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For sale
  • $650,000

    228 & 232 NW 4th Ave, Gainesville, FL 32601

    5beds
    2,498sqft
    : 
    Single Family Residence
    Built in 1949
    8,712 Square Feet Lot
    $-- Zestimate®
    $260/sqft
    $-- HOA

    What's special

    Charming single-family homeFenced-in backyardCozy back porchUnique outdoor spaces
    You must see this 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 (through end of July), providing immediate rental income as you plan your improvements. Continue renting out homes or keep them for yourself! 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 option. Opportuities like this in the downtown core are rare—schedule your showing today!
    103 days
    on Zillow
    |
    371
    |
    16
    |

    Zillow last checked: 7 hours ago

    Listing updated: May 05, 2025 at 02:24pm

    Listing Provided by:

    Zoma De Las Estrellas 352-246-6765,

    KELLER WILLIAMS GAINESVILLE REALTY PARTNERS 352-240-0600

    Source: Stellar MLS,MLS#: GC530419MLS LogoOriginating MLS: Orlando Regional

    Travel times

    Tour with a buyer's agent

    We'll find a local expert to take you on a private tour of 228 & 232 NW 4th Ave.

    Next available tour time:Tomorrow at 11am

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 5
    • Bathrooms: 3
    • Full bathrooms: 3
    Primary bedroom
    • Features: Built-in Closet
    • Level: First
    Kitchen
    • Level: First
    Living room
    • Level: First
    Heating
    • Wall Units / Window Unit
    Cooling
    • Wall/Window Unit(s)
    Appliances
    • Included: Cooktop, Electric Water Heater, Refrigerator
    • Laundry: None
    Features
    • Primary Bedroom Main Floor
    • Flooring: Tile, Hardwood
    • Has fireplace: No
    Interior area
    • Total structure area: 2,850
    • Total interior livable area: 2,498 sqft

    Property

    Features
    • Levels: One
    • Stories: 1
    • Exterior features: Sidewalk
    Lot
    • Size: 8,712 Square Feet
    Details
    • Additional structures: Residence
    • Parcel number: 14228000000
    • Zoning: RC
    • Special conditions: None

    Construction

    Type & style
    • Home type: SingleFamily
    • Property subtype: Single Family Residence
    Materials
    • Wood Frame
    • Foundation: Crawlspace
    • Roof: Shingle
    Condition
    • New construction: No
    • Year built: 1949

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public
    • Utilities for property: Electricity Connected, Sewer Connected, Water Connected

    Community & HOA

    Community
    • Subdivision: BRUSH ADD TO GVILLE
    HOA
    • Has HOA: No
    • Pet fee: $0 monthly
    Location
    • Region: Gainesville

    Financial & listing details

    • Price per square foot: $260/sqft
    • Annual tax amount: $4,766
    • Date on market: 4/28/2025
    • Listing terms: Cash,Conventional
    • Ownership: Fee Simple
    • Total actual rent: 0
    • Electric utility on property: Yes
    • Road surface type: Asphalt
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