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1032 NW 40TH Avenue

Gainesville, FL 32609
  • $145,000
  • STATUS: Active
  • ON SITE: 47 Days
  • MLS #: GC539805
UPDATED: 14 min ago
$145,000
  • 1
    BEDS
  • 0.12
    ACRES
  • 1
    BATHS
  • 0
    1/2 BATHS
  • 423
    SQFT
  • $343
    $/SQFT
Neighborhood:
Type:
Single-Family Home
Built:
1949
County:
Area:

School Ratings & Info

Description

Welcome to a property that doesn’t quite fit in a box—and honestly, that’s the best part. 1032 NW 40th Ave isn’t just a home… it’s an opportunity waiting for the right kind of buyer to recognize it. Right now, it’s successfully operating as both an Airbnb and a midterm rental, which means it’s already proven itself as an income-producing asset. Whether you’re looking to continue that momentum or pivot into something new, the groundwork is here. If you’ve been searching for your first home and everything feels either too “cookie cutter” or just slightly out of reach, this one offers a different path toward affordable living. Live in the main home and let the property work for you. Offset your mortgage. Create flexibility. Build something. An additional structure sits on the property, ready for its next chapter. With the right vision, this could become a guest suite, a studio, a private office, or even a future rental unit. The potential for a multifamily-style setup is there - property is zoned RMF5. Whether you’re an investor looking for your next income stream, or a buyer who wants more than just a place to live… this property gives you room to think bigger.

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© 2026 My Florida Regional MLS DBA Stellar MLS. All rights reserved. All listings displayed pursuant to IDX. All listing information is deemed reliable but not guaranteed and should be independently verified through personal inspection by appropriate professionals. Listings displayed on this website may be subject to prior sale or removal from sale; availability of any listing should always be independently verified. Listing information is provided for consumers personal, non-commercial use, solely to identify potential properties for potential purchase; all other use is strictly prohibited and may violate relevant federal and state law. Data last updated 2026-06-12T15:46:41.783.
www.teamsaveelanace.com/homes/175794254
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1032 NW 40TH Avenue Gainesville, FL 32609

  • Price: $145,000
  • Status: Active
  • On Site: 47 Days
  • Updated: 14 min ago
  • MLS #: GC539805
1
Beds
1
Baths
0
½ Baths
0.12
Acres
423
SQFT
$343
$/SQFT
1949
Built
Neighborhood:
Oak Hill
County:
Alachua
Area:
Gainesville
Property Description
Welcome to a property that doesn’t quite fit in a box—and honestly, that’s the best part. 1032 NW 40th Ave isn’t just a home… it’s an opportunity waiting for the right kind of buyer to recognize it. Right now, it’s successfully operating as both an Airbnb and a midterm rental, which means it’s already proven itself as an income-producing asset. Whether you’re looking to continue that momentum or pivot into something new, the groundwork is here. If you’ve been searching for your first home and everything feels either too “cookie cutter” or just slightly out of reach, this one offers a different path toward affordable living. Live in the main home and let the property work for you. Offset your mortgage. Create flexibility. Build something. An additional structure sits on the property, ready for its next chapter. With the right vision, this could become a guest suite, a studio, a private office, or even a future rental unit. The potential for a multifamily-style setup is there - property is zoned RMF5. Whether you’re an investor looking for your next income stream, or a buyer who wants more than just a place to live… this property gives you room to think bigger.
Exterior Features

Carport Yn No Construction Materials Other Direction Faces South Exterior Features Private MailboxPrivate Yard Foundation Details Crawlspace Pool Private Yn No Road Surface Type Paved Roof Shingle Water Access Yn No Water Extras Yn No Water View Yn No Waterfront Yn No

Interior Features

Appliances DishwasherDryerMicrowaveRangeWasher Building Area Total 513 Cooling Wall/Window Unit(s) Cooling YN Yes Fireplace Yn No Flooring Luxury Vinyl Furnished Unfurnished Heating Wall Units / Window Unit Heating YN Yes Interior Features Primary Bedroom Main Floor Laundry Features Laundry RoomOutside Levels One Rooms Living Room Kitchen Bathroom 1 Primary Bedroom (Built-in Closet) Sewer Public Sewer Stories Total 1 Water Source Public

Property Features

Additional Parcels YN No Association Approval Required Yn No Association Yn No Cdd Yn No Down Payment Resource Yes Flood Zone Code X Garage Yn No Homestead Yn No Lease Considered YN Yes Lease Restrictions YN No Listing Terms CashConventional Minimum Lease No Minimum New Construction Yn No Occupant Type Vacant Ownership Fee Simple Property Sub Type Single Family Residence Senior Community Yn No Special Listing Conditions None Tax Annual Amount 1786.47 Total Annual Fees 0 Total Monthly Fees 0 Utilities Electricity ConnectedSewer ConnectedWater Connected Zoning RMF5


Listing information © 2026 My Florida Regional MLS DBA Stellar MLS..
Listing provided courtesy of ANSON PROPERTIES LLC: 407-252-8240.



© 2026 My Florida Regional MLS DBA Stellar MLS. All rights reserved. All listings displayed pursuant to IDX. All listing information is deemed reliable but not guaranteed and should be independently verified through personal inspection by appropriate professionals. Listings displayed on this website may be subject to prior sale or removal from sale; availability of any listing should always be independently verified. Listing information is provided for consumers personal, non-commercial use, solely to identify potential properties for potential purchase; all other use is strictly prohibited and may violate relevant federal and state law. Data last updated 2026-06-12T15:46:41.783.
 
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Team Saveela & Keller Williams Gainesville Realty Partners
7584 NW 4th Blvd
Gainesville FL, 32607