One or more photo(s) has been virtually staged. Prime Investment Opportunity. This updated duplex offers a solid investment with a proven rental history. This concrete block property encompasses 1,500 sq.ft. of total living space with two units each having 2 bedrooms and 1 bathroom. Located less than 0.5 mile to the University of Florida campus (8 min. walk), and just minutes to midtown and downtown, the property boasts a highly desirable location. The downstairs unit features tile flooring and in 2023, underwent rewiring and received a new mini-split system, enhancing energy efficiency and comfort (currently leased through July 31, 2025). Both kitchens have been updated with new cabinets, stainless appliances and granite countertops, blending modern convenience with classic appeal. Parking available for one vehicle each unit along with off-street parking, and the property includes essential appliances such as a range/ovens, refrigerators and microwaves with onsite laundry. The downstairs unit has tile flooring and the upstairs has heart pine floors. Upstairs leased through July 31, 2026. Offered in as-is condition, this duplex presents a turnkey investment in a prime Gainesville location. Perfect set up to live in one unit and rent the other, save $ on dorm and apartment fees. Reach out today to schedule a showing.
Property Details
Price:
$399,000
MLS #:
GC529541
Status:
Active
Beds:
4
Baths:
2
Address:
1016 NW 4TH AVENUE
Type:
Multi Family
Subtype:
Duplex
Subdivision:
BROWNS ADD -HICKSON REP
Neighborhood:
32601 – Gainesville
City:
GAINESVILLE
Listed Date:
Apr 14, 2025
State:
FL
Finished Sq Ft:
1,844
Total Sq Ft:
1,844
ZIP:
32601
Lot Size:
5,227 sqft / 0.12 acres (approx)
Year Built:
1947
Units:
2
See this Listing
I have been selling real estate for over 23 years from New York to Florida. My main service areas include Celebration, Marco Island, Miami, Naples, Orlando, Sarasota, Tampa, Windermere. We can help you buy or sell real estate anywhere in the State of Florida. Looking for Golf Course Homes For Sale, Luxury Estates, Beachfront Condos, Gated Communities, Fine Homes and Estates, we cover it all.
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Schools
Elementary School:
Carolyn Beatrice Parker Elementary
Middle School:
Westwood Middle School-AL
High School:
Gainesville High School-AL
Interior
Appliances
Microwave, Range, Refrigerator
Cooling
Mini- Split Unit(s), Wall/ Window Unit(s)
Flooring
Tile, Hardwood
Heating
Space Heater, Wall Units / Window Unit
Laundry Features
Common Area, Outside
Exterior
Construction Materials
Asbestos, Concrete
Exterior Features
Outbuilding
Other Structures
Outbuilding, Shed(s)
Parking Features
Off Street, Parking Pad
Roof
Shingle
Financial
Tax Year
2024
Taxes
$4,106
Map
Community
- Address1016 NW 4TH AVENUE GAINESVILLE FL
- SubdivisionBROWNS ADD -HICKSON REP
- CityGAINESVILLE
- CountyAlachua
- Zip Code32601
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1016 NW 4TH AVENUE
GAINESVILLE, FL
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