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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

    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

    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#: G5085813MLS LogoOriginating 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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    An equal housing lender. NMLS #10287.

    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