228 & 232 NW 4th Ave Gainesville, FL 32601
Pleasant Street NeighborhoodEstimated payment $3,806/month
Highlights
- Wood Flooring
- No HOA
- 3-minute walk to Pleasant Park
- Gainesville High School Rated A
About This Home
You must see this rare opportunity to own two properties on one lot just steps from the heart of Downtown Gainesville! Located at 228 and 232 N.W. 4th Ave., this income-producing package features a single-family home and a duplex, offering tremendous potential for renovation, rental income, or redevelopment. 228 N.W. 4th Ave. is a charming single-family home featuring a fenced-in backyard, perfect for added privacy or outdoor entertaining. 232 N.W. 4th Ave. is a 2/1 single family home with a 1/1 attached unit (functioning as a duplex); each unit offering unique outdoor spaces: the front unit boasts a welcoming open front porch, while the back unit enjoys its own fenced area and a cozy back porch. Currently 232 is tenant occupied (through end of July 2026) and 228 is vacant, providing immediate rental income as you plan your improvements. Continue renting out homes or keep them for yourself! The parcel, once including both homes, has just been split, giving the ability to now purchase 228 or 232 separately. 228 boasts new vinyl plank flooring, new HVAC being installed, new fans and light fixtures, new toilet and sink, and fresh paint inside and out. The unbeatable downtown location, flexible zoning, and strong rental demand make this an outstanding investment option. Opportunities like this in the downtown core are rare—schedule your showing today!
Listing Agent
KELLER WILLIAMS GAINESVILLE REALTY PARTNERS Brokerage Phone: 352-240-0600 License #3466571 Listed on: 11/11/2025
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $4,766
Year Built
- Built in 1949
Lot Details
- 8,712 Sq Ft Lot
Home Design
- Duplex
- Frame Construction
- Shingle Roof
Interior Spaces
- 2,498 Sq Ft Home
- Crawl Space
- Cooktop
Flooring
- Wood
- Tile
Utilities
- Ductless Heating Or Cooling System
- Cooling System Mounted To A Wall/Window
- Electric Water Heater
Listing and Financial Details
- Visit Down Payment Resource Website
- No Minimum Lease Term
- Tax Lot 5
- Assessor Parcel Number 14228-000-000
Community Details
Overview
- No Home Owners Association
- 3 Units
- 2,850 Sq Ft Building
- Brush Add To Gville Subdivision
Building Details
- Gross Income $33,600
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $5,206 | $239,935 | $43,560 | $196,375 |
| 2024 | $4,375 | $226,487 | $43,560 | $182,927 |
| 2023 | $4,375 | $200,810 | $43,560 | $157,250 |
| 2022 | $3,904 | $173,177 | $43,560 | $129,617 |
| 2021 | $3,587 | $146,041 | $43,560 | $102,481 |
| 2020 | $3,378 | $136,868 | $43,560 | $93,308 |
| 2019 | $3,182 | $124,511 | $39,204 | $85,307 |
| 2018 | $2,984 | $124,000 | $39,200 | $84,800 |
| 2017 | $3,212 | $130,900 | $14,000 | $116,900 |
| 2016 | $2,042 | $78,700 | $0 | $0 |
| 2015 | $2,045 | $77,200 | $0 | $0 |
| 2014 | $2,054 | $76,800 | $0 | $0 |
| 2013 | -- | $76,800 | $14,000 | $62,800 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 11/11/2025 11/11/25 | For Sale | $650,000 | -- | $260 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Quit Claim Deed | -- | None Available | |
| Warranty Deed | $910,000 | Attorney | |
| Deed | -- | Attorney | |
| Warranty Deed | $100 | -- | |
| Interfamily Deed Transfer | -- | Attorney | |
| Warranty Deed | $42,000 | -- | |
| Deed | $100 | -- | |
| Warranty Deed | $100 | -- |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $750,000 | Purchase Money Mortgage |
Source: Stellar MLS
MLS Number: GC535342
APN: 14228-000-000
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Listing Information presented by local MLS brokerage: Ten-X - (888)-952-6393
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