Prime UF Investment Opportunity – 6 Income-Producing 1BR Units Just 4 Blocks from Campus! Wake up and be in the heart of campus in under 5 minutes! This rare opportunity to own six income-generating 1BR/1BA units in the highly desirable U5 zoning district is perfect for investors seeking consistent rental income and long-term appreciation. Located just four blocks from UF’s Business School and caddy-corner to the Gate gas station, this property offers unbeatable walkability for students and professionals alike. Five of the six units are currently leased through July 2026, providing immediate and stable cash flow. One unit is currently vacant—ideal for a new owner to renovate or lease at market rate. Whether you’re expanding your portfolio or making your first leap into student housing, this property checks all the boxes: location, zoning, and income. Don’t miss this rare multifamily gem in one of Gainesville’s highest-demand rental corridors.
Sold for $915,000
$915,000
1401 NW 5th Ave, Gainesville, FL 32603
6beds
3,300sqft
Duplex, Multi Family
Built in 1959
-- sqft lot
$909,000 Zestimate®
$277/sqft
$1,992 Estimated rent
Home value
$909,000
$836,000 - $991,000
$1,992/mo
Zestimate® history
Owner options
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$1,992/mo
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$1,992/mo
Rent Zestimate®
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$6,446/mo
Est. payment
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$6,446/mo
Est. payment
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Zillow last checked:
Listing updated:
Listed by:
Jamie Williams 352-262-4914,
CORNERSTONE REALTY & MANAGEMENT SERVICES LLC 352-262-4914
Bought with:
Eric Leightman, 3056069
UNIVERSITY REALTY
Source: Stellar MLS,MLS#: GC532878
Originating MLS: Gainesville-Alachua
Originating MLS: Gainesville-Alachua
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 6
- Bathrooms: 6
- Full bathrooms: 6
Primary bedroom
- Features: Built-in Closet
- Level: First
Kitchen
- Level: First
Living room
- Level: First
Heating
- Wall Units / Window Unit
Cooling
- Wall/Window Unit(s)
Appliances
- Included: Range, Range Hood, Refrigerator
- Laundry: None
Features
- Ceiling Fan(s)
- Flooring: Terrazzo
- Has fireplace: No
Interior area
- Total structure area: 3,925
- Total interior livable area: 3,300 sqft
Property
Features
- Levels: One
- Stories: 1
- Exterior features: Sidewalk
Lot
- Size: 0.27 Acres
Details
- Parcel number: 15197000000
- Zoning: RMF8
- Special conditions: None
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Duplex, Multi Family
Materials
- Block
- Foundation: Slab
- Roof: Shingle
Condition
- New construction: No
- Year built: 1959
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Public
Community & HOA
Community
- Pet fee: $0 monthly
- Subdivision: BROWN B W
HOA
- Has HOA: No
Location
- Region: Gainesville
Financial & listing details
- Price per square foot: $277/sqft
- Annual tax amount: $9,296
- Date on market: 7/28/2025
- Cumulative days on market: 206 days
- Listing terms: Cash,Conventional
- Ownership: Fee Simple
- Total actual rent: 72000
- Road surface type: Asphalt
Price history
| Date | Event | Price |
|---|---|---|
| 4/6/2026 | Sold | $915,000-12.9%$277/sqft |
Source:  Stellar MLS #GC532878 Report a problem | ||
| 2/19/2026 | Pending sale | $1,050,000$318/sqft |
Source: Stellar MLS #GC532878 Report a problem | ||
| 1/6/2026 | Price change | $1,050,000-10.6%$318/sqft |
Source: Stellar MLS #GC533421 Report a problem | ||
| 11/28/2025 | Price change | $1,175,000-6%$356/sqft |
Source: Stellar MLS #GC533421 Report a problem | ||
| 11/5/2025 | Price change | $1,250,000-7.4%$379/sqft |
Source: Stellar MLS #GC532878 Report a problem | ||
| 8/19/2025 | Price change | $1,350,000-10%$409/sqft |
Source: Stellar MLS #GC532878 Report a problem | ||
| 7/29/2025 | Price change | $1,500,000+50.1%$455/sqft |
Source: Stellar MLS #GC532878 Report a problem | ||
| 12/8/2024 | Listing removed | $1,100 |
Source: Stellar MLS #GC524660 Report a problem | ||
| 10/16/2024 | Listed for rent | $1,100 |
Source: Stellar MLS #GC524660 Report a problem | ||
| 9/10/2024 | Listing removed | $1,100 |
Source: Stellar MLS #GC524660 Report a problem | ||
| 8/27/2024 | Listed for rent | $1,100 |
Source: Stellar MLS #GC524660 Report a problem | ||
| 9/3/2022 | Pending sale | $999,500$303/sqft |
Source: Stellar MLS #GC508092 Report a problem | ||
Public tax history
Tax history is unavailable.
Neighborhood: University Park
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Nearby schools
GreatSchools rating
- 5/10Caroline Beatrice Parker ElementaryGrades: K-5Distance: 0.5 mi
- 6/10Gainesville High SchoolGrades: 8-12Distance: 1 mi
- 3/10Westwood Middle SchoolGrades: 6-8Distance: 1.8 mi
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$909,000
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+$18,180
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$927,180
- Florida
- Alachua County
- Gainesville
- 32603
- University Park
- 1401 NW 5th Ave
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