Under contract-accepting backup offers. 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.
Pending
$399,000
1016 NW 4th Ave, Gainesville, FL 32601
2beds
1baths
1,508sqft
Est.:
Duplex, Multi Family
Built in 1947
-- sqft lot
$390,700 Zestimate®
$265/sqft
$-- HOA
What's special
Granite countertopsOff-street parkingNew mini-split systemOnsite laundryTile flooringNew cabinetsStainless appliances
- 12 days
- on Zillow |
- 445 |
- 34 |
Zillow last checked: 7 hours ago
Listing updated: April 19, 2025 at 08:04am
Listing Provided by:
Jenny Highlander 352-514-6793,
RE/MAX PROFESSIONALS 352-375-1002
Source: Stellar MLS,MLS#: GC529541
Originating MLS: Gainesville-Alachua


Travel times
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 1
Heating
- Space Heater, Wall Units / Window Unit
Cooling
- Ductless, Wall/Window Unit(s)
Appliances
- Included: Microwave, Range, Refrigerator
- Laundry: Common Area, Outside
Features
- Solid Surface Counters
- Flooring: Tile, Hardwood
- Has fireplace: No
Interior area
- Total structure area: 1,844
- Total interior livable area: 1,508 sqft
Video & virtual tour
Property
Parking
- Parking features: Off Street, Parking Pad
- Has uncovered spaces: Yes
Features
- Levels: Two
- Stories: 2
Lot
- Size: 5,227 Square Feet
Details
- Additional structures: Outbuilding, Shed(s)
- Parcel number: 13935000000
- Zoning: RMF5
- Special conditions: None
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Duplex, Multi Family
Materials
- Asbestos, Concrete
- Foundation: Concrete Perimeter
- Roof: Shingle
Condition
- New construction: No
- Year built: 1947
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: BB/HS Internet Available, Cable Available, Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
Community & HOA
Community
- Subdivision: BROWNS ADD -HICKSON REP
HOA
- Has HOA: No
- Pet fee: $0 monthly
Location
- Region: Gainesville
Financial & listing details
- Price per square foot: $265/sqft
- Tax assessed value: $229,270
- Annual tax amount: $4,106
- Date on market: 4/14/2025
- Listing terms: Cash,Conventional
- Ownership: Fee Simple
- Total actual rent: 2550
- Tenant pays: Electricity, Water
- Electric utility on property: Yes
- Road surface type: Paved
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