GAINESVILLE, FL 32601 228 & 232 NW 4TH AVENUE

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Presented By: KELLER WILLIAMS GAINESVILLE REALTY PARTNERS with 352-240-0600. - 352-240-0600
  • MLS# GC530419
  • 04/29/2025
  • Request Tour
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  • Beds • 5
  • Baths • 3
  • SQFT • 2,498

Home Details

Investor Special in Prime Downtown Gainesville! Rare opportunity to own two properties on one lot just steps from the heart of Downtown Gainesville! Located at 228 and 232 N.W. 4th Ave., this income-producing package features a single-family home and a duplex, offering tremendous potential for renovation, rental income, or redevelopment. 228 N.W. 4th Ave. is a charming single-family home featuring a fenced-in backyard, perfect for added privacy or outdoor entertaining. 232 N.W. 4th Ave. is a duplex, with each unit offering unique outdoor spaces: the front unit boasts a welcoming open front porch, while the back unit enjoys its own fenced area and a cozy back porch. Currently, two of the three units are tenant-occupied, providing immediate rental income as you plan your improvements. The property is zoned for multi-family under 10 units, opening the door for even greater income potential through future development or expansion (subject to city approval). The lot is currently in the process of being split, which will give each building its own parcel—adding even more flexibility and value for future resale or financing options. While these properties do need some work, the unbeatable downtown location, flexible zoning, and strong rental demand make this an outstanding investment opportunity. Opportunities like this in the downtown core are rare—schedule your showing today!
Presented By: KELLER WILLIAMS GAINESVILLE REALTY PARTNERS with 352-240-0600. - 352-240-0600

Interior Features for 228 & 232 NW 4TH AVENUE

Bedrooms

Total Bedrooms5

Bathrooms

Half Baths0
Total Baths3

Other Interior Features

LivingAreaSourcepublic records
Air Conditioning Y/NYes
Fireplace Y/NNo
Flooringtile, hardwood
Heating Y/NYes
Interior Amenitiesprimary bedroom main floor
Laundry Featuresnone
Total Stories1

General for 228 & 232 NW 4TH AVENUE

Additional Parcels Y/NNo
Appliancescooktop, electric water heater, refrigerator
Building Area Unitssquare feet
Carport Y/NNo
Citygainesville
Construction Materialswood frame
Coolingwall/window unit(s)
Countyalachua
Directionsfrom main street traveling south, take a right on 4th ave. property is on your right.
Facing Directionsouth
Flood Zone Codex
Flood Zone Code XY
Full Baths3
Garage Y/NNo
HOANo
Heatingwall units / window unit
Land Lease Y/NNo
Lease Considered Y/NYes
Legal Descriptionbrush addn db o-218 bk 16 plat of bk 16 pb a-88 w 1/2 of lot 5 & e 40 ft of lot 8 or 4482/0243
Levelsone
Listing Termscash, conventional
Living Area Unitssquare feet
Lot Size Square Feet8712
Lot Size Unitssquare feet
MLS Area32601 - gainesville
Minimum Leaseno minimum
ModificationTimestamp2025-04-29t10:53:14.983z
New ConstructionNo
Occupancy Typetenant
Other Structuresadditional single family home
Ownershipfee simple
Property Attached Y/NNo
Property Subtypesingle family residence
Property Typeresidential
Roofshingle
STELLAR_InLawSuiteYNNo
Senior Community Y/NNo
Sewerpublic sewer
Standard Statusactive
Statusactive
Subdivision Namebrush add to gville
Tax Annual Amount4766.11
Tax Lot5
Tax Year2024
Total Rooms3
Utilitieselectricity connected, sewer connected, water connected
Water Access Y/NNo
Water View Y/NNo
Waterfront Y/NNo
Year Built1949
Zoningrc

Exterior for 228 & 232 NW 4TH AVENUE

Building Area Total2850
Exterior Amenitiessidewalk
Foundation Detailscrawlspace
Lot Size Acres0.2
Lot Size Area8712
Private PoolNo
Road Surface Typeasphalt
Water Sourcepublic

Additional Details

Price History

Andre LaFountain

Realtor / Coach
Price $650,000
MLS#GC530419
List Date 04/29/2025
Property Type Single Family
Phone 518.569.7173
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Location
  • Babcock Ranch