• Type
  • Multi Family, Residential Income
  • 3925 Sqft
  • Area Size
  • 0.27 Acres
  • Land Area
  • 1959
  • Year Built

1401 NW 5TH AVENUE, Gainesville, FL 32603

  • $1,050,000.00
  • $1,175,000.00
  • Address: 1401 NW 5TH AVENUE
  • City: GAINESVILLE
  • State/county: FL
  • Zip/Postal Code: 32603
  • Area: BROWN B W

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!

Details

  • Property ID GC533421
  • Price $1,050,000.00
  • Property Size 3925 sqft
  • Land Area 0.27 sqft
  • Garage Size x x
  • Year Built 1959
  • Type Multi Family, Residential Income
  • Property Status Active, For Sale

Additional details

  • Roof Shingle
  • Utilities Public
  • Sewer Public Sewer
  • Cooling Wall/Window Unit(s)
  • Heating Ductless
  • County Alachua
  • Property Type Residential Income

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All information contained herein is deemed accurate but is to be verified by the purchaser. Buyer's Agent is responsible for their due diligence, including but not limited to verifying community information and rules, square feet, room dimensions and taxes, lot size, utility data, and school assignments. Room sizes and square footage are approximate and should be independently verified by the buyer/buyer's agent.

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