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228 & 232 Nw 4th Avenue, Gainesville, FL 32601

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For Sale

$650,000

5 beds3 baths2,498 sqft

Estimated Payment

$      /mo.

APR for 30 years

Change Loan Terms

  • Single Family Detached
    Property type

  • Newly Listed
    Time on Century 21

  • $260.21
    Price per square foot

  • Over 50 Years Old
    Age

Explore this Property

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!
MLS# GC535338

Courtesy Of Keller Williams Gainesville Realty Partners

(352) 240-0600

Property Features

  • Age
    Over 50 Years Old
  • Appliances
    Cooktop, Refrigerator
  • Architecture Style
    Other
  • Floor Covering
    Tile, Wood
  • Lot Size
    0.2 Acres
  • Rooms
    Kitchen, Living Room

Home seller CENTURY 21 Lighthouse Realty

Get to know the neighborhood. A local affiliated CENTURY 21 office will help you set up tours, give advice, and negotiate with sellers.

CENTURY 21 Lighthouse Realty

(904) 562-5652
Learn More About Us

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