Gainesville, FL 32601,1016 NW 4TH AVE
$388,000
Est. payment /mo
$399,000
2.8%
Est.Price: ?

For more information regarding the value of a property, please contact us for a free consultation.

4 Beds
2 Baths
1,508 SqFt
SOLD DATE : 06/03/2025

Key Details

Sold Price $388,000

Property Type Multi-Family

Sub Type Duplex

Listing Status Sold

Purchase Type For Sale

Square Footage 1,508 sqft

Price per Sqft $257

Subdivision Browns Add -Hickson Rep

MLS Listing ID GC529541

Sold Date 06/03/25

Bedrooms 4

HOA Y/N No

Year Built 1947

Annual Tax Amount $4,106

Lot Size 5,227 Sqft

Acres 0.12

Property Sub-Type Duplex

Source Stellar MLS

Property Description

One or more photo(s) has been virtually staged. Prime Investment Opportunity. This updated duplex offers a solid investment with a proven rental history. This concrete block property encompasses 1,500 sq.ft. of total living space with two units each having 2 bedrooms and 1 bathroom. Located less than 0.5 mile to the University of Florida campus (8 min. walk), and just minutes to midtown and downtown, the property boasts a highly desirable location. The downstairs unit features tile flooring and in 2023, underwent rewiring and received a new mini-split system, enhancing energy efficiency and comfort (currently leased through July 31, 2025). Both kitchens have been updated with new cabinets, stainless appliances and granite countertops, blending modern convenience with classic appeal. Parking available for one vehicle each unit along with off-street parking, and the property includes essential appliances such as a range/ovens, refrigerators and microwaves with onsite laundry. The downstairs unit has tile flooring and the upstairs has heart pine floors. Upstairs leased through July 31, 2026. Offered in as-is condition, this duplex presents a turnkey investment in a prime Gainesville location. Perfect set up to live in one unit and rent the other, save $ on dorm and apartment fees. Reach out today to schedule a showing.

Location

State FL

County Alachua

Community Browns Add -Hickson Rep

Area 32601 - Gainesville

Zoning RMF5

Interior

Interior Features Solid Surface Counters

Heating Space Heater, Ductless

Cooling Ductless, Wall/Window Unit(s)

Flooring Tile, Wood

Fireplace false

Appliance Microwave, Range, Refrigerator

Laundry Common Area, Outside

Exterior

Exterior Feature Outbuildings

Parking Features Off Street, Parking Pad

Utilities Available BB/HS Internet Available, Cable Available, Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected

Roof Type Shingle

Garage false

Private Pool No

Building

Entry Level Two

Foundation Concrete Perimeter

Lot Size Range 0 to less than 1/4

Sewer Public Sewer

Water Public

Structure Type Asbestos,Concrete

New Construction false

Schools

Elementary Schools Carolyn Beatrice Parker Elementary

Middle Schools Westwood Middle School-Al

High Schools Gainesville High School-Al

Others

Senior Community No

Ownership Fee Simple

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Special Listing Condition None

Read Less Info

Want to know what your home might be worth? Contact us for a FREE valuation!

Submit

Our team is ready to help you sell your home for the highest possible price ASAP


Stellar MLS
Listed by RE/MAX PROFESSIONALS
Bought with SUSKIN REALTY INC
agent-avatar

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(813) 416-7596

luis.chap@icloud.com

6175 NW 153rd St Suite 400, Lakes, FL, 33014

GET MORE INFORMATION

Name
Phone*
Message