228 & 232 NW 4TH AVE Gainesville, FL 32601
5 Beds
3 Baths
2,498 SqFt
UPDATED:
Key Details
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Active
Purchase Type For Sale
Square Footage 2,498 sqft
Price per Sqft $260
Subdivision Brush Add To Gville
MLS Listing ID GC530419
Bedrooms 5
Full Baths 3
HOA Y/N No
Originating Board Stellar MLS
Year Built 1949
Annual Tax Amount $4,766
Lot Size 8,712 Sqft
Acres 0.2
Property Sub-Type Single Family Residence
New Construction false
Property Description
Rare opportunity to own two properties on one lot just steps from the heart of Downtown Gainesville! Located at 228 and 232 N.W. 4th Ave., this income-producing package features a single-family home and a duplex, offering tremendous potential for renovation, rental income, or redevelopment.
228 N.W. 4th Ave. is a charming single-family home featuring a fenced-in backyard, perfect for added privacy or outdoor entertaining.
232 N.W. 4th Ave. is a duplex, with each unit offering unique outdoor spaces: the front unit boasts a welcoming open front porch, while the back unit enjoys its own fenced area and a cozy back porch.
Currently, two of the three units are tenant-occupied, providing immediate rental income as you plan your improvements. The property is zoned for multi-family under 10 units, opening the door for even greater income potential through future development or expansion (subject to city approval). The lot is currently in the process of being split, which will give each building its own parcel—adding even more flexibility and value for future resale or financing options.
While these properties do need some work, the unbeatable downtown location, flexible zoning, and strong rental demand make this an outstanding investment opportunity. Opportunities like this in the downtown core are rare—schedule your showing today!
Location
State FL
County Alachua
Community Brush Add To Gville
Area 32601 - Gainesville
Zoning RC
Interior
Interior Features Primary Bedroom Main Floor
Heating Ductless
Cooling Wall/Window Unit(s)
Flooring Tile, Wood
Fireplace false
Appliance Cooktop, Electric Water Heater, Refrigerator
Laundry None
Exterior
Exterior Feature Sidewalk
Utilities Available Electricity Connected, Sewer Connected, Water Connected
Roof Type Shingle
Garage false
Private Pool No
Building
Story 1
Entry Level One
Foundation Crawlspace
Lot Size Range 0 to less than 1/4
Sewer Public Sewer
Water Public
Structure Type Frame
New Construction false
Others
Senior Community No
Ownership Fee Simple
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Special Listing Condition None
