1511 & 1509 NE 5th Ave, Gainesville, FL 32641
Local realty services provided by:Better Homes and Gardens Real Estate Synergy
Listed by: deena erickson-klacko
Office: exp realty llc.
MLS#:GC539885
Source:MFRMLS
Price summary
- Price:$220,000
- Price per sq. ft.:$128.88
About this home
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.
Contact an agent
Home facts
- Year built:1980
- Listing ID #:GC539885
- Added:5 day(s) ago
- Updated:May 04, 2026 at 01:42 PM
Rooms and interior
- Bedrooms:3
- Total bathrooms:2
- Full bathrooms:2
- Flooring:Tile, Vinyl
- Kitchen Description:Range, Refrigerator
- Living area:1,587 sq. ft.
Heating and cooling
- Cooling:Central Air
- Heating:Electric
- Central air:Yes
Structure and exterior
- Roof:Shingle
- Year built:1980
- Building area:1,587 sq. ft.
- Lot area:0.28 Acres
- Lot Features:Cleared, Paved
- Construction Materials:Block
- Exterior Features:Private Mailbox
- Foundation Description:Slab
- Levels:1 Story
Utilities
- Water:Public
- Sewer:Public Sewer, Sewer Connected
Finances and disclosures
- Price:$220,000
- Price per sq. ft.:$128.88
- Tax amount:$2,909 (2025)
Features and amenities
- Appliances:Electric Water Heater, Range, Refrigerator
- Amenities:Ceiling Fans(s), Underground Utilities
- Pool features:Public Pool
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