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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!
| DAYS ON MARKET | 98 | LAST UPDATED | 3/18/2026 |
|---|---|---|---|
| TRACT | BRUSH ADD TO GVILLE | YEAR BUILT | 1930 |
| COMMUNITY | 32601 - Gainesville | COUNTY | Alachua |
| STATUS | Active | PROPERTY TYPE(S) | Multi Family |
| PRICE HISTORY | |
| Prior to Feb 27, '26 | $395,000 |
|---|---|
| Feb 27, '26 - Mar 18, '26 | $375,000 |
| Mar 18, '26 - Today | $350,000 |
| ADDITIONAL DETAILS | |
| AIR | Wall/Window Unit(s) |
|---|---|
| AIR CONDITIONING | Yes |
| AREA | 32601 - Gainesville |
| BASEMENT | Crawl Space |
| CONSTRUCTION | Frame, HardiPlank Type |
| EXTERIOR | Awning(s), Lighting |
| HEAT | Ductless |
| LOT | 4356 sq ft |
| SEWER | Public Sewer |
| SUBDIVISION | BRUSH ADD TO GVILLE |
| TAXES | 5205.83 |
| UTILITIES | Cable Available, Electricity Connected, Sewer Connected, Water Connected |
| WATER | Public |
MORTGAGE CALCULATOR
TOTAL MONTHLY PAYMENT
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Listing provided by Zoma De Las Estrellas, KELLER WILLIAMS GAINESVILLE REALTY PARTNERS, 352-240-0600
The information contained herein has been provided by My Florida Regional MLS DBA Stellar MLS. IDX information is provided exclusively for consumers' personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the MLS. Listings last updated 5/8/26 7:03 AM PDT.
This IDX solution is (c) Diverse Solutions 2026.