$220,000

1511 & 1509 NE 5TH AVE, Gainesville, FL 32641

4 beds |
2 baths |
1,587 sqft

Town Home
Built in 1980
0.28acre lot
—— car garage
$139/sqft
Listed 3 days ago

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.

Listing Status:: Active
Date Added:: April 28, 2026
Data Last Updated:: May 1, 2026 at 7:23PM
Listing Office:: EXP REALTY LLC : 888-883-8509
Listing Agent:: Deena Erickson-Klacko : 352-494-2404
MLS ID:: GC539885

General: Ceiling Fans(s)
Appliances: Electric Water HeaterRangeRefrigerator
Laundry: None
Flooring: TileVinyl
A/C: Central Air
Heating: Electric

General: Private EntrancePrivate MailboxPrivate Yard

Roofing: Shingle
General: BlockOneSlab

Road/Access: Paved
Originating MLS: Stellar MLS
County: Alachua

Zoning: RCNew Gainesville PB A-65 Lots 5 6 BK 3 OR 4928/0093. Lots 5 and 6Block 3NEW GAINESVILLEaccording to the map or Plat thereof as recorded in Plat Book APage 65Public Records OF Alachua CountyFlorida11391-000-000
View: Park/Greenbelt

Utilities: Electricity ConnectedSewer ConnectedUnderground Utilities
Water: Public
Sewer: Public Sewer

Source: Stellar MLS
Ownership: Fee Simple

This listing courtesy of Deena Erickson-Klacko , EXP REALTY LLC

Monthly Payment

$Est. Payment

Principal & Interest $
Property Taxes $
Home Insurance $
VA Funding Fee $

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