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Sold for $388,000
  • $388,000

    1016 NW 4th Ave, Gainesville, FL 32601

    2beds
    1baths
    1,508sqft
    Duplex, Multi Family
    Built in 1947
    -- sqft lot
    $375,600 Zestimate®
    $257/sqft
    $1,484 Estimated rent

    Home value

    $375,600

    $338,000 - $417,000

    $1,484/mo

    Zestimate® history
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    $1,484/mo

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    $2,793/mo

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    $2,793/mo

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    What's special

    One or more photo(s) has been virtually staged. Prime Investment Opportunity. This updated duplex offers a solid investment with a proven rental history. This concrete block property encompasses 1,500 sq.ft. of total living space with two units each having 2 bedrooms and 1 bathroom. Located less than 0.5 mile to the University of Florida campus (8 min. walk), and just minutes to midtown and downtown, the property boasts a highly desirable location. The downstairs unit features tile flooring and in 2023, underwent rewiring and received a new mini-split system, enhancing energy efficiency and comfort (currently leased through July 31, 2025). Both kitchens have been updated with new cabinets, stainless appliances and granite countertops, blending modern convenience with classic appeal. Parking available for one vehicle each unit along with off-street parking, and the property includes essential appliances such as a range/ovens, refrigerators and microwaves with onsite laundry. The downstairs unit has tile flooring and the upstairs has heart pine floors. Upstairs leased through July 31, 2026. Offered in as-is condition, this duplex presents a turnkey investment in a prime Gainesville location. Perfect set up to live in one unit and rent the other, save $ on dorm and apartment fees. Reach out today to schedule a showing.

    Zillow last checked:

    Listing updated:

    Listed by:

    Jenny Highlander 352-514-6793,

    RE/MAX PROFESSIONALS 352-375-1002

    Bought with:

    Samuel Suskin, 3242516

    SUSKIN REALTY INC

    Source: Stellar MLS,MLS#: GC529541MLS LogoOriginating MLS: Gainesville-Alachua

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 2
    • Bathrooms: 1
    Heating
    • Space Heater, Wall Units / Window Unit
    Cooling
    • Ductless, Wall/Window Unit(s)
    Appliances
    • Included: Microwave, Range, Refrigerator
    • Laundry: Common Area, Outside
    Features
    • Solid Surface Counters
    • Flooring: Tile, Hardwood
    • Has fireplace: No
    Interior area
    • Total structure area: 1,844
    • Total interior livable area: 1,508 sqft

    Property

    Parking
    • Parking features: Off Street, Parking Pad
    • Has uncovered spaces: Yes
    Features
    • Levels: Two
    • Stories: 2
    Lot
    • Size: 5,227 Square Feet
    Details
    • Additional structures: Outbuilding, Shed(s)
    • Parcel number: 13935000000
    • Zoning: RMF5
    • Special conditions: None

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Duplex, Multi Family
    Materials
    • Asbestos, Concrete
    • Foundation: Concrete Perimeter
    • Roof: Shingle
    Condition
    • New construction: No
    • Year built: 1947

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public
    • Utilities for property: BB/HS Internet Available, Cable Available, Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected

    Community & HOA

    Community
    • Pet fee: $0 monthly
    • Subdivision: BROWNS ADD -HICKSON REP
    HOA
    • Has HOA: No
    Location
    • Region: Gainesville

    Financial & listing details

    • Price per square foot: $257/sqft
    • Tax assessed value: $255,147
    • Annual tax amount: $4,106
    • Date on market: 4/14/2025
    • Cumulative days on market: 4 days
    • Listing terms: Cash,Conventional
    • Ownership: Fee Simple
    • Total actual rent: 2550
    • Tenant pays: Electricity, Water
    • Electric utility on property: Yes
    • Road surface type: Paved

    Price history

    DateEventPrice
    4/14/2026Listing removed$1,500$1/sqft
    Source: Zillow Rentals Report a problem
    4/3/2026Listed for rent$1,500+15.4%$1/sqft
    Source: Zillow Rentals Report a problem
    6/3/2025Sold$388,000-2.8%$257/sqft
    Source: Stellar MLS #GC529541 Report a problem
    4/19/2025Pending sale$399,000$265/sqft
    Source: Stellar MLS #GC529541 Report a problem
    4/14/2025Listed for sale$399,000+1%$265/sqft
    Source: Stellar MLS #GC529541 Report a problem
    3/19/2025Listing removed--
    Source: Owner Report a problem
    1/31/2025Listed for sale$395,000+343.8%$262/sqft
    Source: Owner Report a problem
    8/22/2023Listing removed--
    Source: Zillow Rentals Report a problem
    7/25/2023Price change$1,300-7.1%$1/sqft
    Source: Zillow Rentals Report a problem
    6/28/2023Listed for rent$1,400+3.7%$1/sqft
    Source: Zillow Rentals Report a problem
    5/10/2022Listing removed--
    Source: Zillow Rental Manager Report a problem
    4/26/2022Listed for rent$1,350+54.3%$1/sqft
    Source: Zillow Rental Manager Report a problem
    2/28/2021Listing removed--
    Source: Owner Report a problem
    7/28/2020Listing removed$875$1/sqft
    Source: Owner Report a problem
    7/19/2020Price change$875-7.9%$1/sqft
    Source: Owner Report a problem
    7/7/2020Price change$950-5%$1/sqft
    Source: Owner Report a problem
    6/19/2020Listed for rent$1,000$1/sqft
    Source: Owner Report a problem
    8/6/2012Sold$89,000$59/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$4,556 +11%$174,223 +10%
    2024$4,106 +12.5%$158,385 +10%
    2023$3,649 +20.4%$143,986 +10%
    2022$3,030 +6.4%$130,896 +9.6%
    2021$2,849 -8.1%$119,480 -1.9%
    2020$3,100 +0.8%$121,811 +10%
    2019$3,074 $110,737 -8.7%
    2018$3,074 +22.5%$121,300 -18.2%
    2017$2,509 -5.2%$148,200 +78.1%
    2016$2,646 +29%$83,200 +0.8%
    2015$2,052 -1.2%$82,500 -0.2%
    2014$2,076 -1.1%$82,700
    2013$2,098 $82,700 -1.1%
    2012-- $83,600 -1.5%
    2011-- $84,900 -1.6%
    2010-- $86,300 -9.2%
    2009-- $95,000 -1%
    2008-- $96,000 +0.7%
    2007-- $95,300 -8.5%
    2006-- $104,100 +35%
    2005-- $77,100 +21.8%
    2004-- $63,300 +48.6%
    2003-- $42,600
    2002-- $42,600 +1.4%
    2001-- $42,000 +5.5%
    2000-- $39,800
    Find assessor info on the county website

    Neighborhood: Fifth Avenue

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Elementary: Carolyn Beatrice Parker Elementary
    • Middle: Westwood Middle School-AL
    • High: Gainesville High School-AL

    Source: Stellar MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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    Estimated market value
    $375,600
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $375,600