1618 NW 4TH AVENUE Gainesville, FL $ 749,000
1618 NW 4TH AVENUE
$ 749,000
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1618 NW 4TH AVENUE

Gainesville, FL, 32603
$ 749,000
Bedrooms4 Baths3.0 Sq 1,616

Monthly Estimate*

$ 4,673

1618 NW 4TH AVENUE, Gainesville, FL 32603 - Image 1
1618 NW 4TH AVENUE, Gainesville, FL 32603 - Image 2
1618 NW 4TH AVENUE, Gainesville, FL 32603 - Image 3
1618 NW 4TH AVENUE, Gainesville, FL 32603 - Image 4
1618 NW 4TH AVENUE, Gainesville, FL 32603 - Image 5
1618 NW 4TH AVENUE, Gainesville, FL 32603 - Image 6
1618 NW 4TH AVENUE, Gainesville, FL 32603 - Image 7
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Multi-Family Home for sale in Gainesville, FL

for $749,000 with 4 bedrooms and 3 full baths. This 1,616 square foot home was built in 1949 on a lot size of 0.29.

Zoned Multi-Family High Density (U-5), this site offers a rare infill development opportunity with direct access off University Avenue between NW 15th Street and NW 17th Street. The site currently operates as a fully leased triplex, providing immediate in-place cash flow while an investor evaluates redevelopment or densification options. The configuration of the parcel provides potential for a clean lot split, offering flexibility for phased construction or multiple development outcomes. Located just four blocks from the University of Florida’s main campus—and only minutes from Ben Hill Griffin Stadium—this location sits at the core of student demand and walkability. The land is level, functional, and ready for new construction, making it ideally suited for high-density multifamily or student housing expansion. Seller has a strong preference for owner financing, creating an attractive structure for investors seeking flexible terms and reduced upfront capital requirements. Exceptional development potential this close to campus is increasingly scarce, and opportunities like this rarely reach the market.

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Multi-Family Active

Price

$ 749,000

Bedrooms

4

Full Bath

3

Property Type

Multi-Family

Taxes

$ 9,416

Style

Triplex

Lot Size

0.29

Year Built

1949

Town/City

Gainesville

County/Region

Alachua

MLS | Web ID

GC535993

Features
Interior
Interior Amenities ceiling fan(s)
Air Conditioning Y/N yes
Heating Y/N yes
Fireplace Y/N no
Laundry Features outside
Total Bedrooms 4
Total Baths 3
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General
Sewer septic tank
Heating other
Cooling other
Utilities public
Roof shingle
Zoning rmu
Construction Materials block
Year Built 1949
Property Subtype triplex
Tax Year 2025
Ownership fee simple
County alachua
New Construction no
Property Type residential income
HOA N
Subdivision Name n/a
Garage Y/N no
Status active
Directions from university ave turn onto nw 17th street to nw 4th ave.
City gainesville
Senior Community Y/N no
Number Of Units Total 3
MLS Area 32603 - gainesville
Lot Size Units square feet
Lot Size Square Feet 12632
Carport Y/N no
Listing Terms owner may carry
Land Lease Y/N no
Tax Annual Amount 9416.32
Additional Parcels Y/N no
Lease Considered Y/N yes
Virtual Tour https://www.propertypanorama.com/instaview/stellar/gc535993
Building Area Units square feet
Living Area Units square feet
Standard Status active
Tax Lot 55
Legal Description leonard s/d lot 55 pb a-44 com sw cor lot 4 e 208.3 ft pob n 138.4 ft e 92.43 ft s 138.4 ft w 92.43 ft pob or 3168/ 0204 & or 4236/0680
Minimum Lease no minimum
Water Access Y/N no
Water View Y/N no
Flood Zone Code x
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Exterior
Exterior Amenities other
Water Source public
Lot Size Area 12632
Foundation Details pillar/post/pier
Number of Buildings 1
Lot Size Acres 0.29
Road Surface Type asphalt
Private Pool no
Waterfront Y/N no
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Internal Only
Street Number 1 1618
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* Excluded Features
List By
Maison

Broker

ben@maisonfla.com

Email

Affordability Calculator

$5,457
Per Month
86%
14%
0%
Monthly Principal & Interest
$4,673
Monthly Property Taxes
$785
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
12/12/2025$749,000 Listed Price

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1618 NW 4TH AVENUE, Gainesville, FL, 32603 is a Multi-Family Home for sale at $749,000 with 1,616 sqft and a lot size of 0.29. 1618 NW 4TH AVENUE has 4 bedrooms, 3.0 baths, and was built in 1949. The property's zip code is 32603 which is in Gainesville, FL