Income Property for Sale: Duplex in NW Gainesville Great Investment Opportunity! Don’t miss this incredible opportunity to own a 2 bed, 1 bath duplex located in NW Gainesville. This income producing property is perfect for investors looking to expand their portfolio or homeowners seeking additional rental income. Features: Unit A: 2 bedrooms, 1 bath, full kitchen, open-concept layout, modern finishes, and private entrance. Unit B: 2 bedrooms, 1 bath, full kitchen, spacious living room, and private entrance. Separate meters for utilities. Each unit comes with a utility room, back porch, plenty of yard space, and individual driveways. Both units are currently rented. Great location with easy access to shopping, restaurants, schools, and hospitals.
Sold for $210,000
$210,000
1031 NW 40th Ave, Gainesville, FL 32609
1beds
1baths
1,764sqft
Stock Cooperative, Duplex, Multi Family
Built in 1971
-- sqft lot
$219,200 Zestimate®
$119/sqft
$1,140 Estimated rent
Home value
$219,200
$193,000 - $246,000
$1,140/mo
Zestimate® history
Owner options
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$1,140/mo
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$1,140/mo
Rent Zestimate®
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$1,237/mo
Est. payment
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$1,237/mo
Est. payment
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Zillow last checked:
Listing updated:
Listed by:
Jonathan Minerick 888-400-2513,
HOMECOIN.COM 888-400-2513
Bought with:
Non-Member Agent
STELLAR NON-MEMBER OFFICE
Source: Stellar MLS,MLS#: TB8312644
Originating MLS: Suncoast Tampa
Originating MLS: Suncoast Tampa
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 1
- Bathrooms: 1
Heating
- Natural Gas
Cooling
- Central Air
Appliances
- Included: Oven, Range, Refrigerator
- Laundry: Laundry Room
Features
- Ceiling Fan(s)
- Flooring: Vinyl
- Has fireplace: No
Interior area
- Total structure area: 2,198
- Total interior livable area: 1,764 sqft
Property
Parking
- Total spaces: 1
- Parking features: Carport
- Carport spaces: 1
Features
- Exterior features: Other
Lot
- Size: 10,019 Square Feet
Details
- Parcel number: 08082000000
- Zoning: RES INCOME
- Special conditions: None
Construction
Type & style
- Home type: Cooperative
- Property subtype: Stock Cooperative, Duplex, Multi Family
Materials
- Block
- Foundation: Other
- Roof: Shingle
Condition
- Completed
- New construction: No
- Year built: 1971
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Other
Community & HOA
Community
- Pet fee: $0 monthly
- Subdivision: OAK HILL(410)
HOA
- Has HOA: No
Location
- Region: Gainesville
Financial & listing details
- Price per square foot: $119/sqft
- Tax assessed value: $162,718
- Annual tax amount: $2,469
- Date on market: 10/21/2024
- Cumulative days on market: 4 days
- Ownership: Co-op
- Lease term: 12 Months
- Total actual rent: 2500
- Road surface type: Other
Price history
| Date | Event | Price |
|---|---|---|
| 9/9/2025 | Listing removed | $339,000$192/sqft |
Source:  Stellar MLS #R4909807 Report a problem | ||
| 8/25/2025 | Listed for sale | $339,000+61.4%$192/sqft |
Source: Stellar MLS #R4909807 Report a problem | ||
| 12/23/2024 | Sold | $210,000-16%$119/sqft |
Source: Stellar MLS #TB8312644 Report a problem | ||
| 10/26/2024 | Pending sale | $249,900$142/sqft |
Source: Stellar MLS #TB8312644 Report a problem | ||
| 10/21/2024 | Listed for sale | $249,900+62.8%$142/sqft |
Source: Stellar MLS #TB8312644 Report a problem | ||
| 2/1/2024 | Sold | $153,500-9.2%$87/sqft |
Source: Public Record Report a problem | ||
| 7/9/2021 | Listing removed | -- |
Source:  Bosshardt Realty Report a problem | ||
| 8/18/2020 | Pending sale | $169,000$96/sqft |
Source: Bosshardt Realty Services, LLC #435601 Report a problem | ||
| 8/18/2020 | Listed for sale | $169,000$96/sqft |
Source: Bosshardt Realty Services, LLC #435601 Report a problem | ||
| 6/23/2020 | Pending sale | $169,000$96/sqft |
Source: Bosshardt Realty Services, LLC #435601 Report a problem | ||
| 6/18/2020 | Listed for sale | $169,000-10.6%$96/sqft |
Source: Bosshardt Realty Services, LLC #435601 Report a problem | ||
| 9/25/2019 | Listing removed | $189,000$107/sqft |
Source: Pepine Realty #428268 Report a problem | ||
| 9/16/2019 | Pending sale | $189,000$107/sqft |
Source: Pepine Realty #428268 Report a problem | ||
| 9/8/2019 | Listed for sale | $189,000+395.4%$107/sqft |
Source: Pepine Realty #428268 Report a problem | ||
| 1/30/2017 | Sold | $38,150+496.1%$22/sqft |
Source: Public Record Report a problem | ||
| 2/25/2014 | Sold | $6,400-85.8%$4/sqft |
Source: Public Record Report a problem | ||
| 4/20/2005 | Sold | $45,000$26/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $3,852 +99.8% | $162,718 +51.4% |
| 2024 | $1,928 +8.2% | $107,502 +5.9% |
| 2023 | $1,783 +1.2% | $101,552 +5.4% |
| 2022 | $1,761 +4.6% | $96,358 +5.7% |
| 2021 | $1,684 +6.2% | $91,201 +4.5% |
| 2020 | $1,586 -25% | $87,276 -19.5% |
| 2019 | $2,114 | $108,387 -7.4% |
| 2018 | $2,114 -24.1% | $117,100 +84.7% |
| 2017 | $2,783 +172.6% | $63,400 +11.8% |
| 2016 | $1,021 +14% | $56,700 -2.9% |
| 2015 | $896 -5.8% | $58,400 -3% |
| 2014 | $951 | $60,200 -1.3% |
| 2013 | -- | $61,000 -2.7% |
| 2012 | -- | $62,700 -10.4% |
| 2011 | -- | $70,000 -33.5% |
| 2010 | -- | $105,300 -15.6% |
| 2009 | -- | $124,800 -2.6% |
| 2008 | -- | $128,100 +0.7% |
| 2007 | -- | $127,200 +4% |
| 2006 | -- | $122,300 +52.9% |
| 2005 | -- | $80,000 +5.1% |
| 2004 | -- | $76,100 +65.1% |
| 2003 | -- | $46,100 |
| 2002 | -- | $46,100 +0.4% |
| 2001 | -- | $45,900 +0.9% |
| 2000 | -- | $45,500 |
Find assessor info on the county website
Neighborhood: Oak Hill
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Nearby schools
GreatSchools rating
- 3/10Stephen Foster Elementary SchoolGrades: K-5Distance: 0.3 mi
- 6/10Gainesville High SchoolGrades: 8-12Distance: 1.4 mi
- 3/10Westwood Middle SchoolGrades: 6-8Distance: 2.7 mi
Schools provided by the listing agent
- Elementary: Stephen Foster Elementary School-AL
- 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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- Florida
- Alachua County
- Gainesville
- 32609
- Oak Hill
- 1031 NW 40th Ave
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