1035 NE 3RD AVENUE Gainesville, FL $ 364,900
1035 NE 3RD AVENUE
$ 364,900
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1035 NE 3RD AVENUE

Gainesville, FL, 32601
$ 364,900
Bedrooms4 Baths3.0 Sq 1,958

Monthly Estimate*

$ 2,277

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Multi-Family Home for sale in Gainesville, FL

for $364,900 with 4 bedrooms and 3 full baths. This 1,958 square foot home was built in 1938 on a lot size of 0.23.

$10,000 buyer incentive! Home & Guest house! Great investment opportunity near the Duckpond area, University of Florida and hospitals. Take a look at this 3 bedroom 2 bath 1408 sf home with a 1 bedroom1 bath 550sf detached ADU (Accessory Dwelling Unit). The main home is loaded with vintage character from the original wood floors to the craftsman style doors and trim. The kitchen has been updated with granite counter tops, wood cabinetry and recent appliances. Both bathrooms have updated showers and vanities. There is one bedroom and bath on the main floor and two bedrooms and one bath upstairs. There is a large rear enclosed patio and laundry area. For outdoor living there is a large deck facing the privacy fenced back yard. Large corner .23 acre lot with plenty of parking. The ADU has its own separate covered entrance, parking pad, 1 bedroom, 1 bath, tile floors throughout, great room with beams, dining area with solarium, laundry closet, rear deck, full kitchenette with refrigerator, stove, cabinets and sink. The main home and ADU are both currently rented. ADU was used as a short term rental in the past and did very well. More pictures coming soon. Some pictures depict the ADU when it was vacant. Main home, 3BR 2 BA is rented at $1,750 until January 2026 and 1 BR 1 BA ADU is rented until 6/30/2025 @ $1,100 per month.

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Multi-Family Active

Price

$ 364,900

Bedrooms

4

Full Bath

3

Property Type

Multi-Family

Taxes

$ 4,181

Style

Duplex

Lot Size

0.23

Year Built

1938

Town/City

Gainesville

County/Region

Alachua

MLS | Web ID

GC529845

Features
Interior
Interior Amenities ceiling fan(s) high ceilings living room/dining room combo open floorplan primarybedroom upstairs solid surface counters solid wood cabinets thermostat
Flooring tile hardwood
Air Conditioning Y/N yes
Heating Y/N yes
Fireplace Y/N no
Laundry Features electric dryer hookup inside laundry closet washer hookup
Total Bedrooms 4
Total Baths 3
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General
Sewer public sewer
Heating central electric
Cooling central air
Utilities cable available electricity available electricity connected public sewer available sewer connected water available water connected
Possession close of escrow
Roof metal
Appliances dishwasher dryer electric water heater range range hood refrigerator washer
Zoning rmf7
Patio/Porch Features deck
Construction Materials hardiplank type other wood siding
Pets Allowed yes
Year Built 1938
Tenant Pays electricity gas sewer water
Levels two
Property Subtype duplex
Tax Year 2024
Ownership fee simple
Gross Income 34200
County alachua
New Construction no
Property Type residential income
HOA N
Subdivision Name doig & robertsons addn-w r thomas
Garage Y/N no
Other Structures guest house
Status active
Directions corner of ne 3rd ave and ne 11th street
City gainesville
Senior Community Y/N no
Number Of Units Total 2
MLS Area 32601 - gainesville
Lot Size Units square feet
Lot Size Square Feet 10019
Carport Y/N no
Listing Terms cash conventional fha
Land Lease Y/N no
Tax Annual Amount 4181.35
Property Condition completed
Ok to Lease 12 months
Additional Parcels Y/N no
Lease Considered Y/N yes
Virtual Tour https://www.propertypanorama.com/instaview/stellar/gc529845
Building Area Units square feet
Living Area Units square feet
Standard Status active
Occupancy Type tenant
Tax Lot 21
Total Actual Rent 2850
Legal Description doig/robertson add db n-486 thomas s/d bk 4 rg 2 pb a-85 n 100 ft of lots 21 22 or 4307/1736
Minimum Lease no minimum
Water Access Y/N no
Additional Rooms inside utility
Water View Y/N no
Flood Zone Code x
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Exterior
Exterior Amenities rain gutters storage
Parking Features other parking pad
Lot Features corner lot city lot level sidewalk
Water Source public
Lot Size Area 10019
Foundation Details crawlspace
Number of Buildings 2
Building Area Total 2163
Lot Size Acres 0.23
Road Surface Type paved asphalt
Private Pool no
Waterfront Y/N no
Road Frontage Type street paved
Road Responsibility public maintained road
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Internal Only
Street Number 1 1035
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* Excluded Features
List By
Watson Realty Corp

Broker

jonathancolon@watsonrealtycorp.com

Email

Affordability Calculator

$2,625
Per Month
87%
13%
0%
Monthly Principal & Interest
$2,277
Monthly Property Taxes
$348
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
266288 Elementary School
265661 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
6/28/2025$364,900 -2.67% Price Down
5/9/2025$374,900 Listed Price

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1035 NE 3RD AVENUE, Gainesville, FL, 32601 is a Multi-Family Home for sale at $364,900 with 1,958 sqft and a lot size of 0.23. 1035 NE 3RD AVENUE has 4 bedrooms, 3.0 baths, and was built in 1938. The property's zip code is 32601 which is in Gainesville, FL