232 NW 4TH AVENUE Gainesville, FL $ 395,000
232 NW 4TH AVENUE
$ 395,000
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232 NW 4TH AVENUE

Gainesville, FL, 32601
$ 395,000
Bedrooms3 Baths2.0 Sq 1,475

Monthly Estimate*

$ 2,432

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Multi-Family Home for sale in Gainesville, FL

for $395,000 with 3 bedrooms and 2 full baths. This 1,475 square foot home was built in 1930 on a lot size of 0.1.

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!

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Multi-Family Active

Price

$ 395,000

Bedrooms

3

Full Bath

2

Property Type

Multi-Family

Taxes

$ 5,205

Style

Duplex

Lot Size

0.1

Year Built

1930

Town/City

Gainesville

County/Region

Alachua

MLS | Web ID

GC537249

Features
General
Sewer Public Sewer
Heating Wall Units / Window Unit
Cooling Wall/Window Unit(s)
Utilities BB/HS Internet Available Cable Available Electricity Connected Public Sewer Connected Water Connected
Roof Shingle
Zoning RC
Construction Materials HardiPlank Type Wood Frame
Year Built 1930
Property Subtype Duplex
Tax Year 2025
Ownership Fee Simple
Gross Income 33600
County Alachua
New Construction false
Property Type Residential Income
Subdivision Name BRUSH ADD TO GVILLE
Garage Y/N false
Status Active
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
City GAINESVILLE
Senior Community Y/N false
Number Of Units Total 2
MLS Area 32601 - Gainesville
Lot Size Units Square Feet
Lot Size Square Feet 4486
Carport Y/N false
Listing Terms Cash Conventional
Land Lease Y/N false
Tax Annual Amount 5205.83
Ok to Lease 12 Months
Additional Parcels Y/N false
Virtual Tour https://www.propertypanorama.com/instaview/stellar/GC537249
Building Area Units Square Feet
Living Area Units Square Feet
Standard Status Active
Occupancy Type Tenant
Tax Lot 6
Total Actual Rent 2800
Legal Description EAST 40.00 (D) 40.01'(M) OF LOT B BLOCK 16 BRUSH'S ADDITION
Water Access Y/N false
Water View Y/N false
Flood Zone Code X
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Interior
Interior Amenities Ceiling Fan(s) Primary Bedroom Main Floor
Air Conditioning Y/N true
Heating Y/N true
Fireplace Y/N false
Laundry Features Inside
Total Bedrooms 3
Total Baths 2
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Exterior
Exterior Amenities Awning(s) Fenced Lighting
Water Source Public
Lot Size Area 4486
Foundation Details Crawlspace
Number of Buildings 1
Building Area Total 1723
Lot Size Acres 0.1
Road Surface Type Asphalt Paved
Private Pool false
Waterfront Y/N false
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* Excluded Features
List By
Keller Williams Gainesville Realty Partners

Broker

soldbyzo@estrellasrealestate.com

Email

Affordability Calculator

$2,866
Per Month
85%
15%
0%
Monthly Principal & Interest
$2,432
Monthly Property Taxes
$434
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% 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
4827338 Elementary School
4827337 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
2/5/2026$395,000 Listed Price

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232 NW 4TH AVENUE, Gainesville, FL, 32601 is a Multi-Family Home for sale at $395,000 with 1,475 sqft and a lot size of 0.1. 232 NW 4TH AVENUE has 3 bedrooms, 2.0 baths, and was built in 1930. The property's zip code is 32601 which is in Gainesville, FL