Listing provided courtesy of KELLER WILLIAMS GAINESVILLE REALTY PARTNERSas Distributed by MLSGrid- MLS# MFRGC537249MLS Provider

232 NW 4TH AVENUEGAINESVILLE, FL 32601

Multi-Family · 3 Beds · 1,475 Sq. ft. | 0.10 Acres
$325,000 Active

232 NW 4TH AVENUE Overview

Time on Site:
146 days
Visits:
0

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!

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232 NW 4TH AVENUE Facts & Features

  • Type Multi-Family
  • Sq. ft. 1,475
  • Price/Sq.ft. $220
  • Lot 0.10 Acres

Details

General

Association/HOA

  • Association: No

Income/Expenses

  • Gross Income: 33600

Building Information

  • New Construction: No
  • Year Built: 1930

Location/Region

  • Country: US
  • County Or Parish: Alachua
  • MLS Area Major: 32601 - Gainesville
  • Subdivision Name: BRUSH ADD TO GVILLE
  • Township: 10

Rent/Lease Information

  • Lease Term: Twelve Months

Tax Information

  • Tax Annual Amount: 5205.83
  • Tax Year: 2025

General Information

  • Listing Terms: Cash,Conventional
  • Ownership: Fee Simple
  • Parcel Number: 14228-001-000
  • Property Sub Type: Duplex
  • Property Type: Residential Income
  • Senior Community: No
  • Special Listing Conditions: None
  • Zoning: RC

Interior

Parking Information

  • Garage: No

Beds/Baths

  • Bathrooms Total: 2
  • Bedrooms Total: 3

Building Interior

  • Building Area Source: Public Records
  • Building Area Total: 1723
  • Building Area Units: Square Feet

General Information

  • Cooling: Wall/Window Unit(s)
  • Fireplace: No
  • Foundation Details: Crawlspace
  • Heating: Ductless
  • Interior Features: Ceiling Fans(s),Primary Bedroom Main Floor
  • Laundry Features: Inside
  • Living Area: 1475
  • Living Area Source: Public Records
  • Living Area Units: Square Feet

Exterior

Lot Information

  • Additional Parcels: No
  • Lot Size Acres: 0.1
  • Lot Size Square Feet: 4486
  • Road Surface Type: Asphalt,Paved
  • Water Source: Public

Waterfront/View

  • Waterfront: No

Building Exterior/Construction

  • Construction Materials: HardiPlank Type,Frame
  • Roof: Shingle

General Information

  • Carport: No
  • Exterior Features: Awning(s),Fence,Lighting
  • Number Of Units Total: 2
  • Pool Private: No
  • Sewer: Public Sewer
  • Utilities: BB/HS Internet Available,Cable Available,Electricity Connected,Public,Sewer Connected,Water Connected

232 NW 4TH AVENUE Neighborhood

Community

32601 (GAINESVILLE) Demographics

24
Median Age
4,339
Population Density (per sq. mile)
61%
College Educated
$24,916
Estimated Median Income
2,131
Estimated Total Home Owners
6,069
Estimated Total Renters
26% / 74%
Estimated Owner / Renter Divide
2
Estimated Average Household Size
Community data courtesy of LiveBy, Inc.

Schools

School data unavailable, School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.

232 NW 4TH AVENUE Monthly Cost

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* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

232 NW 4TH AVENUE Market Data

Based on the last 30 days in this zip code

$416,229
Average List Price
$238
Average Price per Square Foot
13
Properties Sold
101
Average Days on Market
85
Properties for Sale
Calculations provided by Reliance Network

232 NW 4TH AVENUE History

Date Event Value Agent
5/22/2026Source: My Florida Regional MLS Price Reduction
$325,000 -7.1%
3/18/2026Source: My Florida Regional MLS Price Reduction
$350,000 -6.7%
2/27/2026Source: My Florida Regional MLS Price Reduction
$375,000 -5.1%
2/4/2026Source: My Florida Regional MLS Added to Database
February 04, 2026