GAINESVILLE, FL 32603 1401 NW 5TH AVENUE
$1,050,000
Pending
6 more
Presented By: CORNERSTONE REALTY & MANAGEMENT SERVICES LLC with 352-262-4914. - 352-278-4648
Beds • 6
Baths • 6
SQFT • 3,300
Home Details
Prime UF Investment Opportunity – 6 Income-Producing 1BR Units Just 4 Blocks from Campus! Wake up and be in the heart of campus in under 5 minutes! This rare opportunity to own six income-generating 1BR/1BA units in the highly desirable U5 zoning district is perfect for investors seeking consistent rental income and long-term appreciation. Located just four blocks from UF’s Business School and caddy-corner to the Gate gas station, this property offers unbeatable walkability for students and professionals alike. Five of the six units are currently leased through July 2026, providing immediate and stable cash flow. One unit is currently vacant—ideal for a new owner to renovate or lease at market rate. Whether you’re expanding your portfolio or making your first leap into student housing, this property checks all the boxes: location, zoning, and income. Don’t miss this rare multifamily gem in one of Gainesville’s highest-demand rental corridors.
Presented By: CORNERSTONE REALTY & MANAGEMENT SERVICES LLC with 352-262-4914. - 352-278-4648
Interior Features for 1401 NW 5TH AVENUE
Bedrooms
Total Bedrooms6
Bathrooms
Half Baths0
Total Baths6
Other Interior Features
LivingAreaSourcePublic Records
Air Conditioning Y/NYes
Fireplace Y/NNo
FlooringTerrazzo
Heating Y/NYes
Interior AmenitiesCeiling Fan(s)
Laundry FeaturesNone
General for 1401 NW 5TH AVENUE
Additional Parcels Y/NNo
AppliancesRange, Range Hood, Refrigerator
Building Area UnitsSquare Feet
Carport Y/NNo
CityGAINESVILLE
Construction MaterialsBlock
CoolingWall/Window Unit(s)
CountyAlachua
DirectionsHead East on University towards NW 15th street, make a left. Make a right on NW 5th Avenue, 6plex is on the right corner across from legacy at standard
Facing DirectionNorth
Flood Zone CodeX
Flood Zone Code XY
Full Baths6
Garage Y/NNo
HeatingWall Units / Window Unit
Land Lease Y/NNo
Lease Considered Y/NYes
Legal DescriptionB W BROWN PLAT PB A-29 N 100 FT OF E 118 1/2 FT OF LOT 1 BK 6 OR 2781/0625
LevelsOne
Listing TermsCash, Conventional
Living Area UnitsSquare Feet
Lot Size Square Feet11761
Lot Size UnitsSquare Feet
MLS Area32603 - Gainesville
Minimum LeaseNo Minimum
New ConstructionNo
Occupancy TypeTenant
OwnershipFee Simple
Property Subtype1/2 Duplex
Property TypeResidential
RoofShingle
STELLAR_InLawSuiteYNNo
Senior Community Y/NNo
SewerPublic Sewer
Standard StatusPending
StatusPending
Subdivision NameBROWN B W
Tax Annual Amount9296
Tax Lot1
Tax Year2024
Total Rooms3
UtilitiesPublic
Virtual TourClick here
Water Access Y/NNo
Water View Y/NNo
Year Built1959
ZoningRMF8
Exterior for 1401 NW 5TH AVENUE
Building Area Total3925
Exterior AmenitiesSidewalk
Foundation DetailsSlab
Lot Size Acres0.27
Lot Size Area11761
Private PoolNo
Road Surface TypeAsphalt
Water SourcePublic
Waterfront Y/NNo
Additional Details
Price History
Schools
High School
Hubert H Humphrey Middle School
Middle School
N/A
Elementary School
Big Hollow Elementary School
Steven Silcock
Broker Owner