1509 NE 5TH AVE, Gainesville, FL 32641
$214,000
Est. payment /mo
$220,000
2.7%
Est.Price: ?

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12 Beds
4 Baths
1,587 SqFt
SOLD DATE : 09/11/2026

Key Details

Sold Price $214,000

Property Type Multi-Family

Sub Type Duplex

Listing Status Sold

Purchase Type For Sale

Square Footage 1,587 sqft

Price per Sqft $134

Subdivision New Gainesville

MLS Listing ID GC542741

Sold Date 09/11/26

Bedrooms 12

HOA Y/N No

Year Built 1980

Annual Tax Amount $2,909

Lot Size 0.280 Acres

Acres 0.28

Property Sub-Type Duplex

Source Stellar MLS

Property Description

Investors!!! Priced to Sell!!! This NE Gainesville duplex offers a turnkey opportunity for investors seeking immediate cash flow in a high-demand rental market.
Unit Configuration: Two identical units, each featuring 2 bedrooms, 1 bathroom, a flex room, a living room, and a full kitchen.
Low-maintenance flooring with tile floors—no carpets.
Size: Approximately 793.5 sq. ft. each side (1,587 total sq. ft.).
Outdoor Space: Oversized backyard that backs directly onto a public playground, providing a rare amenity for families. Fully fenced in.
Immediate Income: Both units are currently occupied, allowing for a seamless transition of rental revenue.
Prime Location: Proximity to downtown Gainesville, local schools, and major shopping centers ensures long-term tenant desirability.
Growth Area: Gainesville's steady rental market is bolstered by its proximity to the University of Florida and regional medical centers.
This property is priced right and sold as is! Bring all offers.

Location

State FL

County Alachua

Community New Gainesville

Area 32641 - Gainesville

Zoning RC

Interior

Interior Features Ceiling Fans(s)

Heating Electric

Cooling Central Air

Flooring Tile, Vinyl

Furnishings Unfurnished

Fireplace false

Appliance Electric Water Heater, Range, Refrigerator

Laundry None

Exterior

Exterior Feature Private Entrance, Private Mailbox, Private Yard

Utilities Available Electricity Connected, Sewer Connected, Underground Utilities

View Y/N No

Water Access No

View Park/Greenbelt

Roof Type Shingle

Garage false

Private Pool No

Building

Lot Description Paved

Entry Level One

Foundation Slab

Lot Size Range 1/4 to less than 1/2

Sewer Public Sewer

Water Public

Structure Type Block

New Construction false

Others

Pets Allowed Cats OK, Dogs OK

Senior Community No

Ownership Fee Simple

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Num of Pet 2

Special Listing Condition None

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Stellar MLS
Listed by Deena Erickson-Klacko EXP REALTY LLC
Bought with Non-Member Agent STELLAR NON-MEMBER OFFICE

Nearby Locations

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Khadija Webber

Khadija Webber

+1(407) 592-2166

Professional Real Estate Agent License ID: 3268094

Professional Real Estate Agent License ID: 3268094

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