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408 NW 5th Avenue , Gainesville, FL 32601

$374,900

SAVE TOUR THIS HOME

SQUARE FEET1,560 MLS#GC538961

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408 NW 5th Avenue , Gainesville, FL 32601

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Property Description

This very well maintained duplex is located 3 minutes from the University of Florida in the heart of the Duckpond Historic District! Both units are 2 bedroom/1 bathroom with updated plumbing; currently operated as a short-term rentals, grossing $41,138.30 in the trailing 12 months. Large already cleared lot with plenty of room for development of additional units. Professionally managed, current management would like to continue their services for the incoming buyer. Net income is pro-forma estimate. This is a great opportunity for an investor, owner occupant buyer, and/or a developer.

408 NW 5th Avenue | MLS# GC538961

This multi-family property located at 408 NW 5th Avenue , Gainesville, FL 32601 is currently listed for sale with an asking price of $374,900. Search Gainesville real estate on sandyrudolph.watsonrealtycorp.com today.

Property Features

Property Type: Multi Unit - Multiple

Cooling: Central Air

Heating: Central

Lot Size: 0.20 Acres

Roof Type: Shingle

Taxes: $3,275

Year Built: 1992

Square Feet: 1,560

Amenities

Living Room/Dining Room Combo

Stone Counters

Thermostat

Fence

Private Entrance

Private Yard

Storage

Feature Descriptions

Annual Net Income: 37862.33

Days on Site: 7

Directions: From the major intersection of University Avenue and Main Street in downtown Gainesville, head north on Main Street, turn left onto NW 5th Avenue; the property at 408 NW 5th Ave will be on your right.

Exterior: Frame, Wood Siding

Flood Zone Code: X

Flooring: Luxury Vinyl, Tile

Foundation: Block

Home Warranty Y/N: No

Listing Terms: Cash, Conventional, FHA, VA Loan

Lot Dimensions: 0.2

Other Equipment: Private Entrance, Private Yard

Ownership: Fee Simple

Parking: Curb Parking, Driveway, Ground Level, Off Street, On Street

Parking Notes: Curb Parking, Driveway, Ground Level, Off Street, On S

Patio/Porch: Covered, Enclosed, Front Porch, Screened, Side Porch

Property Attached Y/N: No

Property Sub-Type: Duplex

Sewer: Public Sewer

Showing Instructions: Call Listing Agent, Lock Box Coded

Special Sale Provisions: None

Utilities: Cable Connected, Electricity Connected

Water: Public

Water Access Y/N: No

Zoning: PD

Listed By / Shown By

Listed By

Agency Name: BRG REALTY VENTURES LLC
Agency Contact: 352-871-8324

Shown By

Agent Name: Sandra Rudolph
Agent Phone: (863) 640-8258
Agency Title: Watson Realty Corp., REALTORS ®

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Estimated Payment

$ 2,277.96 per month $1,895.70 Principal & Interest $272.92 Property Tax $109.35 Homeowner's Insurance

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408 NW 5th Avenue , Gainesville, FL 32601

$374,900

SAVE TOUR THIS HOME

Disclaimer: All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information on this site was last updated 04/08/2026. The listing information on this page last changed on 04/08/2026. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of Delta Media Group MLS (last updated Wed 04/08/2026 12:00:00 AM EST) or GAMLS (last updated Tue 04/07/2026 11:15:01 PM EST) or Stellar MLS (last updated Tue 04/07/2026 11:44:07 PM EST) or SPC MLS (last updated Tue 04/07/2026 11:20:24 PM EST) or Martin MLS (last updated Tue 04/07/2026 11:38:10 PM EST) or Indian River MLS (last updated Tue 04/07/2026 11:30:19 PM EST) or Daytona MLS (last updated Tue 04/07/2026 11:36:43 PM EST) or Northeast Florida MLS (last updated Tue 04/07/2026 11:48:40 PM EST) or Beaches MLS (last updated Tue 04/07/2026 11:56:54 PM EST) or BORMLS (last updated Tue 04/07/2026 11:14:51 PM EST) or Golden Isles MLS (last updated Tue 04/07/2026 11:26:35 PM EST) or Amelia/Nassau MLS (last updated Tue 04/07/2026 11:25:13 PM EST) or Dixie Gilchrist Levy MLS (last updated Tue 04/07/2026 11:42:16 PM EST) or NFLMLS (last updated Tue 04/07/2026 9:04:51 PM EST). Real estate listings held by brokerage firms other than Watson Realty Corp., REALTORS ® may be marked with the Internet Data Exchange logo and detailed information about those properties will include the name of the listing broker(s) when required by the MLS. All rights reserved.

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