1401 NW 5th Avenue, GAINESVILLE, FL 32603

Local realty services provided by:Better Homes and Gardens Real Estate Thomas Group
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1401 NW 5th Avenue,GAINESVILLE, FL 32603
$1,500,000
Virtual Tour
  • 6 Beds
  • 6 Baths
  • 3,300 sq. ft.
  • Single family
  • Active
Listed by:jamie williams, llc.
Office:broxson real estate group
MLS#:GC532878
Source:MFRMLS

Price summary

  • Price:$1,500,000
  • Price per sq. ft.:$382.17

About this home

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.

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Home facts

  • Year built:1959
  • Listing Id #:GC532878
  • Added:16 day(s) ago
  • Updated:August 14, 2025 at 12:29 PM

Rooms and interior

  • Bedrooms:6
  • Total bathrooms:6
  • Full bathrooms:6
  • Living area:3,300 sq. ft.

Heating and cooling

  • Cooling:Wall/Window Unit(s)
  • Heating:Ductless

Structure and exterior

  • Roof:Shingle
  • Year built:1959
  • Building area:3,300 sq. ft.
  • Lot area:0.27 Acres

Utilities

  • Water:Public
  • Sewer:Public, Public Sewer

Finances and disclosures

  • Price:$1,500,000
  • Price per sq. ft.:$382.17
  • Tax amount:$9,296 (2024)
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