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1401 NW 5TH Avenue

Gainesville, FL 32603
  • $915,000
  • STATUS: Closed
  • ON SITE: 298 Days
  • MLS #: GC533421
Sold - 04/06/2026
$915,000
SOLD - 04/06/2026
  • 0
    BEDS
  • 0.27
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 3,300
    SQFT
  • $277
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1959
County:
Area:

School Ratings & Info

Description

Prime UF Investment Opportunity – 6 Income-Producing 1BR Units Just 4 Blocks from Campus! Wake up and be in the heart of campus in under 5 minutes! This rare opportunity to own six income-generating 1BR/1BA units in the highly desirable U5 zoning district is perfect for investors seeking consistent rental income and long-term appreciation. Located just four blocks from UF’s Business School and caddy-corner to the Gate gas station, this property offers unbeatable walkability for students and professionals alike. Five of the six units are currently leased through July 2026, providing immediate and stable cash flow. One unit is currently vacant—ideal for a new owner to renovate or lease at market rate. Whether you’re expanding your portfolio or making your first leap into student housing, this property checks all the boxes: location, zoning, and income. Don’t miss this rare multifamily gem in one of Gainesville’s highest-demand rental corridors. All units have parking and additional parking spaces to sell!

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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 2026-06-14T07:46:16.73.
www.teamsaveelanace.com/homes/167056109
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1401 NW 5TH Avenue Gainesville, FL 32603

  • Price: $1,050,000
  • Status: Closed
  • On Site: 298 Days
  • Updated: 55 min ago
  • MLS #: GC533421
0
Beds
0
Baths
0
½ Baths
0.27
Acres
3,300
SQFT
$277
$/SQFT
1959
Built
Neighborhood:
Brown B W
County:
Alachua
Area:
Gainesville
Property Description
Prime UF Investment Opportunity – 6 Income-Producing 1BR Units Just 4 Blocks from Campus! Wake up and be in the heart of campus in under 5 minutes! This rare opportunity to own six income-generating 1BR/1BA units in the highly desirable U5 zoning district is perfect for investors seeking consistent rental income and long-term appreciation. Located just four blocks from UF’s Business School and caddy-corner to the Gate gas station, this property offers unbeatable walkability for students and professionals alike. Five of the six units are currently leased through July 2026, providing immediate and stable cash flow. One unit is currently vacant—ideal for a new owner to renovate or lease at market rate. Whether you’re expanding your portfolio or making your first leap into student housing, this property checks all the boxes: location, zoning, and income. Don’t miss this rare multifamily gem in one of Gainesville’s highest-demand rental corridors. All units have parking and additional parking spaces to sell!
Exterior Features

Carport Yn No Construction Materials Block Exterior Features Other Foundation Details Slab Pool Private Yn No Road Surface Type Asphalt Roof Shingle Water Access Yn No Water Extras Yn No Water View Yn No Waterfront Feet Total 0 Waterfront Yn No

Interior Features

Building Area Total 3925 Cooling Wall/Window Unit(s) Cooling YN Yes Fireplace Yn No Heating Wall Units / Window Unit Heating YN Yes Interior Features Ceiling Fan(s) Laundry Features None Sewer Public Sewer Water Source Public

Property Features

Annual Net Income 70000 Association Approval Required Yn No Association Yn No Cdd Yn No Flood Zone Code X Garage Yn No Lease Considered YN Yes Lease Restrictions YN No New Construction Yn No Ownership Other Property Sub Type Multi Family (5+) Senior Community Yn No Special Listing Conditions None Tax Annual Amount 9296 Total Annual Fees 0 Total Monthly Fees 0 Utilities Public Zoning RMF8


Listing information © 2026 My Florida Regional MLS DBA Stellar MLS..
Listing provided courtesy of CORNERSTONE REALTY & MANAGEMENT SERVICES LLC: 352-262-4914.



© 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 2026-06-14T07:46:16.73.
 
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Team Saveela & Keller Williams Gainesville Realty Partners
7584 NW 4th Blvd
Gainesville FL, 32607