$315,000
About this home
Discover a rare gem in the heart of Downtown Gainesville – two beautifully updated vintage homes on a single lot with a BONUS lot included in the sale! This unique property offers an exceptional opportunity for savvy buyers. Both homes have undergone extensive renovations, featuring new roofs, AC units, plumbing, windows, and more, blending classic charm with modern comforts. The front home, a cozy 784 sq ft, 2-bedroom, 1-bath retreat, is currently leased for $1382/month through 9/3/26. The back home, a slightly larger 896 sq ft, 2-bedroom, 1-bath residence, is leased for $1,325/month through 1/30/2027. Perfectly situated, you can stroll to Depot Park or the vibrant downtown area in minutes. This property is ideal for an owner-occupant seeking to live in one home while renting out the other for steady income. With a proven rental history, these two homes are a steal at this price – essentially two homes for the price of one. Located in a rapidly appreciating area, with new construction taking place all around, this is an unbeatable investment in a prime, up-and-coming neighborhood!
Property details
- MLS #
- MFRGC538266
- Property type
- Duplex
- Subdivision
- GAINESVILLE MCDOWALLS ADD
- Status
- Active
- Days on market
- 157
- On market date
- March 9, 2026
- Stories
- N/A
- Total bathrooms
- N/A
- Garage spaces
- N/A
- Parking spaces
- N/A
- Lot size
- 0.17 acres
Location
Get directions →Nearby schools
Within 10 miles. School directory data from the National Center for Education Statistics (NCES), accessed via the Urban Institute Education Data API. Local Score is calculated by INNOVATE Real Estate; where a state rating is shown, it comes from that state's own official school report card (e.g. NC Dept. of Public Instruction, SC Report Card).
- Enrollment
- 479
- Student:teacher ratio
- 16.0:1
- District
- ALACHUA
- Enrollment
- 735
- Student:teacher ratio
- 24.5:1
- District
- ALACHUA
- Enrollment
- 48
- District
- ALACHUA
Walkability
Blended score for GAINESVILLE's center, calculated by INNOVATE Real Estate from two sources: the EPA's National Walkability Index (street network, transit, land-use mix) and Google Places amenity data (what's actually reachable on foot from this point). 60% EPA National Walkability Index + 40% nearby-amenity density (Google Places).
Market position
How this listing compares to current activity in GAINESVILLE, from live MLS data.
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Data source: Listing information provided by Stellar MLS (mfrmls) via Trestle/CoreLogic. Last updated 10 days ago.
Information herein deemed reliable but not guaranteed; all measurements, school assignments, HOA fees, taxes, and feature lists are approximate and should be independently verified. Equal Housing Opportunity.