About 6816 Sw 4th Place
Virtually Staged. One or more photo(s) was 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.
Features of 6816 Sw 4th Place
| MLS® # | O6419367 |
|---|---|
| Price | $2,200,000 |
| Square Footage | 6,148 |
| Acres | 0.35 |
| Year Built | 1983 |
| Type | Commercial Sale |
| Sub-Type | Multi Family (5+) |
| Status | Active |
Community Information
| Address | 6816 Sw 4th Place |
|---|---|
| Area | Gainesville |
| Subdivision | CEDAR RIDGE VILLAS |
| City | GAINESVILLE |
| County | Alachua |
| State | FL |
| Zip Code | 32607 |
Amenities
| Is Waterfront | No |
|---|---|
| Has Pool | No |
Interior
| Appliances | Dishwasher, Dryer, Refrigerator, Washer |
|---|---|
| Heating | Central |
| Cooling | Central Air |
| Fireplace | No |
| # of Stories | 2 |
Exterior
| Lot Description | City Lot, Neighbourhood |
|---|---|
| Roof | Shingle |
| Foundation | Slab |
Additional Information
| Date Listed | June 24th, 2026 |
|---|---|
| Days on Market | 73 |
| Zoning | R-3 |
| Foreclosure | No |
| Short Sale | No |
| RE / Bank Owned | No |
Listing Details
| Office | BLAIR REALTY GROUP INC |
|---|