1450 E GIBSON STREET, ARCADIA, DeSoto, FL, 34266, Residential Income, 56, 38, 4235a8ed7cf9d74ffa3f8fa94d742802, C7518538,1450, GIBSON

$4,500,000

Overview

Property ID: C7518538

Multi Family (5+)
Property Type

56
Bedrooms

24987 Square Feet
Area Size

1983
Year Built

Description

Welcome to Gibson Street Apartments, a 34-unit multifamily community located at 1450 East Gibson Street. This income-producing property features 7 solid block buildings, each built on slab foundations and recently updated with new roofs. Most units have been renovated, and every unit includes a refrigerator, microwave, and stove. All utilities are individually metered, including electric and water, and the property is connected to city water and sewer. A common-area laundry room is located on-site, though it is not currently in active use. This is a well-positioned opportunity for investors seeking stable income with strong value-add by activating the laundry room and upgrading the remaining classic units. The location offers strong rental appeal with key amenities just minutes away. Within one mile, you’ll find DeSoto County Hospital, DeSoto County High School, and the South Florida State College campus, making this an ideal setting for long-term tenants, students, and local workforce housing.

Address

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Address: GIBSON
City: ARCADIA
State/county: DeSoto
Zip/Postal Code: 34266
Area: GILCHRISTS EAST END ADD

Details

Updated on June 10, 2026 at 6:03 pm

Property ID C7518538
Price $4,500,000
Property Size 24987 Square Feet
Land Area 3.35 Acres
Bedrooms 56
Year Built 1983
Property Type Multi Family (5+)
Property Status Residential Income

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