Duplex at 232 NW 4TH AVE, GAINESVILLE
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39 photos

$325,000

232 NW 4TH AVE
GAINESVILLE, FL 32601
Listed by Zoma De Las Estrellas · KELLER WILLIAMS GAINESVILLE REALTY PARTNERS
Bedrooms
3
Bathrooms
N/A
Living area
1,475 sqft
Year built
1930

About this home

You must see this investment opportunity just steps from the heart of Downtown Gainesville! Located at 232 NW 4th Ave, this income-producing property is a 2/1 single family home with a 1/1 attached unit (functioning as a duplex) and offers tremendous potential for renovation, rental income, or redevelopment. Each unit offers unique outdoor spaces: the front unit boasts a welcoming open front porch with swing, while the back unit enjoys its own fenced area and a cozy back porch. It is tenant occupied through end of July 2027. The unbeatable downtown location, flexible zoning, and strong rental demand make this an outstanding investment option. Opportunities like this in the Gainesville downtown core are rare - schedule your showing today!

Property details

MLS #
MFRGC537249
Property type
Duplex
Subdivision
BRUSH ADD TO GVILLE
Status
Active
Days on market
173
On market date
February 4, 2026
Stories
N/A
Total bathrooms
N/A
Garage spaces
N/A
Parking spaces
N/A
Lot size
0.1 acres
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Nearby schools

Within 10 miles · public school directory data (NCES)

Elementary
CAROLYN BEATRICE PARKER ELEMENTARY
1.25 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
1.21 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
0.55 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: EPA's National Walkability Index (street network, transit, land-use mix) combined with nearby-amenity density. 60% EPA National Walkability Index + 40% nearby-amenity density (Google Places).

94
Highly walkable
out of 100
EPA National Walkability Index
18.0 / 20 -- Most walkable
Nearby-amenity density
100 / 100
Restaurants & cafes20
Grocery stores11
Parks20
Schools20
Transit stops20
Pharmacies8

Market position

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

On the market 173 days -- 78 more days than GAINESVILLE's current average of 95 days.
For reference, the median list price across 1,428 active listings in GAINESVILLE right now is $225,000.

Mortgage calculator

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

$
%
%
Adjust tax / insurance estimates
% / yr
$
/mo
Est. monthly payment
$2,107/mo
$65,000 down
$260,000 loan
Principal & interest$1,686
Property tax (est.)$271
Home insurance (est.)$150

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Data source: Listing information provided by Stellar MLS (mfrmls) via Trestle/CoreLogic. Last updated August 21, 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.