Donna Hodges

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Listing provided courtesy of ANSON PROPERTIES LLCas Distributed by MLSGrid- MLS# MFRGC539805MLS Provider

1032 NW 40TH AVENUEGAINESVILLE, FL 32609

Single Family · 1 Bed · 1 Full Bath · 423 Sq. ft. | 0.12 Acres
$145,000 Active

1032 NW 40TH AVENUE Overview

Time on Site:
65 days
Visits:
0

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.

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1032 NW 40TH AVENUE Facts & Features

  • Type Single Family
  • Sq. ft. 423
  • Price/Sq.ft. $343
  • Lot 0.12 Acres

Details

General

Association/HOA

  • Association: No

Building Information

  • New Construction: No
  • Year Built: 1949

Location/Region

  • Country: US
  • County Or Parish: Alachua
  • MLS Area Major: 32609 - Gainesville
  • Subdivision Name: OAK HILL
  • Township: 09

Tax Information

  • Tax Annual Amount: 1786.47
  • Tax Year: 2025

General Information

  • Furnished: Unfurnished
  • Listing Terms: Cash,Conventional
  • Ownership: Fee Simple
  • Parcel Number: 08070-000-000
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Senior Community: No
  • Special Listing Conditions: None
  • Zoning: RMF5

Interior

Parking Information

  • Garage: No

Beds/Baths

  • Bathrooms Full: 1
  • Bathrooms Half: 0
  • Bathrooms Total: 1
  • Bedrooms Total: 1

Building Interior

  • Building Area Source: Public Records
  • Building Area Total: 513
  • Building Area Units: Square Feet

General Information

  • Appliances: Dishwasher,Dryer,Microwave,Range,Washer
  • Cooling: Wall/Window Unit(s)
  • Fireplace: No
  • Flooring: Luxury Vinyl
  • Foundation Details: Crawlspace
  • Heating: Ductless
  • Interior Features: Primary Bedroom Main Floor
  • Laundry Features: Laundry Room,Outside
  • Levels: One
  • Living Area: 423
  • Living Area Source: Public Records
  • Living Area Units: Square Feet
  • Other Equipment: Private Yard
  • Stories Total: 1

Exterior

Lot Information

  • Additional Parcels: No
  • Lot Size Acres: 0.12
  • Lot Size Square Feet: 5227
  • Road Surface Type: Paved
  • Water Source: Public

Waterfront/View

  • Waterfront: No

Building Exterior/Construction

  • Construction Materials: Other
  • Direction Faces: South
  • Roof: Shingle

General Information

  • Carport: No
  • Exterior Features: Private Mailbox,Private Yard
  • Pool Private: No
  • Sewer: Public Sewer
  • Utilities: Electricity Connected,Sewer Connected,Water Connected

Room Information

Room: Bathroom 1

  • Level: First

Room: Kitchen

  • Level: First

Room: Living Room

  • Level: First

Room: Primary Bedroom

  • Level: First

1032 NW 40TH AVENUE Neighborhood

Community

32609 (Gainesville) Demographics

35
Median Age
170
Population Density (per sq. mile)
34%
College Educated
$37,725
Estimated Median Income
3,838
Estimated Total Home Owners
3,322
Estimated Total Renters
54% / 46%
Estimated Owner / Renter Divide
2
Estimated Average Household Size
Community data courtesy of LiveBy, Inc.

Schools

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.

1032 NW 40TH AVENUE Monthly Cost

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Meredith Medvec
Dylan Leitman
* 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.

1032 NW 40TH AVENUE Market Data

Based on the last 30 days in this zip code

$258,446
Average List Price
$185
Average Price per Square Foot
16
Properties Sold
86
Average Days on Market
67
Properties for Sale
Calculations provided by Reliance Network

1032 NW 40TH AVENUE History

Date Event Value Agent
5/5/2026Source: My Florida Regional MLS Price Reduction
$145,000 -3.3%
4/25/2026Source: My Florida Regional MLS Added to Database
April 25, 2026
10/14/2022Source: My Florida Regional MLS Added to Database
October 14, 2022
10/14/2022Source: My Florida Regional MLS Added to Database
October 14, 2022