$650,000

228 & 232 NW 4TH AVENUE, Gainesville, FL 32601

  • 2,498 sqft
  • Property Icon Duplex
  • Property Year Built Icon Built in 1949
  • Property Lot Size Icon8,712sqft lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $260/sqft
  • Property List Date Icon Listed 13 days ago

Property Description

You must see this 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 2/1 single family home with a 1/1 attached unit (functioning as a duplex); 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 232 is tenant occupied (through end of July 2026) and 228 is vacant, providing immediate rental income as you plan your improvements. Continue renting out homes or keep them for yourself! The parcel, once including both homes, has just been split, giving the ability to now purchase 228 or 232 separately. 228 boasts new vinyl plank flooring, new HVAC being installed, new fans and light fixtures, new toilet and sink, and fresh paint inside and out. The unbeatable downtown location, flexible zoning, and strong rental demand make this an outstanding investment option. Opportunities like this in the downtown core are rare—schedule your showing today!

Listing Status:
Active
Date Added:
November 11, 2025 at 06:00AM
Listing Office:
KELLER WILLIAMS GAINESVILLE REALTY PARTNERS : 352-240-0600
Listing Agent:
Zoma De Las Estrellas : 352-246-6765
MLS ID:
GC535342
  • General: Primary Bedroom Main Floor
  • Appliances: CooktopElectric Water HeaterRefrigerator
  • Laundry: None
  • Flooring: TileWood
  • A/C: Wall/Window Unit(s)
  • Heating: Ductless
  • General: Sidewalk
  • Roofing: Shingle
  • General: FrameOneCrawlspace
  • Road/Access: Asphalt
  • Originating MLS: Stellar MLS
  • County: Alachua
  • Zoning: RCBRUSH ADDN DB O-218 BK 16 PLAT OF BK 16 PB A-88 W 1/2 OF LOT 5 & E 40 FT OF LOT 8 OR 4482/024314228-000-000
  • Utilities: Electricity ConnectedSewer ConnectedWater Connected
  • Water: Public
  • Sewer: Public Sewer
  • Source: Stellar MLS
  • Ownership: Fee Simple

This listing courtesy of Zoma De Las Estrellas, KELLER WILLIAMS GAINESVILLE REALTY PARTNERS

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

S

Sidney Lanier Center

312 NW 16th Ave, Gainesville, FL, 32601

Grades KG-12

0.89 miles away

A

A. Quinn Jones/Exceptional Student Center

1108 NW 7th Ave, Gainesville, FL, 32601

Grades 6-12

0.55 miles away

A

A. Quinn Jones/Exceptional Student Center

1108 NW 7th Ave, Gainesville, FL, 32601

Grades 6-12

0.55 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.