1511 & 1509 NE 5th Ave, Gainesville, FL 32641
Local realty services provided by:CENTURY 21 North East
Listed by: deena erickson-klacko
Office: exp realty llc.
MLS#:GC539885
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.
Contact an agent
Home facts
- Year built:1980
- Subdivision & Development:NEW GAINESVILLE
- Listing ID #:GC539885
- Added:94 day(s) ago
- Updated:August 01, 2026 at 04:53 PM
Rooms and interior
- Bedrooms:3
- Total bathrooms:2
- Full bathrooms:2
- 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:Cleared, 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
New listings near 1511 & 1509 NE 5th Ave
$175,000Pending3 beds 2 baths1,332 sq. ft.5630 NW 26th Street, GAINESVILLE, FL 32653
MLS# GC542406Listed by: BHHS FLORIDA REALTY- New
$335,000Active3 beds 2 baths1,511 sq. ft.813 SW 99th Street, GAINESVILLE, FL 32607
MLS# GC541171Listed by: RABELL REALTY GROUP LLC - Open Sun, 12 to 1:30pmNew
$229,000Active2 beds 2 baths1,200 sq. ft.2760 NW 105th Drive, GAINESVILLE, FL 32606
MLS# GC542300Listed by: FLORIDA HOMES REALTY & MORTGAGE - New
$444,990Active4 beds 3 baths2,662 sq. ft.5434 SW 55th Terrace, GAINESVILLE, FL 32608
MLS# OM729552Listed by: DR HORTON REALTY OF WEST CENTRAL FLORIDA - New
$264,500Active3 beds 2 baths1,380 sq. ft.4807 NW 78 Road, GAINESVILLE, FL 32653
MLS# O6429640Listed by: COLDWELL BANKER REALTY - Open Sat, 11am to 2pmNew
$385,000Active3 beds 2 baths1,407 sq. ft.1503 NW 17th Street, GAINESVILLE, FL 32605
MLS# GC542400Listed by: BHGRE THOMAS GROUP - New
$449,000Active5 beds 4 baths2,736 sq. ft.8223 NW 53rd Street, GAINESVILLE, FL 32653
MLS# GC542388Listed by: REALTY HUB - Open Sat, 11am to 1pmNew
$359,000Active4 beds 4 baths1,530 sq. ft.835 SW 9th Street #101, GAINESVILLE, FL 32601
MLS# TB8526022Listed by: SIGNATURE REALTY ASSOCIATES
$764,321Pending4 beds 3 baths2,195 sq. ft.11849 SW 36th Place, GAINESVILLE, FL 32608
MLS# GC542396Listed by: ICI SELECT REALTY- New
$119,000Active2 beds 2 baths874 sq. ft.83 SE 16th Avenue #E303, GAINESVILLE, FL 32601
MLS# GC542288Listed by: CAMPUS TO COAST REALTY, LLC