Asking Price
$ 220,000Status
Active1511 & 1509 NE 5TH AVE
GAINESVILLE, FL,32641, NEW GAINESVILLE
Overview
4 Bedrooms
2 Bathrooms
Garage
1,587 sqft
Year Built: 1980
School Nearby
Description
Investors!!! Priced to Sell!!! This NE Gainesville duplex offers a turnkey opportunity for investors seeking immediate cash flow in a high-demand rental market. Unit Configuration: Two identical units, each featuring 2 bedrooms, 1 bathroom, a flex room, a living room, and a full kitchen. Low-maintenance flooring with tile floors—no carpets. Size: Approximately 793.5 sq. ft. each side (1,587 total sq. ft.). Outdoor Space: Oversized backyard that backs directly onto a public playground, providing a rare amenity for families. Fully fenced in. Immediate Income: Both units are currently occupied, allowing for a seamless transition of rental revenue. Prime Location: Proximity to downtown Gainesville, local schools, and major shopping centers ensures long-term tenant desirability. Growth Area: Gainesville's steady rental market is bolstered by its proximity to the University of Florida and regional medical centers. This property is priced right and sold as is! Bring all offers.
Features
Status: Active
Beds: 4
Baths: 2
Square Footage: 1,587 Sq. Ft
HOA Fee: -
Property Type: 1/2 Duplex
MLS Number: GC539885
Days on Market: 1
Year Built: 1980
Lot Size:
County: Alachua
Taxes: $2,909.00
Address
1511 & 1509 NE 5TH AVE , GAINESVILLE ,FL
Listing provided by: EXP REALTY LLC, 888-883-8509
Asking Price
$220,000Status
ActiveSimilar Properties
Based on information submitted to the MLS GRID as of 04/29/2026 08:16. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.