
2/6/2025Source: My Florida Regional MLS Status Change
Pending
2/2/2025Source: My Florida Regional MLS Status Change
Active
1/28/2025Source: My Florida Regional MLS Status Change
Pending
1/23/2025Source: My Florida Regional MLS Added to Database
January 23, 2025