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For sale
  • Price cut: $4.9K (5/5)
    $145,000

    1032 NW 40th Ave, Gainesville, FL 32609

    1beds
    423sqft
    : 
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    Single Family Residence
    Built in 1949
    5,227 Square Feet Lot
    $136,100 Zestimate®
    $343/sqft
    $-- HOA

    What's special

    Main home
    Welcome to a property that doesn’t quite fit in a box—and honestly, that’s the best part. 1032 NW 40th Ave isn’t just a home… it’s an opportunity waiting for the right kind of buyer to recognize it. Right now, it’s successfully operating as both an Airbnb and a midterm rental, which means it’s already proven itself as an income-producing asset. Whether you’re looking to continue that momentum or pivot into something new, the groundwork is here. If you’ve been searching for your first home and everything feels either too “cookie cutter” or just slightly out of reach, this one offers a different path toward affordable living. Live in the main home and let the property work for you. Offset your mortgage. Create flexibility. Build something. An additional structure sits on the property, ready for its next chapter. With the right vision, this could become a guest suite, a studio, a private office, or even a future rental unit. The potential for a multifamily-style setup is there - property is zoned RMF5. Whether you’re an investor looking for your next income stream, or a buyer who wants more than just a place to live… this property gives you room to think bigger.
    83 days
    |
    414
    |
    31
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Stephanie Anson 407-252-8240,

    ANSON PROPERTIES LLC 407-252-8240,

    Amber Smith 352-844-1867,

    ANSON PROPERTIES LLC

    Source: Stellar MLS,MLS#: GC539805MLS LogoOriginating MLS: Gainesville-Alachua

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      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 1
      • Bathrooms: 1
      • Full bathrooms: 1
      Primary bedroom
      • Features: Built-in Closet
      • Level: First
      Bathroom 1
      • Level: First
      Kitchen
      • Level: First
      Living room
      • Level: First
      Heating
      • Wall Units / Window Unit
      Cooling
      • Wall/Window Unit(s)
      Appliances
      • Included: Dishwasher, Dryer, Microwave, Range, Washer
      • Laundry: Laundry Room, Outside
      Features
      • Primary Bedroom Main Floor
      • Flooring: Luxury Vinyl
      • Has fireplace: No
      Interior area
      • Total structure area: 513
      • Total interior livable area: 423 sqft

      Property

      Features
      • Levels: One
      • Stories: 1
      • Exterior features: Private Mailbox, Private Yard
      Lot
      • Size: 5,227 Square Feet
      Details
      • Parcel number: 08070000000
      • Zoning: RMF5
      • Special conditions: None

      Construction

      Type & style
      • Home type: SingleFamily
      • Property subtype: Single Family Residence
      Materials
      • Other
      • Foundation: Crawlspace
      • Roof: Shingle
      Condition
      • New construction: No
      • Year built: 1949

      Utilities & green energy

      • Sewer: Public Sewer
      • Water: Public
      • Utilities for property: Electricity Connected, Sewer Connected, Water Connected

      Community & HOA

      Community
      • Pet fee: $0 monthly
      • Subdivision: OAK HILL
      HOA
      • Has HOA: No
      Location
      • Region: Gainesville

      Financial & listing details

      • Price per square foot: $343/sqft
      • Tax assessed value: $75,536
      • Annual tax amount: $1,786
      • Date on market: 4/25/2026
      • Cumulative days on market: 84 days
      • Listing terms: Cash,Conventional
      • Ownership: Fee Simple
      • Total actual rent: 0
      • Electric utility on property: Yes
      • Road surface type: Paved

        Estimated market value

        $136,100

        $129,000 - $143,000

        $1,038/mo

        Price history

        DateEventPrice
        5/5/2026Price change$145,000-3.3%$343/sqft
        Source: Stellar MLS #GC539805 Report a problem
        4/25/2026Listed for sale$149,900+99.9%$354/sqft
        Source: Stellar MLS #GC539805 Report a problem
        2/2/2025Listing removed$1,300$3/sqft
        Source: Zillow Rentals Report a problem
        1/19/2025Listed for rent$1,300$3/sqft
        Source: Zillow Rentals Report a problem
        3/9/2022Sold$75,000-11.7%$177/sqft
        Source: Public Record Report a problem
        1/24/2022Pending sale$84,900$201/sqft
        Source: Stellar MLS #GC500611 Report a problem
        1/3/2022Price change$84,900-10.5%$201/sqft
        Source: Stellar MLS #GC500611 Report a problem
        12/8/2021Listed for sale$94,900$224/sqft
        Source: Stellar MLS #GC500611 Report a problem
        11/23/2021Pending sale$94,900$224/sqft
        Source: Stellar MLS #GC500611 Report a problem
        11/2/2021Listed for sale$94,900+704.2%$224/sqft
        Source: Stellar MLS #GC500611 Report a problem
        8/6/2012Sold$11,800-34.4%$28/sqft
        Source: Public Record Report a problem
        2/14/2012Listing removed$18,000$43/sqft
        Source: Rockford Realty Group #330457 Report a problem
        2/8/2012Listed for sale$18,000-27.7%$43/sqft
        Source: Rockford Realty Group #330457 Report a problem
        12/20/2011Listing removed$24,900$59/sqft
        Source: Listhub #326993 Report a problem
        11/10/2011Price change$24,900-6%$59/sqft
        Source: Listhub #326993 Report a problem
        8/20/2011Listed for sale$26,500$63/sqft
        Source: Listhub #326993 Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$1,786 +0.3%$75,536 -0.7%
        2024$1,780 -0.3%$76,079 +0.8%
        2023$1,785 +118.4%$75,472 +204.5%
        2022$817 -0.6%$24,787 +1.5%
        2021$823 +0.1%$24,424
        2020$821 +0.3%$24,424 +2.8%
        2019$818 $23,760 +2.9%
        2018$818 +13.7%$23,100 -2.1%
        2017$720 -3.3%$23,600 +5.8%
        2016$744 +8.6%$22,300
        2015$685 -1.6%$22,300 -1.3%
        2014$696 -1.9%$22,600
        2013$710 $22,600 -26.9%
        2012-- $30,900 -6.6%
        2011-- $33,100 -3.8%
        2010-- $34,400 -14.9%
        2009-- $40,400
        2008-- $40,400 +2.3%
        2007-- $39,500 +7.6%
        2006-- $36,700 +77.3%
        2005-- $20,700 +8.4%
        2004-- $19,100 +8.5%
        2003-- $17,600
        2002-- $17,600 -7.9%
        2001-- $19,100 +10.4%
        2000-- $17,300
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

        Explore the cost of this home by adjusting the details. Changes won't be saved.
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: Oak Hill

        Getting around

        61 / 100
        Somewhat Walkable
        66 / 100
        Bikeable

        Nearby schools

        GreatSchools rating

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