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18580 NW 234TH STREET

Commercial For Sale
$900,000

BTC: 14.24050633

ETH: 473.02695202

1 days
0 room(s)
5,248 sqft

Overview

Fully occupied and centrally located brick quadruplexes in the rapidly growing High Springs, FL market for sale. These quads feature a rare combination of location, condition, and stable occupancy. Very limited competing apartment inventory nearby. Both quads are being offered together at $900,000 ($450,000/quad). Located in High Springs, Florida — named the "Friendliest Small Town" by Floridian magazine and known as the "Gateway to the Springs" — this 8-unit portfolio offers the perfect blend of small-town charm and strong investment fundamentals. Situated just 20 miles northwest of Gainesville, High Springs has become a sought-after housing destination for all kinds of professionals, providing a deep, stable tenant pool. All 8 units are 1 bedroom/1 bathroom at 656 SF each, spread across two single-story brick buildings totaling 5,248 SF on 0.68 acres. Every unit is currently occupied with leases in place. In-place rents average $933/unit/month. Both buildings are professionally managed. Units are individually metered, tenants pay all utilities. Debt/Insurance quotes and financials available for review.

Location

Details

Type:
Commercial Sale
Parking:
No Data
Year Built:
1981
Lot:
0.68 Acres
Heating:
No Data
Price/sqft:
$171
Cooling:
Central Air
HOA:
No Data

Highlights

Annual tax
$10,837
2025
All facts and features
  • Flooring

    • Carpet

    • Tile

    Cooling

    • Central Air

  • Lot

    • Lot: 0.68 Acres

    Other Property Information

    • Parcel Number: 00567000000

    • Zoning: C2

  • Type and style

    • Property Type: Commercial Sale

    • Property Sub Type: Multi Family (5+)

  • Other financial information

    • Annual tax amount: $10,837

  • Source details

    • MLS ID: GC541996

    Other facts

    • Construction Materials: Brick

    • Foundation Details: Slab

    • Living Area: 5248

    • Lot Size Dimensions: 100 x 150

    • Subdivision Name: HIGH SPGS G E FOSTERS ADD FAIRMOUNT

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The multiple listing information is provided by the Stellar MLS from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2026-present Stellar MLS. All Rights Reserved. The information provided is for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. Listing courtesy of: THE MULTIFAMILY ADVISORS