GNV.realestate
352-538-1092

Property MLS #530419

Property Features

Address:
228 & 232 NW 4TH AVENUE
Gainesville, FL 32601

List Price: $650,000
Year Built: 1949
Square Feet: 2,498 sqft.
Price Per Sqft.: $260.21
Bedrooms: 5
Bathrooms: 3 Full Subdivision: Brush Add to Gville
Parking:

Acreage: 0.2
Waterfront/Waterview: N/A
Exterior Features:
HVAC:
MLS Number: 530419

For more information on this property, please call 352-538-1092.

Remarks:
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!

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