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Under contract
  • Price cut: $25K (5/22)
    $325,000

    232 NW 4TH AVENUE, GAINESVILLE, FL 32601

    3beds
    2baths
    1,475sqft
    : 
    $2,298/mo
    Get pre-qualified
    Duplex, Multi Family
    Built in 1930
    -- sqft lot
    $-- Zestimate®
    $220/sqft
    $-- HOA

    What's special

    Fenced areaCozy back porch
    Under contract-accepting backup offers. You must see this investment opportunity just steps from the heart of Downtown Gainesville! Located at 232 NW 4th Ave, this income-producing property is a 2/1 single family home with a 1/1 attached unit (functioning as a duplex) and offers tremendous potential for renovation, rental income, or redevelopment. Each unit offers unique outdoor spaces: the front unit boasts a welcoming open front porch with swing, while the back unit enjoys its own fenced area and a cozy back porch. It is tenant occupied through end of July 2027. The unbeatable downtown location, flexible zoning, and strong rental demand make this an outstanding investment option. Opportunities like this in the Gainesville downtown core are rare - schedule your showing today!
    177 days
    |
    552
    |
    36
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Zoma De Las Estrellas 352-246-6765,

    KELLER WILLIAMS GAINESVILLE REALTY PARTNERS 352-240-0600

    Source: Stellar MLS,MLS#: GC537249MLS LogoOriginating MLS: Orlando Regional

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 3
      • Bathrooms: 2
      Heating
      • Wall Units / Window Unit
      Cooling
      • Wall/Window Unit(s)
      Appliances
      • Laundry: Inside
      Features
      • Ceiling Fan(s), Primary Bedroom Main Floor
      • Has fireplace: No
      Interior area
      • Total structure area: 1,723
      • Total interior livable area: 1,475 sqft
      Video & virtual tour

      Property

      Features
      • Exterior features: Awning(s), Lighting
      • Fencing: Fenced
      Lot
      • Size: 4,486 Square Feet
      Details
      • Parcel number: 14228001000
      • Zoning: RC
      • Special conditions: None

      Construction

      Type & style
      • Home type: MultiFamily
      • Property subtype: Duplex, Multi Family
      Materials
      • HardiPlank Type, Wood Frame
      • Foundation: Crawlspace
      • Roof: Shingle
      Condition
      • New construction: No
      • Year built: 1930

      Utilities & green energy

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

      Community & HOA

      Community
      • Pet fee: $0 monthly
      • Subdivision: BRUSH ADD TO GVILLE
      HOA
      • Has HOA: No
      Location
      • Region: Gainesville

      Financial & listing details

      • Price per square foot: $220/sqft
      • Annual tax amount: $5,205
      • Date on market: 2/4/2026
      • Cumulative days on market: 178 days
      • Listing terms: Cash,Conventional
      • Ownership: Fee Simple
      • Lease term: 12 Months
      • Total actual rent: 2800
      • Electric utility on property: Yes
      • Road surface type: Asphalt, Paved

        Estimated market value

        Not available

        Estimated sales range

        Not available

        Not available

        Price history

        DateEventPrice
        7/28/2026Contingent$325,000$220/sqft
        Source: Stellar MLS #GC537249 Report a problem
        5/22/2026Price change$325,000-7.1%$220/sqft
        Source: Stellar MLS #GC537249 Report a problem
        3/18/2026Price change$350,000-6.7%$237/sqft
        Source: Stellar MLS #GC537249 Report a problem
        2/27/2026Price change$375,000-5.1%$254/sqft
        Source: Stellar MLS #GC537249 Report a problem
        2/5/2026Listed for sale$395,000+41.2%$268/sqft
        Source: Stellar MLS #GC537249 Report a problem
        7/3/2025Listing removed$1,500$1/sqft
        Source: Zillow Rentals Report a problem
        6/24/2025Price change$1,500-6.3%$1/sqft
        Source: Zillow Rentals Report a problem
        5/25/2025Price change$1,600+23.1%$1/sqft
        Source: Zillow Rentals Report a problem
        7/13/2024Listed for rent$1,300$1/sqft
        Source: Zillow Rentals Report a problem
        12/19/2023Listing removed--
        Source: Zillow Rentals Report a problem
        10/11/2023Price change$1,300-7.1%$1/sqft
        Source: Zillow Rentals Report a problem
        9/20/2023Listed for rent$1,400-6.7%$1/sqft
        Source: Zillow Rentals Report a problem
        7/5/2023Listing removed--
        Source: Zillow Rentals Report a problem
        5/31/2023Listed for rent$1,500$1/sqft
        Source: Zillow Rentals Report a problem
        6/10/2022Listing removed--
        Source: Zillow Rental Network_1 Report a problem
        5/28/2022Price change$1,500-40%$1/sqft
        Source: Zillow Rental Network_1 Report a problem
        4/16/2022Listed for rent$2,500+138.1%$2/sqft
        Source: Zillow Rental Network_1 Report a problem
        6/3/2020Listing removed$1,050$1/sqft
        Source: Alligator Realty, Inc. Report a problem
        6/1/2020Listed for rent$1,050$1/sqft
        Source: Alligator Realty, Inc. Report a problem
        4/8/2011Listing removed$279,800$190/sqft
        Source: Dawn Realty #318533 Report a problem
        1/16/2011Listed for sale$279,800$190/sqft
        Source: Listhub #318533 Report a problem

        Public tax history

        Tax history is unavailable.

        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: Pleasent street

        Getting around

        87 / 100
        Very Walkable
        100 / 100
        Biker's Paradise

        Nearby schools

        GreatSchools rating

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