New Roof Installed October 2024. Now offering $5,000 credits for closing or rate buy downs. Discover this exceptional investment opportunity in the heart of Gainesville! This property has been owned by the same owner as an investment for 30 years and now it's your turn. One side is vacant. A great potential to live in one side and rent the other. Nestled in the peaceful and desirable Pine Forest Estates, this well-maintained duplex offers the perfect blend of comfort, convenience, and potential rental income. Currently rented on both sides of this duplex, with a large lot and fenced in yard. This property is close to schools, shopping, dining, and the University of Florida. it would be ideal for investors or homeowners looking to live in one unit and rent out the other. Don’t miss out on this unique opportunity to own a duplex in the heart of Gainesville. Unit 1: 2 Bedrooms, 1 Bathrooms Unit 2: 2 Bedrooms, 1 Bathrooms Lot Size: 1.15 acres Parking: Ample parking for residents and guests (4 spaces) Outdoor Space: Spacious backyard with mature trees, fenced in yard
Sold for $220,000 on 04/29/25
$220,000
203 NE 40th Ln, Gainesville, FL 32609
4beds
1,800sqft
Condominium
Built in 1983
-- sqft lot
$220,100 Zestimate®
$122/sqft
$2,045 Estimated rent
What's special
Zillow last checked: 7 hours ago
Listing updated: May 01, 2025 at 10:51am
Listing Provided by:
Kayla Camps 352-391-2953,
BOFFO REAL ESTATE GROUP LLC 352-427-1072,
Jimmy Cooke II 352-427-1072,
EXP REALTY LLC
Bought with:
Ryan Swanson, 3403001
MATCHMAKER REALTY OF ALACHUA COUNTY
Source: Stellar MLS,MLS#: G5085813
Originating MLS: Ocala - Marion

Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 2
- Full bathrooms: 2
Primary bedroom
- Features: Built-in Closet
- Level: First
Primary bathroom
- Level: First
Kitchen
- Level: First
Living room
- Level: First
Heating
- Central
Cooling
- Central Air
Appliances
- Included: Dishwasher, Exhaust Fan, Microwave, Range, Refrigerator
- Laundry: Inside
Features
- Ceiling Fan(s)
- Flooring: Tile
- Has fireplace: No
Interior area
- Total structure area: 1,800
- Total interior livable area: 1,800 sqft
Property
Features
- Levels: One
- Stories: 1
- Exterior features: Other
Lot
- Size: 1.15 Acres
Details
- Parcel number: 07965004047
- Zoning: RMF5
- Special conditions: None
Construction
Type & style
- Home type: Condo
- Property subtype: Condominium
Materials
- Concrete
- Foundation: Slab
- Roof: Shingle
Condition
- New construction: No
- Year built: 1983
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Cable Connected, Electricity Connected, Sewer Connected, Water Connected
Community & neighborhood
Community
- Community features: None
Location
- Region: Gainesville
- Subdivision: PINE FOREST ESTATES
HOA & financial
HOA
- Has HOA: No
- Services included: None
Other fees
- Pet fee: $0 monthly
Other financial information
- Total actual rent: 24000
Other
Other facts
- Ownership: Fee Simple
- Road surface type: Asphalt
Services availability

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Sell for more on Zillow
Get a free Zillow Showcase℠ listing and you could sell for .
$220,100
2% more+ $4,402
With Zillow Showcase(estimated)
$224,502