Date
Details
Price
Change
Source
9/11/2026
Sold
$214,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
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$214,000
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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.
Full Property Details
Full Property Details for 1509 NE 5th Ave
General
- Sold For: $214,000
- Taxes: $2,909 (2025)
- Status: Closed
- Type: Duplex
- Source: MidFloridaRegionalMLS
- MLS ID: GC542741
- Added to Site: 60 day(s) ago
Rental Information
- Min. Lease: No Minimum
Interior
- Interior Features: Ceiling Fan(s)
- Appliances: Electric Water Heater, Range, Refrigerator
- Furnishings: Unfurnished
- Flooring: Tile, Vinyl
Rooms
Bathrooms
- Total Bathrooms: 4
Bedrooms
- Total Bedrooms: 12
Exterior
- Exterior Features: Private Entrance, Private Mailbox, Private Yard
Location
- Area: 32641 - Gainesville
- County: Alachua
- Development Name: 32641 - Gainesville
- Subdivision: NEW GAINESVILLE
- Driving Directions: Heading on E University towards Hawthorne Rd, go to NE 15th St and turn left, follow to NE 5th Ave and turn right, and the Duplex will be on your right-hand side.
Community
- Community Name: 32641 - Gainesville
- Number of Pets: 2
Heating & Cooling
- Cooling Type: Central Air
- Heating Type: Electric
Utilities
- Sewer: Public Sewer
- Water: Public
- Utility Description: Electricity Connected, Sewer Connected, Underground Utilities
Structural Information
- # Buildings: 1
- Exterior Const.: Block
- Roof: Shingle
- Stories/Levels: One
- Square Feet: 1,587
- Sq. Ft. Source: Public Records
- Living Area: 1,587 Sq. Ft.
- Year Built: 1980
Lot Features
- Property View: Park/Greenbelt
- Lot Size (Acres): 0.28
- Lot Size (Sq. Ft.): 12,197
- Lot Size: 12197
- Frontage: Street Paved
- Street/Road Desc.: Paved
Financial Considerations
- Tax Amount: $2,909.08
- Tax Year: 2025
Disclosures and Reports
- Ownership: Fee Simple
- Special Conditions: None
- Legal Description: New Gainesville PB A-65 Lots 5 6 BK 3 OR 4928/0093. Lots 5 and 6, Block 3, NEW GAINESVILLE, according to the map or Plat thereof as recorded in Plat Book A, Page 65, Public Records OF Alachua County, Florida
- Flood Zone Info: x
- APN: 11391000000
- Property ID: 11391000000
Listed by Exp Realty Llc
Sold by Stellar Non-Member Office
Listing agent
— 1509 NE 5th Ave —
Exp Realty Llc
NMLS#: 1598647Get Pre-Approved Today
Schools
Schools serving 1509 NE 5th Ave
School District:Alachua County School District
| Name | Grades | Distance |
|---|---|---|
Marjorie Kinnan Rawlings Elementary School, Gainesville, FL 3500 Northeast 15th Street, Gainesville, FL 32609 | K-5 | 2 mi |
Westwood Middle School, Gainesville, FL 3215 Northwest 15 Avenue, Gainesville, FL 32605 | 6-8 | 3.9 mi |
Gainesville High School 1900 Northwest 13th Street, Gainesville, FL 32609 | 9-12 | 2.4 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 1509 NE 5th Ave
1509 NE 5th Ave, Gainesville, FL 32641 (MLS# GC542741) is a Duplex property that was sold at $214,000 on September 11, 2026. Want to learn more about 1509 NE 5th Ave? Do you have questions about finding other Duplex real estate for sale in Gainesville? You can browse all Gainesville real estate or contact a Coldwell Banker agent to request more information.