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408 NW 5TH Avenue

Gainesville, FL 32601
  • $374,900
  • STATUS: Active
  • ON SITE: 12 Days
  • MLS #: GC538961
$374,900
  • 4
    BEDS
  • 0.2
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 1,560
    SQFT
  • $240
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1992
County:
Area:

School Ratings & Info

Description

This very well maintained duplex is located 3 minutes from the University of Florida in the heart of the Duckpond Historic District! Both units are 2 bedroom/1 bathroom with updated plumbing; currently operated as a short-term rentals, grossing $41,138.30 in the trailing 12 months. Large already cleared lot with plenty of room for development of additional units. Professionally managed, current management would like to continue their services for the incoming buyer. Net income is pro-forma estimate. This is a great opportunity for an investor, owner occupant buyer, and/or a developer.

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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 2026-04-12T23:43:26.453.
www.teamsaveelanace.com/homes/174598856
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408 NW 5TH Avenue Gainesville, FL 32601

  • Price: $374,900
  • Status: Active
  • On Site: 12 Days
  • MLS #: GC538961
4
Beds
0
Baths
0
½ Baths
0.2
Acres
1,560
SQFT
$240
$/SQFT
1992
Built
Neighborhood:
Brush Add To Gville
County:
Alachua
Area:
Gainesville
Property Description
This very well maintained duplex is located 3 minutes from the University of Florida in the heart of the Duckpond Historic District! Both units are 2 bedroom/1 bathroom with updated plumbing; currently operated as a short-term rentals, grossing $41,138.30 in the trailing 12 months. Large already cleared lot with plenty of room for development of additional units. Professionally managed, current management would like to continue their services for the incoming buyer. Net income is pro-forma estimate. This is a great opportunity for an investor, owner occupant buyer, and/or a developer.
Exterior Features

Carport Yn No Construction Materials Wood FrameWood Siding Exterior Features FencedPrivate EntrancePrivate YardStorage Foundation Details Block Open Parking YN Yes Parking Features Curb ParkingDrivewayGround LevelOff StreetOn Street Patio And Porch Features CoveredEnclosedFront PorchScreenedSide Porch 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

Cooling Central Air Cooling YN Yes Fireplace Yn No Flooring Luxury VinylTile Heating Central Heating YN Yes Interior Features Living Room/Dining Room ComboStone CountersThermostat Laundry Features Electric Dryer HookupInsideLaundry RoomWasher Hookup Sewer Public Sewer Water Source Public

Property Features

Annual Net Income 37862.33 Association Approval Required Yn No Association Yn No Cdd Yn No Down Payment Resource Yes Flood Zone Code X Garage Yn No Lease Considered YN Yes Lease Restrictions YN No Listing Terms CashConventionalFHAVA Loan Minimum Lease No Minimum New Construction Yn No Ownership Fee Simple Property Sub Type Duplex Senior Community Yn No Special Listing Conditions None Tax Annual Amount 3275.97 Total Annual Fees 0 Total Monthly Fees 0 Utilities Cable ConnectedElectricity Connected Zoning PD


Listing information © 2026 My Florida Regional MLS DBA Stellar MLS..
Listing provided courtesy of BRG REALTY VENTURES LLC: 352-871-8324.



© 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 2026-04-12T23:43:26.453.
 
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Team Saveela & Keller Williams Gainesville Realty Partners
7584 NW 4th Blvd
Gainesville FL, 32607