Property Description
You must see this investment opportunity just steps from the heart of Downtown Gainesville! Located at 232 NW 4th Ave, this income-producing property is a 2/1 single family home with a 1/1 attached unit (functioning as a duplex) and offers tremendous potential for renovation, rental income, or redevelopment. Each unit offers unique outdoor spaces: the front unit boasts a welcoming open front porch with swing, while the back unit enjoys its own fenced area and a cozy back porch. It is tenant occupied through end of July 2026. The unbeatable downtown location, flexible zoning, and strong rental demand make this an outstanding investment option. Opportunities like this in the Gainesville downtown core are rare - schedule your showing today!
Property Features
Property Type: Multi Unit - Multiple
Cooling: Wall/Window Unit(s)
Heating: Ductless
Lot Size: 0.10 Acres
Roof Type: Shingle
Taxes: $5,205
Year Built: 1930
Square Feet: 1,475
Amenities
Ceiling Fans(s)
Primary Bedroom Main Floor
Awning(s)
Fence
Lighting
Feature Descriptions
Annual Net Income: 20510.00
Days on Site: 68
Directions: From Main St traveloing south, take a right traveling west on 4th Ave. Property is on the right. Park on left side of road in designated area
Exterior: HardiPlank Type, Frame
Flood Zone Code: X
Foundation: Crawlspace
Home Warranty Y/N: No
Lease Terms: Twelve Months
Listing Terms: Cash, Conventional
Lot Dimensions: 0.1
Ownership: Fee Simple
Property Attached Y/N: No
Property Sub-Type: Duplex
Sewer: Public Sewer
Showing Instructions: 24 Hour Notice, Appointment Only, ShowingTime
Special Sale Provisions: None
Units: 2
Utilities: BB/HS Internet Available, Cable Available, Electricity Connected, Public, Sewer Connected, Water Connected
Water: Public
Water Access Y/N: No
Zoning: RC
Listed By / Shown By
Listed By
Agency Name: KELLER WILLIAMS GAINESVILLE REALTY PARTNERS
Agency Contact: 352-240-0600
Shown By
Agent Name: Jennifer Stanley
Agent Phone: (904) 715-0607
Agency Title: Watson Realty Corp., REALTORS ®
Estimate Your Payment
Estimated Payment
$ 2,305.62 per month $1,769.79 Principal & Interest $433.75 Property Tax $102.08 Homeowner's InsuranceChange Payment Information
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232 NW 4th Avenue | MLS# GC537249
This multi-family property located at 232 NW 4th Avenue, Gainesville, FL 32601 is currently listed for sale with an asking price of $350,000. Search Gainesville real estate on jstanley.watsonrealtycorp.com today.