1424 NE 1st Avenue, Gainesville, FL 32641

Gainesville
Local realty services provided by:Better Homes and Gardens Real Estate Thomas Group
1424 NE 1st Avenue,Gainesville, FL 32641
$164,900
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  • 2 Beds
  • 1 Baths
  • 922 sq. ft.
  • Single family
  • Active
Listed by: austin young
Office: arium real estate, llc.
MLS#:GC539656
Source:MFRMLS

Price summary

  • Price:$164,900
  • Price per sq. ft.:$178.85

About this home

INVESTORS, HOUSE HACKERS, AND FIRST-TIME HOME BUYERS... YOU DON'T WANT TO MISS THIS! Welcome to 1424 NE 1st Ave - an affordable opportunity with HUGE income potential just minutes from the University of Florida and downtown Gainesville. Whether you are a first-time homebuyer looking to offset your future housing costs or an investor searching for your next value-add property, this one stands out from the crowd. This 2 bedroom, 1 bathroom home offers 922 square feet of living space on a spacious lot with U2 zoning, creating the potential for an Accessory Dwelling Unit (ADU) and additional income opportunities over time. Opportunities at this price point with flexible zoning this close to UF are becoming increasingly difficult to find. The existing home is projected to rent for approximately $1,300 to $1,500 a month, while a future ADU could potentially generate an additional $900 to $1,400 a month depending on configuration and use. Preliminary contractor pricing for ADU...

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Home facts

  • Year built:1947
  • Listing ID #:GC539656
  • Added:47 day(s) ago
  • Updated:June 09, 2026 at 02:23 PM

Rooms and interior

  • Bedrooms:2
  • Total bathrooms:1
  • Full bathrooms:1
  • Flooring:Vinyl
  • Kitchen Description:Built-In Oven, Cooktop, Freezer, Refrigerator
  • Basement Description:Crawlspace
  • Living area:922 sq. ft.

Heating and cooling

  • Cooling:Central Air
  • Heating:Electric
  • Central air:Yes

Structure and exterior

  • Roof:Shingle
  • Year built:1947
  • Building area:922 sq. ft.
  • Lot area:0.14 Acres
  • Architectural Style:Traditional
  • Construction Materials:Frame
  • Levels:1 Story

Schools

  • High school:Gainesville High School-AL
  • Middle school:Westwood Middle School-AL
  • Elementary school:Marjorie Kinnan Rawlings Elementary School-AL

Utilities

  • Water:Public, Water Connected
  • Sewer:Public, Public Sewer

Finances and disclosures

  • Price:$164,900
  • Price per sq. ft.:$178.85
  • Tax amount:$1,591 (2025)

Features and amenities

  • Appliances:Built-in Oven, Cooktop, Electric Water Heater, Freezer, Refrigerator
  • Laundry features:Electric Dryer Hookup, Inside, Laundry Room, Washer Hookup
  • Amenities:Cable Connected, Fiber Optics, Phone Available
  • Pool features:Public Pool
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