$374,900
Off-Market Date: 05/05/2026408 NW 5th Avenue Gainesville, FL 32601
Pending MLS# GC538961
4 beds 2 baths 1,560 sq ft Multi-family
Details for 408 NW 5th Avenue
MLS# GC538961
Description for 408 NW 5th Avenue, Gainesville, FL, 32601
This very well maintained duplex is located 3 minutes from the University of Florida in the heart of the Duckpond Historic District! Both units are 2 bedroom/1 bathroom with updated plumbing; currently operated as a short-term rentals, grossing $41,138.30 in the trailing 12 months. Large already cleared lot with plenty of room for development of additional units. Professionally managed, current management would like to continue their services for the incoming buyer. Net income is pro-forma estimate. This is a great opportunity for an investor, owner occupant buyer, and/or a developer.
Listing Information
Property Type: Residential, Duplex
Status: Pending
Bedrooms: 4
Bathrooms: 2
Lot Size: 0.20 Acres
Square Feet: 1,560 sq ft
Year Built: 1992
Construction: Wood Siding,Wood Frame
Subdivision: Brush Add To Gville
Foundation: Block
County: Alachua
Additonal Room Information
Laundry: Inside, Washer Hookup, Laundry Room, Electric Dryer Hookup
Interior Features
Flooring: Luxury Vinyl,Tile
Additional Interior Features: Living/Dining Room, Stone Counters
Utilities
Water: Public
Sewer: Public Sewer
Other Utilities: Cable Connected,Electricity Connected
Cooling: Central Air
Heating: Central
Exterior / Lot Features
Parking Description: Off Street, driveway, on street
Roof: Shingle
Additional Exterior/Lot Features: Private Yard, Private Entrance, Fence, Storage, Covered, Enclosed, Screened, Front Porch, Side Porch
Unit Information
Unit 1 Units Total: 1
Unit 1 Actual Rent: 1826
Unit 1 Baths Total: 1
Unit 1 Beds Total: 2
Unit 2 Units Total: 1
Unit 2 Actual Rent: 1602
Unit 2 Baths Total: 1
Unit 2 Beds Total: 2
Driving Directions
From the major intersection of University Avenue and Main Street in downtown Gainesville, head north on Main Street, turn left onto NW 5th Avenue; the property at 408 NW 5th Ave will be on your right.
Financial Considerations
Terms: Cash,Conventional,FHA,VA Loan
Tax/Property ID: 14480-000-000
Tax Amount: 3275.97
Tax Year: 2025
A broker reciprocity listing courtesy: BRG REALTY VENTURES LLC
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Copyright 2026 Stellar MLS as distributed by the MLS GRID. All Rights Reserved.
Sales History & Tax Summary for 408 NW 5th Avenue
Sales History
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Tax Summary
| Tax Year | Estimated Market Value | Total Tax |
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Data powered by ATTOM Data Solutions. Copyright© 2026. Information deemed reliable but not guaranteed.
Schools
Schools nearby 408 NW 5th Avenue
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Data powered by ATTOM Data Solutions. Copyright© 2026. Information deemed reliable but not guaranteed.
The schools shown represent both the assigned schools and schools by distance based on local school and district attendance boundaries. Attendance boundaries change based on various factors and proximity does not guarantee enrollment eligibility. Please consult your real estate agent and/or the school district to confirm the schools this property is zoned to attend. Information is deemed reliable but not guaranteed.
SchoolDigger ® Rating
The SchoolDigger rating system is a 1-5 scale with 5 as the highest rating. SchoolDigger ranks schools based on test scores supplied by each state's Department of Education. They calculate an average standard score by normalizing and averaging each school's test scores across all tests and grades.
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