6 days on RocketTour
#R4909601, Beau Beery, Listing office: BRG REALTY VENTURES
$1,500,000 List price
1401 NW 5th Ave Gainesville, FL 32603
6 beds
6 full
3,300 sqft
0.3 acres
$455 / sqft
Multi-Family
Property details
About 1401 NW 5th Ave
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.
Highlights
Home typeDuplex
HeatingDuctless
StatusActive
CoolingWall/Window Unit(s)
Size3,300 sqft
Lot size0.27 Acres
Year built1959
MLS #GC532878
Virtual tour
Summary
- Full Bathrooms: 6
- Appliances: Range, Range Hood, Refrigerator
- Flooring Type: Terrazzo
- Interior: Ceiling Fans(s)
- Total Bedroom Count: 6
- Private Pool: No
- Exterior: Sidewalk
- Heating: Ductless
- Cooling: Wall/Window Unit(s)
- List Price: $1,500,000
- Price/SqFt: $454
- HOA Amount: $0
- Annual Tax Amount: $46,347
- Tax Year: 2023
- Directions: Head 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
- Year Built: 1959
- Living Area: 3,300 SqFt
- Lot Size: 0.27 Acres
- MLS Number: GC532878
- MLS Name: MFRMLS
- Office Name: BROXSON REAL ESTATE GROUP
- Office Phone: (352) 278-4648
- Listing Agent: Jamie Williams, LLC
Listings courtesy of Stellar MLS as distributed by MLS GRID.
All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Properties displayed may be listed or sold by various participants in the MLS.
DMCA Notice
Copyright 2025 My Florida Regional Multiple Listing Service DBA Stellar MLS. The real estate listing data marked with this icon comes from the IDX program of the Stellar MLS system. All information provided is deemed reliable but is not guaranteed and should be independently verified. Listings displayed on this website may be subject to prior sale or removal from sale; availability of any listing should always be independently verified. Listing information is provided exclusively for consumers’ personal, non-commercial use, solely to identify potential properties for potential purchase; all other use is strictly prohibited and may violate relevant federal and state law. Properties displayed may be listed or sold by various participants in the MLS.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 7/29/2025, 10:34:28 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Price information
Property sales
| Date | Event | Price |
|---|---|---|
| Nov 04, 2022 | Home Sold | $1,345,500 |
| Oct 01, 2002 | Home Sold | $92,500 |
| Mar 26, 2001 | Home Sold | $200,000 |
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2023 | $352,238 | $46,347 |
| 2022 | $290,045 | $8,248 |
| 2021 | $292,189 | $8,248 |
| 2019 | $385,186 | $9,381 |
History based on county public records data.
Nearby schools
4
Carolyn Beatrice Parker Elementary School
Public District KG-5
0.5 mi
•1912 NW 5th Ave
4
Littlewood Elementary School
Public District KG-5
2.0 mi
•812 NW 34th St
4
Joseph Williams Elementary School
Public Magnet KG-5
2.0 mi
•1245 SE 7th Ave
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $14,149. Residents of Gainesville, FL typically earn less than $<35k each year. The majority of families are single, no kids. Most residents in this area have post secondary degree education.
How much money do the neighbors make?
88%
<35k
8%
35k-100k
2%
100k-200k
2%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
Masters Degree
What types of families live nearby?
97%
Single, No Kids
1%
Single, with Kids
1%
Married, No Kids
1%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
0%
<11 yrs old
0%
12-17 yrs old
95%
18-34 yrs old
4%
35-64 yrs old
1%
65+ yrs old
What do the neighbors do for fun?
Soccer
NBA/WNBA
Continuing Education Courses
Where do the neighbors shop?
Forever 21
Express/Express For Men
Books-a-Million
Where do the neighbors go to eat?
Dominos Pizza
Starbucks
Qdoba
What do the neighbors drive?
Mazda
Pontiac
Volkswagen
What do the neighbors listen to?
Rhythmic Contemporary Hits
Urban Contemporary- Adult Hits
All data provided by Home Junction and Claritas
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Frequently asked questions
About 1401 NW 5th Ave
The listing price of 1401 NW 5th Ave property is $1,500,000.
The property 1401 NW 5th Ave is a multi located in Gainesville, Florida, 32603.
Active Listing: 1401 NW 5th Ave is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 1401 NW 5th Ave are: Carolyn Beatrice Parker Elementary School (GreatSchools Rating 4/10), Littlewood Elementary School (GreatSchools Rating 4/10), Joseph Williams Elementary School (GreatSchools Rating 4/10), Resilience Charter School Inc (GreatSchools Rating 3/10), Howard W. Bishop Middle School (GreatSchools Rating 4/10), Westwood Middle School (GreatSchools Rating 3/10), A. Quinn Jones/Exceptional Student Center (GreatSchools Rating 1/10), Gainesville High School (GreatSchools Rating 5/10), P.K. Yonge Developmental Research School (GreatSchools Rating 8/10).
According to the records, the last property tax for 2023 is $46,347 (source: MLS/based on county public records data).
The last sale was on November 4, 2022 for $1,345,500 (source: MLS/tax record).
The property 1401 NW 5th Ave is 3,300 SqFt (source: MLS/tax record).
The year of construction for 1401 NW 5th Ave is 1959.
This home is located at 1401 NW 5th Ave in Gainesville, FL and zip code 32603 in the Northwest Gainesville neighborhood. This 3,300 square foot home, which was built in 1959, sits on a 0.27 acre lot. Features: 6 bedrooms, 6 bathrooms. It has been listed on Rocket Homes since July 29, 2025 and is currently priced at $1,500,000.
In June 2025, from all listings sold in Gainesville, FL there were more than 20 sold above asking price, over 179 sold below and more than 58 were sold right at the asked price. In June 2025 in Gainesville, FL there were 5.3% less homes for sale than in May. Listings spent 45 days on the market in June 2025, and had a median list price of $320,487 during the same period.
From Rocket Homes Real Estate and based on county public records data.