Single Family Residence at 120 NW 9TH ST, GAINESVILLE
1 photo

$340,000

120 NW 9TH ST
GAINESVILLE, FL 32601
Listed by Jamie Williams · CORNERSTONE REALTY & MANAGEMENT SERVICES LLC
Bedrooms
3
Bathrooms
1
Living area
1,145 sqft
Year built
1930

About this home

Investment opportunity just steps from the University of Florida! This spacious two-story home features 3 bedrooms and 1 bathroom and is **leased through July 2027**, providing immediate, reliable rental income from day one. Inside, the home offers beautiful wood floors, an updated kitchen, generous living areas, and oversized bedrooms that are highly desirable for the UF rental market. The fenced backyard adds privacy and outdoor living space for tenants to enjoy. Located in an Opportunity Zone, this property also offers outstanding long-term potential. Whether you choose to continue generating rental income, expand the existing home, or explore future redevelopment opportunities (subject to local zoning and approvals), the possibilities are extensive.

Highlights

Fireplace

Property details

MLS #
MFRGC541982
Property type
Single Family Residence
Subdivision
BROWNS ADD W R THOMAS SUB
Status
Active
Days on market
1
On market date
July 15, 2026
Stories
N/A
Total bathrooms
1
Garage spaces
N/A
Parking spaces
N/A
Lot size
0.08 acres
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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).

Elementary
CAROLYN BEATRICE PARKER ELEMENTARY
0.88 mi away · Grades 0-5
Nearest school -- attendance-zone data not available here
3.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
527
Student:teacher ratio
16.0:1
District
ALACHUA
MiddleCharter
RESILIENCE CHARTER SCHOOL INC
1.57 mi away · Grades 6-8
Nearest school -- attendance-zone data not available here
1.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
114
Student:teacher ratio
22.8:1
District
ALACHUA
High
A.QUINN JONES CENTER
0.35 mi away · Grades 6-12
Nearest school -- attendance-zone data not available here
5.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
65
Student:teacher ratio
4.3:1
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).

96
Highly walkable
out of 100
EPA National Walkability Index
18.5 / 20 -- Most walkable
Google Places amenity density
100 / 100
Restaurants & cafes20
Grocery stores9
Parks20
Schools20
Transit stops20
Pharmacies5

Market position

How this listing compares to current activity in GAINESVILLE, from live MLS data.

On the market 1 days -- 96 fewer days than GAINESVILLE's current average of 97 days.
For reference, the median list price across 1,459 active listings in GAINESVILLE right now is $224,900.

Mortgage calculator

Estimate only - actual rate and payment depend on your lender, credit, and loan program.

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Est. monthly payment
$2,198/mo
$68,000 down
$272,000 loan
Principal & interest$1,764
Property tax (est.)$283
Home insurance (est.)$150

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Data source: Listing information provided by Stellar MLS (mfrmls) via Trestle/CoreLogic. Last updated July 16, 2026.

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.