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 2027. 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!
Property Details
Price:
$325,000
MLS #:
GC537249
Status:
Active
Beds:
3
Baths:
2
Type:
Multi Family
Subtype:
Duplex
Subdivision:
BRUSH ADD TO GVILLE
Neighborhood:
32601gainesville
Listed Date:
Feb 4, 2026
Finished Sq Ft:
1,475
Total Sq Ft:
1,723
Lot Size:
4,486 sqft / 0.10 acres (approx)
Year Built:
1930
Units:
2
See this Listing
Schools
Interior
Cooling
Wall/Window Unit(s)
Heating
Wall Units / Window Unit
Interior Features
Ceiling Fan(s), Primary Bedroom Main Floor
Laundry Features
Inside
Exterior
Construction Materials
HardiPlank Type, Wood Frame
Exterior Features
Awning(s), Fenced, Lighting
Roof
Shingle
Financial
Tax Year
2025
Taxes
$5,206
Map
Community
- Address232 NW 4TH AVENUE GAINESVILLE FL
- SubdivisionBRUSH ADD TO GVILLE
- CityGAINESVILLE
- CountyAlachua
- Zip Code32601
Subdivisions in GAINESVILLE
Market Summary
Current real estate data for Multi Family in GAINESVILLE as of Aug 29, 2026
21
Multi Family Listed
85
Avg DOM
198
Avg $ / SqFt
$515,495
Avg List Price
Property Summary
- Located in the BRUSH ADD TO GVILLE subdivision, 232 NW 4TH AVENUE GAINESVILLE FL is a Multi Family for sale in GAINESVILLE, FL, 32601. It is listed for $325,000 To schedule a showing of MLS#gc537249 at 232 NW 4TH AVENUE in GAINESVILLE, FL, contact your InvestPro Properties, Inc. agent at 561-203-7022.
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Courtesy of KELLER WILLIAMS GAINESVILLE REALTY PARTNERS. Disclaimer: All data relating to real estate for sale on this page comes from the Broker Reciprocity (BR) of the Orlando/Tampa – FL. Detailed information about real estate listings held by brokerage firms other than InvestPro Properties, Inc. include the name of the listing broker. Neither the listing company nor InvestPro Properties, Inc. shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The Broker providing this data believes it to be correct, but advises interested parties to confirm any item before relying on it in a purchase decision. Copyright 2026. Orlando/Tampa – FL. All rights reserved. 232 NW 4TH AVENUE
GAINESVILLE, FL