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1509 NE 5th Ave, Gainesville, FL 32641

Gainesville
Local realty services provided by:CENTURY 21 Selling Paradise
1509 NE 5th Ave,Gainesville, FL 32641
$220,000
Virtual Tour
  • 12 Beds
  • 4 Baths
  • 1,587 sq. ft.
  • Multi-family
  • Pending
Listed by: deena erickson-klacko
Office: exp realty llc.
MLS#:GC542741
Source:MFRMLS

Price summary

  • Price:$220,000
  • Price per sq. ft.:$128.88

About this home

Investors!!! Priced to Sell!!! This NE Gainesville duplex offers a turnkey opportunity for investors seeking immediate cash flow in a high-demand rental market. Unit Configuration: Two identical units, each featuring 2 bedrooms, 1 bathroom, a flex room, a living room, and a full kitchen. Low-maintenance flooring with tile floors—no carpets. Size: Approximately 793.5 sq. ft. each side (1,587 total sq. ft.). Outdoor Space: Oversized backyard that backs directly onto a public playground, providing a rare amenity for families. Fully fenced in. Immediate Income: Both units are currently occupied, allowing for a seamless transition of rental revenue. Prime Location: Proximity to downtown Gainesville, local schools, and major shopping centers ensures long-term tenant desirability. Growth Area: Gainesville's steady rental market is bolstered by its proximity to the University of Florida and regional medical centers. This property is priced right and sold as is! Bring all offers.

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Home facts

  • Year built:1980
  • Subdivision & Development:NEW GAINESVILLE
  • Listing ID #:GC542741
  • Added:6 day(s) ago
  • Updated:August 21, 2026 at 11:39 AM

Rooms and interior

  • Bedrooms:12
  • Total bathrooms:4
  • Flooring:Tile, Vinyl
  • Kitchen Description:Range, Refrigerator
  • Living area:1,587 sq. ft.

Heating and cooling

  • Cooling:Central Air
  • Heating:Electric
  • Central air:Yes

Structure and exterior

  • Roof:Shingle
  • Year built:1980
  • Building area:1,587 sq. ft.
  • Lot area:0.28 Acres
  • Lot Features:Paved
  • Construction Materials:Block
  • Exterior Features:Private Mailbox
  • Foundation Description:Slab
  • Levels:1 Story

Utilities

  • Water:Public
  • Sewer:Public Sewer, Sewer Connected

Finances and disclosures

  • Price:$220,000
  • Price per sq. ft.:$128.88
  • Tax amount:$2,909 (2025)

Features and amenities

  • Appliances:Electric Water Heater, Range, Refrigerator
  • Amenities:Ceiling Fans(s), Underground Utilities
  • Pool features:Public Pool
MLS LogoThe information being provided by Stellar Mls is for the consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing. Any information relating to real estate for sale referenced on this web site comes from the Internet Data Exchange (IDX) program of the Stellar Mls. CENTURY 21 Selling Paradise is not a Multiple Listing Service (MLS), nor does it offer MLS access. This website is a service of CENTURY 21 Selling Paradise, a broker participant of Stellar Mls. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. The accuracy of all information, regardless of source, including but not limited to open house information, square footages and lot sizes, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. The data contained herein is copyrighted by Stellar Mls and is protected by all applicable copyright laws. Any unauthorized dissemination of this information is in violation of copyright laws and is strictly prohibited. Properties in listings may have been sold or may no longer be available. Copyright 2026 Stellar Mls. All rights reserved. MFRMLS Member Broker: Robert Mahan

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